Applied DNA Sciences Engages Shemano Group for Investment Advisory Services.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. -- The Shemano Group, a San Francisco-based Institutional Broker/Dealer providing investment banking, has been retained by 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) to furnish investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for APDN's internal and external growth plans, which include strategic alliances or acquisitions with other industry partners, Peter Brocklesby, the company's president, announced today. APDN specializes in proprietary DNA security solutions. Applied DNA Sciences' biotechnology uses microscopic plant DNA codes which are embedded in products and systems to verify authenticity and protect corporations and government agencies from counterfeiting, fraud, piracy, product diversion, identity theft and unauthorized intrusion. "Gary Shemano enjoys the finest of reputations in the highly-competitive arena of international finance," Brocklesby said, "and it is a great privilege for APDN to be associated with his group." "We are in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of a quantum shift in the worldwide distribution of wealth," Shemano commented, "and we believe that APDN's Biological DNA is the ideal solution for global protection of corporate, government, and personal intellectual property." About Shemano Group The Shemano Group, a member of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. , was founded in 1994 by Gary Shemano, a former general partner and managing director of Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. & Co. Other members of the firm bring considerable experience in capital formation, fairness opinions, money management, securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the and financial consulting. To learn more about The Shemano Group, please visit its website at www.shemano.com or call 415-274-3200. About Applied DNA Sciences, Inc. Applied DNA Sciences, Inc. provides proprietary DNA-embedded security solutions, using plant (non-human) DNA, that verify authenticity and protect corporate and government agencies from counterfeiting, fraud, piracy, product diversion, identity theft and unauthorized intrusion. Applied DNA Sciences 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. of Taiwan, whose technology is protected by over 20 international patents. (http://www.biowell.com.tw/eng). Applied DNA Sciences, Inc., 9229 West Sunset Boulevard Los Angeles, CA 90069; Tel: 310-860-1362; Fax: 310-860-1303. www.ADNAS.com. Except for historical information contained herein, the matters set forth in this press release, such as statements relating to the Company's ability to drive technological developments and the acceptance and timing of product introductions, are forward-looking statements that are subject to risks and uncertainties, including timely development and acceptance of new products, the impact of competitive products and pricing, the timely development and release of products by suppliers, and other risks detailed in the Company's Registration Statement filed with the SEC. |
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