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VANCOUVER, Wash.--(BUSINESS WIRE)--March 28, 2006--Advanced ID Corporation (OTCBB:AIDO) announced today that it is making its DataTRAC(TM), UHF / RFID Livestock - Poultry Traceability product available on an aggressive international basis. The Company is working with leading regulatory and government organizations in the United States and globally. The Company is increasing production capabilities and has negotiated emergency reductions in costs that will be shared with governments, regulatory agencies, industry and farmers.
According to CEO, Dan Finch, "We have undertaken an aggressive initiative to provide DataTRAC(TM), our UHF/RFID product for the identification of poultry. We are working with and have communicated with multiple stakeholders in the United States, China and other countries who are responsible for preparedness of Avian Influenza on a global scale. We are aggressively providing our products to countries and producers to assure better traceability of the poultry that may contain the virus. This application has been proven in a complete poultry trace-back program in Thailand. The ability to quickly trace-back the bird to the point of origin can be most helpful if the virus is discovered in the bird. An optimal program includes farms and locations where the bird may have been in contact with other birds, thus reducing or helping to contain the spread of the virus. We have geared up and invested in additional production, technical support and global communications. With the complete support of our board, we intend on doing whatever is needed to provide DataTRAC(TM) to help support containment of avian influenza."
According to Allen Zhang, Chairman of Carlyle RFID Technologies, Inc., which is a joint venture, partially owned by the Guangdong Province of China, "The program managers in the province are working on a complete poultry identification and trace-back program and have looked at the Thailand program as an effective model. The Thailand program relies heavily on products, database capture capabilities and technology developed by Advanced ID Corp. The test results and data have consistently been outstanding. We expect that the Chinese program will closely emulate the Thailand model." Carlyle RFID Technologies is Advanced ID Corp's distributor in Guangdong Province.
In 2004, after nearly three years of development, Advanced ID Corporation began commercializing its ultra high frequency (UHF) DataTRAC(TM) tags, readers, and trace-back management solutions. Advanced ID Corporation products provide reliable and cost effective solutions for identification and trace-back of livestock throughout the live animal supply chain. The Advanced ID DataTRAC(TM) identification system has been used in bulk supply traceability of poultry in Asia over the past two years. DataTRAC(TM) provides superior performance according to studies and a published report entitled "RFID for Food Animal Identification in North America" by AIM Global, the trade association recognized as the worldwide authority on automatic identification and mobility.
About Advanced ID Corporation: Advanced ID Corporation (OTCBB:AIDO) is a complete solutions provider in the radio frequency identification (RFID) market. RFID provides a means for positive identification and trace-back of objects that have been identified with a Low Frequency (LF) microchip or RFID tag. The Company's subsidiaries are Advanced PET ID, "The Pet Microchip Company", and Advanced ID Asia Engineering Co. Ltd. Since 1994 Advanced ID Corporation has been offering a Low Frequency (LF) product line of over 100 items comprised of RFID microchips, identification scanners, and a proprietary pet recovery database to the companion animal and biological sciences markets. Advanced ID is also a leader in Ultra High Frequency (UHF) RFID technology with its line of DataTRAC(TM) livestock tracking and traceability products, and UHF/RFID automotive tire tag applications.
Certain information and statements included in this release constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. A full discussion of these risk factors can be found in the company's 10K and 10Q filings with the SEC.
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Matto- There you are old buddy! I didn't know if you were still around these parts. Glad to see your still around. Good to see your making some $$$$
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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Hey matto maybe I should buy now..haha I bought a little when you told me not too, then averaged down and its finally making me some money. Thank you,
Posts: 13 | From: CA | Registered: Aug 2005
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ARCA nd NITE are both soaking up shares right here... that is a VERY good sign that they are both buying buying buying according to lvl 2's. We'll see an EOD run in my opinion.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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How possible is it that this news was late enough that a lot of home gamers arent aware yet, and that tomorrow will be the BIG DAY?
Posts: 76 | Registered: Feb 2006
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It's def. true that as more people find out about the news, the more buying you will see. Right now though, you are seeing MMs scare weak hands and grab shares. I am just very very confident we'll see this move up with ARCA and NITE eating shares whole at the .34 and .35 levels. They are just sitting in those lvl 2's and just taking all they can get (ARCA especially). With them buying right there, I think we can feel confident we're building a base.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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Yea, I think if you look at the chart, the up trend is still intact, we'll see green movement tomorrow.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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Good morning everyone, should be a great day for us! More people have heard about the news.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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Whew, that was an intense shake. Rebounding now. Filled the gap to yesterday's open.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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I love the charts, that .27 support level has been there for a while now, and it didn't have any problem sending the stock right back up. Rebounding hard now
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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