Applied DNA Sciences , a provider of DNA-based security solutions and Safe Solution AB (Sweden) announced that they have signed a three-year contract for Safe Solution to market and sell SigNature DNA forensic products and services to the Scandinavian market.
"Applied DNA Sciences has developed a fantastic concept, based on its unique botanical SigNature DNA, which will definitely hamper and prevent serious crime," said Leif Svensson, CEO of Safe Solution. Svensson, former CEO of G4S Cash Services and CSO at Arlanda and Bromma airports in Sweden, has considerable experience in cash-in-transit security.
Safe Solution is introducing SigNature DNA products immediately in Sweden. Safe Solution will be promoting APDN's technology, consisting of its botanical DNA taggant combined with its proprietary cash degradation dye. With the same technology, Safe Solution is planning to launch enterprise security and home protection products for end users.
"Initially we are launching SigNature DNA in the cash and banking sectors but this is a security solution with large and multiple uses, such as for domestic protection, cargo protection and storage, which are important national concerns in Sweden," Svensson said.
Sweden has been experiencing increased and more violent CViT crimes in recent years and there has been a public outcry for a definitive solution. Statistics from the European Security Transport Association (ESTA) show that Sweden ranks third with regard to the number of cash transport robberies in relation to the population. Equally alarming is the fact that Sweden accounts for one-tenth of the total capital losses in cash transport robberies in Europe; if one takes into account the size of the population, Sweden was the country that lost the second highest amount of money, after Ireland.
"Within National Police, we are very positive about this DNA forensic system, and once it is deployed in the market, it will act as a deterrent and help create enormous opportunities to better cope with serious crimes," said Anders Buren, Head of Reconnaissance Squad for the county police.
"With this significant partnership and working in close collaboration with the National Police, we will be able to contribute to reducing cash-in-transit crimes and protecting the Scandinavian public from illicit crimes," said James Hayward, CEO of Applied DNA Sciences. "SigNature DNA has already proven its value in other European cash-in-transit markets where it has been used to assist the police in catching and prosecuting criminals, securing longer sentences than might otherwise have been possible."