VerifyMe and INX Form Strategic Partnership

VerifyMe, Inc., a digital technology solutions provider specializing in counterfeit prevention, authentication, serialization, track and trace features for labels, packaging and products, announces it has entered into a strategic partnership with INX International Ink Company, the third largest producer of inks in North America.

INX International is going to co-develop inkjet inks to be used for inkjet printing in combination with high speed, high volume label and packaging printing presses called “flexo” or “roll fed” printing presses. The specially formulated inks will enable these printing presses to print VerifyMe’s RainbowSecure™ invisible ink technology, which includes our variable VeriPAS Serialization, track and trace technology.

Currently, the VerifyMe’s RainbowSecure ink technology has only been available on the HP Indigo digital 6000 series press platforms. This development greatly expands (over 20 times) VerifyMe’s penetration into the global printing of labels and packaging. VerifyMe estimates that this strategic partnership with INX and their Ink Jet Ink development enables VerifyMe’s invisible ink technology to be implemented in approximately 95 percent of the remaining global label and packaging industry.

VerifyMe Chief Executive Officer Patrick White commented, “This is a significant milestone for our Company, as we expand the global availability of our RainbowSecure™ technology by over 20 times. This will allow us to compete for many of the very large print job opportunities that are printed by the high speed, high volume label and packaging printing industry.” White continued, “Our technology will soon be available on industry leading industrial ink jet heads used for variable printing in the high-speed label and packaging industry. With this new ink jet solution we will available to service virtually all of the global label and packaging manufacturers around the world. This is a key development to expand our revenue opportunities. Our first marketing launch will be at Label Expo Europe this September with the INX NW210 UV/LED Digital Press, utilizing some of the latest printhead technology.”

INX International’s President and Chief Executive Officer, John Hrdlick, commented, “We are excited to work with VerifyMe to bring their proprietary security, authentication and tracking technology to label and packing manufacturers around the world. We are strong believers in delivering what the customer wants, and there is a huge demand for brand protection and anti-counterfeiting. We look forward to working with VerifyMe’s team to bring their solutions to market.”

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