Calgary, Canada (PRWEB) November 4, 2005
Advanced ID Corporation announced a distribution agreement with Carlyle Group (a registered company in China which is owned 40% by the Chinese government) that calls for mandatory microchip identification of more than 1 Million dogs in Guangdong province. “There are well over 50 Million dogs in China and this distribution partnership is the beginning of providing products, software and know-how through Advanced ID Corporation to meet this large market, we are proud to have been selected as a partner to this most important and evolving market. Our contract terms include supplying over 550,000 Advanced ID Pet Microchips in just the first few years of our distributorship agreement. This program is a good example of our efforts in this most important region,” according to Dan Finch, President & CEO of Advanced ID Corporation.
According to Allen Zhang, a principal of the Guangdong Carlyle RFID Technologies Ltd. (a venture company developed specifically by Carlyle and the government for companion and livestock animal identification efforts). “We are pleased to have Advanced ID Corporation begin the first part of our long-term animal identification strategy in Guangdong and further distribution other regions of China. The value of reuniting lost pets with their families happens every day at the Advanced ID Pet Recovery Network in Canada and we look forward to this occurring here. We studied the marketplace and found that Advanced ID has the largest and most efficient tracking system in the market. This is only the first step in our goal to develop both a companion animal and livestock tracking system for China. Additionally, we understand the value and safety of the most advanced tracking and monitoring of livestock and certainly we look forward to the distribution of the Advanced ID High Frequency Identification (UHF) DataTRAC™ tags, readers for livestock in cattle, and swine.”
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 animals or objects that have been identified with a microchip or RFID tag. The company has realized growth of 62% in the first two quarters of 2005, primarily through the companion animal identification segment; Advanced ID Pet Microchip, the largest provider of companion animal identification in Canada.
Since 1994, Advanced ID Corporation has offered a product line of more than 100 items comprised of low frequency (LF) RFID microchips, identification scanners, and a proprietary pet recovery network database to the companion animal and biological sciences markets. Advanced ID Corporation supplies more than 3,000 organizations such as animal shelters, veterinarians, breeders, government agencies, universities, zoos, research labs and fisheries with LF RFID devices for companion animals, equines, bovines, llamas, alpacas, ostriches, aquatic species, reptiles, migratory and endangered species. Advanced ID Corporation has implanted LF microchips in over 450,000 animals, currently tracks nearly one million animals in a proprietary pet recovery database, and reunites numerous lost pets with their families each month.
Since 2001 Advanced ID Corporation has been developing and commercializing its UHF line of food-animal and wildlife identification products and systems. Advanced ID Corporation continues to be actively involved with government and industry livestock identification and trace-back projects and pilots in Australia, Canada, Brazil, Argentina, Thailand, Taiwan and the United States.
Safe Harbor Statement: Statements in this press release other than statements of historical fact, including statements regarding the company’s plans, beliefs and estimate 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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