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BMW Dealers in Sweden Expand DNA Asset Marking Program
February 16, 2017
STONY BROOK, NY--(Marketwired - February 16, 2017) - Applied DNA Sciences, Inc. ("Applied DNA") (APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, announced that the company's DNA marking product is now being offered by Swedish BMW dealers to prior purchasers of their luxury automobiles.
With growing support for DNA tagging in Scandinavia through multiple insurance and automobile brands, management expects revenues for automotive tagging to increase to over $750,000 in calendar year 2017.
Countrywide advertisements for the new service offer began appearing late last year. Dealers offer clients a service to mark and protect older vehicles, and also fit an alarm system during the time of routine maintenance. Vehicle owners are then handed the marking vial to use to protect other assets in their homes.
The program expansion follows Applied DNA's announcement last year that Swedish importers of BMW automobiles were using "smartDNA®" (the Scandinavian brand of the company's SigNature® DNA) in a program designed to provide the vehicle owners with a theft deterrent solution to protect their vehicle. Applied DNA's Swedish distributor, Safe Solution SmartDNA AB, was awarded a two-year contract for protecting a minimum of 2,000 vehicles per month. The program has proven effective in curbing thefts by over 80% and facilitating prosecution of "chop shop" criminals. Once marked with SigNature DNA, components can be traced back to a specific vehicle, and there have been numerous cases where this has assisted police already.
Said Dr. James Hayward, president and CEO of Applied DNA Sciences: "Police departments in the US and throughout Europe and the UK, have shown strong interest in DNA-based asset marking. We are gratified by the participation of the brands, legislators and insurers who have endorsed our programs. The use of our forensic evidence in effective prosecution adds to our reputation as an effective deterrent, and enhances our value proposition. We are working hard to grow this business vertical in additional geographies."
American Consumers to Manufacturers: It better be 100% what you say it is or we are not buying, especially if it involves child or forced labor
January 18, 2017
STONY BROOK, NY--(Marketwired - January 18, 2017) - Applied DNA Sciences, Inc. (APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, announced the results of a cotton survey conducted by Harris Poll.
Home goods and apparel manufacturers: Consumers are voicing their concerns. With a new president focused on protecting products born in the USA, consumers may be looking more closely at product origins, and could demand more transparency. Thirty percent of Americans said that they would completely stop purchasing a brand if they made a false product claim about a bedding/clothing product being 100% organic, 100% Pima cotton, or other claim of this type, while roughly three in five Americans (61%) say if they found a brand made their bedding/clothing products from raw cotton that was picked by child laborers /forced laborers, they would no longer purchase the brand. These statistics are part of a recent survey of over 2,000 US adults 18 and over, conducted online in December 2016 by Harris Poll on behalf of Applied DNA Sciences, that develops DNA-based technology to help justify product claims, ensure authenticity and provide an additional level of transparency across global supply chains.
Citing scientific proof of product claims as a key factor in consumer purchase decisions, the survey yielded telling insights involving product trust and how that trust influences the final decision to purchase or not:
Over three quarters of Americans (76%) say when a product claim indicates cotton bedding/clothing is 100% organic, 100% Pima cotton, etc. they believe it is true.
One quarter of Americans (25%) say if they discovered that a brand claimed a cotton bedding/clothing product was 100% organic, 100% Pima cotton, or other claim of this type, and it turned out not to be true, it would have a lot of negative impact on their likelihood to purchase that brand and 3 in 10 (30%) say it would completely stop them from purchasing that brand.
78% of Americans say if a cotton bedding/clothing product claimed to be 100% organic, 100% Pima cotton, or other claims of that type, and all else was equal, they would be likely to buy a brand that showed scientific proof of its claim over one that did not.
Nearly one third of Americans (32%) say if they found out a brand that claimed to make their bedding/clothing products from cotton grown in the US but actually used a blend of cotton grown in the U.S. and China, they would purchase less frequently from that brand.
Roughly three in five Americans (61%) say if they found out a brand made their bedding/clothing products from raw cotton that was picked by child laborers/forced laborers, they would no longer purchase from that brand.
"This survey reaffirms what we have known all along," said Dr. James A. Hayward, CEO of Applied DNA Sciences. "Consumers want authentic products and want to trust in what they are buying. They have no interest in bringing a product into their home that has been born of any kind of forced labor. Our primary aim is to cleanse the cotton supply chain and by that, I mean eliminating any diversion, any mislabeling, any counterfeiting that can take place throughout the cotton supply chain. An ideal way to ascertain the true identity of a natural commodity is to use the DNA that nature gave that commodity or to mark it with a manufactured DNA. This enables the cotton to be traced to where it was picked before it went into the ginning process that cleans away seed and other debris for packaging into bails to ship around the world for spinning, dyeing and to make into clothes."
Survey Methodology:
This survey was conducted online within the United States by Harris Poll on behalf of Applied DNA Sciences from December 27-29, 2016 among 2,015 U.S. adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact Kristen Bujold.
All sample surveys and polls, whether or not they use probability sampling, are subject to multiple sources of error which are most often not possible to quantify or estimate, including sampling error, coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments. Therefore, the words "margin of error" are avoided as they are misleading. All that can be calculated are different possible sampling errors with different probabilities for pure, unweighted, random samples with 100% response rates. These are only theoretical because no published polls come close to this ideal.
Respondents for this survey were selected from among those who have agreed to participate in our surveys. The data have been weighted to reflect the composition of the adult population. Because the sample is based on those who agreed to participate in the online panel, no estimates of theoretical sampling error can be calculated.
About The Harris Poll®
Over the last 5 decades, Harris Polls have become media staples around the world. Frequent polls tap into a representative sample of Americans of all ages, genders, income and ethnic backgrounds. From sports to health, politics to the economy, the Harris Poll reflects Americans' opinions on a wide range of topics and are regularly published by national, local, consumer, business and trade media outlets. Harris Poll offers a diverse portfolio of proprietary client solutions to anchor and propel communications campaigns. Armed with relevant insights on public opinion, public and private sector clients harness the power of the Harris Poll to gain both credibility and coverage to drive their desired business outcomes.
Go to 7 min 20 seconds and they start talking about APDN
http://www.bbc.co.uk/programmes/p04kkw4x
Applied DNA Sciences Provides Farm-to-Finished Goods Traceability in Long Term Arrangement with Key US Retailer
December 14, 2016
STONY BROOK, NY--(Marketwired - December 14, 2016) - Applied DNA Sciences, Inc. ("Applied DNA or the Company") (APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, is pleased to announce that through one of its partners, the Company will provide its SigNature T DNA products and services platform to empower textile supply chain security for one of the largest US-based retailers over an extended multi-year period with established revenue thresholds.
