- Digital Angel Corp. said Friday it has won a $600,000
contract from the Portuguese Ministry of Agriculture to launch a mandatory
dog-identification program using implantable radio-frequency identification
microchips. Shipments have begun, with completion scheduled for the third
quarter this year.
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- The Portuguese dog-identification program is being conducted
simultaneously with the country's annual rabies vaccination drive. The
deadline for Portuguese residents to tag the approximate 2 million dogs
is 2007.
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- Portugal isn't alone in its quest to tag domestic animals.
The European Parliament and the Council of the European Union passed an
initiative to mandate identification for dogs, cats, and ferrets traveling
into and between EU member countries. According to Digital Angel, after
an eight-year transitional period only an electronic ID system will be
acceptable under these regulations. It's part of a new passport directive
for domestic pets. As of Oct. 1, pets will require a passport bearing the
animal's microchip or tattoo number as well as records of vaccinations,
tick treatments, clinical examinations, and other data.
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- Digital Angel has managed to find its niche in implantable
microchip even though earnings slid in the first quarter ended March 31.
The company reported on May 3 that first-quarter earnings were $11.1 million,
down slightly from $11.4 million in the year-ago quarter. Profits slid
as well, to $4.5 million for the first quarter of 2004, from 5.3 million,
respectively
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- Portugal's animal-tracking project is being implemented
with assistance from Merial, a Merck and Aventis animal-health care company.
Digital Angel, a majority-owned Applied Digital Solutions company, is focused
on animal-tracking systems for domestic pets and livestock such as cattle
and sheep.
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