August 4, 2005

Dear Shareholder,

As you know, we recently acquired Trace Genetics, Inc., a California-based forensic testing company. During the acquisition process, we were pleased to discover that our existing forensic products might be complimented by Trace's own DNA testing experience.

As you may have also noticed in a recent Company announcement, we have added DNAWitness™-Y and the DNAWitness™-Mito tests, two new products resulting from the Trace acquisition. The DNAWitness™-Mito test specifically tests mitochondrial DNA. The results are useful for cases where the quantity of biological material left behind is very small, such as what might be found in a catastrophic disaster, historic cases using ancient evidence, or cases with "whitewashed" crime scenes. DNAWitness-Mito testing is also useful for inferring the genetic ancestry of a person's matrilineal line (maternal grandmother, and her maternal grandmother etc.) DNAWitness™-Y tests the male Y-chromosome and is commonly used for human identification in rape cases, and for determining the genetic ancestry of a male's patrilineal line (paternal grandfather and his paternal grandfather etc.).

These new services are added to the existing DNAWitness 2.5 and EUROWitness 1.0 assays, which are pan-genome tests for the inference of genetic ancestry contributed by all of a person's ancestors (not just the patrilineal and matrilineal ancestors). The genetic ancestry information contributed by all four of these tests is useful for forensics scientists because empirical databases can be used to relate a suspect's genetic ancestry percentages to ranges of likely physical traits -- in effect providing a fuzzy photograph. Though these pan-genome assays provide information that is often more technically accurate than that provided by human eye-witnesses, it is derived from an average of a person's ancestors, whereas the new DNAWitness™-Y and the DNAWitness™-Mito tests can provide information about a specific part of the person's family tree. The method of relating ancestry information to physical description is covered in one of our several on-going patent applications and we believe we are one of the first to unlock the door to this promising area of forensic science.

We are pleased to expand our forensics testing service menu. In addition, we recognize that to expand our market, we need to transform our technology from services to kits. We are working hard to make this happen. The Trace acquisition has given us additional intellectual power to develop new tests and one of the first benefits we gain from having Trace scientists on board is their ability to take on the kit development projects at their Richmond, Calif., laboratory and complete a second validation of the work completed here in our Florida labs. Trace Genetics' scientists are world-class geneticists. You may also be interested to know that they are experts on Ancient DNA methods -- a very demanding and difficult branch of genetic science. In the past, they have extracted and run some of the oldest human DNA samples known - 10,300 years old. More recently they extracted and reported on DNA from a 30-year-old licked envelope and stamp.

Additionally, Trace Genetics has one of the best Native American Tribal databases and is always expanding and adding to it. We had accumulated a world-class collection of Indigenous American samples prior to the Trace acquisition and the combination of our resources places us in the pole position to develop diagnostics and therapeutics to serve this traditionally underserved community. As you may know, sample resources are a crucial part of any drug development program. As we build our resources we hope to place DNAPrint among the world leaders in applying genetic science to products and services that contribute to a better quality of life.

We hope you share our excitement in the release of two new forensic testing services now offered by DNAPrint resulting directly from the Trace acquisition -- DNAWitness™-Y and DNAWitness™-Mito. Our expanded forensic services now include:

DNAWitness™ 2.5 -- Our standard test to determine the percentage of inherited genetic ancestry from a DNA sample and to develop a person of interest description from the test results. This test is the cornerstone of the DNAPrint Forensic services. The test, and its earlier version, DNAWitness 2.0, were used on such notable cases as the Louisiana Serial Killer, Concord California Murder, Mammoth Lakes Murder, Scotland Yard and the London Metropolitan Police's Minstead Serial Rapist, Denver Chase Murder and other cases that cannot be discussed due to confidentiality measures. To date, we have provided our services to more than 100 criminal investigations across the U.S., Canada and the UK. If a DNA sample reflects 50% or more Indo European ancestry, then detectives have the option of running several additional tests that were previously unavailable.

Retinome™ -- A predictive test for individual eye color from DNA. Retinome predicts eye color if the sample is 50% or greater European ancestry as to whether eye color is blue, mostly blue, brown or mostly brown. This is a significant breakthrough for detectives, forensic scientists and medical examiners as it will allow them to develop one additional piece of information on the victim or the person of interest. We have recently completed participation in our fifth Retinome test for criminal investigations.

Euro-Witness™ --Tests crime scene DNA to determine more specific geographic origins if the test sample ancestry is 50% or more Indo-European. EuroWitness 1.0 expands our previous DNAWitness test, which includes the four major groups of Indo-European, Sub Saharan African, Native American and East Asian and now provides a BioGeographical Ancestry report that also includes relative percentages of four additional categories: Northwest European, Southeastern European, Middle Eastern and South Asian (India and Pakistan) Euro-Witness has recently been used in two cases where the Indo-European ancestry from the DNAWitness 2.5 test was 50% or greater. This resulted in investigators being able to develop a more detailed description of the suspect or victim from the DNA sample.

STR-Witness™ -- A standard test used as a bar code to track and report DNA samples. STR is the same test used for determining the identity of an individual from a DNA sample. Crime labs run this test to screen the CODIS database (FBI's Combined DNA Index System database) for possible matches. We also use this test for multiple samples to track and record STR DNA samples for future reference. STR-Witness can be utilized in multiple murders or multiple rapes in particular locations where the CODIS system is not showing any quick reference for detectives or forensic scientists. A high probability match indicates related criminal activities, possibly across multiple crime scenes. Forensic laboratories will always follow up with their own STR analysis for criminal prosecution.

Now, in addition to these tests, we are also offering the following two new tests developed by Trace Genetics to our forensic customers:

DNAWitness-Y is a new Y-chromosome test that determines the direct paternal ancestral lineage from the male sex chromosome and can be used as an identification tool in cases where mixtures of male and female samples exist.

DNAWitness-Mito is a new mitochondrial DNA test that examines ancestral lineages along the maternal line and can be used as an identification tool when other DNA testing fails to yield results or the DNA might be too deteriorated.

We continue to expand our efforts in the forensic market. We are participating in the International Forensic Sciences meeting being held in Hong Kong on August 21-25. Part of our scheduled presentation will demonstrate how our technology is utilized in criminal investigations and its relative simplicity. We continue to seek additional opportunities, including acquisitions, product offerings and licensing agreements within the forensic market. Our goal is to keep our science at the cutting edge of the forensic science community, challenging it to use our technology and providing it more tools for DNA identification. .

I appreciate your confidence in DNAPrint genomics and your support.

Thank you,

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