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View Full Version : APDN is Money in the Bank!



stockwatcher12
09-09-2009, 12:19 PM
DNA provides a forensic trail of evidence linking the criminal to the
crime, and DNA authentication supports the enforcement programs of the
various law enforcement groups
Cash in transit businesses transport and store cash and ATM cassettes.
In the U.K. alone, there is an estimated £500 billion being
transported each year, or £1.4 billion per day. The nature of this
business makes cash -in-transit an attractive target for criminals and
as a result the industry invests in excess of £100 million per year in
security equipment and devices.
The incidence of cash-in-transit based crime has increased over 170%
in London since 2006, according to the Metropolitan Police.
Governments and banks today face the real challenge of staying ahead
of increasingly sophisticated counterfeiting without sacrificing
security features and banknote
longevity to costs.

Loomis UK, a cash-handling company that moves over £150 billion in
cash annually, uses APDN's SigNature DNA to protect its cash boxes.
SigNature DNA is automatically sprayed onto the enclosed currency
along with an intense dye whenever a Loomis Cash Box is disturbed. Any
tampering with the
cash-in-transit boxes will result in both the money and offenders
being contaminated. SigNature DNA can forensically link an offender
with an individual crime scene, meaning they cannot deny their
involvement.