Early products are hitting stores now after tagging in FY15. A larger launch is yet to come.
Stated Dr. James A. Hayward, President and CEO of Applied DNA Sciences, "The textile industry is under increased pressure to deliver high quality products at competitive prices. Price competition can lead to compromise in the supply chain. The retailer that selected SigNature T over and above any other system in the world did so because they learned first-hand what it means to truly know your supply chain. Assuring quality in complex global supply chains is no small task and is too often under-estimated. It requires commitment not only in time and resources, but a genuine belief that if you start with the purest fiber, your trusted network will keep it in your product to perform as nature intended."
Applied DNA's flagship SigNature T DNA platform is used for tagging cotton fibers at the source gin followed by forensic authentication of the textiles product itself from fiber to finished goods. The adoption of the SigNature T platform, as opposed to any other taggant, provides forensic proof of identity and purity using genotyping of species, and authentication of the SigNature T tag at every step for full end-to-end traceability. The tagging and testing process and data are managed through the Company's digitalDNA® cloud-based platform.
"Consumer buying decisions are increasingly linked to authentic practices promised by retailers and brands. We believe this is a model for other retailers and brands looking to make a difference with their consumers by acting from farm-forward in their supply chain to produce, market and sell a genuine product that is like no other. SigNature T is the core of a truly global platform that gives retailers and brands an unbeatable advantage in transforming the entire supply chain to keep their textiles real and safe," commented Dr. Hayward.
Applied DNA Sciences is collaborating with other leading industry partners, brands and retailers in expanding the application of SigNature T for other textile fibers, yarns and fabrics requiring proof-of-origin and claims support for traceability, sustainability and quality.
About Applied DNA Sciences
We make life real and safe by providing botanical-DNA based security and authentication 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. Our patented DNA-based solutions can be used to identify, tag, track, and trace products, to help assure authenticity, traceability and quality of products. SigNature® DNA describes the platform ingredient that is at the heart of a family of uncopyable, security and authentication solutions such as SigNature® T and fiberTyping®, targeted toward textiles and apparel, 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. We are also engaged in the large-scale production of specific DNA sequences using the polymerase chain reaction.
Go to adnas.com for more information, events and to learn more about how Applied DNA Sciences makes life real and safe. Common stock listed on NASDAQ under the symbol APDN, and warrants are listed under the symbol APDNW.
Forward-Looking Statements
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, which is 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.
Good Morning Rode, I'm expecting a few more releases before 6 Dec. Hoping, more Poof of Concept and Pilot studies are done which lead to commercialization.
Thanks APND1 & Mike, here is another one.
ITL Group and Applied DNA Sciences partner to develop anti-counterfeit 'SigNature DNA' printed fabric label solution
November 22, 2016
STONY BROOK, NY--(Marketwired - November 22, 2016) - The ITL Group, an international apparel label solutions company owned by SA Bias Industries, has today announced a partnership with Applied DNA Sciences (Applied DNA) (APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions to marry Applied DNA's revolutionary SigNature® DNA forensic marking system with ITL's printed fabric care labels to support global apparel and footwear brands and retailers in their on-going battle against product counterfeiters.
Applied DNA has demonstrated feasibility of SigNature DNA forensic authentication and Beacon™ optical screening technology integrated with ITL's wet ink solution for fabric care labels, creating a multi-layer anti-counterfeit solution. The technology is intended to be applied to printed fabric labels (PFL), either via the supply of a stand-alone PFL or through integration of their existing washcare labels. Further testing and development is required to validate through the product lifecycle prior to general market availability, with an interest by ITL to conduct further trials on their range of heat transfer labels. A solution is expected to launch in the near future.
ITL's European Sales and Marketing Director, Simon Phelps commented. "Counterfeiting continues to be one of the most significant problems within our industry and accounts for around 10% of global GDP. The growth of on-line pop-up's selling full price fakes has only exacerbated the issue in recent years and new research has shown that now for every one consumer who knowingly buys a counterfeit product, there are another 30 or so who purchase unwittingly."
Applied DNA designs and formulates the DNA with Beacon-encrypted fluorescence in ITL ink at their US Laboratories. The botanically-derived DNA delivers 100% individuality, forming the basis of unquestionable evidence of authenticity for any brand seeking to bring a prosecution against a found counterfeiter of labels.
Whilst the SigNature DNA authenticity tests can be verified forensically in the field or on site or in the Applied DNA laboratories, the integration of Beacon technology provides the means for brands to conduct their own 'rapid read' checks on suspected items in the field.
"What excites us most about our solution is that whilst the application of Applied DNA's SigNature DNA makes it completely secure and uniquely identifiable, the breakthrough is in the Beacon which is completely hidden until it's unlocked by the reaction to the chemicals built into the swab," stated Simon Phelps.
A proprietary chemical compound placed within the ink, which is completely invisible under normal or ultraviolet lighting conditions illuminates only when rubbed with a specific swab device that will be supplied by ITL to the brands. This reaction produces the 'Beacon' illumination effect on the end of the swab which is then detected when shone with a UV torch. In effect, a 'lock and key' solution is created for field screening of the SigNature DNA mark to support forensic DNA authentication conducted remotely.
"As a result, brand inspectors are able to make quick checks without receiving unwanted attention and can tell instantly if the product is marked with SigNature DNA. The beauty of the solution is that whilst the science behind it makes it the most credible anti-counterfeit application available, the cost of integrating it into a printing process is relatively low and therefore makes it immediately affordable for a brand to implement." added Simon Phelps. Tony Benson, Applied DNA Managing Director, EMEA agrees "We have perfected the capabilities of our SigNature DNA and Beacon technologies for a wide range of authentication applications in print and packaging and we are delighted to partner with ITL on this project as it adds yet one more tool to help protect consumer goods in a cost effective, globally available solution. ITL's capabilities in that regard are class leading".
About ITL
ITL is a global provider of Apparel Label Solutions -- supporting brands, retailers and manufacturers all around the world with a comprehensive range of products and services aimed at optimising brand identity and supply chain performance.
The group owns widespread printing and weaving operations across a number of key needlepoint locations including China, Bangladesh, India, Sri Lanka, Vietnam, Turkey, Mexico and South Africa.
With over 30 years' experience, the company supplies some of the best known names in the industry with a wide range of products including wash-care labels, woven labels, variable data tags and stickers, promotional hang tags and packaging, heat transfers, brand protection and RFID solutions.
www.itl-group.com
About Applied DNA Sciences
We make life real and safe by providing botanical-DNA based security and authentication 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. Our patented DNA-based solutions can be used to identify, tag, track, and trace products, to help assure authenticity, traceability and quality of products. SigNature® DNA describes the platform ingredient that is at the heart of a family of uncopyable, security and authentication solutions such as SigNature® T and fiberTyping®, targeted toward textiles and apparel, 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. We are also engaged in the large-scale production of specific DNA sequences using the polymerase chain reaction.
