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National Security Expert Stephen Rossetti Joins Board of Advisors of Applied DNA Sciences, Inc.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--Jan. 21, 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):

-- Biotechnology company specializing in DNA-embedded solutions

appoints expert in government information technology and

federal acquisition practices who has been instrumental in

crafting major legislation on national security matters

Applied DNA Sciences, Inc. (OTCBB:APDN), a provider of proprietary DNA-embedded biotechnology solutions that protect corporate and government intellectual property from counterfeiting and fraud, today announced that Stephen Rossetti has joined its Board of Advisors as of November of 2002. With extensive experience at federal levels in both legislative and executive branches of government, Rossetti has been instrumental in crafting major legislation on national security matters. He has a broad knowledge of interagency policy development, and federal financing and legislative processes.

Rossetti spent ten years on the staff of the House Armed Services Committee The term Armed Services Committee could refer to:
  • U.S. House Committee on Armed Services
  • U.S. Senate Committee on Armed Services
 working with readiness and infrastructure issues including special operations forces Those Active and Reserve Component forces of the Military Services designated by the Secretary of Defense and specifically organized, trained, and equipped to conduct and support special operations. Also called SOF. , general-purpose force preparedness, National Guard and Reserve preparedness, information technology oversight and reform, chemical and biological weapons preparedness and response, and missions other than war, such as counter-drug and counter-terror. Following service on the committee, Rossetti moved to the Office of the Secretary of Defense The Office of the Secretary of Defense (OSD) is part of the United States Department of Defense and includes the entire staff of the Secretary of Defense. It is the principal staff element of the Secretary of Defense in the exercise of policy development, planning, resource  where he was in charge of business process reform.

Rossetti is presently chairman and chief executive officer of Consumer Direct-Link, a high security company and provider of a pervasive computing Refers to the use of computers in everyday life, including PDAs, smartphones and other mobile devices. It also refers to computers contained in commonplace objects such as cars and appliances and implies that people are unaware of their presence.  that combines encryption, smart card biometric identification Noun 1. biometric identification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or  capabilities, and wireless through PDAs and other devices. In addition, he serves as president of Markquest, a Washington D.C.-based consulting practice with emphasis on Homeland and national security and technology issues. Rossetti works with the U.S. Congress, the White House Office of Management and Budget The Office of Management and Budget (OMB), formerly the Bureau of the Budget, is an agency of the federal government that evaluates, formulates, and coordinates management procedures and program objectives within and among departments and agencies of the Executive Branch. , and several federal agencies including the Departments of Justice, Defense, Veterans Affairs Veterans Affairs is a term of the business that deals with the relation between a government and its veteran communities, usually administered by the designated government agency. , Interior, and Agriculture.

"Since 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
 is projected to drive the government's biggest five-year plan Five-Year Plan, Soviet economic practice of planning to augment agricultural and industrial output by designated quotas for a limited period of usually five years.  for technology spending, we believe that Steve Rossetti's connection to the federal sector will bring invaluable guidance to our company in identifying applications for our technology within the government sector," said Larry Lee, president of Applied DNA Sciences, Inc. "As the world is experiencing estimated losses of up to $1 trillion dollars annually, due to counterfeiting, the need for secure identification systems is critical. Our award-winning biotechnology helps identify, deter and dismantle various global counterfeiting organizations."

"The capabilities of Applied DNA Sciences have enormous potential to assist governments in providing an added level of authentication and security at this highly sensitive and critical time," Rossetti said. "ADNAS can also assist the U.S. and other governments in providing valuable protection of property rights, thereby promoting commerce, enhancing free trade, and forging a working partnership with government and the private sector to assure product integrity while protecting vital revenue sources."

About Applied DNA Sciences, Inc. (ADNAS)

Applied DNA Sciences, Inc. (OTCBB:APDN) provides proprietary DNA-embedded biotechnology solutions that confirm authenticity and protect corporate and government agencies from counterfeiting, fraud, piracy, product diversion, and unauthorized intrusion. ADNAS has an exclusive licensing and partnership agreement covering North America and Europe with Biowell Technology, Inc. (http://www.biowell.com.tw/eng/home.htm) of Taiwan. The company provides sales, marketing, and sub-licensing of the DNA products, which are accompanied by monitoring and enforcement support to identify, deter, and apprehend global counterfeiting organizations.

ADNAS' patented technology addresses the more than $350 billion of counterfeit products sold globally each year. Corporations spend approximately $6 billion annually on anti-counterfeit and anti-fraud solutions. DNA tagging provides an extremely high counterfeit barrier, because the unique 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.  that identifies a tagged object is virtually impossible for a counterfeiter to replicate. Industries benefiting from ADNAS solutions include: corporations, federal government, information technology, security and surveillance, entertainment, the arts, cosmetics, pharmaceuticals, agriculture, biometrics, and vertical retail markets.

The company is headquartered at 9255 W. Sunset Blvd., Los Angeles, CA 90069; Tel: 310/860-1DNA (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 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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Date:Jan 21, 2003
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