VerifyMe, Inc. · NASDAQ:VRME
VerifyMe — Investor Day (November 2021)
38 slides from VerifyMe's investor day presentation, Nov 18, 2021
Slide 1: 1
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Slide 2: Investor Day November 18, 2021
www.VerifyMe.com Confidential Property of VerifyMe Protect your brand. Grow your business. Investor Day November 18, 2021 NASDAQ:VRME NASDAQ:VRME
Slide 3: Agenda
www.VerifyMe.com Agenda ➢ Welcome & Introductions Confidential Property of VerifyMe ➢ Company Overview ➢ Product Solutions & Technology ➢ Growth Strategy ➢ Financial Analysis NASDAQ:VRME ➢ Q&A ➢ Closing Remarks 3
Slide 4: Forward-Looking Statements
www.VerifyMe.com FORWARD-LOOKING STATEMENTS In addition to historical information, this presentation contains statements relating to the future business, financial performance, future catalysts and future events or developments, strategy, projected costs, prospects, plans, objectives of management a
Slide 5: Welcome Remarks
www.VerifyMe.com Welcome Remarks Scott Greenberg Chairman Confidential Property of VerifyMe ➢ Introduction of Management Team ➢ Remarks ➢ Future Outlook NASDAQ:VRME 5
Slide 6: Company Overview
6 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Company Overview
Slide 7: Management
www.VerifyMe.com Management Confidential Property of VerifyMe Patrick White Keith Goldstein Margaret Gezerlis, ACCA Sandy Fliderman President, Chief Executive Officer Acting Chief Operating Officer Chief Financial Officer Chief Technology Officer and Director • Over 25 years of experience in strateg
Slide 8: Board of Directors
www.VerifyMe.com Board of Directors Confidential Property of VerifyMe Patrick White Chris Gardner Marshall Geller President and CEO of VerifyMe™ American entrepreneur and private equity investor, Former Managing Partner of Bear Sterns and and international best-selling author and award- founder of S
Slide 9: VerifyMe Story
VerifyMe Story www.VerifyMe.com • 1999 • 2019 ✓ Laserlock Technologies formed Nov 1999 ✓ Developed Smart Phone Visible/Invisible ✓ Laser Pen Product Authentication code technology • 2015 ✓ Signed additional PSP Licenses ✓ Name change to VerifyMe, Inc, - Biometric focus ✓ First Serialization Client -
Slide 10: Product Solutions and Technology
10 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Product Solutions and Technology
Slide 11: Overview
www.VerifyMe.com Overview We are brand protection and customer engagement experts. Confidential Property of VerifyMe Brand Protection Consumer Engagement Address highly sophisticated Achieve new levels of engagement to counterfeiting extend customer relationships. and diversion challenges. Business
Slide 12: Global Market Size of VerifyMe Products
Global Market Size of VERIFYME Products www.VerifyMe.com VerifyMe Product Year PRODUCT MARKET CAGR 1999-2018 #1 Product Authentication = $ 7.7 Bil (2026) +8.7% 2019 #2 Serialization/Track and Trace = $ 9.7 Bil (2028) +19% 2020 #3 Consumer Engagement = $29.5 Bil (2024) +12.6% Confidential Property of
Slide 13: Comprehensive Approach
www.VerifyMe.com Comprehensive Approach VerifyMe offers a broad portfolio of brand protection and engagement solutions. We bring together world-class physical, digital and online technologies to create Confidential Property of VerifyMe comprehensive, customized product authentication, and engagement
Slide 14: Brand Protection | Simple Level Approach
www.VerifyMe.com Brand Protection | Simple 3 Level Approach Level 1 - Dynamic visible codes & NFC for consumers and supply chain T&T • Printed Digitally Scan to REGISTER and AUTHENTICATE your product Confidential Property of VerifyMe • Traditional QR codes – open source, any smart phone scan Scan to
Slide 15: Brand Protection | Simple Phase Approach
www.VerifyMe.com Brand Protection | Simple 3 Phase Approach Level 2 - Static invisible & tagged spot colors for brand inspectors Confidential Property of VerifyMe Aluminum Bottle Caps Shrink Sleeves Packaging Fabric / Apparel NASDAQ:VRME • VerifyInkTM Printed on any conventional printing press, grav
Slide 16: Level 2 - Every Beep and Scan Checked & Tracked
Brand Protection | Simple 3 Phase Approach www.VerifyMe.com Level 2 - Every "Beep" and Scan Checked & Tracked on a Global Dashboard Confidential Property of VerifyMe NASDAQ:VRME 16
Slide 17: Level 2 - Every Beep and Scan Checked & Tracked
Brand Protection | Simple 3 Phase Approach www.VerifyMe.com Level 2 - Every "Beep" and Scan Checked & Tracked on a Global Dashboard Confidential Property of VerifyMe NASDAQ:VRME 17
Slide 18: Level 3 - Variable, unique invisible serialization
Brand Protection | Simple 3 Level Approach www.VerifyMe.com Level 3 - Variable, unique invisible serialization on digital printing press Confidential Property of VerifyMe NASDAQ:VRME 18
Slide 19: VerifyMe Track & Trace
