Loftex Home

Throwing in more towels, and that’s very good

By GREGORY ZELLER // Another week, another significant partnership for Applied DNA Sciences, which continues to make itself at home in the national textiles market. The Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies has signed a multi-year licensing agreement with Loftex Home LLC, a well-known maker of high-quality towels and other home textiles. The new deal builds upon a prior agreement between Applied DNA and New York City-based Loftex Home, announced…


Applied DNA: Cotton, leather and finally making hay

By GREGORY ZELLER // It’s not quite a return to the company’s financial halcyon days, but Applied DNA Sciences may have finally turned a corner. Yes, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist ended the second quarter of its fiscal 2017 (ended March 31) with a quarterly net loss of $3.4 million, or 13 cents per share. But it was less of a loss (barely) than the $3.5 million bite suffered in 2Q…


Debrief: Circular thoughts with James Hayward

When last we Debriefed Applied DNA Sciences CEO James Hayward, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication company was forming a promising partnership with a national law-enforcement/security training organization and inching a toe into the Scandinavian auto theft prevention-and-recovery market. This week, as the biotech partners with textile manufacturer Loftex Home to launch the hot new CertainT platform, Hayward reports big gains in those maturing verticals and progress by Applied DNA’s all-star advisory board – two…