Go to adnas.com for more information, events and to learn more about how Applied DNA Sciences makes life real and safe. Common stock listed on NASDAQ under the symbol APDN, and warrants are listed under the symbol APDNW.
Forward-Looking Statements
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 14, 2015, and our subsequent quarterly reports on Form 10-Q filed on February 10, 2016, May 12, 2016 and August 11, 2016 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.
A relatively new video is out. Happy Thanks giving all!
Applied DNA Sciences to Announce Fourth Quarter and Fiscal Full Year 2016 Financial Results on December 6, 2016
Marketwired MarketwiredNovember 21, 2016
STONY BROOK, NY--(Marketwired - November 21, 2016) - Applied DNA Sciences (Applied DNA), Inc. (APDN), a provider of DNA-based supply chain, anti-counterfeiting, authentication, genotyping and anti-theft technologies, today announced that it will issue its fourth quarter and fiscal full year 2016 financial results on Tuesday, December 6, 2016 after market close.
The company will conduct a conference call and webcast to review its results the same day at 4:30 pm ET/1:30pm PT. Applied DNA President and CEO, Dr. James Hayward, and Chief Financial Officer, Beth Jantzen, plan to discuss the company's performance and achievements and outline key ongoing and future business initiatives on the conference call. Management's remarks will be followed by a question-and-answer session. The conference call and webcast will be accompanied by a PowerPoint presentation, which will be made available for download on the Company's website at the start of the call.
Applied DNA Sciences Signs Reseller Agreement with Action-Pak, Inc.
November 17, 2016
STONY BROOK, NY--(Marketwired - November 17, 2016) - Applied DNA Sciences, Inc. (Applied DNA) (APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, has signed a reselling partnership agreement with Action-Pak, Inc. a contract packaging services provider for military and commercial supply chains.
Action-Pak will be offering DNA-based products, starting with tamper-evident labels that feature SigNature® DNA with Beacon™ optical technology. The packager will also stock Beacon kits, which will allow for supply chain participants to perform rapid in-field validation of DNA labels.Future plans include additional in-field validation kits, including Applied DNA's proprietary Multi-Mode Reader.
Action-Pak participated in a logistics pilot project that used SigNature DNA labels as part of a cloud-based "track and trace" simulation under Applied DNA's recently completed Rapid Innovation Fund (RIF) contract. The pilot project proved out validation and authentication solutions the packaging provider will be offering to customers as commercial, ready-to-use products.
Ira J Smith, Action-Pak CEO and President, commented, "Having participated with Applied DNA in a successful pilot of their forensic authentication and tracking solution, and recently selling DNA labels to a Prime defense contractor, we are delighted to offer this solution to both military and commercial customers. Although our immediate focus is supporting and delivering a solution for military suppliers, we are keen to introduce this technology to our entire customer base, which spans from food to pharmaceuticals to retail consumer goods. We strongly believe that DNA will become a low cost solution for preventing counterfeit products from entering supply chains."
Bob MacDowell, Applied DNA Director of Government and Military Programs, added, "Action-Pak services a broad base of military, industrial and commercial suppliers that touch multiple industries. As we transition work performed under our US Government contracts into fully commercialized products and solutions, our go-to-market strategy includes distribution via key channel partners, such as Action-Pak."
Action-Pak has been servicing U.S. Government suppliers since 1979, with over 250,000 square feet of FDA, food and non-food grade facilities.Action-Pak complies with military, government and commercial standards that meet or exceed ISO requirements. A resident government inspector is stationed at the facility to ensure quality control.In addition, Action-Pak is FDA registered, organic certified, and UL inspected for relabeling & 510 K medical kit assembly.
Applied DNA Sciences Awarded Contract by the U.S. Defense Logistics Agency
November 15, 2016
STONY BROOK, NY--(Marketwired - November 15, 2016) - Applied DNA Sciences, Inc. (Applied DNA) (APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, announced today that the U.S. Defense Logistics Agency (DLA) has awarded the company a one-year firm-fixed price Indefinite Delivery Purchase Order (IDPO) contract for FSC 5962 microcircuits. This contract will ensure uninterrupted support of the current DNA program in place since December 2014 at the Product Test Center (PTC) located at the Agency's Land and Maritime facility in Columbus, OH. This long-term contract (LTC) will provide supplies and services for DNA marking, creation of unique SigNature® DNA marks, QC authentication testing, ink and supplies, and training. Also included in support of the effort is the customer facing portal which is the platform that was developed for use by PTC to capture data appropriate to the FSC 5962 commodities. The period of performance is one year with an additional one-year option period.
"We are proud that our DNA program supports DLA in its strategic effort to identify and manage supply system risks," commented Janice Meraglia, Vice President of Government and Military Programs for Applied DNA. "Collaboration with the team at Land and Maritime has allowed for smooth, continuous improvements as we partner on a full forensic solution including people, process and technology."
While the focus of this new contract is on FSC 5962 microcircuits to support existing systems, two additional contracts were completed at the end of July and August 2016. One for the Missile Defense Agency -- Small Business Innovative Research (SBIR) -- and one for the Office of the Secretary of Defense -- Rapid Innovation Fund (RIF). The SBIR allowed for continuation of the effort focused on microcircuits and scale-up of the business model to support volume at the point of manufacture. The RIF expanded upon the DNA program in place for FSC 5962 to establish a single authentication platform for the following six FSGs (as prioritized by DLA):
FSG 59 -- Electrical and Electronic Equipment Components
FSG 31 -- Bearings
FSG 25 -- Vehicular Equipment Components
FSG 29 -- Engine Accessories
FSG 47 -- Pipe, Tubing, Hose, and Fittings
FSG 53 -- Hardware and Abrasives
"Together these contracts have strengthened our core capabilities to offer supply chain solutions across an expanded range of critical commodities," said Dr. James A. Hayward, president and CEO of Applied DNA. "These parts and assemblies are used in defense, industrial and consumer markets," he added.
About Applied DNA Sciences
We make life real and safe by providing botanical-DNA based security and authentication 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. Our patented DNA-based solutions can be used to identify, tag, track, and trace products, to help assure authenticity, traceability and quality of products. SigNature® DNA describes the platform ingredient that is at the heart of a family of uncopyable, security and authentication solutions such as SigNature® T and fiberTyping®, targeted toward textiles and apparel, 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. We are also engaged in the large-scale production of specific DNA sequences using the polymerase chain reaction.
