New Order Helps Applied DNA to Secure
International Fertilizer Supply Chains
Applied DNA Sciences, Inc., (NASDAQ:APDN) (“Applied DNA” or “the
Company,” NASDAQ: APDN), announced that it has fulfilled an order
for the Company’s SigNature® molecular tags to track granular
fertilizer destined for delivery by Rosier S.A. to Turkey and
several African countries. This initial commercial order follows
last year’s successful pilots, where tagged fertilizer was tracked
throughout a supply chain in Africa, and successfully authenticated
in the field in front of government officials, agricultural
industry players and institutional bankers.
Applied DNA’s SigNify® in-field testing system is used at the
factory to test the tagged fertilizer for outbound quality control.
The same system can be used at any point in the supply chain for
authentication, without the need for formal laboratory
analysis.
Dr. James Hayward, president and CEO of Applied DNA stated,
“This initial order is the latest demonstration of our continuing
ability to monetize our deep DNA expertise in securing global
supply chains to drive top-line growth. The mitigation of
fertilizer dilution is a pervasive, global imperative, to which we
believe we have the right solution and the right partner in Rosier
to address.”
“Rosier plans to lead the fertilizer industry by providing
innovative technology giving environmental, economic and social
benefits to our various stakeholders. We believe utilizing
SigNature DNA is a key step forward in securing supply chains in
the regions where we conduct business,” commented Mark Schulz,
Business Manager, Rosier Group.
Willy Raymaekers, CEO Rosier Group, adds “Applying DNA to our
fertilizers is an excellent and very practical example of Borealis
and Rosier high ethical standards. Applying this technology to our
fertilizers gives ‘smart fertilization’ a new and important
meaning.”
“With the ongoing adulteration of fertilizer, the benefits of
molecular tagging for fertilizer manufacturers and farmers are
obvious. Products are delivered without the risk of dilution, and
the resulting lower crop yields and risks of local malnutrition.
More importantly, the opportunity to divert high nitrates to
explosive devices is greatly curtailed. Beyond the immediate
beneficiaries, there are additional stakeholders that can also
benefit from tagged fertilizer, including those governments who may
expect a positive impact on GDP ensuring any subsidies to farmers
for fertilizer have the desired impact and Banks who provide loans
to farmers for the purchase of fertilizers,” stated Tony Benson,
Managing Director of Applied DNA for EMEA.
Dr. Hayward continued: “Having just returned from a visit with
users and potential users of our technologies throughout Turkey, I
am humbled to have seen, firsthand, the potential benefits of our
technologies to the farmers, their families, the agricultural
industry and to the safety of the Turkish people. We have filed
U.S. and international patent applications addressing our
proprietary methods to tag, test and track fertilizer products,
prevent fertilizer diversion, to quantify fertilizer dilution, and
even to recover fertilizer DNA-tags from the environment after
fertilizer application, whether the tagged fertilizer was applied
to enhance crop yields or to disrupt society.”
In addition to its engagement with Rosier in Turkey, Applied
DNA’s SigNature® DNA is used within textile supply chains, with a
significant quantity of American cotton returning to US retailers
from Turkish manufacturers, who are known for their superb textile
manufacturing skills.
About Rosier SA
Rosier produces and sells high quality mineral fertilizers in
Europe, through its exclusive distributor Borealis LAT, and outside
Europe to serve its customers in the most reliable way. We provide
farmers with suitable fertilizers considering individual crop and
soil conditions. Embedded in the Base Chemicals business of
Borealis, our aim is to strengthen our position in selected markets
worldwide. With a highly motivated and professional team, we are
close to our customers in agriculture. Our backward and forward
integration result in supply security as well as high product and
service standards.
Thanks to perfectly adapted and state-of-the-art industrial
facilities, Rosier is able to offer environmentally friendly
products that provide users with the best economical yield they can
get. The ROSAFERT® range primarily comprises simple and compound PK
and NPK granulated fertilizers; Specialty fertilisers from the
ROSALIQ® and ROSASOL® ranges are essentially designed for the
greenhouse, foliar complementary nutrition or fertirrigation
markets.
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.
Applied DNA makes 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 uncopiable, 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.
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Forward-Looking Statements
The statements made by Applied DNA 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 Applied DNA’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
Applied DNA. Actual results could differ materially from those
projected due to our lack of significant revenues, limited
financial resources, limited market acceptance, history of net
losses, market competition and various other factors detailed from
time to time in Applied DNA’s SEC reports and filings, including
our Annual Report on Form 10-K filed on December 28, 2017 and our
subsequent quarterly report on Form 10-Q filed on February 8, 2018,
which are available at www.sec.gov. Applied DNA 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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version on businesswire.com: https://www.businesswire.com/news/home/20180323005095/en/
Investors:LHA Investor RelationsSanjay M. Hurry,
212-838-3777shurry@lhai.comorMedia:Dian Griesel Int’lCheryl
Schneider,
212-825-3210cschneider@dgicomm.comorProgram:Applied DNA
EuropeTony Benson, 44 (0) 7552 429341Managing
Directortony.benson@adnas.comweb: www.adnas.com |
www.borealisgroup.com | www.rosier.eutwitter: @APDN
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