Innovative U.S.-Based Packaging Provider Licenses VerifyMe RainbowSecure™ Ink Technology to Authenticate Products and Prevent Product DiversionROCHESTER, N.Y., Aug. 28, 2018 /PRNewswire/ -- VerifyMe, Inc. (OTCQB: VRME), a technology solutions company that markets a portfolio of proprietary products in the field of counterfeiting prevention, authentication, track and trace, serialization and multi-factor biometric verification solutions today announced a co-marketing and licensing agreement with Nosco, Inc., a subsidiary of Holden Industries, Inc. Under the terms of the agreement, Nosco, Inc. will be able to offer its major packaging clients VerifyMe RainbowSecure™ security ink, which has been certified for use by HP Indigo on its 6000 series of HP Indigo digital printing presses. HP Indigo markets VerifyMe RainbowSecure™ as "HP Indigo Security ElectroInk."
Patrick White, president and chief executive officer of VerifyMe, commented, "This licensing agreement with an innovative packaging solutions company such as Nosco is another win for brand owners and our shareholders. This makes three licensing contracts with significant HP Indigo 6000 series printers in the last several months for our RainbowSecure™ ink, which authenticates products and adds a layer of covert serialization for cloud-based track and trace functions." White continued, "Secure printing project inquiries have been increasing recently, as our solution has begun to be marketed by our global marketing partners (HP Indigo and S-One Holdings)."
"We are excited to partner with VerifyMe to bring this breakthrough technology to market," said Nosco's Senior VP of Sales and Marketing Craig Curran. "Through its use, we will be able to help our customers achieve brand and diversion protection across all markets."
Nosco is a large Chicago-based printer with six sites across the United States. The company specializes in printed packaging for the natural health, personal care and pharmaceutical industries.
About VerifyMe, Inc.
VerifyMe, Inc., is a technology solutions company that markets products supported by patents, patent applications and trade secrets which provides identifiers and serialization for authenticating, tracking and tracing functions for labels, packaging and products. The company also markets multi-factor biometric verification solutions to verify people. VerifyMe's physical technology authenticates packaging, labels & documents with a suite of proprietary security inks and pigments which work in conjunction with serialization, and track and trace software. The company's
digital technologies authenticate people by performing strong, multi-factor biometric verification via its patented digital software platforms. To learn more, visit www.verifyme.com
About Nosco (www.nosco.com)
Nosco is a full-service packaging solutions provider with a vested interest in the long-term success of its 400+ customers. With more than 110 years of experience, Nosco brings together business resources and technical expertise to help make its customers' packaging successful, every day. The company focuses on service to help continuously improve efficiencies related to supply chain, cycle times, lean initiatives and product launches. Nosco is a subsidiary of Holden Industries, Inc. and is 100% employee owned.