Showing posts with label technology. Show all posts
Showing posts with label technology. Show all posts

Wednesday, December 10, 2014

Applied DNA Sciences Signs with Fourth Federal Agency

High-technology designed to detect counterfeiting at
every level--the future is here today!

STONY BROOK, NY, December 4, 2014. Applied DNA Sciences, Inc. (NASDAQ: APDN), (Twitter: @APDN), a provider of DNA-based anti-counterfeiting technology and product authentication solutions, announced today that it has signed an agreement for use of its SigNature® DNA anti-counterfeiting technology with a government agency. The initial agreement is valued at upwards of $250,000.

The agency would be the fourth government agency to sign with APDN. The company already has long-standing relationships with the Defense Logistics Agency (DLA), the Missile Defense Agency (MDA), and the Office of the Secretary of Defense (OSD). DLA is engaged in a commercial supply contract, while both the MDA and the OSD have signed two-year development contracts aimed at demonstrating capacity to greatly expand the use of the company's technology.

"Our platform is flexible, unique, and functions with the security and scale that government agencies need," said Janice Meraglia, Vice President of Government and Military Programs for APDN. "We believe we will continue to attract government interest, and are honored to add value to military and other agencies," she added.

Dr. James A. Hayward, President and CEO of APDN stated: "The nature of our work is to provide assurance and security to governments, industries and consumers. SigNature DNA has the power to do so with amazing versatility and strength, more than any other technology available."

About Applied DNA Sciences
APDN is a provider of botanical-DNA based security and authentication solutions and services that can help protect products, brands, entire supply chains, and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. SigNature® DNA describes the uncopyable marker that is at the heart of all of our security and authentication solutions. SigNature DNA is at the core of a family of products such as DNAnet®, our anti-theft product, SigNature® T, targeted toward textiles, and digitalDNA®, providing powerful track and trace. All provide a forensic chain of evidence and can be used to prosecute perpetrators.