| [May 29, 2004] |
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Malaysia, Philippines and Singapore to Evaluate Advanced ID's RFID Technology
CALGARY, Alberta --(Business Wire)-- May 29, 2004 -- Advanced ID Corporation (OTCBB: AIDO), a pioneer in the radio frequency identification (RFID) market, today announced that it jointly met with Department of Agriculture government officials representing Malaysia and Singapore, and with the Chief Veterinarian for the San Miguel Corporation, the largest food and beverage company in the Philippines, to demonstrate its RFID livestock identification technology and to discuss the parameters for a formal evaluation.
With the continued threat of the Avian Flu epidemic, as well as Mad Cow disease, Foot and Mouth disease, and Encephalitis that hit Malaysia resulting in the loss of human life, government and corporate officials have expressed their desire to establish an identification and trace back system for their cattle and swine industries.
USDA Foreign Agricultural Service reports that there are 12.3 million pigs and 5.6 million cattle in the Philippines with annual turnover of 19.9 million pigs. It is estimated that there are 1.7 million pigs in Malaysia with an annual turnover of 2.5 million.
Seymour Kazimirski, newly appointed Chairman of the Board for Advanced ID Corporation, stated, "The presence of livestock diseases and their potential for transmission to humans through food consumption continues to be of great concern for all countries. Our ongoing efforts in Taiwan and Thailand have resulted in a greater awareness of our technology and the unique benefits it provides. We are excited about the opportunity to introduce our technology to Malaysia, Singapore and the Philippines."
About Advanced ID Corporation
Advanced ID Corporation (AID), through its wholly owned subsidiary, is a pioneer in the radio frequency identification (RFID) market. RFID allows for the positive identification and tracking of animals or objects that have been identified with a microchip. AID markets low frequency RFID microchips, scanners, and its proprietary PETtrac database to the companion animal and biological sciences markets. AID also markets its proprietary ultra high frequency DataTRAC(TM) tags, scanners, and DataTRAC(TM) software solutions to minimize or eliminate the impact of biosecurity and food safety issues related to the livestock industry. For more information, please visit the Company's website at www.advancedidcorp.com.
Safe Harbor Statement:
Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimates as to projections are "forward-looking statements". Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements.
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