STONY BROOK, NY--(Marketwired - November 17, 2016) - Applied DNA Sciences, Inc. (Applied DNA) (NASDAQ: 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.
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.
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.