PR: Applied DNA Sciences receives initial order to tag cotton for the upcoming 2017/2018 US cotton ginning season

Applied DNA Sciences, Inc. is pleased to announce it has received an order to tag 27.5 million pounds of cotton to kick off the 2017/2018 ginning season, composed of three US cotton varietals. The three varietals are Pima, Delta and Acala, which fall under the PimaCott, HomeGrown LoneStar and HomeGrown Acala programs. The company expects to ship SigNature T DNA to mark 27.5 million pounds of cotton before the end of June.

"Now in our third season, Applied DNA's SigNature T DNA has been meeting the need for supply chain traceability, transparency and trust within the cotton industry ecosystem with national retailers, their supply chain partners, and consumers. We are proud to continue to tag, test and track cotton for the 2017/2018 ginning season," stated Dr. James A. Hayward, President and CEO of Applied DNA. "This order demonstrates our success in further entrenching SigNature T DNA in an established revenue-generating vertical and in extending the adoption of our proven technology platform. Although we cannot predict the timing of follow-on orders, conversations with our customers lead us to believe that additional opportunities to tag cotton during the 2017/2018 ginning season are likely."

For this order, the customer has agreed to more customary and favorable payment terms, allowing for earlier revenue recognition than past cotton orders. This new order is incremental to DNA concentrate to tag 30 million pounds of cotton that was shipped during fiscal 2016 to establish an on-site reserve of SigNature T DNA before the harvest begins.

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 toward 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.