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Thursday, January 20, 2022

VerifyMe [NASDAQ: VRME] Nabs Purchase Order For 2M Pre-Printed Anti-Counterfeiting Labels

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VerifyMe, Inc [NASDAQ: VRME] revealed that the company has been awarded an initial purchase order for PPE anti-counterfeit technology. The company obtained a request for 2 million pre-printed anti-counterfeiting labels. The labels will be use to track and trace for 2 million boxes of medical gloves. Furthermore, These gloves are a PPE ( personal protective equipment) and essential in battling the pandemic.

This request for complete pre-printed tamper-evident labels is the first request under the company’s collaboration with Renavotio. This is a tamper-proof label that is custom-made. It comprises numerous layered technology inserted and printed by VerifyMe.

Billy Robinson, Renavotio’s CEO, expressed, “Our collaboration with VerifyMe has opened up the abroad PPE market to us once more. The opportunities with the VerifyMe technology to verify and prove authentic will help prevent any PPE items from having any expected financial and lawful issues.”

Patrick White, President, and CEO of VerifyMe’s said, “Our technology will permit Renavotio to address to its customers with respect to the validity of any item it addresses through VerifyMe. The timeframe from entering into a collaboration with Renavotio to getting their first purchase request exhibits the critical need for the market to battle uncontrolled forging in PPE. We trust that this request will prompt additional prospects. Moreover, it will aid Renavotio concerning anti-fake, track and trace and brand assurance solution for PPE

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