Seeking Alpha

Michael Sweeney's  Instablog

Michael Sweeney
Send Message
Michael Sweeney is an investor in and advocate of Bitcoin. is a bitcoin fund set up to invest in Bitcoin and digital currency opportunities. The fund will NOT have a traditional bank account as investments and distributions are 100% in bitcoin. Current investments and opportunities... More
My company:
  • US Military - A huge market for Applied DNA (OTCBB: APDN) 0 comments
    Sep 15, 2010 4:59 PM
    I first met CEO Jim Hayward of Applied DNA Sciences (OTCBB: APDN) about 18 months ago at his office near Stony Brook University. APDN is a provider of DNA-based security solutions. Jim was a very impressive CEO, but the market seemed small t the time but had real potential. Well today, APDN announced a significant pardigm shift to their marketplce.

    In the press relese, APDN stated:

    "that it has developed a technology utilizing botanical DNA to forensically ID microelectronics as a weapon to foil counterfeiters. As a Department of Energy vetted technology, Applied DNA's marks offer a breakthrough solution to the "growing deluge of millions of counterfeit chips posing peril to the U.S. military and the general public."

    On September 9, 2010, Homeland Security Newswire published an article "Fake chips from China threaten U.S. military systems" [] in which a U.S. Chamber of Commerce estimate finds that the global market for counterfeit electronics may be as large as $10 billion"

    Proctive has not formally announced APDN as a client but this was too big of an announcement to not Blog about. Today, the ways the military detects counterfeits are:

    1. Paperwork Review - this has how many months left?
    2. Visual Inspection
    3. Reliability Testing - What doe that mean?

    The 80's are over even for the government and APDN has been aggressively escalating the development of DNA markers that can forensically protect all electronic components -- semiconductors, microchips, printed circuit boards (PCBs), resistors, capacitors, routers, etc. Applied DNA stated:

    "DNA-marking protects the consumer, the government, our service men and women. The manufacturers can ensure that only properly screened, original product goes to users. The same DNA marking can then protect the manufacturers themselves in the form of returned product which they must replace or repair. Broadly applicable, DNA marking could be disseminated as industry best practices and military standards."

    APDN's President and CEO, Dr. James Hayward, has presented DNA-marking as a solution at several national meetings attended by industry and the military. On August 30, 2010, Dr. Hayward spoke at the IMAPS (International Microelectronics and Packaging Society) High-Reliability Microelectronics for Military Applications Conference in Bethesda, MD. Intense audience interest provoked follow-up meetings to demonstrate how the DNA marks can offer unparalleled solutions for government agencies and original component manufacturers.

    "The military and circuit integrators can not be blamed for the poisoning of supply chains when chip manufacture is available in abundance by countries intent on stealing IP and riding the coattails of other's marketing investments. But DNA is an opportunity to draw a line in the sand, to stop the progress of this problem today," proclaimed Dr. Hayward.

    About APDN
    APDN sells patented DNA security solutions to protect products, brands and intellectual property from counterfeiting and diversion. SigNature DNA is a botanical mark used to authenticate products in a unique manner that essentially cannot be copied, and provide a forensic chain of evidence that can be used to prosecute perpetrators. To learn more, go to where APDN routinely posts all press releases.

    Debbie Bailey
    fax: 631-444-8848
    Janice Meraglia
    fax: 631-444-8848
    FCMN Contact:
    Email Contact
    Web site:

    Disclosure: no position
Back To Michael Sweeney's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.