Plans Being Implemented for Follow-on Scale up,
and Sponsored Projects
Applied DNA Sciences, Inc., (NASDAQ:APDN) (“Applied DNA” or the
“Company,”) announces the successful completion of its 1-year
(approx.) consortium research project with BLC Leather Technology
Centre Limited (BLC) who are based in the United Kingdom. The aims
of the research project were to apply and recover DNA tags
throughout the following key processing stages:
- Apply DNA to animals on a farm and test
for recovery when hides were delivered to a tannery;
- Apply DNA at the wet blue stage after
initial tanning and test for recovery following leather splitting
on both grain leather and drop splits; and,
- Apply DNA during the leather finishing
process and test for DNA recovery.
We are pleased to announce the research project was successful
in every aspect, achieving all the stated objectives. The project
was completed on schedule and proved the technical feasibility of
DNA marking throughout the leather supply chain using SigNature
DNA.
Tony Benson, Applied DNA’s Managing Director with responsibility
for Europe, Middle East and Africa (EMEA) commented “We were
delighted for the opportunity to prove our technology in the most
severe of environments and to work alongside our partners, BLC. We
are especially thankful to the 5 Global brands, 1 non-government
organization (NGO) and 2 Tanneries who helped to sponsor this
research project and make it a success. Special thanks go to Ms.
La'Deva McKenzie of BLC and Dr. Jo Greenwood, Technical Director
EMEA, for their outstanding work.
Dr. James Hayward president and CEO of Applied DNA, stated:
“Success in this category is a testament to the adaptability of
DNA, but more importantly, to the skills of our teams and the
strength of our intellectual property. When properly formulated,
DNA can survive most manufacturing processes and physicochemical
environments.”
Dr. Hayward continued, “We are grateful to all of our sponsors
and to all those now participating in a pre-commercialization,
scaled-up pilot trail, including, among others: National Wildlife
Federation, PUMA, the Scottish Leather Group, and Tong Hong
Tanneries.
Dr. Victoria Addy, Technical Director of BLC said: “We are
delighted at the results which exceeded everyone’s expectations.
The potential for this technology to help the leather industry to
ensure a fully traceable supply chain cannot be underestimated and
we look forward to working with Applied DNA and sponsors in the
coming months to see the technology being introduced.”
Barbara Bramble, Vice President of International Conservation
and Corporate Strategies for the National Wildlife Federation (NWF)
stated: “We are thrilled to co-sponsor this research project, which
works towards developing technologies that help increase visibility
on the complex traceability issues within leather supply chains.
Clarity on the origin of leather can help protect native habitat
and wildlife by providing producers and suppliers with the
necessary information to follow through on ‘zero-deforestation’ and
other supply chain commitments to protect native habitat.”
About BLC Leather Technology Centre
BLC is the leading independent leather technology center,
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.
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.
Visit adnas.com for more information. Follow us
on Twitter and LinkedIn. Join our mailing
list.
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/20180501005158/en/
Investor contact:LHA Investor RelationsSanjay M.
Hurry, 212-838-3777shurry@lhai.comorMedia contact:DGI
CommCheryl Schneider,
212-825-3210cschneider@dgicomm.comorProgram contact:Applied
DNA EuropeTony Benson, Managing Director, 44 (0) 7552
429341tony.benson@adnas.comweb: www.adnas.comtwitter:
@APDN
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