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Applied DNA Sciences Opens Authentication Laboratory in Yorkshire, UK
Immediately Begins Testing Bank Notes Recovered by UK Police
| Source: Applied DNA Sciences
STONY BROOK, NY--(Marketwire - April 16, 2009) - Applied DNA Sciences, Inc. (OTCBB : APDN ), a
provider of DNA security solutions, announced today that it has opened an
authentication laboratory in Huddersfield, Yorkshire, UK. This laboratory
will produce forensic evidence of originality and product identity, and
will be operated by APDN's subsidiary, Applied DNA Sciences Europe Ltd.
Located at the Textile Centre of Excellence, this new facility will be
utilized to service all of APDN's business, including the immediate goals
of expanding both the SigNature® DNA and BioMaterial GenoTyping®
Textile programs, and providing authentication services for the
Cash-In-Transit industry.
Tony Benson, Risk Director for Loomis UK, stated, "DNA stands strongly on
its own merit as the ultimate reality check. Loomis uses SigNature DNA in
its cash boxes to ensure that when cash is stolen it is stained with the
DNA and that criminals who come into contact with the cash are also stained
with the DNA. This is a significant deterrent to criminals, as they stand a
far greater chance of being convicted if they attempt a robbery against
Loomis."
Loomis chose to use SigNature DNA because it offers far superior qualities
in comparison to other taggants. Loomis won an award for its use of
SigNature DNA from the International Association of Currency Affairs at
their recent conference in Prague for "Best New Product, Process or
Currency System."
DNA is a form of forensic evidence trusted by police and recognized by
international courts around the world. Once it is applied onto any surface,
DNA resists removal. SigNature DNA is distinct from every other taggant in
the market because every mark is unique, cannot be copied, or
re-engineered. SigNature DNA withstands testing at physicochemical
extremes and can be authenticated in a diverse range of substrates.
"SigNature DNA provides Loomis' customers and employees with the 'peace of
mind' they deserve and assists the UK Police in detecting crime and
convicting criminals," commented Tony Benson.
SigNature DNA is combined with "degradation" dyes that leave a visible
stain on currency which is the hallmark used by banks to remove the note
from circulation. Included in the DNA-dye complex are invisible dyes used
by the UK Police to verify DNA-marked notes. SigNature DNA is sprayed onto
currency in ATMs or Cash Transport boxes whenever they are disturbed.
Expansion into the UK will help APDN better serve its growing international
market throughout Europe and support a number of new corporate objectives.
APDN will begin immediately testing recovered bank notes to assist UK
Police in prosecuting apprehended suspects to the fullest extent of the
law.
Bill Macbeth, Managing Director, Textile Centre of Excellence, commented,
"We are very pleased to welcome Applied DNA Sciences to this facility, and
I congratulate the team on successfully growing their business and
reputation in DNA Authentication here in Yorkshire."
Fiona Macleod, the UK Vice Consul Trade and Investment stated, "We are
impressed with the technology that Applied DNA Sciences provides to help
the UK economy, from Cash-In-Transit, right through to ensuring
Made-In-Britain products are genuine. UK Trade and Investment, together
with Yorkshire Forward, welcome Applied DNA Sciences to the UK and look
forward to assisting them with future developments."
About Loomis
Loomis offers products and services that provide complete cash logistics
solutions for financial institutions, retailers and other commercial
enterprises. Loomis is present in twelve European countries and in the USA
and has just over 20,000 employees. Loomis, is a world leading Cash
Handling Organisation and in the UK handles over £150 billion in cash
annually. To learn more, go to www.loomis.com. Loomis is listed on the
NASDAQ OMX Stockholm exchange's MidCap list.
About APDN
APDN sells patented DNA security solutions to protect products, brands and
intellectual
property from counterfeiting and diversion. SigNature DNA is a botanical
mark used to
authenticate products in a unique manner that essentially cannot be copied.
APDN also
provides BioMaterial GenoTyping™ by detecting genomic DNA in natural
materials to
authenticate finished products. Both technologies protect brands and
products in a wide range
of industries and provide a forensic chain of evidence that can be used to
prosecute
perpetrators. To learn more, go to www.adnas.com.
The statements made by APDN may be forward-looking in nature and are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements describe APDN's future
plans, projections, strategies and expectations, and are based on
assumptions and involve a number of risks and uncertainties, many of which
are beyond the control of APDN. Actual results could differ materially from
those projected due to our short operating history, limited financial
resources, limited market acceptance, market competition and various other
factors detailed from time to time in APDN's SEC reports and filings,
including our Annual Report on Form 10-K, filed on December 16, 2008 and
our subsequent quarterly reports on Form 10-Q. APDN undertakes no
obligation to update publicly any forward-looking statements to reflect new
information, events or circumstances after the date hereof to reflect the
occurrence of unanticipated events.