Previously only referenced publicly available information had been used, but the NFA calculation also included previously unpublished fraud loss figures and produced its own fraud estimates in areas where fraud data was unavailable.

Commissioner Mike Bowron of the City of London Police welcoming the report, said “the true cost of fraud could be much higher than previous estimates.

“It is vital that we ensure that the methodology used to measure the cost of fraud on the UK economy is as up to date and as comprehensive as is possible.

“We can then have confidence when using this data to help support and inform government policy in this important area of policing.”

Based predominantly on 2008 data, the current fraud loss figures were collated by a specialist team at the NFA. Using information gathered from a cross-section of public and private sector agencies, the public sector accounts for 58 per cent of the total figure, the private sector 31 per cent and fraud against individuals 12 per cent (4).

The report and overall fraud loss estimate will enable the NFA and Government to develop clearer priorities to prevent, detect and deter fraudsters and identify those areas of fraud that cause the most harm to the UK economy, to tackle it more effectively.

CEO of the NFA Dr Bernard Herdan said “Reducing the cost of fraud is important but even more significantly I want to stop more people from becoming victims. I have seen firsthand the devastating effects fraud can have. It destroys lives and livelihoods.”

The NFA, the Government’s strategic lead agency on fraud, has also recently launched Action Fraud, the UK’s first national fraud reporting centre. The service is a single point of contact for fraud victims, where they can both report a fraud and seek guidance and advice.

For more information about Action Fraud and the NFA, please visit www.actionfraud.org.uk.

STONY BROOK, NY–(Marketwire - September 21, 2009) - Applied DNA Sciences, Inc. (OTCBB: APDN), a provider of DNA-based security solutions, announced that its anti-counterfeit technologies can be deployed in covert programs that seek to identify “leaks” in supply chains. Leakage out of the legitimate supply chain, called “Diversion” creates the

“Gray-Market” that devalues any product caught in its grip.

Sometimes gray-market products are leaked back into legitimate supply chains, most often accompanied by counterfeits, out-dated products or products that have been remanufactured to superficial specifications but with limited capacity or shortened functional lifetimes.

“Botanical SigNature® DNA can track the path of supply chains in many industry verticals: governments and the military, electronics and semi-conductors, currency, collectibles, fine wines, luxury goods, personal care and other industries,” said Dr. James A. Hayward, CEO of APDN. “By layering SigNature DNA with other rapid screening security platforms, the combination enables in-field screening with in-lab forensics. Conventional tools such as barcodes, holograms and even RFIDs, have limited security, as counterfeiters have found ways to access this technology and quickly create and distribute fake products back into the supply chains of companies and governments. DNA elevates each of these and other platforms to a forensic level, that cannot be copied and that offer the near absence of false positives.”

SigNature DNA offers value over typical non-DNA taggants as described in the table below.

           Forensic     Size of

Platform   Quality      Marker    Scope    Security   Stability    Safety

--------   -------      ------    -----    --------   ---------    ------

SigNature   Highest   Large and  Extremely Cannot be    Stable      Safe,

DNA                    complex   flexible   copied      against    "Green"

                                                       physical   Botanical

                                                     and chemical

                                                       extremes

Non DNA     Low to      Varies   Limited   Most are      Can be    Varies

Taggants     None                          copied by    unstable

                                         counterfeiters

The forensic utility of DNA has survived scrutiny unparalleled for crime evidence. Its informational content is massive and it is one of the most sensitively detected molecules known to man. Applied DNA’s products may be deployed in extruded plastics, inks and metal surfaces, making this security applicable to microchips and printed circuits. The company has successfully incorporated DNA in a wide menu of commercial inks, adhesives, label and packaging materials and directly onto a variety of products such as fabrics, cosmetic products and drug prototypes.

Dr. Hayward continued: “Once a counterfeit product enters a supply chain, it becomes exceedingly difficult to differentiate a real product from the fake. We regard DNA as the “security of both first and last resort.”

APDN has been selected to present at the DMSMS and Standardization Conference in Orlando, FL on September 23rd. This will be APDN’s second governmental conference demonstrating the power of DNA to successfully address the challenges of counterfeiting and diversion.

