American Medical Association approves Implanted Micro-Chips For Patients
Pastor Dale Morgan
American Medical Association approves Implanted Micro-Chips For Patients*
VeriChip Corporation Announces American Medical Association Recommends
Implantable RFID Devices to Improve the Safety and Efficiency of Patient
Care
Wednesday June 27, 11:39 am ET
As Only Company With FDA-Cleared RFID Implantable Microchip, AMA's
Recommendation Expected to Enhance Marketing Efforts
DELRAY BEACH, Fla.--(BUSINESS WIRE)--VeriChip Corporation (NASDAQ:CHIP -
News), a provider of RFID systems for healthcare and patient-related
needs, announced today the American Medical Association's (AMA) Council
on Ethical and Judicial Affairs has adopted a policy stating that
implantable radio frequency identification (RFID) devices may help to
identify patients, thereby improving the safety and efficiency of
patient care, and may be used to enable secure access to patient
clinical information. VeriChip has the only FDA-cleared RFID implantable
microchip for patient identification and health information purposes.
VeriChip anticipates that the AMA's recommendation will enhance the
Company's marketing efforts by accelerating the adoption by hospitals of
the VeriMed Patient Identification System and increasing the profile of
the VeriChip among the medical community.
About VeriChip
VeriChip Corporation, headquartered in Delray Beach, Florida, develops,
markets and sells radio frequency identification, or RFID, systems used
to identify, locate and protect people and assets. VeriChip's goal is to
become the leading provider of RFID systems for people in the healthcare
industry. The Company recently began marketing its VeriMed(TM) Patient
Identification System, a passive RFID system for rapidly and accurately
identifying people who arrive in an emergency room and are unable to
communicate. This system uses the first human-implantable passive RFID
microchip, the implantable VeriChip(TM), cleared for medical use in
October 2004 by the United States Food and Drug Administration.
VeriChip Corporation is majority-owned by Applied Digital Solutions Inc.
(NASDAQ:ADSX - News), which also owns a majority position in Digital
Angel Corporation (AMEX:DOC - News). For more information on VeriChip,
please call 1-800-970-2447, or email in...@verichipcorp.com. Additional
information can be found online at http://www.verichipcorp.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. 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.