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From DNAPrint.com:
DNAPrintTM genomics, Inc. is a genomics science company focused on the sale of unique proprietary genetic testing
Products and services. The Company's core patented and proprietary technologies for efficiently targeting single nucleotide polymorphisms ("SNPs") enable us to provide novel predictive genetic tests at a significant cost advantage over our competitors. DnaPrint.com


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  • SEC Reports here.
  • DNAPrint Website Press Releases

  •     July 6, 2005

    Press ReleaseSource: DNAPrint genomics

    DNAPrint genomics to Effect 1-for-20 Stock Consolidation on Tuesday, July 12
    Wednesday July 6, 7:00 am ET

    SARASOTA, Fla., July 6 /PRNewswire-FirstCall/ -- DNAPrint genomics, Inc. (OTC Bulletin Board: DNAP - News) today announced that its Board of Directors has authorized a 1-for-20 consolidation of the Company's stock, effective at 12:01 a.m. Eastern time on Tuesday, July 12, 2005.

    Shareholders at the Company's annual meeting on June 23 approved an amendment to the Company's Articles of Incorporation authorizing a stock combination of at least 1-for-10 but no more than 1-for-20 with the exact ratio established by the Board of Directors.

    Following the stock consolidation, DNAPrint genomics will have approximately 62,000,000 shares outstanding.

    "The stock consolidation will enable DNAPrint genomics to access up to $40 million in capital from equity line draws for future growth and potential acquisitions," stated President and Chief Executive Officer Richard Gabriel. "The central focus of our strategic plan is to build up our pharmaceutical division by placing new drugs into the pipeline. At the same time, we plan to expand our forensics division based on the growing success of our product line for law enforcement."

    About DNAPrint genomics, Inc.

    DNAPrint genomics, Inc. ( http://www.dnaprint.com ) is a developer of genomics-based products and services focused on drug development, pharmacogenomic diagnostic tests, forensics technology and consumer genetic tests. The Company's first theranostic product (drug/test combination) is PT- 401, a "Super EPO" (erythropoietin) dimer protein drug for treatment of anemia in renal dialysis patients (end stage renal disease). Currently in pre- clinical development, PT-401 will be targeted to patients with a genetic profile indicating their propensity to have the best clinical response.

    Forward-Looking Statements

    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.

         Company Contact:
         Richard Gabriel
         President and CEO
         941-366-3400
    
              -or-
    
         Ron Stabiner
         The Wall Street Group, Inc.
         212-888-4848
    



    Source: DNAPrint genomics

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    Dnaprint AncestryByDNA Information Site by Independent Investors. DNA Fingerprinting and Testing by DnaPrint Genomics specialize in complex genetic analytics and information resource products for next generations personalized medicine.

    Genotyping, sequencing fingerprinting, testing snp discovery pharmacogenomics personalized medicine forensics eye color, investigative tool DNA DNA print. genomics, polymorphism informatics genome, SNP nucleotide, human artificial intelligence phenomics neural, net pattern, cancer mathematics modeling disease Ancestry familytree dna fingerprint migration chromosome paternal maternal genome bioscience informatics lineage dna print dnaprint.



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    (941) 366-3400

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