Mississauga, ON -- (SBWIRE) -- 09/17/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “More than 1000 Women Now Have VeriTeQ RFID Technology in Their Breast Implants.”
Companies mentioned in this article include VeriTeQ Corporation (OTCQB:VTEQ) and Stanley Black & Decker (NYSE:SWK).
Millions of cars go through recalls because of bad parts. Toys go through recalls because of parts, so do tools and countless other consumer products. In many cases, it’s pretty easy to know if a product you own is up for a recall just by looking at it. After all, if you have a 2007 Cadillac Escalade and, say for example, all Cadillacs made from 2006 to 2008 need to go in for a recall on a part, then you better make your way to the dealership. But, sometimes it’s not so easy to tell. For instance, consider something like the voluntary recall by medical technology company Stryker of its Rejuvenate and ABG II modular-neck stems in July 2012 might be a little harder to discern, although documentation of a surgery should answer any questions. In the same year, President Obama signed into law legislation that requires medical devices to comply with a unique device identification (UDI) system to better monitor implanted, reusable devices (not for the human tracking motives that some conspiracy theorists purport). Permanent implantable devices are not under mandate at this time, although there is a recommendation on the table and some companies are using tracking and identifying technologies on implants.
Delray Beach, Florida-based VeriTeQ Corporation (OTCQB:VTEQ), a provider of implantable medical device identification and radiation dose measurement technologies, is hoping to capitalize on the new legislation and utilization of other tracking methods, specifically with its Radio Frequency Identification (RFID) technology for breast implants, vascular ports, artificial joints and more. Chief Executive Scott Silverman, the former CEO of Digital Angel Corp. and VeriChip Corp., and Randy Geissler founded the then-private company in December 2011. Incidentally, VeriChip, through the acquisition of Xmark Corp., was bought by tool and security company Stanley Works (now known as Stanley Black & Decker (NYSE:SWK)) for $45 million in 2008. In July 2013, Digital Angel (formerly OTC:DIGA), effectively performed a reverse merger, acquiring the shares of VeriTeQ, doing a 1-for-30 reverse split and changing their name and ticker to VeriTeQ and VTEQ.
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