Go to adnas.com for more information, events and to learn more about how Applied DNA Sciences makes life real and safe. Common stock listed on NASDAQ under the symbol APDN, and warrants are listed under the symbol APDNW.
Forward-Looking Statements
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 14, 2015, and our subsequent quarterly reports on Form 10-Q filed on February 10, 2016, May 12, 2016 and August 11, 2016 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.
Not sure if this has already been posted or not.
http://www.dla.mil/AboutDLA/News/NewsArticleView/Article/958928/dna-marking-technology-improves-quality-through-fraud-prevention/
DNA marking technology improves quality through fraud prevention
By Michael L. Jones | DLA Land and Maritime Public Affairs | September 29, 2016
COLUMBUS, Ohio --
The Defense Logistics Agency is investigating the expanded use of DNA marking technology as a quality assurance method within its microcircuit supply chain since learning of its innovative use in 2009. Representatives from Applied DNA Sciences, the company contracted by DLA, provided a research and development update on DNA marking (trademarked as SigNature DNA) to DLA associates during a Sept. 8 visit to Columbus, Ohio.
“This technology represents one of our more innovative initiatives that positively impacts the parts we supply to our warfighters,” said acting DLA Land and Maritime commander James McClaugherty. “We’re looking forward to strengthening the partnership we’ve forged with Applied DNA Sciences and share their enthusiasm about improving our supply chain integrity through our combined research and development efforts.”
The Applied DNA Sciences team began its presentation with a short video on the critical need to improve the integrity of the armed services' supply chain across a wide variety of parts. Specific attention was placed on improving traceability and authentication capabilities and the direct benefits to both manufacturers and customers.
Janice Meraglia, vice president of Government and Military Programs talked about some of the company’s more recent developments. “We just completed two contracts that have tremendous potential, and we’re using those achievements to better support supply chain integrity across a number of agencies. We’re currently working with three Department of Defense and three non DoD agencies to further incorporate the DNA-marking solutions.”
The DLA Land and Maritime Product Test Center established its DNA-marking lab in 2014 and has marked more than 120,000 microcircuits that support numerous military applications. More than 700,000 microcircuits have been DNA marked and are in circulation.
Since that time, Applied DNA Sciences has secured advanced accreditations and certifications that have expanded its capabilities, enabling the company to secure additional contracts. One of the contracted programs awarded to Applied DNA Sciences was a two-year Rapid Innovation Program.
The RIF provides increased capacity and enables expanded marking and authentication options across a wider range of commodities. RIF also offers varied levels of customization for manufactures to incorporate DNA at differing points in their processes, effectively providing more capability over a wider number of products.
The RIF is being implemented in coordination with the Small Business Innovative Research contract also awarded to Applied DNA Sciences. The SBIR focuses more directly on scaling up the capabilities of DLA’s microcircuit anti-counterfeiting efforts. Benefits gained from SBIR include improved in-field validation and authentication along with higher volume marking capacity.
“We worked closely with DLA subject matter experts to develop and introduce an improved process to review parts, streamline paperwork and provide other process improvements to help improve the program,” said Meraglia. “And that partnership has enabled us to enhance product traceability, while also introducing additional turnkey solutions to mark, validate and authenticate items more effectively.
Improved pre-production, in-production and post-production marking capabilities have been created using devices ranging from robotics to manual applications. Another method in development involves infusing DNA material during the injection molding processes used to manufacture O-rings, gaskets, and similar sealant parts.
Applied DNA also showcased a new, cloud-based track and trace platform called Digital DNA. Their team worked with the Columbus lab to capture part information that may be used in future authentication applications. The expectation is that as this technology advances it will enable qualified suppliers to more reliably track and handle test results, process administrative actions such as ink orders and maintain training documents. “We envision it as more like a one-stop shopping option for companies which will improve efficiencies and supply chain visibility,” Meraglia explained.
“We have a great working relationship with DLA and are totally committed to providing improved capabilities to help DLA and other DoD agencies complete their mission.”
Thanks Yip, hope all is well with you across the pond. I believe they are proving that commercialization can be done across all the verticals.
It has been a long wait. I'm still waiting on the Pharma announcement. Seems like the commercialization process is getting more and more refined.
Yw Mike, another step towards commercialization efforts. GLTA!
Applied DNA Sciences to Present at the 190th International Elastomer Conference
October 12, 2016
STONY BROOK, NY--(Marketwired - October 12, 2016) - Applied DNA Sciences, Inc. ("Applied DNA") (APDN), a provider of DNA-based supply-chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, has been invited to present at the 190th International Elastomer Conference 2016 being held on October 11th through 13th at the David L. Lawrence Convention Center in downtown Pittsburgh, PA.
Applied DNA's Vice President of Life Sciences, Dr. Mike Hogan, will present a technical paper titled: Blending SigNature® DNA into Silicone Rubber. The paper will review collaborative work performed between Applied DNA and SAS Industries, Inc. to embed SigNature DNA markers into base materials used to manufacture molded, heat cured silicone O-rings, gaskets, and sealant parts for the U.S. military and aerospace industries. The two base materials studied include Liquid Silicone Rubber (LSR) and a conductive microsphere composite of silicone, copper and silver microspheres (SAS Sealtron® 1068). The paper, which has also been submitted for publication in the Rubber Chemistry and Technology Journal, details data proving the first "information rich" molecular marking of engineered, military-grade and commercial synthetic materials.
Dr. Mike Hogan commented, "This work provides the first evidence that DNA-encoded information may now be thought of as an ordinary component of an engineered solid (silicone) material used for commercial purposes. Manufacturers of rubber composite materials can incorporate our DNA not only as an authentication and traceability tool, but also as a means to embed pertinent information directly into their products."
Please click here for presentation location, date and time: http://rubber.confex.com/rubber/190/webprogram/Paper16135.html
Applied DNA Sciences Expands SigNature T Cotton Tagging With Launch of Fully-Automated DNA Transfer Systems in Arkansas, California and Texas Gins
October 11, 2016
STONY BROOK, NY--(Marketwired - October 11, 2016) - Applied DNA Sciences (Applied DNA), Inc. (APDN), a provider of DNA-based supply chain, anti-counterfeiting, authentication, genotyping and anti-theft technologies, today announced it is expanding the use of its proprietary, SigNature® T DNA technology to cotton gins in Arkansas, California and Texas, with the launch of its fully automated DNA Transfer Systems. The new systems are equipped with real-time monitoring, security and data capture, ensuring efficient and consistent DNA tagging of cotton fibers during ginning.
