Applied DNA (APDN)Technology Helps Convict Two Criminals
Applied DNA Sciences (OTCBB:APDN) announced today that its SigNature DNA technology, 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, has again proven critical in the conviction of cash-in-transit criminals. The SigNature DNA product has been growing in popularity internationally and its value is being reinforced through an ongoing track record of proven results.
Today’s news announced that Colin Waddingham was found guilty by unanimous jury verdict of cash-in-transit robbery and associated offenses and sentenced to eleven years imprisonment. Waddingham had robbed a Loomis driver of a cash box at a Shell Petrol Station in Acocks Green, Birmingham, United Kingdom. DC Danniel Halford of the West Midlands Police Department commented that “SigNature DNA was critical in linking the recovered cash to the defendant."
This latest conviction adds even more validity to APDN technologies as the Company continues to emerge as an industry leader as conveyed through the comments of Tony Benson, Risk Director, Loomis UK, when he stated, "We are pleased with the sentencing of these cash-in-transit crimes. We are especially gratified that since the deployment of SigNature DNA in Loomis cash boxes, we have sent cash-in-transit criminals to jail for an accumulated total of more than 120 years."
Additionally, in London, the Metropolitan Police Flying Squad was aided by Applied DNA’s taggant in the conviction of Alpesh Daudia of two separate cash-in-transit crimes. Daudia was stopped and searched under suspicion of a robbery and the taggant provided evidence that the cash on his person was money stolen in a previous robbery of over a year earlier that had not been linked to him. Commenting on the value of the taggant, Sgt Andrew McGuire, of the Flying Squad, stated, "The investigation highlights the importance of APDN's unique DNA taggant as a tool to track those who commit these crimes. Without these, I doubt either crime would have been solved, nor Daudia brought to justice."
The Applied DNA Sciences DNA security solutions protect products, brands and intellectual property from counterfeiting and diversion. The technologies have been used in a variety of applications including usage to mark luxury products and link them to specific owners. Recently, the DNA platforms are gaining traction in the military and police markets as a result of the press of convictions and performance in cash-in-transit services. Applied DNA CEO, James Hayward commented “Recently, we have been fielding inquiries for our cash-protection platform throughout Europe and Asia."
Shares of APDN have been on a climb over the last five weeks after hitting a low just over three cents per share. December brought about a climb in stock price that touched nice cents before retracing. On the news release this morning shares gapped north and are still holding gains of over 12% as the price per share is holding over seven cents on strong volume with more than 800,000 shares changing hands.
More information on Applied DNA Sciences, Inc. and its products can be found on the Company’s website at www.adnas.com.