SOURCE: Applied DNA Sciences

Applied DNA Sciences

October 26, 2015 05:30 ET

Applied DNA Sciences and Hi-Rel Group Announce Strategic Collaboration to Provide SigNature® DNA to Electronic Device Manufacturers

SigNature DNA to Allow Authentication Marking of Microcircuit Packaging Lids

STONY BROOK, NY--(Marketwired - October 26, 2015) - Applied DNA Sciences, Inc. (NASDAQ: APDN) (Twitter: @APDN), a provider of DNA-based supply-chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, has partnered with Hi-Rel Group, a leading manufacturer of highly specialized metal components for the microelectronic packaging industry, to offer SigNature® DNA-marked hermetic lids and support components to manufacturers of high reliability electronic devices. This collaborative work is being performed under Applied DNA Sciences' two-year contract with the Missile Defense Agency (MDA) announced in June 2014 and in support of the MDA's Phase II SBIR program [Contract HQ0147-14-C-7002].

Janice Meraglia, Applied DNA Sciences Vice President of Government and Military Programs, and Tom Dolan, Vice President of Business Development at Hi-Rel Group, will jointly present at the International Microelectronics Assembly and Packaging Society conference on October 29th in Orlando, FL. The presentation will highlight a full spectrum of versatile supply-chain security and traceability solutions, beginning with SigNature DNA marked lids and packaging that can be verified downstream with Applied DNA Sciences' Multi-Modal reader and On-Site DNA authentication readers.

Mr. Dolan of Hi-Rel group stated, "For 40 years we've focused on building relationships by providing innovative solutions for our customers. Working with Applied DNA follows this mission of continually expanding our capabiltities and value-added offerings to our industry. We have definitely seen an increase in requests for traceability and security-based protection features and we believe there is considerable upside potential in that market segment."

Ms. Meraglia, commented, "The further upstream our forensic taggant technology can be implemented into a supply-chain, the more effective it becomes and the greater the benefit it offers to downstream participants. DNA marking of microcircuit lids at the point of component packaging is a seamless insertion point for our technology and has been recommended by several original component manufacturers. We're delighted to commence this strategy with Hi-Rel Group, a trusted industry leader."

About Hi-Rel Group

Hi-Rel Group, founded in 1976 and headquartered in Essex, Connecticut, is a leading manufacturer of highly specialized metal components for the microelectronic packaging industry. Hi-Rel's products include hermetic microcircuit packaging lids, ring frames, solder preforms, thermal management products, getter assemblies, as well as other products and services for the aerospace, defense, optical networking, petrochemical and medical industries.

About Applied DNA Sciences

Applied DNA Sciences makes life real and safe by providing biotechnology-driven solutions to help protect products, brands, entire supply chains, and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. Patented botanical DNA solutions can be used to identify, tag, track, and trace products, to help assure authenticity, traceability and quality of products. SigNature DNA is at the heart of a family of uncopyable, security and authentication solutions such as SigNature® T and fiberTyping®, targeted toward textiles and apparel, DNAnet®, for anti-theft and loss prevention, and digitalDNA®, providing powerful track and trace. All provide a forensic chain of evidence, and can be used to prosecute perpetrators.

Go to adnas.com for more information, events and to learn more about how Applied DNA Sciences makes life real and safe. Common stock listed on NASDAQ under the symbol APDN, and warrants are listed under the symbol APDNW.

Forward Looking Statements

The statements made by APDN in this press release may be "forward-looking" in nature within the meaning of the Private Securities Litigation 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, 2014, as amended on March 6, 2015, and our subsequent quarterly reports on Form 10-Q filed on February 9, 2015, May 11, 2015 and August 10, 2015, which are available at www.sec.gov. 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, unless otherwise required by law.

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