Applied DNA Sciences to Present at SAE Event
October 04 2012 - 8:30AM
Marketwired
Applied DNA Sciences, Inc. (OTCBB: APDN) (Twitter: @APDN), a
provider of DNA-based anti-counterfeiting technology and product
authentication solutions, announced today it has been invited to
present at the important SAE International 2012 Counterfeit Parts
Avoidance Symposium. The Symposium will take place on Friday, Nov.
2, 2012 in Phoenix, Arizona. APDN will present an important white
paper which Dr. James A. Hayward, APDN CEO and President, calls "a
significant contribution to an urgent conversation and a call to
action."
The speakers line-up for the Symposium includes thought leaders
from throughout the industries impacted. SAE International (SAE) is
a global association of more than 128,000 engineers and related
technical experts in the aerospace, automotive and
commercial-vehicle industries.
SAE has played a key role in the development of industry and
government standards in the effort to stem counterfeits in
electronics and aerospace. In 2009, the U.S. Department of Defense
officially adopted SAE International's standard SAE
AS5553-Counterfeit Electronic Parts; Avoidance, Detection,
Mitigation, and Disposition.
SAE's G-19 Counterfeit Electronic Parts Committee continues to
develop and refine the widely-followed anti-counterfeiting
standards.
The Symposium takes place at a critical time in the effort
against counterfeits. Electronics and aerospace continue to come to
grips with new anti-counterfeiting requirements expressed in
Section 818 of the National Defense Authorization Act for Fiscal
2012. Section 818 directs the Office of the Secretary of Defense to
update the procurement rules and guidelines to account for the new
anti-counterfeiting requirements. These updates may come in early
October. The rules and guidelines are found in the Defense Federal
Acquisition Regulation (DFAR) Supplement to the Federal Acquisition
Regulation (FAR).
APDN technology, which uses an engineered botanical DNA marker
to assure authenticity of parts, is the centerpiece of a pilot
program supported by the Defense Logistics Agency, managed by the
LMI consultancy. As of August 7, 2012, the technology is required
by DLA for defense contractors providing microcircuits in FSC 5962
to that Agency.
Janice Meraglia, APDN Vice President for Government and Military
Programs, commented: "We are honored to present at an event which
includes leaders who have made a real difference in the fight
against counterfeits, going back many years. We believe our
technology platform is poised to become a key tool in this effort,
and something which will work well with and contribute to ongoing
standards initiatives."
About Applied DNA Sciences
APDN is a provider of botanical-DNA based security and
authentication solutions that can help protect products, brands and
intellectual property of companies, governments and consumers from
theft, counterfeiting, fraud and diversion. SigNature® DNA and
smartDNA, our principal anti-counterfeiting and product
authentication solutions that essentially cannot be copied, provide
a forensic chain of evidence and can be used to prosecute
perpetrators.
The statements made by APDN may be forward-looking in nature.
Forward-looking statements describe APDN'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 APDN. Actual results could
differ materially from those projected due to our short operating
history, limited financial resources, limited market acceptance,
market competition and various other factors detailed from time to
time in APDN's SEC reports and filings, including our Annual Report
on Form 10-K, filed on December 8, 2011 and our subsequent
quarterly reports on Form 10-Q. APDN 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.
MEDIA CONTACT: Mitchell Miller 646-543-3373 fax: 631-444-8848
INVESTOR CONTACT: Debbie Bailey 631-444-8090 fax: 631-444-8848 FCMN
Contact: Email Contact PROGRAM CONTACT: Janice Meraglia:
631-444-6293 Web site: http://www.adnas.com Twitter: @APDN,
@APDNInvestor
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