-->VeriChip Corporation Increases Its Washington, D.C. Presence -- Retains Stanley L. Reid to Market Subdermal RFID VeriChip to Federal Agencies
Monday September 29, 1:13 pm ET
VeriChip is a subdermal, radio frequency identification (RFID) device that can be used in a variety of security, financial, emergency identification and other applications. About the size of a grain of rice, each VeriChip product contains a unique verification number that is captured by briefly passing a proprietary scanner over the VeriChip.
Since 1996, Mr. Reid has served as president of Strategic Sciences, a Washington, D.C.-area consulting firm that specializes in marketing advanced technologies to the federal government. Mr. Reid has particular expertise in selling new, introductory technologies to government agencies, including the Departments of Defense (DoD), Energy (DoE) and State, as well as the agencies that have been incorporated into the Department of Homeland Security.
Prior to launching Strategic Sciences in 1996, Mr. Reid worked as Vice President of BNFL, Inc., and as Acting Director, Defense Programs, at the U.S. Department of Energy (DoE). In this appointed position during the Reagan Administration, Mr. Reid held both U.S. DoD and U.S. DoE security clearances. From 1983-1986, Mr. Reid served as Washington Representative for Rockwell International. For three years prior to this appointment, he worked as a Legislative Director for a member of the U.S. House of Representatives, serving in this capacity as a direct liaison to the Committee on Science and Technology.
Retaining Mr. Reid to lead the VeriChip marketing effort in Washington, D.C. continues the Company's ongoing program, first announced last year in the"Protected by VeriChip" awareness initiative, to demonstrate VeriChip's potential as a secure identification technology with a variety of applications in the areas of homeland security and defense.
The Company has been actively developing applications for VeriChip in which VeriChip could be use to control authorized access to government installations and private-sector buildings, nuclear power plants, national research laboratories, and sensitive transportation resources including airports and seaports. In these applications, VeriChip could function as a stand-alone, tamper-proof personal verification technology or it could operate in conjunction with other security technologies such as standard ID badges, smart cards and advanced biometric devices (i.e. retina scanners, thumbprint readers or face recognition devices). snip~
This Center is headed by world-renowned plastic surgeon, Dr. Csaba Magassy, operating from his existing practice, Plastic Surgery Associates in McLean, Virginia. On August 14, 2002, Dr. Magassy performed the first VeriChip outpatient"chipping" procedures in the Washington, D.C. area on three executives from Applied Digital's subsidiary, Computer Equity (Compec)/Government Telecommunications (GTI).
About VeriChip(TM)
VeriChip is a subdermal, radio frequency identification (RFID) device that can be used in a variety of security, financial, emergency identification and other applications. About the size of a grain of rice, each VeriChip product contains a unique verification number that is captured by briefly passing a proprietary scanner over the VeriChip. The standard location of the microchip is in the triceps area between the elbow and the shoulder of the right arm. The brief outpatient"chipping" procedure lasts just a few minutes and involves only local anesthetic followed by quick, painless insertion of the VeriChip. Once inserted just under the skin, the VeriChip is inconspicuous to the naked eye. A small amount of radio frequency energy passes from the scanner energizing the dormant VeriChip, which then emits a radio frequency signal transmitting the verification number. In October 2002, the US Food and Drug Administration (FDA) ruled that VeriChip is not a regulated device with regard to its security, financial, personal identification/safety applications but that VeriChip's healthcare information applications are regulated by the FDA. VeriChip Corporation is a wholly owned subsidiary of Applied Digital Solutions (Nasdaq: ADSX - News). For more information about VeriChip, visit www.adsx.com
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