About APDN

APDN sells patented DNA security solutions to protect products, brands and intellectual property from counterfeiting and diversion. SigNature DNA is a botanical mark used to authenticate products in a unique manner that essentially cannot be copied. APDN also provides BioMaterial GenoTyping™ by detecting genomic DNA in natural materials to authenticate finished products. Both technologies protect brands and products in a wide range of industries and provide a forensic chain of evidence that can be used to prosecute perpetrators. To learn more, go to www.adnas.com where APDN routinely posts all press releases.

The statements made by APDN may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 16, 2008 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.

InfoTech Alliance Recommends Banker’s Toolbox to Combat Money Laundering

Software offers comprehensive monitoring system to detect suspicious account activities

NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–InfoTech Alliance, a community bank service provider based in Raleigh, N.C., today announced a referral agreement with Banker’s Toolbox, a North Hollywood, Calif.-based supplier of anti-money laundering detection and reporting solutions. As part of the partnership, InfoTech Alliance will recommend the use of Banker’s Toolbox’s Bank Secrecy Act/Anti-Money Laundering Management System (BAM®) to its financial clients.

Financial institutions face numerous challenges in complying with the anti-money laundering provisions set forth in the Bank Secrecy Act and Anti-Money Laundering rules (BSA/AML), namely finding adequate resources and the technical capabilities needed to effectively monitor, track and report suspicious transactions. To help its customers overcome these hurdles, InfoTech Alliance will recommend BAM to those who use its core and item processing applications.

“Part of our responsibility is to provide our clients with the most efficient tools available to comply with regulatory exams,” said Tim Seamon, senior vice president and manager of Business and Development for InfoTech Alliance. “Our partnership with Banker’s Toolbox reinforces our commitment to help our clients reduce their risk exposure. BAM provides a cost-effective solution for banks to easily identify unusual activity in their customer base through on-demand or scheduled reporting and then automatically manage the reporting process.”

BAM provides banks an end-to-end system for researching, analyzing, identifying, documenting and reporting unusual customer transactions. The software allows users to compile and store data while identifying high-risk and potentially fraudulent activity patterns. From detection to production, BAM saves time and resources by automating the entire compliance effort, aggregating and complying data to produce Suspicious Activity Reports (SAR).

“More banks are realizing that manual account monitoring practices are antiquated, and comprehensive automated software is necessary to ensure full compliance,” said Daniel Cho, chief executive officer at Banker’s Toolbox. “Community and regional banks, such as InfoTech Alliance’s customers, are facing increasingly sophisticated criminals and more regulatory oversight. We are excited to work with InfoTech Alliance to serve the BSA/AML needs of their customers.”

About Banker’s Toolbox, Inc.

North Hollywood, Calif.-based Banker’s Toolbox, Inc., helps banks manage risk and streamline compliance examinations. The company’s product suite consists of affordable solutions for money laundering detection and reporting, commercial real estate loan portfolio risk assessment, risk management through fraud and kite prevention and secure wire processing automation. The Banker’s Toolbox team is a unique combination of seasoned bankers and information technology consultants who specialize in designing, developing and implementing risk management solutions nationwide while providing unparalleled customer service to regional and community banks. For more information, visit the company’s Web site atwww.bankerstoolbox.com.

About InfoTech Alliance

Raleigh, N.C.-based InfoTech Alliance has provided exceptional service to community banks for more than 30 years. With state-of-the-art processing facilities, comprehensive product offerings and a team of banking and technology experts dedicated to exceeding our clients’ expectations, we have become a trusted name in the industry. InfoTech Alliance provides comprehensive product offerings that include account processing, all day and same day banking, online banking and ATM services. For more information, visit the company’s Web site at www.infotechalliance.com.

Contacts

For Banker’s Toolbox
Media contacts
David Jones, 678-781-7238
or
Elizabeth Salter, APR, 678-781-7224

LOS ANGELES–(BUSINESS WIRE)–Timothy Trainer, Global Intellectual Property Strategy Center, P.C., testified before the House Foreign Affairs Committee in Los Angeles today. “Governments around the world have enacted new and stronger intellectual property laws, seized hundreds of millions of dollars worth of infringing goods and prosecuted criminals, yet, the overall picture of global counterfeiting and piracy appears generally unchanged from a decade ago,” he testified. Trainer added, “the latest available customs seizure statistics for a one year period from the U.S., European Union and Japan total 80,000 border enforcement actions to protect intellectual property.”

