N🟁N

Destron Fearing Signs Contract Extension with Intervet/Schering-Plough Animal Health

  //science-technology.news-articles.net/content/2 .. with-intervet-schering-plough-animal-health.html
  Published in Science and Technology on Monday, December 20th 2010 at 6:05 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

SO. ST. PAUL, Minn.--([ BUSINESS WIRE ])--Digital Angel (OTCBB:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that its Destron Fearing unit has signed a contract extension with Intervet/Schering-Plough Animal Health, to provide syringe and RFID microchip systems and readers. While the terms of the contract were not disclosed, the extended agreement runs through December 31, 2011. Intervet/Schering-Plough Animal Health markets Destron Fearinga™s companion pet products under the HomeAgain® brand.

Joseph J. Grillo, Chief Executive Officer of Digital Angel, said: aIntervet/Schering-Plough Animal Health has been a strong partner of Destron Fearing since 1994. We are pleased to announce an extension to our agreement. Digital Angel has provided Intervet/Schering-Plough Animal Health with products for its HomeAgain pet recovery system, which has recovered over 600,000 lost pets during that time. We look forward to continuing this great partnership.a

About Destron Fearing and Digital Angel

Destron Fearing is a subsidiary of Digital Angel (OTCBB: DIGA), an advanced technology company in the field of animal identification and emergency identification solutions. Digital Angel's products are utilized around the world in such applications as pet identification, using its patented, FDA-approved implantable microchip; livestock identification and herd management using visual and radio frequency identification (RFID) ear tags; and global positioning systems (GPS) search and rescue beacons for army, navy and air force applications worldwide. For further information please visit [ www.destronfearing.com ] and [ www.digitalangel.com ].

Safe Harbor Statement

This press release contains certain "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements included in this press release include, without limitation, those concerning expectations regarding the expected benefits of the technology and impact of the new orders on the Company's financial results. These forward-looking statements are based on the Company's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions. Additional information about these and other factors that could affect the Company's businesses is set forth in the Company's Form 10-K under the caption "Risk Factors" filed with the Securities and Exchange Commission ("SEC") on April 1, 2010, and subsequent filings with the SEC. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.