Applied DNA Sciences' SigNature T DNA Textiles Program Initiated by The Crypton Companies
STONY BROOK, NY--(January 07, 2015) - Applied DNA Sciences, Inc. (NASDAQ: APDN), (Twitter: @APDN), a provider of DNA-based anti-counterfeiting technology and product authentication solutions, announced that SigNature® T DNA textile marking and authentication program has been initiated by The Crypton Companies ("Crypton"), delivering superior, trusted performance textiles and related products since 1993.
Compatible with environmentally preferable chemistries, SigNature T DNA will provide Crypton with a comprehensive supply chain solution, assuring that the original ingredients or raw materials used are verified in the finished product.
"SigNature T DNA is all about providing clarity so that sourcing and supply chain managers can ensure that the products at point of manufacture are traceable to point of sale. This is something that affects every stakeholder in the supply chain," said Dr. James A. Hayward, President and CEO of Applied DNA Sciences.
The partnership contemplates increased application in volume, and in scale over time, for SigNature T DNA to provide solutions for multiple product categories, as well as in markets globally. With more than 120 million yards successfully installed in hotels, restaurants, cruise ships, health care facilities and other heavy traffic application, Crypton distributes its performance textiles and related products through more than 50 U.S. distributors and major distributors worldwide.
Using a patented process, Crypton is leading the industry with its performance textile solutions that are stain, water and bacteria-resistant. These "super fabrics" are made with approved fabric constructions from licensed mills.
"Innovation is in our DNA. It's in every part of our business, and it is the reason why we believe the SigNature T DNA program is going to help us keep our promise to our customers -- that our products are truly the industry standard when it comes to assuring quality, performance and now traceability within trusted supply chains," stated Randy Rubin, CEO and Founder, Crypton.
Headquartered in Bloomfield Hills, Michigan with facilities in Kings Mountain, North Carolina and Hong Kong, China, Crypton is well known in the industry for their technology-driven performance fabric solutions and patented technologies. The agreement will enable Crypton to mark with SigNature T DNA, and submit samples for authentication based on an annual volume-based commitment. The partnership brings new technology to performance textiles, and provides supply chain traceability and transparency.
Over the past year, Applied DNA Sciences and Crypton have been collaborating on a major textile initiative to help protect and authenticate SigNature T DNA-marked fabrics. The durability of SigNature T DNA was proven after a year of extensive prototyping and testing of DNA in a wide range of treatments and fabric types. The marker was subjected to Crypton's performance tests, and it was demonstrated that it did not interfere with the engineered textile process, nor did it impact the performance or quality of the Crypton fabric.
"Performance is key. We're excited to be working with Applied DNA Sciences especially since we know that there are always situations where there are heavy demands placed on our fabric, like outdoor furniture, mattresses, pet beds and even booster seats for children," commented Hardy Sullivan, Vice President for Research and Development, Crypton.
About Applied DNA Sciences
APDN, a publicly traded company, is a provider of 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. SigNature® DNA describes the uncopyable marker that is at the heart of all of our security and authentication solutions. SigNature DNA is at the core of a family of products such as DNAnet®, our anti-theft product, SigNature® T, targeted toward textiles, and digitalDNA®, providing powerful track and trace. All provide a forensic chain of evidence and can be used to prosecute perpetrators.
The statements made by APDN may be forward-looking in nature. 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 15, 2014. 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.
About The Crypton Companies
The Crypton Companies have patented and branded environmentally responsible textile performance solutions since 1993. The company's flagship product, CRYPTON® Fabric, revolutionized the use of fabrics in the healthcare, hospitality, government, education and contract segments. The Crypton Companies continue to expand globally through technological advances in diversified market segments and are represented in more than 20 countries. More than 120 million yards of Crypton performance fabrics are installed in commercial and residential applications worldwide, providing unparalleled stain, moisture and anti-microbial resistance. Every day Crypton is developing new technologies to empower corporations and consumers to LiveClean®. For more information on The Crypton Companies, please visit our website at www.cryptonfabric.com.
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