Yes. The EMF chip, when properly positioned and glued to an adapter ring, will perform auto focus confirmation and communicate EXIF lens information (focal length, maximum aperture, and even the aperture setting used)Yes follow the right steps while shooting) on a Canon EOS digital body (I've used them on an XT, 50D, and 5DMkII). The adapter ring and the lens to which it is connected do not really affect this function. The quality / fit of the adapter ring, however, is independent of the chip. The chip is sold separately from the rings, and can be pasted by anyone.
You can also refer to the EMF chip manual.
However, in my experience, AF confirmation is not as useful for pinning focus with a very thin DoF on a fast lens like Canon's "matte precision" focusing displays (if your camera body allows use one), or live view at 10x magnification or maximum focus and Magic Zoom to the Magic Lantern.