DNA security solutions provider Applied DNA Sciences, Inc. (OTCBB:APDN) reported that it has partnered with the College of Nanoscale Science and Engineering (CNSE) of the University at Albany (New York) to “enable nanotechnology-driven innovations that would play a critical role in preventing the counterfeiting of computer chips — a collaboration in the groundbreaking area of “nanosecurity” that initially targets the $20 billion defense industry chip market Read More

Overseas counterfeiting is a growing threat to a multitude of industries.  Industry leader C.F. Martin & Co. (Martin Guitar) has been proactive for some time in combatting non-Nazareth, PA made guitars bearing their name.  Recently, Martin Guitar added more muscle in their fight to protect against counterfeits through a new relationship with Applied DNA Sciences, Inc. (OTCBB:APDN).  A recent article on Philly.com details the famous guitar maker’s efforts in stating,

With six generations of the Martin family working in Nazareth since 1833, it might be said DNA played a big role in establishing C.F. Martin & Co. as a maker of some of the world’s finest guitars.

Now DNA will help protect that reputation.

In the coming months, family-owned C.F. Martin plans to implant each new instrument with a DNA tag designed to thwart counterfeiters and send a message that the company will not sit idly and watch its brand’s reputation diluted by cheap knockoffs.

A sift through information on Applied DNA Sciences reveals that the DNA marking outfit is broadly expanding its product as solutions against a variety of crimes, including now working with the Department of Defense on tagging microchips to stifle counterfeiting.

Applied DNA Sciences (APDN) Stock Quote and News:

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Long Island, New York-based Gold Coast Bank is taking its security to the next level as the bank is deploying Applied DNA Sciences’ (OTCBB:APDN) SmartDNA™ Sentry 500 Intruder Spray Systems in its East Setauket, Islandia, and Huntington, NY branch locations.

Applied DNA Sciences’ products, including the Smart DNA Sentry 500 Intruder Spray System and its DNA marking and authentication technology to combat cash-in-transit crimes, are already used overseas with solid success.  The cutting-edge technologies are now making their way stateside.  Applied’s DNA marking product has resulted in 33 convictions in areas of the United Kingdom where it’s used.  A jewelry store in Sweden has installed the spray system and is receiving insurance discounts as a result.  The Company also reports strong interest from banks, insurance companies, cargo firms, and other businesses with high value products.

• can be armed by a panic button or incorporated into the bank’s existing alarm system.
• can be deployed in both covert and overt configurations
• emits a burst of DNA solution onto the offenders upon activation which contains a tracer ingredient which can be read on the spot, and a unique plant-derived DNA code, linking the criminals irrefutably to the crime scene.  (The code is submitted to an Applied DNA lab for analysis, and can be used as forensic evidence in a court of law.)

Gold Coast President and CEO Joseph G. Perri stated,

As a local, customer-friendly bank, we want our patrons and employees to feel completely safe at our locations. We feel confident that the SmartDNA system will be a formidable barrier to criminals and places us at the cutting edge of bank security. We have not had a crime problem and we want to keep it that way.

Shares of APDN have risen from $0.055 to $0.007 in the last two days.

Applied DNA Sciences (APDN) Stock Quote and News:

Disclaimer: Neither http://www.otcshowcase.com nor its officers, directors, partners, employees or anyone involved in the publication of the website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. Further, we are not qualified to provide any investment advice and we make no recommendation to purchase or sell any securities. The prior article is published as information only for our readers. otcshowcase.com is a third party publisher of news and research. Our site does not make recommendations, but offers information portals to research news, articles, stock lists and recent research. Nothing on our site should be construed as an offer or solicitation to buy or sell products or securities. This site is sometimes compensated by featured companies, news submissions and online advertising. Viper Enterprises, LLC (parent company of OTC Showcase) has received no compensation for this article from and owns no shares of the aforementioned company(ies). Please read and fully understand our entire disclaimer at http://www.otcshowcase.com/?page_id=190.

Global interest in and use of Applied DNA Sciences’ (OTCBB: APDN) anti-theft and anti-counterfeiting technology continue to grow, as the world economy worsens and criminals make ever bolder attacks on cash-in-transit targets. The company provides DNA-based security and product authentication solutions.

