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SENSE Holdings, Inc. and Applied DNA Sciences, Inc. Join to Develop and Market Products to Prevent Identity Theft; - In a strategic co-development and marketing agreement, Applied DNA Sciences' integrates its secured chip technology with SENSE Holdings, Inc. biometrically secured BioClock technology -.

Publication: PR Newswire
Publication Date: 01-DEC-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SENSE HOLDINGS, INC. (SENSE): (BULLETIN BOARD: SEHO.OB) , a leading provider of biometrically secured authentication and identification systems, announced today it has signed a memo of understanding (MOU) for strategic co-development and marketing with Applied DNA Sciences, Inc., (BULLETIN BOARD: APDN) , a leading provider of proprietary DNA-embedded security solutions. The two companies will co-develop applications and products targeting corporate, government, and commercial clients with the integration of Sense biometric and smartcard technology with Applied DNA Sciences' embedded DNA biotechnology products. The new venture will target security applications, access control, time and attendance and the elimination of identity theft using card-based applications with a biometric layer.

According to the Federal Trade Commission,...

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