"We worked in collaboration with our cotton team, including the growers, ginners, and our merchant, Louis Dreyfus, to prepare and install our technology for both pima and upland cotton for this month's harvest," said Brian Viscount, director of product development at Applied DNA Sciences. "The fully automated systems will be used in tandem with our real-time, SigNify® On-Site DNA verification systems, establishing authenticity and integrity at the beginning of the cotton supply chain."
The new DNA Transfer Systems are designed to handle higher volumes of SigNature T tagging, including the previously announced increase of 50 million lbs of HomeGrown™ Lonestar and 10 million lbs of HomeGrown Acala upland cottons. Gins trained and certified in SigNature T will apply the technology for the October harvest. For traceability from "source to shelf," upland cotton can be used to produce home textiles such as towels and rugs.
"We provide certainty to a very complex textile supply chain," said Dr. James Hayward, president and CEO of Applied DNA. "We offer an end-to-end platform that enables users to stay one step ahead. In just one DNA tagging campaign, entire companies and countries can be certain that their reputations for quality, integrity, and sustainability are preserved, from the source all the way to the shelf."
Track-and-trace continues through the supply chain, with fiber, yarn and fabric sample genotyping and SigNature T DNA tagging and authentication managed through the digitalDNA® textiles portal. A forensic and data-driven approach for assuring quality and label compliance will continue to reduce reliance on paper documentation, which often is not sufficient to prove origin or to substantiate label claims. In the end, retailers, manufacturers and consumers will now know that the final product comes from the same cotton that left the gin at the beginning of the supply chain.
Thanks AP1, maybe we will make up that difference in another vertical.
Applied DNA Sciences Introduces SigNature(R) DNA Molecular Taggants to Pharmaceutical Supply Chain Leaders at the 5th Annual Pharma Anti-Counterfeiting and Serialization Conference in London September 14, 15, 2016
STONY BROOK, NY--(Marketwired - September 14, 2016) - Applied DNA Sciences (Applied DNA), Inc. (APDN), a provider of DNA-based supply chain, anti-counterfeiting, authentication, genotyping and anti-theft technologies, is introducing its SigNature® DNA Molecular Taggant to pharmaceutical supply chain experts, regulators and leaders from the pharmaceutical industry.
Speaking at the conference about the role of innovation in the supply chain will be Applied DNA's Chief of Business Development, Mr. Bob Miglani. A former 23 year executive from Pfizer Inc. in New York, Mr. Miglani will share insights and trends from the textile industry which might offer learnings for pharmaceutical companies as to new technologies and approaches to reducing risk in the pharmaceutical supply chain.
"We are living in disruptive times. This is especially true for those who are responsible for sourcing and supply chain management in a pharmaceutical company. From ensuring compliance with international laws to sourcing quality raw ingredients from around the world to fighting counterfeit trade, pharmaceutical supply chain managers face enormous challenges. That's why we at Applied DNA help supply chain managers ensure quality, authenticity and compliance through the adoption of our SigNature DNA Molecular Taggants," stated Mr. Miglani.
Powered by unique and customized botanical-based SigNature DNA, Applied DNA's molecular taggants can be deployed on the pharmaceutical inks which imprint on the tablet or capsule, or on the coating on tablets, which ensure a mark of authenticity for regulatory inspectors and patients alike. Applied DNA's SigNature DNA Molecular Taggants satisfy the principles established by FDA Guidelines for inclusion in pharmaceuticals.
Applied DNA Sciences Expands US Cotton Tagging Business With Launch of New "HomeGrown Lonestar(TM)" Program and Order to Mark 50 Million Pounds of Cotton
STONY BROOK, NY--(Marketwired - September 07, 2016) - Applied DNA Sciences (Applied DNA), Inc. (APDN), a provider of DNA-based supply chain, anti-counterfeiting, authentication, genotyping and anti-theft technologies, expanded its US cotton tagging business by 50 million pounds as part of its newly launched HomeGrown Lonestar™ program within the 2016 US cotton harvest. The cotton varietal tagged as Lonestar comes from the famous cotton territories of West Texas. Applied DNA received an order for SigNature T DNA adequate to mark 50 million pounds of Lonestar cotton that is expected to ship before the end of September.
First launched in 2015, "HomeGrown™ - Cotton Proudly Grown in the USA" uses the Applied DNA botanical SigNature® T DNA to tag and test the long staple cotton fibers known as Upland cotton. Upland cotton is the most widely planted species of cotton in the United States, accounting for at least 97% of all cotton production, or roughly 7 billion pounds per year.
The Lonestar program is a new addition to existing programs that apply SigNature T DNA to Pima (known as PimaCott®, and to HomeGrown Upland programs that previously included Acala and Delta cottons. The three DNA-tagged types of HomeGrown Upland cotton now provide the full spectrum of variety required by cotton manufacturers. Adoption has already begun with merchants, ginners, manufacturers and retailers in India, Pakistan, Bangladesh, China, Turkey and the US.
"Given the global ambiguities in cotton sourcing, the demand for US cotton is getting stronger," said Dr. James Hayward, CEO of APDN. "We have proved that if you can tag cotton fibers before they leave the country, you can protect an entire supply chain. Sustainability and responsibility, in truth, begin at home. We believe that proof of origin for 100% of source cotton is the best way to exclude ethically-challenged cottons, that either misrepresent origin or quality, or worse, may benefit from human trafficking."
With the launch of HomeGrown Lonestar cotton, SigNature T DNA tags now provide full end-to-end traceability from the West Texas Plains to the retail shelf. Secure supply chain custody protocols, storage, sampling and testing procedures are required as part of the PimaCott and HomeGrown programs, enabling retailers and brands to be confident in the label claims they make on the products they sell to consumers.
Hi All!
Incredible jump today, we should all feel good about that! :)
Definitely a plus. Looked back at the Q3. I saw this, and thought, that when the Dr. met with investors, he had full knowledge of the Egyptian Cotton Scandal and knew many, if not all of those attending the conference in NY City. Sorry about my grammar these days. Too much going on here.
BTW, I saw a license plate today, that said Yip Yip. Hope all is well there friend! Mike & AP1, hope you guys and everyone new on here is doing well. Great weekend to all, and GLTA !
In the Q3 there was this:
Before starting the call, I want to inform you that Jim Hayward will be meeting with institutional investors in New York City on August 18. He will be in Los Angeles on September 7 and also in San Francisco on September 8 to present at the Liolios Gateway conference.
Then, many of you brought up the fact of the Egyptian Cotton Scandal. Here is the Fortune article on that scandal.
