BioDNA Technology Selects Applied DNA Sciences, Inc. and Biowell Technology Inc. to Develop Anti-Counterfeiting Technology For Malaysia.Business Editors/Health/Medical Writers LOS ANGELES--(BUSINESS WIRE)--Dec. 10, 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) Malaysian Government Initiative Will Help Curb Piracy and Counterfeiting by Jointly Developing DNA-Embedded Anti-Counterfeiting Technologies Applied DNA Sciences, Inc. (OTCBB: APDN) and the company's Asian partner, Biowell Technology, Inc., providers of proprietary DNA-embedded security applications, today announced a joint collaboration with Malaysian-based biotechnology company, BioDNA Technology. After recent meetings with the Chief Minister of Malacca, YAB YAB Yet Another Binder (computer program/trojan) YAB Young Americans Bank YAB Youth Association for the Blind YAB Yokota Air Base, Japan (USAF) YAB Yahoo Address Book Datuk Seri Mohd, Ali Bin Mohd, Rustam, and BioDNA Technology, Applied DNA Sciences and Biowell were selected to develop DNA-embedded anti-counterfeiting solutions for deployment in Malaysia. BioDNA Technology has signed a memo of understanding (MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ) with the Malacca state government to develop anti-counterfeiting biotechnology and applications. Chief Minister of Malacca Datuk Seri Mohd, Ali Bin Mohd, Rustam said, "It is a top priority for the new administration, and we will take an active role in helping build the infrastructure necessary for better security. Our state government will commit resources to help combat the global problem of counterfeiting." Applied DNA Sciences and Biowell will work with BioDNA to develop DNA-embedded security solutions that will specifically meet the needs of the Malaysian government. The new applications will be based on the companies' proprietary biotechnology that provides the ability to embed or apply combinations of DNA to products and applications. The technology is virtually impossible for counterfeiters to replicate. Applied DNA Sciences and Biowell will also jointly provide service, training and technical support for these new solutions to BioDNA Technology. Chairman Borhann Mohamed of BioDNA Technology commented, "We are pleased that Applied DNA Sciences is going to play an important role in helping us develop anti-counterfeiting solutions. We are confident that their DNA-embedded technology will be an essential tool used by our government to fulfill its commitment to combat this global problem." "We are honored to be selected to work with BioDNA Technology in Malacca and to pioneer new anti-counterfeiting solutions that will meet the needs of the Malaysian government," 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. , chief executive officer, Applied DNA Sciences, Inc. DNA-Embedded Technology This exclusive biotechnology provides the ability to embed or apply combinations of natural plant DNA to globally patented products and applications. Proprietary production techniques process, encapsulate en·cap·su·late v. 1. To form a capsule or sheath around. 2. To become encapsulated. en·cap , protect, and stabilize DNA, then use the unique characteristics and combinations of these DNA sequences 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. as a tool to differentiate and verify authenticity. There are hundreds of millions of possible base codes that can be created by combining and manipulating specific DNA from up to five plants. By amplifying the DNA sequences during analysis, the company is able to isolate and combine a unique string of DNA codes that become a fingerprint or traceable markings for any product. The technology is virtually impossible to replicate. Embedded DNA can be applied to specific media such as ink, paint, glue, polymers and labels, and can also be incorporated into microchips. In doing this, the characteristics of DNA are used to tag and distinguish genuine products from counterfeits. The system of production ensures that DNA can remain stable for up to 100 years. This technology is applicable to a multitude of products such as pharmaceuticals, textiles, aviation and auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
About Biowell Technology Inc. Biowell Technology Inc. is a leading developer of DNA-embedded biotechnology products and applications. The company provides total security solutions protecting corporate and government intellectual property from fraud, forgery, piracy, and counterfeiting. These products can be used with a wide range of security applications such as special inks, labels and microchips. Established in 1999, Biowell was founded by a group of elite scientists engaged in biotechnology-related sciences. The company specializes in the research and development of DNA anti-counterfeit biotechnology and holds several patents in this field. About Applied DNA Sciences, Inc. Applied DNA Sciences, Inc. provides proprietary DNA-embedded biotechnology security applications, using 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. (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. Applied DNA Sciences' headquarters is located at 9255 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 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. Visit: www.anti-terrorism.com. |
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