June 16, 2006

Digital Angle foresees surge in its RFID tag business

With Canada extending electronic tracking program for cattle, the RFID firms particularly Minnesota's Digital Angel foresees a surge in its RFID tag business. The Canadian government has decided to control and prevent the spread of mad cow disease through electronic tracking.

Kevin McGrath, CEO of the company welcomed the governmental decision stating,

This is a meaningful move by the Canadian government and tremendous news for Digital Angel and our eTag system business.

The extension program will increase the demand for electronic ear tags and scanning systems in months to come as the industry adapts to this evolving technology. Digital Angel has supplied about 265,000 eTag RFID devices to Canadian distributors last fall.

Via: [RFid Blog]

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