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Applied DNA Sciences Announces Executive Informational Overview on APDN by Crystal Research Associates

Strategic Insights

— 1 min read

Applied DNA Sciences, Inc., a leading provider of DNA-based security and authentication solutions, has announced that Crystal Research Associates, LLC has issued an Executive Informational Overview (EIO) on APDN. Crystal Research Associates, a well-known and respected research firm on Wall Street, has provided a comprehensive report on APDN's products, technologies, and services, highlighting the company's expertise in authentication and protection against counterfeiting.

Key Takeaways:

  • Crystal Research Associates has issued an Executive Informational Overview (EIO) on APDN, providing a detailed report on the company's product/technology/service offerings, market size, key intellectual property, leadership, growth strategy, competition, risks, financial statements, and key events.
  • APDN provides DNA-based security and authentication solutions to identify originals and protect products, brands, and intellectual property from counterfeiting and diversion.
  • APDN's SigNature DNA and BioMaterial Genotyping technologies protect brands and products in a wide range of industries, including cash-in-transit, textiles and apparel, secure documents for military and homeland security, pharmaceuticals, wine, and other luxury items.
  • APDN has been selected to launch its SigNature DNA Anti-Counterfeiting Program for the UK and EU as the sole security platform to spearhead a multi-year, multi-million dollar contract.
  • APDN has a patented DNA security solution that uses complex codes embedded in botanical DNA to provide the ultimate solution to counterfeiting.
  • The World Customs Organization estimated that the $600 billion (2004) annual global trade in illegitimate goods is expected to double to $1.2 trillion by 2014.
  • Crystal Research Associates is an independent research firm that provides institutional-quality, fee-based research to small and mid-cap companies.

Statistics:

  • $600 billion (2004) annual global trade in illegitimate goods
  • Estimated to double to $1.2 trillion by 2014 (World Customs Organization)
  • $42,500 in cash and 200,000 Warrants/Options paid to Crystal Research Associates for its services in creating the report and updates

Sources:

  • Crystal Research Associates, LLC. (2009). Executive Informational Overview (EIO) on APDN.
  • APDN. (2009). Press Release: Applied DNA Sciences Announces Executive Informational Overview on APDN by Crystal Research Associates.
  • World Customs Organization. (2004). Annual global trade in illegitimate goods estimated at $600 billion.
  • APDN. (December 16, 2008). Annual Report on Form 10-K.

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