Contact Information: INVESTOR CONTACT: Debbie Bailey 631-444-8090 fax: 631-444-8848 MEDIA CONTACT: Janice Meraglia 631-444-6293 fax: 631-444-8848 FCMN Contact: Web site: http://www.adnas.com
Applied DNA Sciences to Present Forensic Power of SigNature DNA Technology at Imperial Capital's Homeland Security Investor Conference
| Source: Applied DNA Sciences, Inc.
STONY BROOK, NY--(Marketwire - October 1, 2009) - Applied DNA Sciences, Inc. (OTCBB : APDN ), a
provider of DNA security solutions, announced that Dr. James A. Hayward,
CEO, has been invited to present at the annual Homeland Security Investor
Conference (HSIC) sponsored by Imperial Capital, LLC on October 21, 2009 in
Washington, D.C. HSIC provides a platform where business leaders,
investors and government representatives meet to explore, acquire, and
develop opportunities that build growth. Dr. Hayward will provide a 30
minute presentation that will be followed by more in-depth one-on-one
meetings with investors, fund managers and other interested parties.
In 2007, the US Department of Homeland Security reported seizure of nearly
$200 million in counterfeit goods of all types with consumer electronics,
computers and hardware and "all other commodities" accounting for 20
percent of that total, and listed China as the source of 80% of all
counterfeit products.
"At HSIC, we will have the opportunity to show how we can outsmart the
counterfeiters with forensic covert systems that cannot be replicated. We
have developed cost effective anti-counterfeiting, forensic systems
specifically designed to help reduce losses and mitigate risk for Homeland
Security approved manufacturers of critical components, including
semiconductors," stated Dr. Hayward.
A US Chamber of Commerce estimate finds that the global market for
counterfeit electronics may be as large as $10 billion. While components
themselves constitute an unknown portion of those totals, their impact can
be magnified when they reach an end user causing everything from the hassle
of replacing a defective cell phone to major liability issues when some
critical mechanism fails.
About Applied DNA Sciences, Inc.
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 where APDN
routinely posts all press releases.
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.