Applied DNA Sciences to Present Anti-Counterfeiting Proposal at SAE Symposium, September 27
September 19 2013 - 08:30AM
Marketwired
Applied DNA Sciences, Inc. (OTCBB: APDN), (Twitter: @APDN), a
provider of DNA-based anti-counterfeiting technology and product
authentication solutions, announced today that it will propose a
new anti-counterfeiting parts marking standard at the upcoming SAE
2013 Counterfeit Parts Avoidance Symposium. APDN Vice President
Janice Meraglia will speak and participate in a round table at the
Symposium in Montreal on September 27.
The SAE Symposium, including many of the most important thought
leaders in the effort against counterfeiting shapes up as an
influential and timely gathering. SAE committees have developed and
published some of the most widely accepted quality and
anti-counterfeiting standards in electronics, many adopted by the
federal government and industry.
A practical step forward
The APDN proposal offers a practical step forward, even while
government and industry are struggling to find common ground on new
government requirements in National Defense Authorization Act of
Fiscal Year 2012 and Fiscal Year 2013 (NDAA). The NDAA
requirements, potentially changing the entire regulatory landscape
in electronics, are closer than ever to implementation by the
Department of Defense. The DoD has published a Rule meant to guide
implementation of the new law but it has been highly
controversial.
A robust part-marking, standard, the APDN proposal notes, can
represent an effective and practical step on which both sides can
agree. Commented Meraglia, "An anti-counterfeiting parts marking
standard can be the first step toward NDAA compliance."
Urgency of immediate action
Speaking to the urgency of taking immediate action against
counterfeits, the SAE conference organizers write:
"Counterfeit electronic parts are globally pervasive and
continue to be a growing problem. They have found their way into
applications that we once thought were secure and immune to this
type of threat. Their presence affects national security, personal
safety and poses short-term and long-term reliability risks in all
electronic applications. Fixing or addressing the issue in the
industry has impacted schedules, increased costs and forced new
ways of conducting normal business."
Meraglia noted that the company will share its experience in the
ongoing Defense Logistics Agency effort that requires use of its
marking and authentication product SigNature DNA. She said, "an
anti-counterfeiting marking standard need not, and should not be
product specific."
And article by APD then outlining the proposal
may be accessed by clicking here.
http://counterfeitparts.sae.org/
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 prevent crime.
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 20, 2012 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 239-240-8818 fax: 631-444-8848
INVESTOR CONTACT: Debbie Bailey 631-240-8817 fax: 631-444-8848 FCMN
Contact: Email Contact Web site: http://www.adnas.com Twitter:
@APDN, @APDNInvestor
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