29.11.2007 15:21:00

Digital Angel Corporation Receives Long-Term Contract to Supply Rescue Systems to the UK Royal National Lifeboat Institution

Digital Angel Corporation (the "Company”) (AMEX:DOC), 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, announced today that it has signed a long-term contract between its McMurdo division and the UK’s Royal National Lifeboat Institution (RNLI), to supply the RNLI’s "MOB (man overboard) Guardian” rescue system. The RNLI has underwritten the first 300 systems totaling $450,000, which Signature will begin supplying in December 2007 and complete by March 2008. The RNLI has identified that there are over 4,500 coastal fishermen who would greatly enhance their safety if they were to select the system. RNLI has encouraged the installation of the safety system by organizing RNLI and European Union financial support to offset the cost of the system to the fishermen. The fishermen will pay approximately $630, which is less than 20% of the total cost of the total system including satellite services. Across the world many thousands of fishermen lose their lives each year. Once deployed in UK waters McMurdo and the RNLI intend to offer the system to the governments of the major fishing nations, in particular those in Europe, Australasia and North America. McMurdo is an IRIDIUM satellite system manufacturing partner and has worked closely with IRIDIUM to arrive at a life-saving technical solution for the man overboard problem. David Cairnie, Chief Executive of Signature Industries, stated: "MOB Guardian is destined to become one of the most important pieces of safety equipment a UK coastal fisherman will ever purchase. The RNLI’s commitment to the fishermen and the financial support structure established by the RNLI will also be the major ‘lynch-pins’ in the successful deployment of "MOB Guardian” throughout the UK. The RNLI are to be congratulated for their foresight and initiative on "MOB Guardian” and we look forward to a long and successful partnership with the RNLI.” Cairnie continued, "Our agreement with RNLI provides scope for the further development and advancement of the product to address the world markets. We have been working closely with the RNLI on MOB Guardian since we acquired McMurdo in April 2007. This has resulted in a mutual confidence to establish a long-term partnership to address the advancement of the MOB Guardian and other ‘safety of life at sea’ issues. The fishing industry is recognized as the most dangerous occupation in the world and we believe that MOB Guardian will make a substantial contribution towards assisting the safe recovery of the fisherman in difficulty. It is also clear that many work boats and leisure craft around the world would benefit from such a system in a man-overboard event and we have a substantial opportunity to penetrate these markets in the near future.” About MOB Guardian MOB Guardian is firstly a GPS location system that is mounted in the wheelhouse of a fishing boat and sends regular location information via the IRIDIUM satellite system to the RNLI Operations Centre (at Poole, Dorset, England). This enables timely location of a vessel’s expected position in the event of being declared overdue. The system is also designed to identify when a fisherman is "man overboard” (MOB). The fisherman carries a small radio unit on his person when at sea and if he goes overboard, an alarm is activated on board and shortly after a distress signal is activated and transmitted through the IRIDIUM satellite system to the RNLI Operations Centre (at Poole, Dorset, England) with a GPS position of the MOB. There are 230 RNLI lifeboat stations located around the British coastline, providing 24-hour on-call service covering search & rescue requirements up to 100 nautical miles out from the coastline. The RNLI is a charity reliant on donations. The majority of its lifeboat crew are highly trained, well-equipped volunteers. About Digital Angel Corporation Digital Angel Corporation (AMEX:DOC) 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. The company’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 Corporation has entered into an agreement to merge with its parent company Applied Digital Solutions, Inc. (NASDAQ:ADSX). This press release includes forward-looking statements, including but not limited to statements regarding sales expectations and the Company’s business prospects in the United Kingdom. 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.
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