Tag-Test-Track Masterbatch Systems to be Unveiled at the Synthetic Yarn Fiber Association on October 27, 2017
STONY BROOK, N.Y. (October 23, 2017) – Applied DNA Sciences, Inc. (“Applied DNA,” “the Company,” NASDAQ: APDN), has signed a new CertainT® trademark license agreement with Techmer PM (“Techmer”), a respected producer of value added colors and additives for the plastic and fiber industries, and a long standing customer of Applied DNA’s SigNature® T molecular tags. Techmer’s mission is to provide its customers with the best technical support in “problem solving designs for modifying the properties of base polymers.” In the complex world of sustainability, Techmer has embraced Applied DNA’s CertainT platform as a means to prove sustainable sources and ensure product integrity and supply chain transparency.
“Masterbatches” are concentrated additives used to impart qualities or colors to compounded plastics. With the implementation of the CertainT trademark on its SigNature T molecularly tagged PET or recycled PET masterbatch, Techmer is now able to illustrate to its customers, potential customers and downstream supply chain partners the ability to forensically interrogate its high quality source material in all phases of the manufacturing process – from source masterbatch pellet to the end product, allowing Techmer to differentiate itself in a dynamic market.
John Manuck, CEO, Chairman and founder of Techmer stated, “Innovation through collaboration enables our company to partner with state of the art companies such as Applied DNA. A successful 21st century company must be adept at applying new technology through the supply train. Leveraging new ideas and applying design concepts are vital to future growth. Customers want to know where their products were designed and manufactured, and we want to be at the forefront in reliably providing that information.”
“Our new CertainT collaboration with Techmer through increased use of our tag in their masterbatch programs will immediately help their customers,” said Dr. James Hayward, President and CEO of Applied DNA. “By expanding our existing relationship to include trademark licensing, Techmer highlights the growing awareness and adoption of our CertainT platform with a public-facing trademark that stands for authenticity, transparency and performance.”
Applied DNA Sciences and Techmer will be co-presenting at the Synthetic Yarn Fibers Association Fall Conference in Charlotte, North Carolina on October 27, 2017.
About Techmer PM
Techmer PM, LLC, headquartered in Clinton, Tennessee, is a major producer of value-added masterbatch and engineered compounds for the plastics and fiber industries. The company manufactures and sells masterbatch under its Techmer PM brand and engineered thermoplastic compounds through its Techmer ES subsidiary. The company has worldwide manufacturing capabilities focusing on high-performance applications where quality, technical support, and problem solving are critical. Techmer PM was recently recognized by Plastics News on its“Best Places to Work 2014” list. Learn more about the company by visiting techmerpm.com.
About Applied DNA Sciences
Applied DNA is a provider of molecular technologies that enable supply chain security, anti-counterfeiting and anti-theft technology, product genotyping and DNA mass production for diagnostics and therapeutics.
We make life real and safe by providing innovative, molecular-based technology solutions and services that can help protect products, brands, entire supply chains, and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. The proprietary DNA-based “CertainT®” platform can be used to identify, tag, test, and track products, to help assure authenticity, origin, traceability, sustainability and quality of products.
SigNature® DNA describes the core technology ingredient that is at the heart of a family of uncopyable, security and authentication solutions such as SigNature®T and fiberTyping®, targeted towards textiles and apparel, BackTrac™ and DNAnet®, for anti-theft and loss prevention, and digitalDNA®, providing powerful track-and-trace. All provide a forensic chain of evidence, and can be used to prosecute perpetrators. Applied DNA Sciences is also engaged in the large-scale production of specific DNA sequences using the polymerase chain reaction.
The statements made by APDN in this press release may be “forward-looking” in nature within the meaning of the Private Securities Litigation Act of 1995. Forward-looking statements describe APDN’s future plans, projections, strategies and expectations, and are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of APDN. Actual results could differ materially from those projected due to our short operating history, limited financial resources, limited market acceptance, market competition and various other factors detailed from time to time in APDN’s SEC reports and filings, including our Annual Report on Form 10-K filed on December 6, 2016, and our subsequent quarterly reports on Form 10-Q filed on February 9, 2017, May 11, 2017 and August 10, 2017 which are available at www.sec.gov. APDN , undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date hereof to reflect the occurrence of unanticipated events, unless otherwise required by law.
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