Rob Hutchison Appointed Chairman of the Board of Applied DNA Sciences, Inc.Business Editors/Health/Medical Writers LOS ANGELES--(BUSINESS WIRE)--Jan. 14, 2004 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 DNA-embedded security applications, today announced that Robin "Rob" B. Hutchison has been appointed as Chairman of the Board of Directors of the company. Hutchison, 47, joined Applied DNA Sciences' board in November of 2003. He is a pioneer in the field of bio-metrics and has over 23 years of experience in information technology. Applied DNA Sciences provides proprietary DNA-embedded biotechnology security applications, using plant DNA, that verify authenticity and protect corporate and government agencies from counterfeiting, fraud, piracy, product diversion, identity theft and unauthorized intrusion. "In the short time that he has been on the Board, Rob has demonstrated tremendous vision and extraordinary leadership," 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 of Applied DNA Sciences. "In his new role of Chairman he will be instrumental in helping to guide the strategic direction of the company." Most recently, Hutchison joined the Board of Directors of PowerHouse Technologies Group, Inc. (OTCBB: PWHT PWHT Post-Weld Heat Treatment PWHT Public Works, Highway and Transportation (Wisconsin) ), a mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings solutions company He is the founder of several companies, including eCharge Corporation of Seattle, Washington  This page is protected from moves until disputes have been resolved on the .The reason for its protection is listed on the protection policy page. , specialists in alternative payment methods for the Internet. Hutchison served as eCharge's president and chief technical officer and played an integral role in raising $90 million in private funding. Hutchison pioneered, and holds the patent (pending) on unique digital certificate technology using Bio-metrics that enabled eCharge to provide secure Internet commerce transactions. Prior to co-founding eCharge, Hutchison was president of Canada-based SNI (1) (Subscriber Network Interface) The point of interface between the customer's equipment (CPE) and a communications service from a common carrier. (2) (SNA Network I Corporation, specialists in the integration of SUN Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. UNIX-based systems and Internet and computer firewall security. SNI served as lead architects of BC Telephone's Sympatico Internet service. Hutchison also served as the western regional director of sales and operations for Everex Canada Inc., and as vice president and co-founder of Vivox International Inc. 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 market. Applied DNA Sciences' headquarters are is located at 9255 West Sunset Boulevard, Los Angeles, 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. |
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