Against robbery and theft, company technology enables marking of cash with a unique form of DNA which, according to APDN’s website, is virtually impossible to wash off and lasts 350 years. When thieves try to pass the cash, or if they’re caught in possession, it can be quickly identified and arrests made.

An armored car robbery in December 2008 quickly resulted in apprehension and a 15-year sentence for English thug Colin McCash when he tried to pass the bills in Lancashire, England. The robbery had also involved gunning down an unarmed armored car guard. It seems logical that Applied DNA Sciences’ technology is having an impact throughout the United Kingdom. 2010 resulted in a massive reduction of 30% in cash-in-transit crimes while losses also dropped by over 30%, largely due to use of the Company’s DNA taggants, with 16 robbers getting an aggregate 120 years in prison, according to APDN.

These types of robberies have historically been more common in the UK than in any other part of the world, with 75% of them occurring there. But a statistical shift may be in progress as many national economies get tougher.

A copyrighted Associated Press story reported in February that the Washington, D.C. bureau of the FBI was continuing to wrestle with a sharp spike in armored car robberies in that city. According to the AP piece, by then there had been a dozen such stickups since March 2010, with arrests in only about a third of the cases.

The city of Houston has also seen armored car stickups on the increase, and more attendant violence. As of August 3, says this story at chron.com, there had been six of these violent felonies this year alone, a figure “equal to all of 2009-2010”. Five of the stickups involved gunfire. As in the Marseilles incident, Loomis trucks were reportedly the targets in four holdups. One of the Houston heists can be seen in this video, with a guard firing shots into the pavement at the escaping thugs‘s vehicle.

With so much financial terrorism on the rise, Applied DNA Sciences’ business just keeps growing. Jewelry stores and famed CF Martin Guitars have adopted APDN marking, as well as Loomis UK, representing about 27% of the UK cash-in-transit market.

Applied DNA Sciences (APDN) Stock Quote and News:

Disclaimer: Neither http://www.otcshowcase.com nor its officers, directors, partners, employees or anyone involved in the publication of the website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. Further, we are not qualified to provide any investment advice and we make no recommendation to purchase or sell any securities. The prior article is published as information only for our readers. otcshowcase.com is a third party publisher of news and research. Our site does not make recommendations, but offers information portals to research news, articles, stock lists and recent research. Nothing on our site should be construed as an offer or solicitation to buy or sell products or securities. This site is sometimes compensated by featured companies, news submissions and online advertising. Viper Enterprises, LLC (parent company of OTC Showcase) has received no compensation for this article from and owns no shares of the aforementioned company(ies). Please read and fully understand our entire disclaimer at http://www.otcshowcase.com/?page_id=190.

This morning, Applied DNA Sciences, Inc. (OTCBB:APDN) disclosed a new long-term supply agreement with asset protection expert 3SI Security Systems.  Applied DNA has already begun supplying DNA markers to 3SI with repeat orders slated to be delivered monthly.  This new agreement continues to add credence to the prowess of Applied DNA’s SigNature DNA product as 3SI is widely respected in both the U.S. and Europe as an industry leader helping shepherd-in forensic markers in the cash protection industry.

SigNature DNA technology can forensically link offenders with an individual crime scene, meaning they cannot deny their involvement. It cannot be removed or replicated and is available in an unlimited number of unique DNA codes, enabling the unequivocal authentication of bank notes and other marked items.

Applied DNA Sciences has already captured a strong market share in the U.K. and this long-term agreement should aid in its technologies continuing to expand their footprint throughout Europe by continuing to assist law enforcement agencies in capturing and prosecuting criminals alleged in Cash Valuables in Transit (CVitT) crimes.  A few statistics demonstrating the effectiveness of Applied DNA Sciences’ SigNature DNA in the U.K.:

• APDN has assisted in convictions totaling 122 years in prison to-date.
• The overall CViT crime rate is down 21% year on year (180 attacks versus 229 for same period in 2010)
• Losses reportedly down 54% year on year and armed CViT robberies are down by 70%.

The Return on Investment (ROI) for existing APDN customers has already proven record-setting within the CViT industry. This marks Applied DNA’s first entry into the marking of ATM’s.

