Applied DNA Sciences Signs Thomas Greg & Sons as Second Partner in Its Security Printing Pilot Program.Business Editors/Health/Medical Writers LOS ANGELES--(BUSINESS WIRE)--March 23, 2004 -- Program Tests Methods of Integrating the DNA-Embedded Marker Technology into the Manufacturing of Bankcards, Currencies, Securities and Other Sensitive Documents -- 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.OB), a provider of proprietary DNA-embedded security solutions that protect corporate and intellectual property from counterfeiting and fraud, has signed a joint development agreement with Thomas Greg & Sons, one of the largest global leader in transportation, management and printing of valuables, to participate in the Applied DNA Sciences currency and security printing pilot program. Thomas Greg & Sons, for more than four decades since the company was founded as a subsidiary of Thomas De La Rue Thomas De La Rue (24 March 1793 - 7 June 1866) was a printer from Guernsey who, from modest beginnings, founded a printing company which is now, 200 years later, the world's largest commercial security printer and papermaker. , is one of the oldest printers of securities in the world, offering security products and services to banks, industry, governments, and business. The product line includes currency, lotteries, raffles and games of chance, tax stamps, gift certificates, show and transportation tickets, letters of credit, property titles and share certificates, transportation passes, diplomas and graduation records. The company produces bank cards under licenses from Visa and Master Card and chip-based smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. and prepaid calling cards. It has developed security features for government events such as elections, academic examinations and the national census. "By partnering with Applied DNA Sciences, we ensure that we stay on the cutting edge of security technology, said Fernando Bautista, vice president of Thomas Greg & Sons. "We look forward to a successful program that will set new standards in combating counterfeiting and fraud." Rob Hutchison Rob Hutchison is a Canadian politician and a candidate for Kingston City Council in the 2006 Ontario municipal elections. He campaigned for the New Democratic Party in the 2004 and 2006 federal elections. He was 56 years old in 2006. , chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Applied DNA Sciences, said, "Thomas Greg & Sons is an exceptional participant in our Security Printing Pilot Program. Its global presence and expertise in security printing technologies will forge this program ahead." "We expect to show revenues from this program as early as the third quarter of 2004," he added. The companies will explore the potential for integrating Applied DNA's technology into additives or coatings for use in paper, film, and printing products that require technology with the highest barrier of security. Applied DNA Sciences' DNA-embedded technology can be applied in specific media such as ink, paint, glue, polymers, and labels and incorporated into microchips. The characteristics of the DNA can be read to identify, tag and distinguish genuine products from counterfeits. The program will focus on identifying the best placement, within the security and monetary printing and manufacturing process, to embed the Applied DNA Sciences' Marker Technology. Applied DNA Sciences provides cost-effective, commercially available, DNA-embedded marker technologies that can be tailored to numerous applications and industries. The integration of the DNA-embedded marker into federal documents would allow government agencies to authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. the product by "marking" the raw materials or integrating the DNA Marker within the coating of the finished goods. The embedded DNA concentration is extremely small and is virtually impossible to be tampered with or replicated due to the proprietary stabilization and bonding processes. The company's proprietary technique of stabilizing the DNA sequence DNA sequence Genetics The precise order of bases–A,T,G,C–in a segment of DNA, gene, chromosome, or an entire genome. See Base pair, Base sequence analysis, Chromosome, Gene, Genome. can retain the DNA identification qualities for more than 100 years. About Thomas Greg & Sons Thomas Greg & Sons has dedicated more than four decades to offering security products and services to banks, industry, governments, and business. It has always had a commitment to quality, based on professionalism, efficiency, and excellence, which has allowed it to become a leader in our markets and to expand its activities. In terms of its leadership in the printing of securities and security documents, it is known for offering products of the highest quality with the application of complex techniques against forgery and for being at the vanguard of new financial and business products. The companies that incorporate Thomas Greg & Sons family of companies are Thomas Greg & Sons de Colombia S.A., Thomas Greg & Sons do Brasil LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability , Thomas Greg & Sons de Venezuela S.A., Thomas Greg & Sons de Peru S.A., Midwest Banknote USA, Thomas Greg & Sons de Venezuela C.A., E.M.A.., Grupo Calidata Thomas Greg & Sons S.A de C.V Mexico, Label Solutions Monterrey Mexico, Lerchundi Documentos de Seguridad, S.I. Spain and Best Forms Incorporated Philippines. For more information, please visit www.thomasgreg.com. About Applied DNA Technology Applied DNA Sciences, Inc. provides proprietary DNA-embedded biotechnology security solutions, using non-human DNA, that verify authenticity and protect corporate and government agencies from counterfeiting, fraud, piracy, product diversion, identity theft and unauthorized access. 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. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe and the Middle East with Biowell Technology, Inc. (http://www.biowell.com.tw/eng) of Taiwan. The company develops markets, and sub-licenses DNA security systems, supply-chain management systems and anti-counterfeit solutions. Applied DNA Sciences' 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 9229 West Sunset Boulevard Sunset Boulevard is a street in the western part of Los Angeles County, California, that stretches from Figueroa Street in downtown Los Angeles to the Pacific Coast Highway at the Pacific Ocean in the Pacific Palisades. 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: 310.860.1303 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 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion