STONY BROOK, N.Y., April 3 /PRNewswire-FirstCall/ -- Applied DNA Sciences,
Inc. (OTC Bulletin Board: APDN), a DNA security solutions company, today
announced the collaboration between its sub-licensee, Biowell Technology
Inc.(Suzhou) ("Biowell"), and Yang Cheng Mitten Crab Association ("YCMCA") to
apply DNA encryption technology to protect Yang Cheng Mitten Crabs from
According to YCMCA, 2005 gross sales of Yang Cheng Mitten Crabs were
estimated at $250 million USD (or $2 billion CNY). Depending on the size of
the mitten crab, the unit cost per crab is between $10 and $20 USD.
"The high demand in China for Yang Cheng Mitten Crabs as a gourmet
delicacy has led to rampant brand imitation and counterfeiting," stated Dr.
Jun-Jei Sheu, Chairman and CEO of Biowell. "The real issue here is that
traditional anti-counterfeit methods do not seem to provide sufficient
protection against brand imitators. We believe that an integrated, total
security approach is needed that involves collaboration with YCMCA and the
In May 2005, the Chinese government issued bulletin No.71 aimed at
protecting Yang Cheng Mitten Crabs, and the natural water areas they inhabit.
This bulletin stipulated that the only breed of mitten crabs that would be
considered genuine Yang Cheng mitten crabs would be the Chinese Mitten Crab
(Eriocheir sinensis). YCMCA is the primary Chinese governmental agent
responsible for the implementation of bulletin No. 71 and is authorized to
certify and authenticate Yang Cheng Mitten Crabs. Since the issuance of
bulletin No.71, YCMCA has incorporated the use of DNA encrypted ink on the
label of each packaged case of Yang Cheng Mitten Crabs, and the stapling of a
DNA labeled ring on a claw of each Yang Cheng Mitten Crab, which provides
another way to visually identify the Yang Cheng Mitten Crab brand and protect
it from counterfeit and imitation. Only crabs that have the YCMCA "origin
production mark" label will be considered authentic Yang Cheng Mitten Crabs.
Dr. James A. Hayward, CEO of Applied DNA Sciences, said, "Yang Cheng
Mitten Crabs mark our entry into food protection, and are a great example of
how we can work with companies and governments to develop a cohesive anti-
counterfeit program. We believe that the scope of opportunity for our
technology is vast and that many more companies may benefit from the added
security and value that our technology provides."
About Applied DNA Sciences, Inc.
Applied DNA Sciences, Inc. (APDN) develops proprietary DNA-embedded
security solutions that use plant DNA to verify authenticity and protect
corporate and government agencies from counterfeiting, fraud, piracy, product
diversion, identity theft and unauthorized intrusion into physical plant and
databases. Our common stock is listed on the Over-The-Counter Bulletin Board
under the symbol "APDN". Contact: MeiLin Wan, Applied DNA Sciences, Inc., 25
Health Sciences Drive, Stony Brook, New York 11790; Tel: 631-444-6861; Fax:
631-444.8848; E-mail: email@example.com
The statements made by Applied DNA Sciences, Inc. in this press release
may be forward-looking in nature and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements describe the Company's future plans, projections,
strategies and expectations, and may be identified by words such as "expects,"
"anticipates," "intends," "plans," "believes," "seeks," "estimates" or words
of similar meaning. These forward-looking statements are based on assumptions
and involve a number of risks, uncertainties, situations and other factors
that may cause our or our industry's actual results, level of activity,
performance or achievements to be materially different from any future
results, level of activity, performance or achievements expressed or implied
by these statements. These factors include changes in interest rates, market
competition, changes in the local and national economies, and various other
factors detailed from time to time in Applied DNA Sciences' SEC reports and
filings, including our Annual Report on Form 10-KSB, filed on January 12,
2006, and subsequent Quarterly Reports on Form 10-QSB and Current Reports on
Form 8-K. The Company 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.
SOURCE Applied DNA Sciences, Inc.