Established in the U.S. in 1970 and in Europe in 1982, 3SI Security Systems manufactures, sells and services asset protection security systems based on ink and smoke staining as well as GPS technology.  Managing Director of 3SI Europe Derek Zuckert commented,

“As a world leader in asset protection systems, 3SI is committed to providing its customers with high performance, technologically advanced products that are affordable. DNA technology has a proven track record in deterring crime and protecting people, and so it is a vital component to the 3SI solution portfolio. It makes criminals think twice before attacking our clients’ assets.”

In a day when the Dow Jones is again down heavily, shares of APDN are trading at a premium to yesterday’s close; up 11.11% when less than two hours to the closing bell.

Applied DNA Sciences, Inc. (APDN) Stock Quote and News:

Disclaimer: Neither http://www.otcshowcase.com nor its officers, directors, partners, employees or anyone involved in the publication of the website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. Further, we are not qualified to provide any investment advice and we make no recommendation to purchase or sell any securities. The prior article is published as information only for our readers. otcshowcase.com is a third party publisher of news and research. Our site does not make recommendations, but offers information portals to research news, articles, stock lists and recent research. Nothing on our site should be construed as an offer or solicitation to buy or sell products or securities. This site is sometimes compensated by featured companies, news submissions and online advertising. Viper Enterprises, LLC (parent company of OTC Showcase) has received no compensation for this article from and owns no shares of the aforementioned company(ies). Please read and fully understand our entire disclaimer at http://www.otcshowcase.com/?page_id=190.

Applied DNA Sciences, Inc. (OTCBB:APDN) announced this morning that it has partner with world-renown, billion-dollar company Nissha Printing (7915:JP) to provide the world with a unique, highly secure printing system using botanically-derived DNA authenticating markers. The system will soon be launched first in Japan.  Read the full press release and get an APDN stock quote.

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FULL PRESS RELEASE – Applied DNA Sciences Successfully Marks Mission-Critical Microchips for the Department of Defense – Stellar Results Lead to Immediate Marking Program With Defense Logistics Agency

Following up on a recent article on Applied DNA Sciences and their solution for fraud in the microchip industry, we ran across this article written by Mike Sweeney at ProActive Newsroom:

I first met CEO Jim Hayward roughly two years ago, and we talked about Applied DNA needing to secure a significant contract to give the company credibility in the public markets. APDN announced in a previous press release that it began marking microchips for a “government agency” which they did not name and the amount was not announced. Today, Applied DNA (OTCBB: APDN) announced the formal contract of $1.0 million with the Department of Defense to:

“fully engage one of the government’s microchip supply chains. APDN has “completed a program to DNA mark microchips for the Defense Logistics Agency of the U.S. Department of Defense.”

What is really interesting about this contract is it leads Applied DNA to BOTH government markets and private industry markets:

“By including the various supply chain participants, APDN can partner with government and industry to build a forensically secure supply chain from the source to the end-user. APDN believes that the project could be a significant first step for the company toward a major role in supply chain defense with government, and in business-to-business relationships with Original Chip Manufacturers, distributors, and the manufacturers of printed circuit boards and finished electronic goods.”

In the “Results tell the story” section of the press release, APDN once again did NOT name the manufacturer but were very specific when it stated:

“An Original Chip Manufacturer marked 100% of its production for a period of two months. The microchips themselves were scanned at the Original Chip Manufacturer facility, the DNA-marked outer packaging was scanned at a Distributor. In a blind sampling, where both marked and unmarked chips were sampled, forensic analysis confirmed the authenticity of products DNA-marked as genuine.”

Results included:

• 100% distinction was made between DNA-marked and unmarked product and packaging
• 100% forensic authentication of DNA-marked product and packaging
• No change was necessary to the production process
• No adverse impact to mark-permanency quality assurance test results at the Original Chip Manufacturer
• Marks were rapidly scanned without difficulty at both the Original Chip Manufacturer and the distributor
• Marking was entirely non-destructive, as planned
• Pricing efficiency is attained even with modest volume levels, allowing for an Original Chip Manufacturer to mark entire production runs with minimal costs, yet securing maximum protection.

