Digital Angel (the ๏ฟฝCompany๏ฟฝ) (NASDAQ:DIGA), an advanced technology company in the field of rapid and accurate identification, location tracking and condition monitoring of high-value assets, announced today that its SARBE division has been selected to supply its latest generation Personal Locator Beacons (PLBs) to Pilatus Aircraft Ltd. of Switzerland. Pilatus will, in turn, provide these PLBs to the Republic of Singapore Air Force (RSAF). This contract, valued at more than $160,000 USD, is to provide SARBE 6-406G PLBs that will be supplied with advanced turboprop training aircraft to the RSAF. Additionally it is anticipated that the contract ideally positions the Company to capitalize on the RSAF๏ฟฝs requirement to replace their inventory of up to 1500 units of SARBE 6 PLBs that are now obsolete. Joseph J. Grillo, Chief Executive Officer of Digital Angel, said, ๏ฟฝOur SARBE division has a long history of supplying the RSAF with PLBs and we are delighted to continue our association with this prestigious military organization. We believe this contract is very important in securing future orders from RSAF. Furthermore, there are many exciting developments taking place within our SARBE division and I look forward to the opportunity when we can communicate these to the investor community.๏ฟฝ About Digital Angel Digital Angel (www.DigitalAngel.com) is a leading provider of radio frequency identification (RFID) and global positioning system (GPS) technologies that enable the rapid and accurate identification, location tracking and condition monitoring of people, animals and high-value assets. Digital Angel๏ฟฝs products are utilized around the world๏ฟฝin such๏ฟฝapplications as pet identification using its patented, FDA-approved implantable microchip; livestock identification and tracking using visual and RFID ear tags; and GPS search and rescue beacons for use on aircraft, ships and boats, and by adventure enthusiasts. Digital Angel is the owner of a majority position in VeriChip Corporation (NASDAQ:CHIP). This press release includes forward-looking statements, including but not limited to statements regarding growth expectations for the Company๏ฟฝs SARBE division and the Company๏ฟฝs business prospects with the RSAF. This information is also qualified in its entirety by cautionary statements and risk factor disclosures contained in the Company๏ฟฝs Securities and Exchange Commission filings, including the Company๏ฟฝs 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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