Digital Angel Secures $6 Million Three-Year Contract from Bonneville Power Administration
30 1월 2008 - 10:00PM
Business Wire
Digital Angel (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 it has
secured a three-year, $6 million order from the Bonneville Power
Administration (BPA), a federal agency under the U.S. Department of
Energy, for Passive Integrated Transponder (PIT) technology. PIT is
used in conjunction with a Radio Frequency Identification (RFID)
antenna to monitor salmon movement and dam passage. Zeke Mejia,
Chief Technology Officer of Digital Angel, said: �We have worked
with the BPA for many years and this latest order is further
confirmation of our ongoing successful relationship. We continue to
supply BPA with cutting-edge technology, including the world�s
largest RIFD antenna, to quickly and accurately observe and protect
BPA�s regional fisheries.� Since the late 1980s, Digital Angel has
worked with Portland-based BPA and the federal Columbia and Snake
River hydroelectric projects to develop, manufacture and install
implantable PIT in the native salmon population, which represents a
vital resource to the local community. The species� vulnerability
to pollution, weather changes and over-fishing, makes BPA�s
monitoring program a crucial element in their survival. Digital
Angel�s ground-breaking technology allows the BPA to effectively
monitor the local salmon populations as they migrate through a
river system that encompasses an elaborate network of dams and
contributories. 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�s products are utilized around the
world�in such�applications 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 the Company�s relationship with BPA and the
ability of the Company�s RFID technology to accurately and
effectively monitor salmon populations and to protect BPA�s
fisheries. 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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