Applied DNA Sciences, Inc. (APDN) Stock Quote and News:

Disclaimer: Neither www.otcshowcase.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. Further, we are not qualified to provide any investment advice and we make no recommendation to purchase or sell any securities. The following news is published as information only for our readers. otcshowcase.com is a third party publisher of news and research .Our site does not make recommendations, but offers information portals to research news, articles, stock lists and recent research. Nothing on our site should be construed as an offer or solicitation to buy or sell products or securities. This site is sometimes compensated by featured companies, news submissions and online advertising. Please read and fully understand our entire disclaimer at http://www.otcshowcase.com/?page_id=190.

Increasingly, a major suspect in the failure of electronic systems – in everything from PCs to high-performance military aircraft – is turning out to be used, fake microprocessors, or ‘chips.’ The worry that the flow of these fakes may have contaminated as much as 15% of the supply chain has lately sparked U.S. lawmaker requests for a GAO (General Accounting Office) investigation (while an ongoing investigation by the Senate Armed Services Committee is also happening) and forced chipmakers and regulators to look more closely at the preventative DNA technology of companies like Applied DNA Sciences, Inc. (OTCBB: APDN).  In fact, as announced by Applied DNA Sciences, the Company  and “an agency of the U.S. government have launched a pilot program to show the logistic facility of DNA marking to block counterfeit microchips in mission-critical government supply chains.”

The fake chip business normally doesn’t even make its own chips. Instead, it harvests used chips from discarded computers and other electronics, sands off serial numbers and manufacturing dates, then ‘blacktops’ a fresh black coating onto the surface and prints fake data onto that. Voila!- a ‘brand new’ chip that only looks like it meets the buyer’s requirements.

Of course, the chip then fails and bad things can happen. GPS systems can pinpoint the wrong target, a laptop suddenly quits, a medical ICU device stops working, or any of a host of other problems arise.

Worse, the counterfeits may often appear at first to actually work. But to remove them from their original motherboards, according to a Business Week investigative video, harvesters have to expose them to open flames in places like Shenzhen, China, melting away surrounding plastic and solder. Such heat may or may not render the chip totally inoperable, but it certainly doesn’t make it any better than it was. The Business Week investigation also disclosed that the bogus chips are often marked ‘military grade,’ a special category capable of operating at extreme temperature and in strong electromagnetic fields, then sold to the U.S. military for use in weapons and navigation systems.

There’s also the risk that the chips may actually be modified to include ‘back door’ programming to enable covert espionage by foreign governments. Routers are of particular concern in this regard.

The threat of outright sabotage using counterfeit chips, a form of cyberwarfare, has in recent months grabbed the attention of government security agencies.  Melissa Hathaway, Cyber security chief for the Office of the Director of National Intelligence, told Business Week, “Counterfeit products have been linked to the crash of mission-critical networks, and may also contain hidden ‘back doors’ enabling network security to be bypassed and sensitive data accessed” by unauthorized parties.

However manufactured and whatever the purpose, the fake chip business is booming with existing defensive measures, largely visual identification, too often foiled by the sheer volume of fakes and their growing sophistication.  No adequate solutions presently incorporated to halt the practice.  The U.S. Chamber of Commerce estimate finds that the global market for counterfeit electronics may be as large as $10 billion.  As of late last year, DARPA (Defense Advanced Research Projects Agency) was still seeking proposals for ways to identify the counterfeits, an effort which began in 2007. Applied DNA Sciences has since stepped up to that challenge with its patented DNA technology.

Using botanical DNA, Applied DNA Sciences marks electronic components in a proprietary system described on its website as ‘SigNature® DNA.’ The plant DNA can be embedded in metal coatings, varnishes, adhesives, and a wide variety of visible and invisible inks.

The technology is a boon to the military, chip manufacturers and producers of other goods, providing durable courtroom evidence against counterfeiters and catching fake parts before they can become operational in a military setting.

Applied DNA Sciences, Inc. (APDN) Stock Quote and News:

Cash in Transit Expert Benson Ready to Help Leverage Applied DNA Sciences Security and Cash Protection Program Successes

Tony Benson is a well known crime fighter, and he was instrumental in implementing Applied’s Signature DNA cash-marking in the UK for Loomis. In 2010 alone, Benson’s work resulted in 22 convictions of cash thieves in the U.K. One robbery in particular involved the shooting of a Loomis guard (in the UK, guards cannot be armed, so they are very vulnerable).