www.VerifyMe.com VerifyMe Track & Trace™ Track events across the supply chain, from manufacture to point of use. VerifyMe provides visibility of events across the supply chain by deploying non-invasive Confidential Property of VerifyMe methods to integrate, collect, and store actionable data—providi
Slide 20: Brand Owner Monitoring Dashboard
20 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Brand Owner Monitoring Dashboard
Slide 21: The Consumer Engagement Opportunity
www.VerifyMe.com The Consumer Engagement Opportunity Smartphone and cloud technologies have fundamentally changed the market. Confidential Property of VerifyMe VerifyMe combines cloud-based authentication software with mobile web experiences to help brand owners connect with consumers at point of sa
Slide 22: Consumer Engagement
22 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME 2 2 2 2 Consumer Engagement
Slide 23: Data Rich Purchase Information
23 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME 2,564 Data Rich Purchase Information 11,903 1,635
Slide 24: Growth Strategy
24 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Growth Strategy
Slide 25: Key Market Drivers
www.VerifyMe.com Key Market Drivers Confidential Property of VerifyMe ✓ Growing Counterfeit Problem ✓ Growing Product Diversion ✓ Health Issues ✓ Supply Chain Problems ✓ COVID Impact on Brick and Mortar Sales ✓ Brand Owners want Data – Business Intelligence ✓ Brand Owner want to engage and know thei
Slide 26: Major Market Verticals
www.VerifyMe.com Major Market Verticals To fight counterfeiting, diversion and engage with consumers Confidential Property of VerifyMe APPAREL CONSUMER COSMETICS PRODUCTS FOOD & WINE & SPIRITS ELECTRONICS PHARMACEUTICALS BEVERAGE NASDAQ:VRME PPE CANNABIS AUTOMOTIVE INDUSTRIAL 26
Slide 27: Major Revenue Categories
www.VerifyMe.com Major Revenue Categories VerifyMe Sells 4 Major Products to Brand Owners: Confidential Property of VerifyMe Consumer Printed Secure Invisible Serialization Engagement Labels and Taggants Software Software Packaging NASDAQ:VRME 27
Slide 28: Sales and Marketing Strategy
Sales and Marketing Strategy www.VerifyMe.com ✓ Hire seasoned security sales professionals ✓ Utilize HP Indigo & INX International world-wide sales force ✓ Opened an office in Europe ✓ Developed new website Confidential Property of VerifyMe ✓ Presenting at and attending key trade shows around the wo
Slide 29: Competitive Landscape
Competitive Landscape www.VerifyMe.com • Product Competition • DNA – Plant Based • Digital Watermarks • Inks Confidential Property of VerifyMe • Ultraviolet Inks • Color Changing • Holograms • NFC Chips • Large Older Security Printers • Currency • Government Credentials NASDAQ:VRME • New Start Ups •
Slide 30: Industry Observations and VerifyMe Differentiators
Industry www.VerifyMe.com Observations • RFID/NFC Confidential Property of VerifyMe • DNA VerifyMe Differentiators • VerifyMe Strategic Partners • Patented Technology • HP Indigo • Instant Authentication • INX International • Web Portal – Cloud Based • Software Development • Customer Engagement • Co
Slide 31: Future Catalysts
Future Catalysts www.VerifyMe.com Expectations for the next 12 months: SALES Confidential Property of VerifyMe • Significant NEW Brand Owner Clients • Conversion of double-digit mature prospects to customers • Sales growth exceeding 100% MERGERS AND ACQUISITIONS TECHNOLOGY • Complementary acquisitio
Slide 32: Financials
32 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Financials
Slide 33: Financial and Equity Snapshot
www.VerifyMe.com Financial and Equity Snapshot Exchange/Ticker: NASDAQ: VRME Stock Price (11/10/21): $3.66 Shares Outstanding (11/10/21): 7.3 Million Confidential Property of VerifyMe Fully Diluted: 11.3 million Market Cap: $27 million Cash Balance: $10.6 million as of September 30, 2021 Equity Inve
Slide 34: Revenue and Gross Profit
Revenue and Gross Profit www.VerifyMe.com $700 $612 $600 Confidential Property of VerifyMe $500 $ in Thousands $429 $400 70% $343 $300 $281 $245 82% $200 $200 82% $100 $75 NASDAQ:VRME $46 61% $0 FY 2018 FY 2019 FY 2020 * YTD 2021 Revenue Gross Profit 34
Slide 35: Balance Sheet
www.VerifyMe.com Balance Sheet September 30, 2021 Key Highlights ($ in thousands) (unaudited) December 31, 2020 Assets • Cash of $10.6M as of Confidential Property of VerifyMe Cash and cash equivalents $10,630 $7,939 September 30, 2021 Equity Investment 10,806 - • $10.8M Equity Investment in SPAC –G
Slide 36: Investment Highlights
www.VerifyMe.com Investment Highlights 1. Solving Global Counterfeiting 2. Technology Problem Safe, Practical, Highly Effective, Instant, Confidential Property of VerifyMe FBI: "Crime of the 21st Century” * Affordable and Easily Implemented FE: "$1.9-2.8 Trillion by 2022” ** 12 US and European Paten
Slide 37: Q&A
www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME 37 Q&A
Slide 38: Protect your brand. Grow your business.
Protect your brand. Grow your business. US Headquarters 75 S Clinton Avenue Suite 510 Rochester NY 14604 +1 585 736 9400 info@verifyme.com 38