Wonder if the investors who attended the conference and saw the Fortune article, put 2 and 2 together and decided to get behind their friend and the only uncopiable company out there, (APDN)?
http://fortune.com/2016/08/26/welspun-egyptian-cotton-india/
What Target’s Egyptian Cotton Scandal Means for India’s Textile Industry
Questions over the exact provenance of bedsheets sold by Welspun India to America’s middle classes have not only wiped $740 million off the firm’s market value, but also revived one of Indian manufacturing’s enduring headaches: quality.
India’s government, desperate to accelerate growth and create more jobs, has backed a “Make in India” manufacturing push. India already makes everything from car parts to t-shirts, but is trying to move up the chain to make higher-end products, like Apple’s iPhone.
One major hurdle, however, has been product quality, often blighted by low salaries, poor training and sketchy suppliers. As India manufactures more, cheap is not always cheerful.
So far, in Welspun’s case, U.S. retailer Target ( tgt ) has severed ties, accusing it of passing off cheaper sheets as premium Egyptian cotton for two years. Other Welspun clients are probing the company’s products.
It’s not clear what led to the problem. Welspun, whose share price nearly halved this week, has said it would do an external audit of its supply chain.
See also: This Company’s Shares Have Slumped After Target Announced It Was Cutting Ties
Other Indian manufacturers distanced themselves from Welspun, but many fretted over the broader impact as the country tries to bet on quality, not just cheap workers, where it faces constant competition from regional rivals.
“It’s high time exporters improve the quality of their products,” said S.C. Ralhan, president of the Federation of Indian Export Organisations, set up by the government and industry to promote exports. He said the group would take up the issue of quality with its members.
Arvind Sinha, national president of the Textile Association of India, said India’s image as a manufacturing destination for textiles could be tarnished.
“This is another blot on the Indian exports resume,” said an analyst at a local brokerage, who asked not to be named as it would violate his firm’s policies. “The Welspun fiasco could have ripple effects and force companies to scout for options in other regions in Asia that have unscathed records.”
See also: Bed Bath & Beyond Is the Latest to Question This Company’s Egyptian Cotton
Government officials say the Welspun case is an exception, and don’t expect much damage to India’s reputation as a manufacturing hub.
“We hope it will be one of the stray incidents that will not have much impact on our near $42 billion textile exports,” said a senior textile ministry official, who declined to be named.
A senior official at the Ministry of Commerce and Industry said more such incidents could dent efforts to promote India as a manufacturing export hub.
“If Indian industry is to survive and thrive, it has to adopt global standards,” he said, adding the ministry has raised the issue of standards with exporters through export promotion councils, and has stressed third-party auditing and self-regulation.
Drugs and Noodles
India has been here before.
Its $15 billion pharmaceutical industry, a global supplier of cheaper generic medicines, has been dogged by quality concerns, with health regulators in the United States, Britain and Europe barring some plants from producing drugs for their markets because of inadequate standards.
Highlighting weak official checks and under-resourced testing facilities, Nestle India had to pull its popular Maggi instant noodles off the shelves last year after local regulators found some samples contained unsafe levels of lead. Subsequent tests at government-accredited laboratories showed the noodles were safe for consumption.
Quality assurance experts in India and beyond, however, said damage from the Welspun case could be contained—if the authorities and businesses move quickly to put in place stringent quality assurance standards.
“The government and the companies should themselves put in place better quality control standards to ensure India’s image is protected,” said a certifier at the Indian arm of a Europe-based textile certification company.
The $108 billion textile industry accounts for a tenth of India’s manufacturing production, 5% of GDP and 13% of export earnings, according to government data. It is the country’s second-largest employer after agriculture.
The government has announced several schemes in the past two years to encourage better use of technology and infrastructure in the textiles sector, and to foster innovation.
But the Welspun case suggests more needs to be done.
“Sourcing strategy is really driven by who can deliver the lowest cost at an acceptable quality, and India is still a place that delivers on that promise,” said Neil Stern, senior partner at retail consultancy McMillan Doolittle in Chicago.
“This certainly brings negative publicity, but companies will stack it up as one bad apple and not view it as a systemic problem.”
Hey Mike, thanks and good info.
Applied DNA Sciences and BLC Leather Technology Centre Ltd to Improve Transparency in the Leather Supply Chain
STONY BROOK, NY--(Marketwired - August 09, 2016) - Applied DNA Sciences (Applied DNA), Inc. (APDN), a provider of DNA-based supply chain, anti-counterfeiting, authentication, genotyping and anti-theft technologies, has signed a Memorandum of Understanding (MOU) with BLC Leather Technology Centre (BLC). The intention of the MOU is to utilize SigNature® T DNA ("SigNature T") for the marking of animal pelts to ensure security of the supply chain. DNA-tagged pelts will be converted into leather by designated manufacturers and ultimately made into finished goods.This transparency is aimed at preventing the introduction of animal pelts from unsustainable and unethical sources, among other benefits.
"Applied DNA is pleased to be working with BLC and by extension the leather industry across the world to help secure the supply chain and insure the highest quality products are delivered to customers," said Tony Benson, Managing Director, EMEA.
The companies will work together to facilitate interest in the leather community and complete feasibility testing over the next six months. All of the work Applied DNA has completed to date in cotton, wool and synthetic textiles has laid the groundwork for marking animals, pelts and leather.
"We will continue the expansion of our DNA applications in secure supply chains. DNA can be the molecular embodiment of brand, but we can also ensure claims that are essential to the modern consumer, such as organic and sustainable environmental practices, as well as ethical sourcing," added Dr. James A. Hayward, President and CEO of Applied DNA.
"The ability to have a truly secure supply chain for the leather industry using Applied DNA SigNature DNA would provide full traceability and the opportunity for real environmental sustainability dealing with animal welfare and supply chain risk management, which are key issues currently facing brand owners, and we are delighted to be the pioneers to help make this available to our customers," said Victoria Addy, Technical Director of BLC.
Read More
About BLC Leather Technology Centre
BLC is the leading independent leather technology centre, working with hundreds of companies in over 40 countries. BLC are leather experts and deliver a range of leather related services such as testing, fault diagnosis, consulting, auditing, informational support and research. Established for over 90 years BLC has the technical pedigree in leather technology to ensure fast, accurate solutions to technical, management or environmental leather problems.
This might be old news...
http://specialtyfabricsreview.com/2016/08/01/new-partners-for-techmer-pm/
New partners for Techmer PM
August 1, 2016
Techmer PM, a Clinton, Tenn., materials design company, has created customized materials to help tag and authenticate polymer-based fiber materials as part of a partnership with Applied DNA Sciences (ADNAS) Inc., a Stonybrook, N.Y., provider of DNA-based supply chain, anti-counterfeiting, genotyping and anti-theft technology; and Palmetto Synthetics, Kingstree, S.C. ADNAS’ SigNature T DNA molecular tags were attached to Techmer PM polyester formulations and supplied to Palmetto, a leader in the production of high-quality specialty synthetic fiber. The Techmer PM formulation is a component of a system of solutions for fiber including colors and additives. Palmetto used the materials to manufacture polyester fiber, which was converted into synthetic fabrics for commercial and industrial applications. The initial stage tagged five million pounds of PET fiber and will be subsequently scaled up to many millions of pounds over the next year.
