Digital Angel Selected by Pilatus and Republic of Singapore Air Force

Wed Jan 9, 2008 8:30am EST
 
[-] Text [+]
Contract Well-Positions Digital Angel to Replace RSAF's Other
                            Obsolete Units
SO. ST. PAUL, Minn.--(Business Wire)--Digital Angel (the "Company") (NASDAQ:DIGA), an advanced
technology company in the field of rapid and accurate identification,
location tracking and condition monitoring of high-value assets,
announced today that its SARBE division has been selected to supply
its latest generation Personal Locator Beacons (PLBs) to Pilatus
Aircraft Ltd. of Switzerland. Pilatus will, in turn, provide these
PLBs to the Republic of Singapore Air Force (RSAF).

   This contract, valued at more than $160,000 USD, is to provide
SARBE 6-406G PLBs that will be supplied with advanced turboprop
training aircraft to the RSAF. Additionally it is anticipated that the
contract ideally positions the Company to capitalize on the RSAF's
requirement to replace their inventory of up to 1500 units of SARBE 6
PLBs that are now obsolete.

   Joseph J. Grillo, Chief Executive Officer of Digital Angel, said,
"Our SARBE division has a long history of supplying the RSAF with PLBs
and we are delighted to continue our association with this prestigious
military organization. We believe this contract is very important in
securing future orders from RSAF. Furthermore, there are many exciting
developments taking place within our SARBE division and I look forward
to the opportunity when we can communicate these to the investor
community."

   About Digital Angel

   Digital Angel (www.DigitalAngel.com) is a leading provider of
radio frequency identification (RFID) and global positioning system
(GPS) technologies that enable the rapid and accurate identification,
location tracking and condition monitoring of people, animals and
high-value assets. Digital Angel's products are utilized around the
world in such applications as pet identification using its patented,
FDA-approved implantable microchip; livestock identification and
tracking using visual and RFID ear tags; and GPS search and rescue
beacons for use on aircraft, ships and boats, and by adventure
enthusiasts. Digital Angel is the owner of a majority position in
VeriChip Corporation (NASDAQ:CHIP).

   This press release includes forward-looking statements, including
but not limited to statements regarding growth expectations for the
Company's SARBE division and the Company's business prospects with the
RSAF. This information is also qualified in its entirety by cautionary
statements and risk factor disclosures contained in the Company's
Securities and Exchange Commission filings, including the Company's
annual report on Form 10-K for the fiscal year ended December 31, 2006
and its quarterly reports. The Company can offer no assurances that
any projections, assumptions or forecasts made or discussed in this
release will be met, and investors should understand the risks of
investing solely due to such projections. The Company undertakes no
obligation to revise any forward-looking statements in order to
reflect events or circumstances that may arise after the date of this
press release.

Digital Angel, So. St. Paul
Allison Tomek, 561-805-8044
atomek@adsx.com
or
CEOcast
Dan Schustack, 212-732-4300
dschustack@ceocast.com

Copyright Business Wire 2008

 

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