BNET Industries

VeriChip

(CHIP) is in the Technology Industry

Market Cap:$6.8M
Last Fiscal Year Sales:$32.1M
  • Public
  • US
Dow Jones Description

VeriChip Corporation, headquartered in Delray Beach, Florida, develops, markets and sells RFID systems used to identify, locate and protect people and assets. VeriChip's goal is to become the leading provider of RFID systems for people in the healthcare industry. The Company recently began marketing its VeriMed Patient Identification System, a passive RFID system for rapidly and accurately identifying people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, the implantable VeriChip, cleared for medical use in October 2004 by the United States Food and Drug Administration.

Chief Executive OfficerScott R. Silverman
Number of Employees 152
Contact Information

1690 South Congress Avenue

Suite 200

Delray Beach, Florida 33445

www.verichipcor...

(561) 805-8008

NAICS Code Other Communications Equipment Manufacturing: 334290

Recent Events

  • New Products: June 2009

    6/05/09 - Product Announcement - View Story

  • Deal could yield detector for flu

    5/23/09 - Licensing / Contract - View Story

  • VeriChip signs $3M deal to develop smaller chip

    3/18/09 - Joint Venture / Alliance - View Story

  • VeriChip Forms New Subsidiary to Focus and Invest in Clean and Alternative Energy Sector

    3/16/09 - New Investment - View Story

News & Analysis

verichip - All News and Analysis

Decision Makers

Name (plus bio) Position
Scott R. Silverman Chief Executive Officer
Daniel A. Gunther President
William J. Caragol Chief Financial Officer
Malik Talib Executive Vice President
Alan Foster Senior Vice President, Operations

Board of Directors

Name (plus bio) Position
Constance K. Weaver Board of Directors
Daniel E. Penni Board of Directors
Kevin H. McLaughlin Board of Directors
Paul C. Green Board of Directors
Organization Position Status
Applied Digital Solutions, Inc. Chairman & CEO Current
VeriChip Corporation Chief Executive Officer Current
Digital Angel Corporation Chairman and Chief Executive Officer of Verichip Current
Applied Digital Solutions, Inc. Board of Directors Current
Digital Angel Corporation Board of Directors Current
VeriChip Corporation Member Former
Infotech USA, Inc. Chairman Former
VeriChip Corporation Board of Directors Former
Villanova University School of Law Former

Dan Gunther was appointed President in June 2005. From 1987 until that time, Dan held a series of senior management positions at Instantel in operations, product management, manufacturing, quality, sales and finance. In 1993, he was appointed Instantel's Chief Financial Officer, in 2001 he was appointed its Chief Operating Officer and in 2003 he was appointed its President and Chief Executive Officer. In addition to these responsibilities, he was a member of Instantel's Board of Directors from April 2003 to June 2005.

Organization Position Status
Xmark CEO Former
Instantel Inc. Member Former
Instantel Inc. CEO Former

William J. Caragol was appointed Chief Financial Officer in August 2006. Prior to that time, he served as the CFO of GTI, a subsidiary of Applied Digital in the Washington, D.C. area. In the four years before joining GTI, Bill worked with various technology companies, serving as the CFO and VP of Business Development for Millivision Technologies and the CFO for Mantra Communications. He also assisted many service and software organizations developing business plans and structuring strategic relationships and financings. From 1989 to 2000, Bill spent eight years with Deloitte & Touche as a Senior Manager and three years as the CFO for Condor Technology Solutions. He is a member of the American Institute of Certified Public Accountants and previously served as a board member on the Investment Advisory Board for Virginia's Center for Innovative Technology. Bill graduated from the Washington & Lee University with a Bachelor of Science in Administration and Accounting.

Organization Position Status
VeriChip Corporation Chief Financial Officer Current
American Institute of Certified Public Accountants Member Current
GTI Inc. Cfo Former
Washington and Lee University Bachelor of Science In Administration and Accounting. Former
Organization Position Status
VeriChip Corporation Executive Vice President Current
Organization Position Status
VeriChip Corporation Senior Vice President, Operations Current

Connie Weaver joined The Hartford on February 25, 2008, as senior vice president, marketing and communications, reporting to the CEO Ramani Ayer. She also serves as a member of the Office of the Chairman. In her role, Weaver oversees marketing and communications for the company. Her areas of focus include the company’s brand management and advertising, media and community relations and executive and employee communications. Weaver comes to The Hartford with an impressive record of achievement in marketing, investor and media relations, communications, teaching, and brand management experience for such high-profile companies as AT&T, Microsoft, MCI and McGraw-Hill. Most recently, Weaver served as executive vice president and chief marketing officer at BearingPoint, a global management and technology consulting firm. Throughout her career, she has consistently earned industry recognition, including BtoB Magazine's Who's Who list of Top Marketers in 2004, 2006 and 2007, and the Business Marketing Association's Communicator of the Year Award for her efforts at AT&T, as well as various awards in the field of investor relations. She is widely published in the area of communications and investor relations. Weaver serves on the board of Digital Angel Inc. and The Bushnell Center for the Performing Arts and is active in several professional, national and community-based organizations. Weaver holds a B.S. from the University of Maryland and has completed post-graduate financial management, marketing and strategic planning courses at The Wharton School of the University of Pennsylvania, Columbia University, and Imede (Switzerland). She has also completed the executive finance program at Stanford University.

Organization Position Status
The Hartford Financial Services Group, Inc. Senior Vice President, Marketing & Communications Current
Digital Angel Corporation Board of Directors Current
Applied Digital Solutions, Inc. Board of Directors Current
VeriChip Corporation Board of Directors Current
Philips Solid-State Lighting Solutions Board of Directors Current
BearingPoint, Inc. Executive Vice President & Chief Marketing Officer Former
AT&T Inc. Executive Vice President, Public Relations & Brand Management Former
The McGraw-Hill Companies, Inc. Executive Director Former
MCI Inc. Investor Relations and Financial Communications Former
Microsoft Corporation Investor Relations and Financial Communications Former
University of Maryland B.S. Former
Organization Position Status
Applied Digital Solutions, Inc. Board of Directors Current
VeriChip Corporation Board of Directors Current
Organization Position Status
VeriChip Corporation Board of Directors Current
VeriChip Corporation CEO Former
Organization Position Status
VeriChip Corporation Board of Directors Current

Executive News

  • The Hartford Launches Redesigned Web Site

    Business Wire - 6/11/09 - View Story

  • The Hartford Hosts Dedication Ceremony For Wallace Stevens Walk

    Reuters - 6/10/09 - View Story

  • The Hartford Hosts Dedication Ceremony For Wallace Stevens Walk

    Business Wire - 6/10/09 - View Story

  • Steel Vault Completes $500,000 Convertible Debt Financing With Support From Companys Management Team

    Business Wire - 6/05/09 - View Story

  • New Products: June 2009

    HealthCareIT News - 6/05/09 - View Story

  • Nasdaq Grants VeriChip Corporation's Request to Remain Listed on The Nasdaq Stock Market and to...

    Forbes.com - 5/29/09 - View Story

  • Nasdaq Grants VeriChip Corporations Request to Remain Listed on The Nasdaq Stock Market and to Transfer to The Nasdaq Capital Market

    Business Wire - 5/29/09 - View Story

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     CHIP $0.50 +0.06 (13.64% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 18,227
Shares Outstanding 13.76M
Market Cap 6.9M
Year High 2.45
Year Low 0.24
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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