Thanks Yip, looks like another good volume day for APDN.
http://globenewswire.com/news-release/2016/07/26/858929/0/en/Liolios-5th-Annual-Gateway-Conference-to-Showcase-Over-100-Growth-Companies-in-San-Francisco-on-September-7-8.html
SAN FRANCISCO, July 26, 2016 (GLOBE NEWSWIRE) -- Liolios’ Gateway Conference is back for its 5th year and will showcase more than 100 public and private companies at the Four Seasons in San Francisco on September 7-8, 2016.
Attendees will have the opportunity to discover and learn about a select group of compelling companies across a wide range of industries, from technology, business and financial services to clean-tech, consumer, e-commerce and life sciences.
The invitation-only conference provides investors and analysts a unique opportunity to gain valuable insight into more than 100 presenting companies during two days of presentations and one-on-one meetings with senior management.
The conference will begin with registration at 7:00 a.m. Pacific time on Wednesday, September 7. Company presentations and one-on-one meetings will be held on September 7-8, starting at 7:30 a.m. Pacific time.
A video accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/e5ce686d-4e61-4c4b-832b-b44afb0842f7
To learn more or to request an invitation, visit the Gateway Conference website or email gateway@liolios.com.
Presenting Companies (as of July 26, 2016)
A-Mark Precious Metals (NASDAQ:AMRK) ImageWare (OTCQB:IWSY)
AgJunction (TSX:AJX) Intellicheck (NYSE MKT:IDN)
Applied DNA Sciences (NASDAQ:APDN) IZEA (NASDAQ:IZEA)
Arcadia Biosciences (NASDAQ:RKDA) JAKKS Pacific (NASDAQ:JAKK)
ARI Network Services (NASDAQ:ARIS) Landmark Infrastructure Partners (NASDAQ:LMRK)
Aspen Group (OTCQB:ASPU) Lifetime Brands (NASDAQ:LCUT)
Asure Software (NASDAQ:ASUR) LiqTech International (NYSE MKT:LIQT)
Autobytel (NASDAQ:ABTL) Liquidmetal Technologies (OTCQB:LQMT)
Ballard Power Systems (NASDAQ:BLDP) LM Funding America (NASDAQ:LMFA)
BBSI (NASDAQ:BBSI) LRAD Corporation (NASDAQ:LRAD)
biotricity (OTCQB:BTCY) Marathon Patent Group (NASDAQ:MARA)
Cachet Financial Solutions (OTCQB:CAFN) MRV Communications (NASDAQ:MRVC)
Callidus Software (NASDAQ:CALD) NAPCO Security Technologies (NASDAQ:NSSC)
Carbonite (NASDAQ:CARB) On Track Innovations (NASDAQ:OTIV)
Chanticleer Holdings (NASDAQ:HOTR) Ooma (NYSE:OOMA)
Clearfield (NASDAQ:CLFD) OptimizeRx Corporation (OTCQB:OPRX)
DataWind (TSX:DW) Oxbridge Re (NASDAQ:OXBR)
Destination XL Group (NASDAQ:DXLG) Performance Sports Group (NYSE:PSG)
Determine (NASDAQ:DTRM) PFSweb (NASDAQ:PFSW)
Differential Brands Group (NASDAQ:DFBG) Planet Payment (NASDAQ:PLPM)
Digi International (NASDAQ:DGII) Plug Power (NASDAQ:PLUG)
Digimarc (NASDAQ:DMRC) Pointer Telocation (NASDAQ:PNTR)
DSP Group (NASDAQ:DSPG) Qumu (NASDAQ:QUMU)
Ekso Bionics (OTCQB:EKSO) Radisys Corporation (NASDAQ:RSYS)
Elio Motors (OTCQX:ELIO) Research Solutions (OTCQB:RSSS)
Escalade (NASDAQ:ESCA) Senomyx (NASDAQ:SNMX)
EVINE Live (NASDAQ:EVLV) SharpSpring (NASDAQ:SHSP)
Firsthand Technology Value Fund (NASDAQ:SVVC) Shoes.com (private company)
Frankly (TSX-V:TLK) Southern Concepts Restaurant Group (OTCQB:RIBS)
Gaia (NASDAQ:GAIA) STARTEK (NYSE:SRT)
Global Self Storage (NASDAQ:SELF) TSO3 (TSX:TOS)
Global Water Resources (NASDAQ:GWRS) Turtle Beach Corporation (NASDAQ:HEAR)
GSV Capital (NASDAQ:GSVC) Uniloc (private company)
HCI Group (NYSE:HCI) US Auto Parts (NASDAQ:PRTS)
I.D. Systems (NASDAQ:IDSY) Worldwise (private company)
Identiv (NASDAQ:INVE) Zix Corporation (NASDAQ:ZIXI)
Conference Sponsorship
The Gateway Conference is sponsored by leading firms servicing the financial community and is hosted by Liolios Group, a comprehensive financial communications firm. The conference provides a rich environment for business development and is an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver and Bronze levels. Sponsors currently include Oppenheimer, Lake Street Capital Markets, Wunderlich, Equisolve, NASDAQ, SEC Compliance, Anton & Chia, Snell & Wilmer, and AHT Insurance.
For more information about sponsoring the Gateway Conference, visit the conference webpage or view the sponsorship brochure here.
About Liolios Group
Liolios is a comprehensive financial communications firm specializing in small-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, capital markets advisory, investor awareness and capital formation. Founded in 1999, Liolios executives have extensive experience in finance and investments, and represent public and private companies in a wide range of industries, including technology, digital media, consumer/internet retail, healthcare/life sciences, natural resources, financial services and business services. For more information about Liolios, please visit www.liolios.com.
Thanks AP1. Hard to believe the run up yesterday was just because the date for the Qtrly report, makes me think there will be more PR's over the next few days.
Nice find Yip!
That is my guess RodeK... I am anticipating a news release in the next day or two. GLTA
You are welcome MCS
Thanks Randy, I agree.
