SpatialNews Press Release
Applied Digital Solutions Opens Research and Development/Engineering Facility in Shen Zhen -- Facility
will enhance cost structure of continued research and development while providing access to OEM
partner and sales and marketing activities for China and Far East
www.digitalangel.net
PALM BEACH, Fla., Jan 11, 2002 -- Applied Digital Solutions, Inc. (Nasdaq: ADSX), an advanced digital technology development
company, today announced that it has opened its new research and development facility in Shen Zhen, a special economic zone near Hong Kong, China.
Dr. S.G. Chen, who has more than 15 years experience in high-level research and development, will lead this facility as part of the Applied Digital Research
Group.
The new office will work closely with OEM partners to oversee production of Digital Angel products and will carry out research and development of new
products of the Applied Digital Research Group. The facility will also serve as a sales and marketing office to tap into the tremendous market potential of
China and other parts of the Far East for Digital Angel and other Applied Digital products. The office will coordinate efforts with joint venture partner, Shenyang
Duouyuan Digital Communications Net Corporation, a non-exclusive partner in three northeast provinces of China.
Commenting on the new facility, Richard J. Sullivan, Chairman and CEO of Applied Digital Solutions, stated: "This new facility and the additional
strengthening of our Research Group is a key move in furthering our position as the preeminent advanced digital technology development company. Dr. Chen
and his team will have immediate access to our OEM partner in China for existing Digital Angel products and the development of new technologies and
product, as well. This direct access will insure that our partner will meet our strict quality controls and aggressive production needs. Establishing a sales and
marketing office in China greatly enhances our access to that overwhelmingly large market."
About Digital Angel(TM)
Digital Angel represents the first-ever combination of advanced biosensor technology and Web-enabled wireless telecommunications linked to Global
Positioning Systems (GPS). By utilizing advanced biosensor capabilities, Digital Angel will be able to monitor key body functions - such as temperature and
pulse
- and transmit that data, along with accurate location information, to a ground
station or monitoring facility. Applied Digital Solutions is exploring a wide range of potential applications for Digital Angel, including: monitoring the location
and medical condition of at-risk patients; locating lost or missing individuals; locating missing or stolen household pets; monitoring the location of certain
parolees; managing livestock and other farm-related animals; pinpointing the location of valuable stolen property; managing the commodity supply chain;
preventing the unauthorized use of firearms; and providing a tamper-proof means of identification for enhanced e-commerce security. Digital Angel Corporation
has announced a proposed merger with Medical Advisory Systems. For more information on Digital Angel, visit www.digitalangel.net.
About Medical Advisory Systems
Medical Advisory Systems, Inc. is a global leader in telemedicine that has operated a 24/7, physician-staffed call center in Owings, MD for nearly 20 years.
Through a worldwide telecommunications network, MAS provides health care to ships-at-sea and other remote locations, one-on-one "chats" with a physician
via the Internet or telephone, as well as medical and non-medical services for the travel industry. MAS owns a 12% equity interest in Paris-based CORIS
Group, which provides it with the ability to offer its services in over 30 countries worldwide. For additional information, visit www.mas1.com.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is an advanced digital technology development company that focuses on a range of early warning alert, miniaturized power sources
and security monitoring systems combined with the comprehensive data management services required to support them. Through its Advanced Wireless unit,
the Company specializes in security-related data collection, value-added data intelligence and complex data delivery systems for a wide variety of end users
including commercial operations, government agencies and consumers. For more information, visit the company's website at http://www.adsx.com.
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. The Company intends that 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.
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