ADNAS Successfully Marks Mission-Critical Microchips for the DoD
Applied DNA Sciences, Inc. has successfully completed a program to DNA mark microchips for the Defense Logistics Agency (DLA) of the U.S. Department of Defense (DoD). Used systematically, DNA marking could prevent counterfeit microchips, which might be defective and possibly dangerous, from entry at any point in the DoD’s supply chain.
- APDN has already been awarded a follow-on contract of almost $1 million to fully engage one of the government’s microchip supply chains, based on succesful preliminary results.
- Building a forensically secure supply chain: This final phase of the program will include several Original Chip Manufacturers (OCMs), distributors, board builders, system integrators and the Armed Forces; by including the various supply chain participants, APDN can partner with government and industry to build a forensically secure supply chain from the source to the end-user.
- The project could be a significant first step for the company toward a major role in supply chain defense with government, and in B2B relationships with OCMs, distributors, and the manufacturers of printed circuit boards and finished electronic goods.
- A Cost Effective Approach: Pricing efficiency is attained even with modest volume levels, allowing for an OCM to mark entire production runs with minimal costs, yet securing maximum protection.
“Securing the complete supply chain for a ubiquitous technology like microchips generates an immediate return on investment (ROI) in business-to-business relationships with the OCMs, the electronic distributors and the builders of circuit boards. When it comes to protecting our government and military supply chains, this is an ROI measured not just in dollars, but in American lives saved.”
Dr. James Hayward, APDN CEO and President
APDN sells patented DNA security solutions that provide anti-counterfeit protection, as well as protecting brands and intellectual property from counterfeiting and diversion. SigNature DNA is a botanical mark used for product authentication in a unique manner that essentially cannot be copied. When used in conjunction with other law enforcement technologies, SigNature DNA can provide a forensic chain of evidence that has been used successfully in more than 15 convictions. To learn more, go to www.adnas.com where APDN routinely posts all press releases.
The statements made by APDN may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 15, 2010 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.
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Dr. James Hayward, CEO and President, Applied DNA Sciences