VerifyMe, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Adam H. Stedham
- Full Time Employees
- 30
- Sector
- Industrials
- Industry
- Security & Protection Services
- Address
- 801 International Parkway Lake Mary FL United States of America 14604
- IPO Date
- Dec 5, 2000
- CIK
- 0001104038
- Website
- verifyme.com
- Similar Companies
- Business
- VerifyMe, Inc. specializes in brand protection and precision logistics solutions, delivering cloud-based authentication, anti-counterfeiting, traceability, and consumer engagement technologies. Its core products include VerifyMe Authenticate™, which provides covert and overt security inks, taggants, unique serialization through QR codes and NFC, mobile authentication apps, and counterfeit detection primarily for apparel, pharmaceuticals, luxury goods, nutraceuticals, cannabis, and spirits sectors. The VerifyMe Engage™ platform enables brands to connect with consumers by triggering loyalty programs, promotions, product information, warranty registration, and customer feedback through authentication scans. Additionally, through its subsidiary PeriShip Global, VerifyMe offers Precision Logistics services focusing on specialized logistics management, proactive shipment monitoring, temperature control tracking, and delivery intervention for time and temperature-sensitive perishable goods such as specialty foods, pharmaceuticals, and healthcare products. The company employs an integrated physical and digital approach that combines security markers with cloud software to provide product-level authentication and supply chain transparency. VerifyMe operates globally with a focus on industries requiring rigorous counterfeit prevention and supply chain traceability, including luxury, electronics, pharmaceuticals, specialty food, and healthcare sectors. Founded in 1999 and headquartered in Lake Mary, Florida, the company was formerly known as LaserLock Technologies, Inc. until its rebranding in July 2015. Its operations are divided into two primary segments: Precision Logistics and Authentication, supported by subsidiaries PeriShip Global and Trust Codes Global. Recent major developments include strategic expansions through acquisitions and technology integrations from 2020 to 2024, notably the full acquisition of PeriShip Global and Trust Codes Limited, which enhanced its global footprint and technology platform particularly for food traceability. In 2025, VerifyMe's subsidiary PeriShip Global entered into key logistics agreements with United Parcel Service (UPS) to optimize its delivery channels. The company also discontinued FedEx shipping services for its Proactive services customers in September 2025 while preparing to onboard a new shipping partner. VerifyMe has emphasized a shift toward software-as-a-service (SaaS) revenue growth, focusing on recurring revenue models based on its integrated technology platform. Despite some revenue declines linked to contract discontinuations and shifts in customer strategies, VerifyMe continues to advance its brand protection and precision logistics solutions with ongoing platform integration efforts and cloud technology enhancements. VerifyMe, Inc. trades on the NASDAQ under ticker VRME and maintains a leadership team focused on innovation in item authentication, supply chain traceability, and consumer engagement technologies. Its mission centers on being an industry leader in technology solutions that enable secure, verifiable commerce worldwide while combating counterfeiting and diversion challenges for global brands. The company leverages patented physical security features embedded on products and packaging linked to digital identities managed through cloud-based platforms, offering robust authentication, supply chain security, and real-time logistics oversight. Overall, VerifyMe combines its advanced authentication inks and taggants, serialization technology, consumer engagement software, and precision logistics management to provide comprehensive brand protection and supply chain solutions to a diverse, global customer base across multiple regulated industries.
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