ADSX Applied Digital Solutions (MM)

VeriChip Corporation, a subsidiary of Applied Digital (NASDAQ:ADSX), announced today the shipment of its 15,000th radio frequency identification (RFID) asset tag within the past five months, as it nears completion of its third hospital asset-tracking system installation during this period. "By incorporating RFID-based asset location and tracking into healthcare environments, hospitals gain control of their medical equipment, resulting in improved patient care and a better bottom line," stated Kevin McLaughlin, Chief Executive Officer of VeriChip Corporation. VeriChip Corporation believes that its asset tag is the smallest, longest-lasting active RFID tag on the market, making it ideal for the protection and tracking of even small pieces of medical equipment. Once the tags are attached to desired items, hospital staff can quickly locate what they need when they need it on an easy-to-use electronic floor plan. This tagged equipment is also protected from theft by triggering alarms if items are taken from designated areas, and helps the hospital with its regulatory compliance and prevention of infection through the accidental use of "dirty" equipment. For more information on VeriChip's RFID-based asset tracking solutions, please visit www.verichipcorp.com or contact 1-800-970-CHIP or info@verichipcorp.com. About VeriChip - "RFID for people" VeriChip is a subsidiary of Applied Digital and provides state-of-the-art RFID security solutions that identify, locate, and protect people, their assets, and their environments. From the world's first and only FDA-cleared, human-implantable RFID microchip to the only active RFID tag with patented skin sensing capabilities, VeriChip's technology ensures the safety and security organizations are looking for. Its market-leading infant protection, wander prevention, asset tracking, and patient identification applications make VeriChip the predominant RFID solutions provider in the healthcare industry. And today, VeriChip systems are installed in over 4,000 locations worldwide in healthcare, security, industrial, and government markets making it the world's premier RFID company for people. For more information on VeriChip, please visit www.verichipcorp.com. About Applied Digital - "The Power of Identification Technology" Applied Digital develops innovative identification and security products for consumer, commercial, and government sectors worldwide. The Company'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 a majority position in Digital Angel Corporation. Statements about the Company's future expectations, including future revenues and earnings, 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 the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.