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Setting the Stage: Applied Digital Presents at U.S. Department of Commerce Workshop on Radio Frequency Identification -RFID.
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WASHINGTON, Apr 07, 2005 (BUSINESS WIRE) -- Applied Digital (ADSX) , a provider of security through innovation (TM), announced today that its Chairman and CEO, Scott R. Silverman participated in yesterday´s "RFID in 2005: Technology and Industry Perspectives" workshop at the invitation of the U.S. Department of Commerce.
As part of the "Industry Perspectives - RFID Hardware" panel, Mr. Silverman gave a presentation on VeriChip, the world´s first subdermal RFID microtransponder that can be used in a variety of medical, security, and financial identification purposes and was recently cleared by the U.S. Food and Drug Administration (FDA) VeriChip for medical applications in the United States.
In his opening remarks, Mr. Silverman re-affirmed Applied Digital´s strong support of the Administration´s initiative to promote Information Technology (IT) in healthcare, but pointed out that access to that information, such as electronic medical records is crucial. "How do you access the information in that electronic medical record in an emergency situation without human-based data input? Our answer is VeriChip....VeriChip can be used as the gateway or portal to electronic medical records."
Mr. Silverman also highlighted the recent acceptance of the VeriChip technology by two prestigious hospitals - Beth Israel Deaconess Medical Center (Boston, MA) and Hackensack University Medical Center (Hackensack, NJ).
In addition to discussion of the capabilities of the VeriChip product, Mr. Silverman devoted the majority of his presentation to the company´s devotion to privacy, and the protocols Applied Digital has developed in regards to privacy, including the appointment of a Chief Privacy Officer, and the adoption of a comprehensive privacy policy. "We look at ourselves as leaders in the RFID industry. Therefore, we are strong pro-active privacy participants, we want to be and we have to be," said Silverman. "We urge the industry to address these (privacy) issues head on and we look to be an active participant."
It´s getting better by the minute folks...
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