Mr. Benson has joined Applied DNA Sciences, Inc. (OTCBB: APDN; Twitter: $APDN) as a Director of Risk and Security for the company. Most recently at Loomis UK, Benson has consistently brought fresh ideas, rigorous strategic thinking and leadership to the UK environment which experiences approximately 77% of all the Cash and Valuables in Transit (CViT) robberies worldwide.

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, and provide a forensic chain of evidence that can be used to prosecute perpetrators. Benson will take full advantage of APDN’s product offerings and his personal track record of using advanced technologies in CViT is well known.

In 1990, Benson was instrumental in the deployment of biometric access control systems and groundbreaking computer software on armored trucks, which was a great success and is still used today in many armored CViT vehicles. His career has included:

• Securitas in 2001, which at that time was the largest security company in the world. When the cash-handling arm of Securitas became a separate company known as Loomis UK Ltd, Benson was designated Risk Director.
• From 2004 to 2010, Benson represented the UK British Standards Institute on the development of standards for cash degradation systems, such as cash strongboxes.
• In 2006, he was appointed Chair of the British Security Industry Association (BSIA) for the Security Committee.

Benson has researched and deployed an array of technologies including APDN’s Signature® DNA cash-marking system, and he has led the industry in a revamp of major risk points. The counter-assault, by 2010 resulted in a massive reduction of 30% in those crimes while losses also dropped by over 30%.

DNA in CViT, Risk Management and Security

Applied DNA has a range of products and solutions that significantly reduce the risk to this cash supply for all stakeholders including insurance companies. Deterrence and the ability to create a forensic evidence trail through the use of SigNature® DNA, DNANetTM, Smart DNATM, and CashieldTM Ink represent ground breaking technology and new tools for this industry to fight crime.

APDN now has a proven track record within the CViT industry. With over 22 convictions to its credit, APDN has a 100% conviction record for captured criminals who have stolen cash from its security licensees within the UK. The result, the deterrence provided by APDN, yielded a significant drop in attacks and eliminated cash losses more than one hundred times the cost of annual licensing. In addition, APDN has received several Police awards from UK Police Forces that are currently using these products on a daily basis to protect and serve their communities.

Applied DNA Sciences (APDN) Stock Quote and News:

Applied DNA Sciences, Inc. (OTCBB:APDN, Twitter: $APDN) announced today that it has penned an agreement with RedWeb Technologies giving Applied DNA Sciences exclusive North American rights to distribute the RedWeb’s Sentry 500 Intruder Spray Systems embedded with Applied’s SigNature DNA.  The system is seeing great success in multiple uses in Sweden currently which leads the Applied DNA management to believe that the untapped market potential in North America is large.  The application as a solution for jewelry stores alone represents a market in excess of $30 million for initial installation with the potential for renewal fees every 18 months.

Benefits of the system include:

• Fitting multiple spray heads at entry points which emit a burst of DNA solution onto offenders containing a rapid-release tracer and unique DNA code which irrefutably links criminals to the crime scene.
• Activation of spray through panic button and/or linkage to existing intruder alarm system.
• Acting as a theft deterrent as the DNA fear factor amongst criminals is high.
• Serving as an unparalleled tool in recovery of stolen goods.
• Unlimited potential user applications such as retail outlets, schools, jewelers, gas stations, even major International banks to name a few.

How it works:

Once sprayed, traces of the DNA solution can be taken from the skin, hair and clothing of offenders, and sent to Applied DNA Sciences for forensic analysis to prove that the offender has broken into a particular premises. Although invisible and harmless, the SmartDNA marker will remain on an offender for weeks — clinging to fibers and sitting in creases of the skin.

A video for further description of the RedWeb Sentry 500 Intruder Spray System:

Chris Smith, Group Sales Director of RedWeb Technologies, commented,

“SmartDNA both deters thieves breaking in to properties and assists in the recovery of stolen goods so that they can be returned to their rightful owners. The system is easy to use and inexpensive compared to the possible cost of a robbery. Our Spray Systems are being used throughout Europe with great success and we are excited to have our products, combined with SigNature DNA, distributed by APDN in North America.”

Applied DNA Sciences (APDN) Stock Quote and News: