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The union adressed DNA testing for convicts in all death penalty cases. Could lead to more revenues for DNAP. One of DNAP's main products is DNAWITNESS (TM) the other currently available product is ANCESTRYbyDNATM
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It shows they are getting funding. Their research has promise. Also they have secured funding to continue research and operations until mid 2006. They also are only about $10 million market cap right now. Maybe not a quick runner, but I think this is a good one long term.
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SARASOTA, Fla., Feb. 10 /PRNewswire-FirstCall/ -- DNAPrint genomics (OTC Bulletin Board: DNAP) (the "Company") announces today that it has teamed with Victoria University in Melbourne, Australia and the Victoria Police Forensic Science Services Centre (VFSC) to win a highly competitive 2004 Australian International Science Linkages (ISL) grant. The grant was authored by Victoria University's Dr. Swati Baindur-Hudson, with the assistance of DNAPrint scientists, to support the validation and potential integration of the Company's RETINOME(TM) test at the VFSC. The ISL program supports Australian scientists, from both the public and private sectors, to collaborate with international partners on leading-edge science and technology in order to contribute to Australia's economic, social and environmental wellbeing. The subject of the grant, DNAPrint's RETINOME(TM) test, is a genetic assay for the inference of iris color from DNA. When used with other DNAPrint products for the inference of continental (DNAWitness(TM) 2.5) and ethno geographic ancestry (EUROWITNESS(TM) 1.0), it allows law enforcement to "paint" physical profiles from crime-scene DNA specimens and thereby to augment or substitute for unavailable or incomplete human eye-witness testimony. The RETINOME(TM) assay functions by measuring multiple genetic variants called Single Nucleotide Polymorphisms (SNPs), located in regions of the human genome that are involved in pigment production. The test is the first commercially available "complex" genetics test to have been developed from the knowledge provided by the recently completed human genome sequencing project. Complex genetics tests have heretofore been notoriously difficult to develop, in part because their determination is the byproduct of multiple, interacting genes and their expression is usually quantitative rather than discrete (i.e. black/white). DNAPrint's development of innovative genome screening techniques and analytical methods enabled it to launch a service version of the test last August. Customers can learn more about DNAPrint's tests for the inference of physical characteristics from DNA through email (admin@dnaprint.com), the Company's websites (http://www.dnaprint.com, http://www.ancestrybydna.com) or telephone (941-366-3400). About DNAPrint genomics, Inc. DNAPrint genomics Inc. uses proprietary human genome research methods to develop genomic-based services and products. The Company introduced ANCESTRYbyDNA(TM) in the consumer market and DNAWitness(TM) in the forensic market in 2003. DNAPrint is developing products in the pharmacogenomic market and has a disease gene discovery program. The Company is traded on the NASDAQ OTC Bulletin Board under the ticker symbol: DNAP. For more information about the company, please visit http://www.dnaprint.com . About Victoria University, Australia Victoria University, one of the largest universities in Australia, has a number of areas of research strengths that match the needs and interests of existing and potential external stakeholders. The University focuses on mission-oriented research that is relevant to the needs of society. Its staff has worked extensively in collaborative projects with industry and government organizations, one of them being the Victoria Police Forensic Service Center. About the Victoria Police Forensic Service Center The biology division of the Victoria Forensic Service Center provides high quality biological scientific/technical services to Victoria Police and clients and comprises three branches, the Botany Branch, the Biological Examination Branch and the DNA Analysis Branch. The DNA Science Branch is recognized as one of Australia's most forward-thinking and innovative molecular forensic laboratories. All statements in this press release that are not historical are forward- looking statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, but not limited to, uncertainties relating to technologies, product development, manufacturing, market acceptance, cost and pricing of DNAPrint's products, dependence on collaborations and partners, regulatory approvals, competition, intellectual property of others, and patent protection and litigation. DNAPrint genomics, Inc. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward- looking statements contained herein to reflect any change in DNAPrint's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based. Media and Press Contacts Richard Gabriel DNAPrint Genomics, Inc. CEO/President (941) 366-3400 SOURCE DNAPrint genomics, Inc.
Contact Information: Richard Gabriel, CEO and President, DNAPrint Genomics, Inc., +1-941-366-3400
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Closed up 5% today, stayed above the middle bollinger. A little volume and this should move up nicely.
I remember the good old days when DNAP was trading at .07 and DNA testing was getting big. DNAP solved a serial killer mystery down in Georgia. Detectives said that it was a black male that was a suspect, but DNAP the company went in and did some tests of DNA at the scene and they said it was a white male, guess what...it was.
I like this company at .10 I sure like them at .01. Holding this one.
-------------------- Charts are like artwork, it's the same painting to everyone but each person see's something different.
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