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Applied DNA Sciences, Inc. (APDN) Forms “One-Two Punch” with SMT Corporation

|Includes: Applied DNA Sciences, Inc. (APDN)

Located in Stony Brook, New York, Applied DNA has quickly made a name for themselves as a distributor of DNA security solutions to protect products brands and intellectual property from counterfeiting and diversion. Today, Applied DNA announced they have joined forces with the SMT Corporation.

SMT Corp., a highly regarded microchip distributor, will join Applied DNA Sciences in a groundbreaking anti-counterfeiting pilot program that is sponsored by an agency of the U.S. Department of Defense. SMT is known across the world for its highly sophisticated authenticity testing, quality controls and parts-assurance programs.

SMT will use Applied DNA Sciences SigNature DNA ® product to verify the downstream inspection integrity of the microchips it sells to its large and distinguished client base. SMT Vice-President and co-founder Tom Sharp is an acknowledged thought leader in the industry and a pathfinder in anti-counterfeiting intelligence, uncovering the newest and ever-changing tactics of counterfeiters. Under the leadership of Sharp, SMT will join an eighteen-month, second-phase pilot program sponsored by the Defense Logistics Agency.

Leading the way at Applied DNA Sciences, Inc. is Dr. James A. Hayward whom serves as the company’s President and CEO. Dr. Hayward calls Applied DNA Sciences’ relationship with SMT a “one-two punch.” In reference to this press release, Dr. Hayward stated, “We believe our partnership with SMT Corporation is, for counterfeiters, very bad news. They will have to contend with the cutting edge integrity testing and overall strategic intelligence of SMT, combined with our uncopyable, unbreakable SigNature DNA platform.”

Currently, Applied DNA Sciences is trading in the $0.07 range. To learn more about this press release or the company as a whole, visit their corporate website at: adnas.com

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