Applied Digital Solutions And Digital Angel™

Applied Digital Solutions

Digital Angel Press Release 3/3/00

The following information concerning another new microchip
technology referred to as the so-called 'Digital Angel™',
was taken from the Applied Digital Solutions web site at
http://www.adsx.com

Applied Digital Solutions Announces $130 Million Proposed
Merger of Its Digital Angel.net Subsidiary With Destron
Fearing Corporation

PALM BEACH, Flordia, March 3, 2000 -- Applied Digital
Solutions, Inc. (NASDAQ:ADSX) today announced that it has
signed a letter of intent to acquire Destron Fearing
Corporation (NASDAQ:DFCO), a leading developer, manufacturer
and marketer of a broad line of electronic and visual
identification devices for companion animals, livestock,
laboratory animals, fish and wildlife.

The $130 million transaction is expected to close by
mid-June, subject to a number of conditions, including the
execution of a definitive acquisition agreement, completion
of due diligence, approval of both companies' boards of
directors and shareholders, and approval of relevant
government agencies.

Under the agreement, Destron Fearing would be merged into
Digital Angel.net Inc., a subsidiary of Applied Digital
Solutions. Destron Fearing's CEO, Randolph K. Geissler,
would become Chairman and CEO of Digital Angel.net Inc.

Commenting on the proposed acquisition, Applied Digital
Solutions' Chairman and CEO, Richard J. Sullivan said,
"Clearly, Destron Fearing is a highly successful and
respected company in the animal monitoring arena. The fact
that it's a leader in electronic monitoring technologies
fits right in with our focus on e-business-to-business
solutions. We're particularly excited about the potential
for embedding Destron Fearing and Digital Angel.net's data
and technologies into the ASP (Application Service Provider)
strategy we announced recently. By leveraging the experience
and knowledge of Destron Fearing's seasoned management
team," Sullivan continued, "we'll strengthen Digital
Angel.net Inc.'s ability to realize the full potential of
the Digital Angel(TM) technology we announced last December.
By pooling the talents and resources of these two teams, we
believe Digital Angel.net Inc., could achieve a market value
in excess of $1 billion in a short period of time."

Destron Fearing's CEO Randolph K. Geissler said, "We're
delighted to be linking up with Applied Digital, and we look
forward to assuming a leadership role at Digital Angel.net
Inc. Our background, skill set and established track record
of success are an excellent fit with Applied Digital's plans
for competing in the tracking and monitoring business. By
becoming a part of Applied Digital Solutions, we're opening
up a whole new realm of opportunities."

Destron Fearing's products range from visual ear tags
attached to livestock, to electronic microchips implanted
under the skin of pets, fish, laboratory animals and
livestock. Ear tags provide visual identification for herd
animals, while microchips provide unalterable, permanent,
radio frequency identification (RFID) for many species.

Background on Digital Angel

In December of 1999, Applied Digital Solutions announced
that it had acquired the patent rights to a miniature
digital transceiver -- which it has named Digital Angel --
implantable within the human body that could be used for a
variety of purposes, such as providing a tamper-proof means
of identification for enhanced e-commerce security, locating
lost or missing individuals, tracking the location of
valuable property and pets, and monitoring the medical
conditions of at-risk patients. The implantable device sends
and receives data and can be continuously tracked by GPS
(Global Positioning Satellite) technology. For more
information about Digital Angel, visit
http://www.digitalangel.net.

About Destron Fearing Corporation

Destron Fearing Corporation has been in the animal
identification business since 1945. For over 50 years,
Destron Fearing has developed, manufactured and marketed a
broad range of individual animal identification products.
The company owns patents worldwide in microchip technology
and is a leader in the world evolution of radio frequency
animal identification. The company's net sales increased in
fiscal 1999 by 47 percent to $18.5 million. Net income
totaled $3.5 million, after an extraordinary item related to
debt restructuring. For more information about Destron
Fearing Corporation, visit the company's website at:
www.destronfearing.com.

About Applied Digital Solutions, Inc.

Applied Digital Solutions, Inc. is an e-business solutions
provider offering Internet, telecom, LAN and software
services to a wide variety of businesses throughout North
America. For more information, visit the Company's web site
at www.adsx.com.