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Applied DNA Sciences, Inc. Announces Development of an Anti-Counterfeit DNA Marker System for the Textile Industry.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--March 5, 2003

Applied DNA DNA: see nucleic acid.
DNA
 or deoxyribonucleic acid

One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes.
 Sciences, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:APDN), a provider of proprietary embedded-DNA biotechnology solutions that protect corporate and government intellectual property from counterfeiting and fraud, announced today that it is developing an application of its patented embedded-DNA authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 technology for the textile industry.

Applied DNA is developing a cost-effective system to "mark" raw textile materials and finished goods. The DNA markers would identify both the country of origin as well as the specific factories where a garment and/or its components were produced. The DNA markers would also protect intellectual property, such as brands, designs, patterns, and trademarked products from counterfeiting and fraud.

Applied DNA's planned textile solution will cost-effectively insert DNA markers during the textile manufacturing process. Applied DNA believes the DNA markers will remain embedded in the fabric or yarn for more than 100 years. It is believed the DNA markers will be able to withstand extremely harsh textile processes including desizing, scouring scouring

characterized by scour.


scouring disease
a colloquial name for secondary nutritional copper deficiency.
, bleaching, mercerizing, etc. The origin of raw textile materials and finished goods can be verified using Applied DNA's proprietary DNA detection methods.

Being able to cost-effectively identify the country of origin of textile components is important to the U.S. Customs Service, which is responsible for enforcing the textile and apparel preference laws in the U.S. Substantial revenues are lost by apparel manufacturers and retailers as a result of illegally counterfeited textile goods. Illegal textile imports have not only caused tens of thousands of U.S. textile workers to lose their jobs, but have resulted in the loss of import tariffs and taxes for government agencies.

"We are extremely enthused about the prospect of introducing a DNA marker system for the textile industry. The development of such a system could play a significant role in the U.S. textile and worldwide anti-counterfeit and anti-fraud markets," said Larry Lee For the football player of the same name see Larry Lee (football player).

Larry Lee was a long time friend of Jimi Hendrix and eventually joined Hendrix's new band Gypsy Sun and Rainbows as rhythm guitar player.
, president of Applied DNA Sciences, Inc. "To date we have announced various applications for our embedded-DNA biotechnology solutions, including a DNA anti-counterfeit chip, the first DNA-tagged label security system utilizing processed DNA with anti-counterfeit ink, and now a textile application. Our DNA solutions have generated enormous interest from international retailers, developers of security solutions, pharmaceutical and textile companies, nuclear industry safety experts, home entertainment providers, and petroleum chemical executives."

About Applied DNA Sciences, Inc.

Applied DNA Sciences, Inc. provides proprietary embedded-DNA biotechnology solutions that verify authenticity and protect corporate and government agencies from counterfeiting, fraud, piracy, product diversion, and unauthorized intrusion. Applied DNA has an exclusive licensing and partnership agreement covering North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and Europe with Biowell Technology, Inc. (http://www.biowell.com.tw/eng/home.htm) of Taiwan. The company develops, markets, and sub-licenses DNA security systems, supply-chain management systems and anti-counterfeit solutions. Applied DNA's technology addresses the more than $350 billion of counterfeit products sold each year as well as the multi-billion dollar homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security

executive department - a federal department in the executive branch of the government of the United States
 market.

The company is headquartered at 9255 W. Sunset Blvd Sunset BLVD is unreleased material and remixes by the rapper 2Pac. It was released on September 12, 2005 internationally and the United States. Track listing
  1. "Slippin' Into Darkness" (featuring The Funky Aztecs)
  2. "A Day In The Life"
., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA 90069; Tel: 310.860.1362; Fax: 310.246.1760 or visit www.ADNAS.com.

The statements made by Applied DNA Sciences, Inc. (the Company) may be forward-looking in nature and are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 describe the Company'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 Applied DNA Sciences, Inc. Actual results could differ materially from those projected due to changes in interest rates, market competition, changes in the local and national economies, and various other factors. The Company 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.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 5, 2003
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