Digital Angel CorporationDelray Beach, FL, United States (NASDAQ (CM): DIGAD)

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Digital Angel Company Description

Digital Angel (formerly known as Applied Digital Solutions) can get under your skin. The company is best known for its VeriChip technology -- computer chips that can be embedded under the skin and read by a remote sensor to check vital signs and diagnose medical problems. Its former VeriChip subsidiary markets the technology for medical use in humans. In mid-2008 VeriChip sold its Xmark Corporation unit (RFID systems) to Stanley Canada, a subsidiary of The Stanley Works, for nearly $48 million in cash. Digital Angel gets about two-thirds of its sales in North America.

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The Company Description provides a historical perspective of Digital Angel's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Digital Angel's evolution in the marketplace.

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