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VeriChip(TM) Announces Results of Italian National Institute Two-Year Clinical Study of VeriMed System

Posted : Thu, 30 Nov 2006 13:39:00 GMT
Author : Applied Digital Solutions
Category : Press Release
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DELRAY BEACH, Fla., Nov. 30  /PRNewswire-FirstCall/ -- Applied Digital Solutions , though its subsidiary VeriChip Corporation, announced today the results of a clinical study on its VeriMed System for patient radio frequency identification (RFID) conducted by the Spallanzi National Institute of Rome Italy and sponsored by the Italian Ministry of Health.
The two-year, 10 patient study was designed to evaluate the safety and efficacy of the VeriMed implantable RFID microchip and the functionality of the VeriMed System in the management of patients with chronic infectious diseases undergoing care at the Institute. The study reported no complications or side effects related to the insertion procedure, flawless access of the ID number using the hand-held reader, and universal acceptance within the patient study group. Based on the results of the study, the exclusive VeriChip distributor for Italy plans to petition the Italian Ministry of Health for full availability of the VeriMed System through the Italian National Health Service.
Richard Seelig, MD, Vice President, Medical Applications of VeriChip Corporation commented, "We are extremely pleased with the results of the first long-term clinical study evaluating all aspects of the VeriMed System in a clinical management environment. The findings confirm that the VeriMed System provides a favorable clinical utility to treating physicians. The study also demonstrates the appeal of VeriMed to the patient population as all participants in the study elected to retain their VeriChip implant for use beyond the conclusion of the study."
Mr. Giorgio Fanara, President of Fanara & Associati, who proposed and followed every step and aspect of the Italian study commented: "We would like to express our great satisfaction as now in Italy there is a system capable of meeting and satisfying the universal availability of patient clinical information and guarantee the security of the medical record. I would like to thank Doctor Giorgio Antonucci, Scientific Research Director of the Spallanzi National Institute and all his staff for their high professional skills and great work during these years."
About VeriChip Corporation
About Applied Digital - "The Power of Identification Technology"
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.
Applied Digital Solutions

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Article : VeriChip(TM) Announces Results of Italian National Institute Two-Year Clinical Study of VeriMed System
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