Digital Angel Corporation (AMEX:DOC), an advanced technology company in the field of rapid and accurate identification, location tracking and condition monitoring of high-value assets, announced today its United Kingdom-based subsidiary, Signature Industries, a leading manufacturer of distress beacons, was awarded the prestigious National Marine Manufacturers Association (NMMA) Aftermarket Electronics Innovation Award at MAATS (Marine Aftermarket Accessories Trade Show) on Friday for their McMurdo SmartFind Plus 406 GPS EPIRB. The judges at the Chicago show praised the innovative features of the SmartFind Plus, the only U.S.-approved all-digital EPIRB available, which is equipped with a battery approved for air transportation and a carry-safe bracket to eliminate false activation. Judges also cited its low cost. As well as the features described by the judges, the SmartFind Plus G5 (with GPS) and the standard SmartFind E5 boasts a high brightness LED locator light to achieve type approval. Kevin McGrath, President and CEO of Digital Angel, said, �We are proud to receive this award and believe the low cost of the SmartFind EPIRB will encourage widespread adoption by boaters, further augmenting the market for this product.� Revere Supply Inc., the exclusive distributor of McMurdo products in the U.S., submitted the SmartFind for the award. At a gala event hosted by International Boat Industry magazine, NMMA president Thom Dammrich and other international judges presented the award. Fifty new products in eight categories were entered into the awards, and McMurdo was one of only seven category winners. The SmartFind EPIRB has been extremely successful throughout the world in the maritime and leisure marine sectors. The SmartFind, manufactured in the UK, is compact, accurate and robust, offering peace of mind to users of all sea going vessels. Type Approval certification by COSPAS SARSAT, the international satellite-based search and rescue system, means that the SMARTFIND is compliant with maritime regulations. About Digital Angel Corporation Digital Angel Corporation (www.DigitalAngelCorp.com) develops and deploys sensor and communications technologies that enable rapid and accurate identification, location tracking, and condition monitoring of high-value assets. Applications for the Company�s products include identification and monitoring of humans, pets, fish, poultry and livestock through its patented implantable microchips; location tracking and message monitoring of vehicles and aircraft in remote locations through systems that integrate GPS and geosynchronous satellite communications; and monitoring of asset conditions such as temperature and movement, through advanced miniature sensors. Digital Angel Corporation is majority-owned by Applied Digital Inc. (NASDAQ:ADSX), which also owns a majority position in VeriChip Corporation (NASDAQ:CHIP). This press release includes forward-looking statements, including but not limited to statements regarding the expected performance of the products described, the impact of product cost on expanded consumer use, and the range of benefits the product offers to users. This information is also qualified in its entirety by cautionary statements and risk factor disclosures contained in the Company�s Securities and Exchange Commission filings, including the Company�s annual report on Form 10-K for the fiscal year ended December 31, 2006 and its quarterly reports. The Company can offer no assurances that any projections, assumptions or forecasts made or discussed in this release will be met, and investors should understand the risks of investing solely due to such projections. The Company undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.
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