VeriChip Corporation to Announce Financial Results for First Quarter 2007 on Thursday, May 3

VeriChip Corporation to Announce Financial Results for First Quarter 2007 on Thursday, May 3

DELRAY BEACH, Fla., April 24 /PRNewswire-FirstCall/ -- VeriChip Corporation (NASDAQ:CHIP), a provider of RFID systems for healthcare and patient-related needs, announced today that it plans to issue its first quarter 2007 financial results for the period ended March 31, 2007, on Thursday, May 3, 2007, at 8:00 a.m. EDT. That same day, the Company will hold a conference call to discuss the results.

The conference call will take place at 9:00 a.m. EDT. Interested participants should call (800) 472-8309 within the United States or (706) 643- 9561 internationally. Please use passcode 7146797.

The playback of the conference will be available two hours after the completion of the call for one week. To listen to the playback, please call (800) 642-1687 within the United States or (706) 645-9291 internationally. Please use passcode 7146797. The call will also be webcast and will be available on the home page of the Company's web site at http://www.verichipcorp.com/.

About VeriChip Corporation

VeriChip Corporation, headquartered in Delray Beach, Florida, develops, markets and sells radio frequency identification, or RFID, systems used to identify, locate and protect people and assets. VeriChip's goal is to become the leading provider of RFID systems for people in the healthcare industry. VeriChip sells passive RFID systems for identification purposes and active RFID systems for local-area location and identification purposes. VeriChip recently began to market its VeriMed(TM) Patient Identification System for rapidly and accurately identifying people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, the implantable VeriChip(TM), cleared for medical use in October 2004 by the United States Food and Drug Administration.

VeriChip Corporation is majority-owned by Applied Digital Inc. (NASDAQ:ADSX), which also owns a majority position in Digital Angel Corporation (AMEX:DOC). For more information on VeriChip, please call 1-800- 970-2447, or email info@verichipcorp.com. Additional information can be found online at http://www.verichipcorp.com/.

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

Contact:
VeriChip Corporation
Allison Tomek
561-805-8000
atomek@adsx.com

The Ruth Group
Nick Laudico (investors)
(646) 536-7030
nlaudico@theruthgroup.com

Jason Rando (media)
(646) 536-7025
jrando@theruthgroup.com

First Call Analyst:
FCMN Contact:

Source: VeriChip Corporation

CONTACT: Allison Tomek of VeriChip Corporation, +1-561-805-8000,
atomek@adsx.com; or Investors, Nick Laudico, +1-646-536-7030,
nlaudico@theruthgroup.com, or Media, Jason Rando, +1-646-536-7025,
jrando@theruthgroup.com, both of The Ruth Group for VeriChip Corporation

Web site:

http://www.verichipcorp.com/

-------
Profile: intent