- VerifyMe ( NASDAQ: VRME ) and subsidiary PeriShip Global has acquired the assets of Trust Codes.
- Trust Codes was founded in 2013 and delivers cloud-based brand protection based on a unique per-item digital identity. It is a New Zealand business.
- This acquisition will strengthen VerifyMe's ability to deliver product traceability services to a global customer base.
- Patrick White, VerifyMe's CEO commented, "With much of Trust Codes customer base being in the food space, it provides a great opportunity to leverage that with PeriShip's customers and service offerings. We believe the two organizations have significant synergies, and with the innovative and sophisticated proprietary platform of Trust Codes and VerifyMe's presence in the US and Europe we will continue to grow our existing market share and expand into new markets to include Australasia and China."
For further details see:
VerifyMe acquires assets of Trust Codes