Contact Information: INVESTOR CONTACT: Debbie Bailey 631-444-8090 fax: 631-444-8848 MEDIA CONTACT: Deanne Eagle 212-554-5436 FCMN Contact: Web site: http://www.ADNAS.com
Applied DNA Sciences Announces Results of Stockholder's Meeting
| Source: Applied DNA Sciences, Inc.
STONY BROOK, NY--(Marketwire - December 16, 2008) - Applied DNA Sciences, Inc. (OTCBB : APDN )
announced today the results of its Annual Meeting of Stockholders which was
held today.
At the meeting, stockholders voted to reelect the existing three members of
the Board of Directors to serve for the ensuing year and approved the
reincorporation of the Company from the State of Nevada to the State of
Delaware. Stockholders also approved an amendment to the Company's 2005
Incentive Stock Plan to increase the number of shares of common stock from
20 million to 100 million and limit to 25 million the number of shares that
can be covered by awards made to any participant in any calendar year and
ratified the appointment of RBSM LLP as the Company's independent
registered public accounting firm for the fiscal year ending September
2008.
About APDN
Applied DNA Sciences markets and sells DNA encrypted and embedded solutions
that are forensically authenticated by machine readable devices. These
solutions can be easily integrated with a range of inks, threads,
varnishes, adhesives as well as thermal ribbon, inkjet and laser ink.
Applied DNA Sciences' products can help protect the brands and intellectual
property that can easily be eroded by counterfeiting, product diversion and
fraud.
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 16, 2008 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.