VeriChip’s Chairman Comments on Clean Energy Trends and is Featured in South Florida Business Journal
12 3월 2009 - 9:30PM
Business Wire
VeriChip Corporation (NASDAQ:CHIP) (�VeriChip� or the �Company�)
announced today that its Chairman, Scott R. Silverman, has
commented on Clean Edge, Inc.�s Clean Energy Trends 2009 report,
which forecasts growth in biofuels from $34.8 billion in 2008 to
$105.4 billion by 2018, and has spoken to the South Florida
Business Journal about the Company�s new subsidiary, VeriGreen
Energy Corporation, and the types of alternative energy
opportunities the Company is considering. The complete interview
can be found on the South Florida Business Journal�s website:
http://southflorida.bizjournals.com/southflorida/stories/2009/03/02/daily71.html.
Mr. Silverman stated, �As evidenced by Clean Edge�s recent
report, the biofuels industry is forecasted to experience
significant growth in the coming years. Furthermore, to the benefit
of many established, smaller businesses, the American Recovery and
Reinvestment Act of 2009 will inject billions into renewable and
alternative energies, thereby creating jobs, improving the economy
and our environment. The stimulus package is expected to promote
renewable and clean energies by offering tax incentives, bonds,
grants and other financial assistance. Through the formation of
VeriChip�s new subsidiary, VeriGreen Energy Corporation, and the
investments we are evaluating, we will be well positioned to
participate in those initiatives.�
Mr. Silverman continued, �As others may invest in start-ups in
the alternative energy sector, we are looking particularly at
existing operations with revenues and, in some cases, earnings. We
are not interested in being a pure venture capital play for
companies that have no revenues and no earnings.�
About VeriChip Corporation
VeriChip Corporation, headquartered in Delray Beach, Florida,
has developed the VeriMed� Health Link System for rapidly and
accurately identifying people who arrive in an emergency room and
are unable to communicate. This system uses the first
human-implantable passive RFID microchip, cleared for medical use
in October 2004 by the United States Food and Drug Administration.
VeriChip also recently announced the formation of its VeriGreen
Energy Corporation division, which will invest in the clean and
alternative energy sector, to complement its healthcare
division.
For more information on VeriChip, please call 1-800-970-2447, or
e-mail info@verichipcorp.com. Additional information can be found
online at www.verichipcorp.com.
Statements about VeriChip�s future expectations, including
future revenues and earnings, the growth of biofuels as forecast by
Clean Edge, Inc., the Company�s ability to find and invest in clean
and alternative energy companies, particularly those with revenues
and earnings, the ability of the American Recovery and Reinvestment
Act of 2009 to create jobs, improve the economy and the
environment, and the Company�s ability to capitalize on the
investments the Obama administration is making in energy, and all
other statements in this press release other than historical facts
are �forward-looking statements� within the meaning of Section 27A
of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private
Litigation Reform Act of 1995. Such forward-looking statements
involve risks and uncertainties and are subject to change at any
time, and VeriChip�s actual results could differ materially from
expected results. Additional information about these and other
factors that could affect the Company�s business is set forth in
the Company�s various filings with the Securities and Exchange
Commission, including those set forth in the Company�s 10-K filed
on February 12, 2009, under the caption �Risk Factors.� The Company
undertakes no obligation to update or release any revisions to
these forward-looking statements to reflect events or circumstances
after the date of this statement or to reflect the occurrence of
unanticipated events, except as required by law.
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