Digital Angel (Nasdaq:DIGA), a provider of technology in the field of animal identification and emergency identification solutions, announced on Thursday (19 June) that the company's Destron Fearing unit has been awarded USD885,000 in contracts by Federal government agencies.
Under the contracts, the company will provide its Passive Integrated Transponder (PIT) technology to Bonneville Power Administration (BPA), a federal agency under the US Department of Energy (DOE), the National Marine Fisheries Service, and the US Army Corps of Engineers.
A contract award of USD760,000 is for the initial development phase of a large antenna reader system for the Bonneville Dam, covering a nine-month period beginning 1 July 2008. The contracts for the latter part of the project have not yet been awarded.
The other multiplex reader project award for USD125,000 is for reader systems for river applications.
Destron Fearing will employ PIT technology in conjunction with a Radio Frequency Identification (RFID) antenna to monitor salmon movement in the dam passages in the Columbia and Snake River Basins in the US Pacific Northwest.
Original Source : http://www.tradingmarkets.com/.site/news/Stock%20News/1701033/
