GlobalOptions Group, Inc. (NASDAQ: GLOI), a leading provider of domestic and international risk management services, today announced that its Bode Technology unit has entered into formal agreement to provide DNA identification services to authorities in Peru to assist in the identification of victims of conflicts that occurred over the past few decades.
Bode Technology has been selected to assist Peruvian authorities in the identification of Peruvians who went missing during civil conflict between government and rebel forces in the 1980s and 1990s. It is estimated that tens of thousands of Peruvians remain missing and the use of DNA testing will be critical in assisting in the identification process.
Bone samples from the victims and reference samples from family members will be sent to Bode for DNA testing. Profiles obtained from the victim and family reference samples will then be entered into separate DNA databases at Bode. The two databases will then be compared with each other to determine if familial relationships exist between a bone sample and the family reference sample/s. The finding of such a relationship is a strong indication of relatedness. If such a relationship is found, Bode will produce a DNA report that will be submitted to Peruvian authorities.
"DNA is an invaluable tool in identifying victims of wars and conflicts both present and past," said Howard Safir, CEO of Bode Technology, which is a part of GlobalOptions Group. "This project will help families and loved ones address the painful and personal effects of war and the loss of loved ones."
Bode was one of four organizations that provided testimony before the Congressional Human Rights Caucus in September of 2005 detailing the need for identification of the missing in several Latin American countries, including Peru. Congress approved funding for the Latin American Identification Initiative in November of 2005.
About GlobalOptions Group, Inc.
GlobalOptions Group, with headquarters in New York City and offices in 16 cities, is a provider of high-end risk assessment and mitigation services to Fortune 1000 corporations, governmental organizations and high-profile individuals throughout the world. GlobalOptions Group’s services currently include risk management and security, investigations and litigation support, and crisis management. These engagements take GlobalOptions Group staff around the world and are typically highly-sensitive engagements where GlobalOptions Group is interacting with senior leaders in corporations and governments. Its overall mission is to identify, evaluate, assess, prevent and correct issues that may threaten people, organizations or strategic initiatives for corporations or governments. www.globaloptionsgroup.com.
Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements, which statements are made pursuant to the Private Securities Litigation Reform Act of 1994, and as such, speak only as of the date made. To the extent the content of this press release includes forward-looking statements, they involve various risks and uncertainties including the successful integration of acquired businesses and revenue run rates.
Certain of these risks and uncertainties will be described in greater detail in GlobalOptions Group’s' filings with the Securities and Exchange Commission. GlobalOptions Group is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
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