LAKE
MARY, Fla., April 26,
2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:
VRME) together with its subsidiaries, Trust Codes Global Limited
("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"),
(together "VerifyMe," "we," "our," or the "Company") provides brand
owners time and temperature sensitive logistics, supply chain
traceability and monitoring, authentication, and data-rich consumer
engagement services, announced today that they will participate in
two non-deal roadshows in the coming weeks. After our recent
release of results for the year ended December 31, 2022, and our recent acquisition of
Trust Codes Global, we received an unsolicited proposal to
participate in the Aegis virtual conference and believe this
platform provides an opportunity to engage with new investors
without any specific securities offering or transaction being
involved.
The company will be presenting on May 4,
2023, as part of the Aegis Capital Virtual Conference being
held from May 2-4. Aegis has
confirmed over 48 presenting companies and 400 confirmed attendees
including representatives from leading institutions.
Event: Aegis Capital Virtual Conference
Date: May 2-4, 2023, with VerifyMe
presentation on May 4, 2023
Time: 3:00 PM – 3:30 PM ET
Scott Greenberg, Interim CEO and
Executive Chairman stated, "We are excited to participate in this
conference which we believe is a valuable way to engage with
investors and provide important information about the company's
operations."
About VerifyMe, Inc.
VerifyMe, Inc. (NASDAQ: VRME),
together with its subsidiaries, Trust Codes Global and PeriShip
Global, is a software driven logistics provider of high-touch,
end-to-end logistics management. We provide logistics management
from a sophisticated IT platform with proprietary databases,
package and flight-tracking software, weather, and flight status
monitoring systems, as well as dynamic dashboards with real-time
visibility into shipment transit and last-mile events. In addition,
VerifyMe and Trust Codes Global provide brand protection and
consumer engagement solutions allowing brand owners to gather
business intelligence. To learn more, visit www.verifyme.com.
Cautionary Note Regarding Forward-Looking
Statements
This release contains forward-looking
statements. The words "believe," "will," and similar expressions,
as they relate to us, are intended to identify forward-looking
statements. We have based these forward-looking statements largely
on our current expectations and projections about future events and
financial trends that we believe may affect our financial
condition, results of operations, business strategy and financial
needs. Important factors that could cause actual results to differ
from those in the forward-looking statements include our engagement
in future acquisitions or strategic partnerships that increase our
capital requirements or cause us to incur debt or assume contingent
liabilities, the successful integration of our acquisitions
(including the assets of PeriShip Global and Trust
Codes Global), our reliance on one key strategic partner for
shipping services in our PeriShip Global Solutions
segment, competition including by our key strategic partner,
seasonal trends in our business, sever climate conditions, the
highly competitive nature of the industry in which we operate, our
brand image and corporate reputation, impairments related to our
goodwill and other intangible assets, economic and other factors
such as recessions, downturns in the economy, inflation, global
uncertainty and instability, the effects of pandemics, changes in
United States social, political,
and regulatory conditions and/or a disruption of financial markets,
reduced freight volumes due to economic conditions, reduced
discretionary spending in a recessionary environment, global
supply-chain delays or shortages, fluctuations in labor costs, raw
materials, and changes in the availability of key suppliers, our
history of losses, our ability to use our net operating losses to
offset future taxable income, the confusion of our name brand with
other brands, the ability of our technology to work as anticipated
and to successfully provide analytics logistics management, our
ability to manage our growth effectively, the small number of
customers that account for our revenue, our ability to successfully
develop and expand our sales and marketing capabilities, risks
related to doing business outside of the U.S., intellectual
property litigation, our ability to successfully develop,
implement, maintain, upgrade, enhance, and protect our information
technology systems, our reliance on third-party information
technology service providers, our ability to respond to evolving
laws related to information technology such as privacy laws, risks
related to deriving revenue from some clients in the cannabis
industry, our ability to retain key management personnel, our
ability to work with partners in selling our technologies to
businesses, production difficulties, our inability to enter into
contracts and arrangements with future partners, our ability to
acquire new customers, issues which may affect the reluctance of
large companies to change their purchasing of products, acceptance
of our technologies and the efficiency of our authenticators in the
field, our ability to comply with the continued listing standards
of the Nasdaq Capital Market, and our ability to
timely pay amounts due and comply with the covenants under our debt
facilities. These risk factors and uncertainties include those more
fully described in VerifyMe's Annual Report and
Quarterly Reports filed with the Securities and Exchange
Commission, including under the heading entitled "Risk Factors."
Should one or more of these risks or uncertainties materialize, or
should any of our underlying assumptions prove incorrect, actual
results may vary materially from those currently anticipated. Any
forward-looking statement made by us herein speaks only as of the
date on which it is made. Factors or events that could cause our
actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statement,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
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SOURCE VerifyMe, Inc.