Mr. Trainer referred to several specific cases within the past two years, including a case involving computer networking components and another involving attempts to enter hundreds of shipments into the United States. “The troubling aspect of these cases is that after many years of attacking this problem with raids, seizures, and prosecutions, we continue to see an onslaught of illegal activity that is undeterred,” he testified.

Trainer’s recommendations included the need for more enforcement resources, including the need for more Customs officers in the field because of the increased health and safety risks, but also due to the evidence of undeterred counterfeiters and pirates trading in all types of products. He added that, “the singular message of more IP enforcement may be insufficient and inadequate.” He urged the Government and industry “to become more creative and imaginative in their messaging about intellectual property by explaining and demonstrating the benefits and advantages of intellectual property.” In his list of recommendations, Trainer encourages Congress “to fund intellectual property programs for Executive Branch agencies specifically addressing public awareness and education programs.”

“It is no longer sufficient for us to rely on the simple message that more enforcement is needed. The concrete evidence tells us that we need a multi-dimensional approach to this problem. I am ready to contribute in that regard,” Trainer concluded.

Mr. Trainer established the Global Intellectual Property Strategy Center, P.C., in 2005. Through the firm, Mr. Trainer assists clients in drafting legislation and negotiating specialized intellectual property licenses. He also advises clients on corporate intellectual property enforcement strategic planning and monitors global developments in intellectual property enforcement. Mr. Trainer has conducted numerous intellectual property training programs abroad. He is also an adjunct law professor at American University and Thomas Cooley Law School.

Contacts

Global Intellectual Property Strategy Center, P.C.
Timothy Trainer, 202-955-1144
ttrainer@globalipsc.com
www.globalipsc.com

ARLINGTON, Va., Feb 23, 2009 (BUSINESS WIRE) — Key findings and best practice recommendations from the Department of Commerce’s landmark survey on counterfeiting will be presented during the keynote address at CARTS 2009, March 30 to April 2 in Jacksonville, Fla.

The DoC’s study, titled “Counterfeits and the U.S. Industrial Base,” assesses the impact of counterfeit electronics on supply chain integrity, critical infrastructure, and industrial capabilities. In her CARTS keynote, Teresa Telesco of DoC will present survey results and provide information on best practices that can mitigate risk to the U.S. supply chain. The impact of counterfeiting on the electronic components industry has been estimated to be as much as $10 billion annually.

An early and detailed look

A full report based on the survey is expected in the middle of this year, but attendees at CARTS 2009 will get an early and detailed look at the findings and recommendations.

“The survey has uncovered some startling information, and more importantly, collected a detailed list of best practices from more than 1,000 manufacturers, assemblers, contractors and distributors,” says Bob Willis, president of the Electronic Components Association (ECA), the CARTS 2009 sponsor. “Not only will this give companies information they need to combat counterfeiting, it will help our members set the agenda for government programs.”

Ultracapacitors also in spotlight

CARTS 2009 will also include a technical seminar on ultracapacitors, considered a key technology in the quest for renewable energy sources. Ultracapacitors offer a unique combination of high power, durability, and fast charge-discharge capability. This makes them ideal for renewable energy applications such as hybrid transportation, battery-free backup power, distributed power for vehicles, and wind turbine power.

CARTS, in its 29th year, is the premier technical symposium for passive electronic components. The conference and exposition provides component engineers, designers and marketing professionals with the latest technical and marketing intelligence from the best minds in the industry. For more information and to register, visit: http://www.ecaus.org/CARTSUSA/2009/

About ECA

The Electronic Components Association (ECA) represents the electronic components industry and the technologies, materials and supply chain associated with it. ECA offers market research, conferences, standards development under the EIA brand, issue advocacy, technology intelligence, and collaborative efforts that help improve the business and technical expertise of its members. For more information, visit www.ecaus.org.

SOURCE: Electronic Components Association (ECA)