Stony Brook, NY (PRWEB) March 26, 2014
Applied DNA Sciences (OTCQB: APDN), (Twitter: @APDN), a provider of DNA-based anti-counterfeiting technology and product authentication solutions, announced today that a senior manager, Janice Meraglia, will be speaking at a public meeting aimed at providing input for government implementation of new anti-counterfeiting requirements for defense suppliers.Meraglia will speak as a subject matter expert, based on the experience of APDN's successful counterfeit prevention program with the Defense Logistics Agency.
The Department of Defense will be hosting the meeting in Washington DC on March 27. Meraglia is APDN's Vice President for Government and Military Programs.
Over two years ago, the DOD proposed several Rules meant to partially implement the strict anti-counterfeiting language in the National Defense Authorization Act for Fiscal Year 2012 (NDAA FY '12). At least one is very close to coming online, an event which will severely impact defense suppliers of electronics. That Rule was proposed under DFARS Case 2012-D055. The DOD says that it is now "preparing to publish the final Rule under that Case," meaning that for the first time the new regulations will begin to take effect.
The March 27 hearing solicits more input on implementing the language in NDAA, FY '12.
Meraglia will communicate the successful experience of APDN's SigNature® DNA technology. The counterfeit prevention platform, with participation by nearly 30 suppliers so far, is the only counterfeit mitigation technology named in DOD's Industry Capabilities Report, published in October 2013.
The DOD says that the March 27 public hearing will consider "in particular, the definition and implementation of trusted suppliers."
About Applied DNA Sciences
APDN is a provider of botanical-DNA based security and authentication solutions that can help protect products, brands, entire supply chains, and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. SigNature® DNA describes the uncopyable marker that is at the heart of all of our security and authentication solutions. SigNature DNA is at the core of a family of products such as DNAnet®, our antitheft product, and digitalDNA®, providing powerful track and trace. All provide a forensic chain of evidence and can be used to prosecute perpetrators.
The statements made by APDN may be forward-looking in nature. 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 20, 2013 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.