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Applied DNA Sciences' President and CEO Dr. James Hayward to Be Honored as 2009 Entrepreneur of the Year by Long Island Technology Hall of Fame
| Source: Applied DNA Sciences, Inc.
STONY BROOK, NY--(Marketwire - March 2, 2009) - Applied DNA Sciences, Inc. (OTCBB : APDN ),
a provider of DNA security solutions, announced today that Dr. James A.
Hayward, Chairman, President and CEO, is being honored as the 2009
Entrepreneur of the Year by the Long Island Technology Hall of Fame. The
ceremony and reception will be held at the Garden City Hotel on March 4,
2009. Previous inductees to the Hall of Fame include Russell Artzt, Jerome
Swartz (the founder of Symbol Technologies) and James Watson (Nobel prize
Winner).
The Long Island Technology Hall of Fame recognizes, honors and preserves
the contributions, accomplishments, and dedication of historical figures or
current leaders in science or technology who have an impact on society.
Russell M. Artzt, Vice Chairman and Founder, Computer Associates, stated,
"This award is a symbol of achievement for innovative entrepreneurs who
provide inspiration, exemplify excellence and carry out their unique
vision. Through hard work, determination, creativity and resourcefulness,
Jim has proven himself a worthy recipient." Computer Associates is
headquartered in Islandia, Long Island.
Clint Rubin, Ph.D., Director of the Center for Biotechnology at the
University of Stony Brook, stated: "Dr. Hayward is one of New York's best
and brightest business leaders and I am very pleased to see him honored for
his commitment and dedication to serving the Long Island community."
Dr. Hayward has over 20 years of experience in the biotechnology,
pharmaceutical, life science and consumer product industries. He was one of
the founding principals and research director of one of Europe's earliest
biotech companies, Biocompatibles Ltd. From 1984 to 1989, he was
responsible for product development at Esteé Lauder Companies. Between 1990
and July 2004, Dr. Hayward was the Chairman, President and CEO of The
Collaborative Group, Ltd., a provider of products and services to the
biotechnology, pharmaceutical and consumer-product industries based in
Stony Brook, New York. The Collaborative BioAlliance was sold to Dow
Chemicals in 2002, while Collaborative Laboratories was sold to Englehard
(now BASF) in 2004.
"I am very grateful for the recognition and it is especially meaningful
coming from the Long Island community who define the way we apply
technology in innovative ways. The Island's biotech heritage and links
between innovators and universities open the doors for entrepreneurial
development," stated Dr. Hayward.
About APDN
Applied DNA Sciences markets and sells DNA security solutions to protect
products, brands and intellectual property from counterfeiting and
diversion. Its patented technologies sold under SigNature DNA use DNA from
plants to mark and authenticate products in a unique manner that
essentially can not be copied. Applied DNA also provides BioMaterial
GenoTyping™ services by using genomic DNA present in natural materials
to identify the original source of DNA present in finished products. Both
platform technologies protect brands and products in a wide range of
industries and provide a forensic chain of evidence to enable enforcement
agencies to prosecute perpetrators. To learn more, go to www.adnas.com.
APDN's common stock is listed on the Over-The-Counter Bulletin Board under
the symbol "APDN."
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.