News | December 27, 2007

Asset Tracking: Applied Digital And Digital Angel Announce Voting Results Of Reconvened Special Meetings Of Stockholders

Applied Digital Solutions, Inc., a leading provider of identification and security technology, and Digital Angel Corporation an advanced technology company in the field of rapid and accurate identification, location tracking and condition monitoring of high-value assets, recently announced the voting results of the of their stockholder meetings, which were held on December 21, 2007, at the Renaissance Boca Raton in Boca Raton, Florida. All matters passed. The companies expect to complete their merger and announce a new chief executive officer to lead the newly combined company on or around January 2, 2008.

About Applied Digital - "The Power of Identification Technology"
Applied Digital develops innovative identification and security products for consumer, commercial, and government sectors worldwide. Applied Digital's unique and often proprietary products provide identification and security systems for people, animals, the food supply, government/military arena, and commercial assets. Included in this diversified product line are RFID applications, end-to-end food safety systems, GPS/Satellite communications, and telecomm and security infrastructure, positioning Applied Digital as the leader in identification technology. Applied Digital is the owner of majority positions in Digital Angel Corporation and VeriChip Corporation.

About Digital Angel
Digital Angel Corporation 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. The company'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 Corporation has entered into the Merger Agreement to merge with its parent company Applied Digital.

SOURCE: Applied Digital Solutions, Inc.