Techmer PM Signs CertainT Trademark License Agreement with Applied DNA for PET Masterbatch Designating Product Integrity and Supply Chain Transparency
Tag-Test-Track Masterbatch Systems to be Unveiled at the Synthetic
Yarn Fiber Association on October 27, 2017
STONY BROOK, N.Y.–(BUSINESS WIRE)–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.
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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, 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.
Contacts
For Applied DNA Sciences
investor contact:
Sanjay
Hurry, 212-838-3777
shurry@lhai.com
or
media
contact:
Angie Mathews, 781-639-4924
angie@cgprpublicrelations.com
or
program
contact:
MeiLin Wan, 631-240-8849
meilin.wan@adnas.com
www.adnas.com
twitter:
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