Applied DNA Sciences Ships SigNature® T DNA Guaranteeing Purity To Mark 10 Million Pounds of Acala Cotton
Orders for Two Additional DNA Transfer Systems Support Gin Expansion Into New Regions and Cotton Varieties
STONY BROOK, N.Y. July 12, 2016 -Applied DNA Sciences (Applied DNA), Inc. (NASDAQ: APDN), a provider of DNA-based supply chain, anti-counterfeiting, genotyping and anti-theft technology, and authentication technologies, today announced that it shipped an order for SigNature T DNA to mark 10 million pounds of Acala cotton in the third quarter of 2016. Acala is a type of Upland cotton (Gossypium hirsutum) that produces the longest staple among the Upland species, making it one of the highest quality Upland cottons in the world.
In addition, building upon recent business successes, Applied DNA received orders for two new DNA transfer units that will support gin expansion into new regions and cotton varieties that will be delivered in its fiscal fourth quarter, 2016. These new gin installations will process Texas and Acala Upland cotton varieties. The initial four gins continuing tagging from the prior season will sustain the SigNature DNA process with Pima and Upland Delta cottons. Additional DNA Transfer Units are under discussion with the Company's customers at a time when global demand for sustainably grown, ethically-sourced American cotton is strengthening.
"Authenticating Acala cotton with the SigNature T solution adds to our business momentum," said Dr. James Hayward, Chairman, President and CEO of Applied DNA. "This development comes at a very important time in the industry. Retailers, product developers, and consumers are asking for more authenticity, especially with the sophistication of forensically-proven sourcing. In addition, with the recent decline of 50% in Egyptian production and the controversies surrounding its quality, Acala cotton is an excellent candidate to replenish the supply. We are honored to be part of the solution."
At this time, more than 260 companies have signed The Cotton Pledge Against Forced Labor in the Cotton Sector and the U.S. Department of State is increasing their demands on manufacturers to prove that sourcing of cotton is ethically produced without slave labor (U.S. Department of State, 2016 Trafficking in Persons Report, June 30, 2016). The SigNature T solution currently used for PimaCott ® and HomeGrown ® offers a means for transparency, traceability and trust for consumers, brands and retailers alike.
Thanks for the article Yip. They tried this route before, but now that they know how to commercialize APDN, they might gain some traction in this area.
Here is why I believe APDN will succeed, first of all, businesses across the spectrum are realizing how bad counterfeiting has become. Many are searching for a solution. APDN's competitors can address one or two "Verticals", but APDN can address ALL "Verticals". So when it takes more than one Vertical to produce a single product, APDN is makes the most sense for companies to use. Let's look at the Pharma example.
APDN can mark:
The different components of medicine such as the ingredients & Binding Agents found in medicine.
The inks used on pills / tablets etc.
The containers used for medicines.
The packaging material such as plastic wrap.
GLTA!!!
Great video Houtheman, thanks!
Thanks Mike, hope all is well with you!!
Thanks & Aloha Yip, hope all is well with you! Still waiting for the Pharma thing to happen. I still believe Pharma will be the game changer for APDN. GLTA!!!
Hope everyone is doing well. Not sure if this has been posted yet.
Wonder if APDN acted on this or was recommended by any users?
https://www.securingindustry.com/pharmaceuticals/fda-seeks-information-on-dscsa-pilot-trials/s40/a2759/
Applied DNA Sciences Expands DNA-Marking of Prestige Cars Through Swedish Distributor
STONY BROOK, NY--(Marketwired - May 17, 2016) - Applied DNA Sciences (APDN) (Twitter: @APDN), a provider of DNA-based supply-chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, announced today that will expand its SigNature DNA business via Safesolution, its Swedish Distributor, to select automobile importers in Sweden to make these vehicles a harder target for thieves.
The two-year contract for protecting a minimum of 2,000 vehicles per month was awarded to Safesolution following extensive testing over a two-year period. Using the APDN product known in Sweden as 'Smart DNA,' Safesolution has a proven track record of reducing car theft by over 80%.
The program involves marking high-value components of new luxury cars as they enter Sweden with 'Smart DNA.' This enables Police to trace stolen vehicles and components back to the original owner as each vehicle is marked with a unique forensic DNA code. The program is designed to keep insurance costs low for car owners and to help keep their cars safe from criminals.
Leif Svensson, Founder and Managing Director of Safesolution AB who has been a Distributor for Applied DNA for the last 5 years, commented on the two-year contract, saying "We are very pleased that the automotive industry is choosing our solution. Consumer satisfaction is one of their key driving forces and they take very seriously the issue of car theft and this contract demonstrates their commitment towards their clients."
SigNature DNA has been used in Europe since 2008 to help deter crime and to convict criminals which in itself is a great deterrent. To date the authentication of SigNature® DNA has been used in the convictions of over 100 criminals, leading to prison sentences of 490 years with many more cases still going through the judicial process.
The automotive DNA-marking program followed after endorsements by Swedish police and the Scandinavian insurance giant, IF.
About Safesolution SmartDNA AB
Safesolution SmartDNA AB is a Sweden-based company, which provides security management for businesses. They have a unique security experience as a supplier to large, complex and vulnerable structures and organizations. They have been responsible for EU certification of Arlanda and Bromma airport after September 11, 2001.
Would you rather they didn't have it? It's just one contract of many they are negotiating. Each one puts us a little closer to where we need to be. We may see other news leading up to the Qtrly report.
Applied DNA Sciences Signs Five-Year, $2.5 Million Blanket Purchase Agreement With Federal Agency
STONY BROOK, NY--(Marketwired - May 10, 2016) - Applied DNA Sciences (APDN) (Twitter: @APDN), a provider of DNA-based supply-chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions,announced today that it has signed a new $2.5 million contract with a U.S. government agency for use of its SigNature® DNA products. The contract vehicle is a blanket purchase agreement (BPA) with a period of performance of April 1, 2016 through March 31, 2021. The contract allows for the sale of both standard products and the development of new products over the five-year term.
The BPA is a simplified acquisition method that government agencies use to fill anticipated repetitive needs for supplies and/or services. Essentially, BPAs are like "charge accounts" set-up with trusted suppliers that have demonstrated dependable past performance and have a history of quality services and supplies. The BPA is an efficient contract vehicle because once established, repeat purchases are easy for both sides.
The contract vehicle also allows Applied DNA Sciences the ability to develop new products and solutions for the contracting agency at an accelerated deployment pace compared with traditional contract-development paths. Rapid adoption of "bleeding edge" DNA-tracing technologies can provide the US government with a robust Safeguards response to manage the risks associated with the supply chain for Mission Critical infrastructure components.
"Our performance record at the federal level speaks for itself and is one of our best selling tools," said Dr. James Hayward, Chairman, President and CEO of APDN. "As our reputation spreads within and across agencies, as engaged creative solution providers and partners, we gain new federal customers. This BPA will allow rapid deployment with new applications without the need to negotiate individual contracts. We are thrilled to continue to be of service to our government."