Applied DNA ($APDN) - Lands the breakthrough contract with the USDOD
FULL PRESS RELEASE - Applied DNA Sciences Successfully Marks Mission-Critical Microchips for the Department of Defense - Stellar Results Lead to Immediate Marking Program With Defense Logistics Agency
I first met CEO Jim Hayward roughly two years ago, and we talked about Applied DNA needing to secure a significant contract to give the company credibility in the public 
markets. APDN announced in a previous press release that it began marking microchips for a "government agency" which they did not name and the amount was not announced. Today, Applied DNA (OTCBB: APDN; Twitter: $APDN) announced the formal contract of $1.0 million with the Department of Defense to:
"fully engage one of the government's microchip supply chains. APDN has "completed a program to DNA mark microchips for the Defense Logistics Agency of the U.S. Department of Defense."
What is really interesting about this contract is it leads Applied DNA to BOTH government markets and private industry markets:
"By including the various supply chain participants, APDN can partner with government and industry to build a forensically secure supply chain from the source to the end-user. APDN believes that the project could be a significant first step for the company toward a major role in supply chain defense with government, and in business-to-business relationships with Original Chip Manufacturers, distributors, and the manufacturers of printed circuit boards and finished electronic goods."
In the "Results tell the story" section of the press release, APDN once again did NOT name the manufacturer but were very specific when it stated:
"An Original Chip Manufacturer marked 100% of its production for a period of two months. The microchips themselves were scanned at the Original Chip Manufacturer facility, the DNA-marked outer packaging was scanned at a Distributor. In a blind sampling, where both marked and unmarked chips were sampled, forensic analysis confirmed the authenticity of products DNA-marked as genuine."
Results included:
- 100% distinction was made between DNA-marked and unmarked product and packaging
- 100% forensic authentication of DNA-marked product and packaging
- No change was necessary to the production process
- No adverse impact to mark-permanency quality assurance test results at the Original Chip Manufacturer
- Marks were rapidly scanned without difficulty at both the Original Chip Manufacturer and the distributor
- Marking was entirely non-destructive, as planned
- Pricing efficiency is attained even with modest volume levels, allowing for an Original Chip Manufacturer to mark entire production runs with minimal costs, yet securing maximum protection.
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