FDAnews
www.fdanews.com/articles/67996-applied-dna-sciences-receives-5-482-993-million-in-funding

Applied DNA Sciences Receives $5,482,993 Million in Funding

January 26, 2005

Applied DNA Sciences has reported that its managing investment banker, New York-based Vertical Capital Partners along with participation from other funds and investors, has closed on $5,482,993 of funding for APDN. In addition, Vertical Capital Partners' clients converted over $1,500,000 in bridge loan notes issued in November 2003, into common shares of the company. Applied DNA Sciences will use the funds to speed research, development and distribution of its advanced DNA security programs.

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