VerifyMe Provides COVID-19 Related Business Update

About this update from Verifyme, Inc.

[{"type":"text","content":"Anticipates No Operational Disruption - \"VerifyMe As Authentic™\" Labels Available for All Coronavirus Related ProductsROCHESTER, NY / ACCESSWIRE / April 2, 2020 / VerifyMe, Inc. (OTCQB:VRME), a technology solutions provider specializing in brand protection functions such as counterfeit prevention, authentication, serialization, track and trace features for labels, packaging and products, today provided an operational and strategic update in light of current global upheaval related to the COVID-19 pandemic.VerifyMe Chief Executive Officer Patrick White commented, \"The evolving COVID-19 pandemic is impacting everyone and has led to challenging times from both a public health and economic perspective. In this time of uncertainty, global upheaval, and severe market volatility, VerifyMe is fortunate to have a dynamic team with the ability to seamlessly work remotely to ensure no operational disruption. We continue to be in contact with our strategic partners, current customers and prospective domestic and global customers.\"White continued, \"Our recent cash infusion from our securities offering that closed on March 6, which included participation from certain members of our Board of Directors and management, enables us to continue to deliver on the continued global demand for our digital technology solutions that provide identifiers and serialization for authenticating, tracking and tracing functions for labels, packaging and products.\"White continued, \"This coronavirus global pandemic has caused a major spike in demand for safety products such as masks and gloves, COVID-19 test kits, medications and vaccines to treat the virus, which we believe has further caused an increase in counterfeit products. We understand the concerns over the counterfeiting problems and recommend that consumers demand the ability to test for authenticity from e-commerce, retailers and brand owners for any and all products, particularly those trying to take advantage of the coronavirus pandemic and selling fake safety and protection products, test kits, medications and vaccines.\"White concluded, \"VerifyMe's suite of technology solutions for global manufacturers, distributors and sellers are designed to allow consumers to prove authenticity with their smartphone. VerifyMe performs a legitimacy test for all manufactures seeking our \"authenticity\" lab...

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