( ADSX) shot up after its publicly traded 82%-unit
received a contract to develop a food-security system in Brazil.
Digital Angel will design a system that certifies origin, health status, production and safety of Brazil's cattle targeted for export. The 10-year pact is with Brazil's livestock export certification agency.
The total value of the contract is undefined but Digital Angel said the pact "represents the start of a significant adoption of Digital Angel's technology systems, and we will begin supplying our proprietary products in 2002.''
Recently, Applied Digital was up 59% at $1.73. Digital Angel was up 42% at $5.20.