{"id":400886,"date":"2020-12-16T08:33:33","date_gmt":"2020-12-16T13:33:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400886"},"modified":"2020-12-16T08:33:33","modified_gmt":"2020-12-16T13:33:33","slug":"verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/","title":{"rendered":"VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk  from the Proliferation of Online E-Commerce"},"content":{"rendered":"<h2>\nCompany\u2019s Technology Solutions Protect Brands and Consumers from Counterfeits<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">ROCHESTER, N.Y., Dec.  16, 2020  (GLOBE NEWSWIRE) &#8212; <strong>VerifyMe, Inc<\/strong>. (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Q6IWsYKTnMAcXvJiR7FxBcUe1vFaBbSHhgRCZdbjmkXqFC3DwAc9JTzBzXWdbu7m633pMTq5KbjiSjnt73qAQ0lWXxzETvYs-8iH9AuJXR8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">VRME<\/a>) (\u201cVerifyMe,\u201d \u201cwe,\u201d \u201cour,\u201d or the \u201cCompany\u201d), a solutions provider that helps brand owners monitor, control and protect their supply chain with software and counterfeit prevention technologies, is pleased to announce that it was featured in several recent media articles on the topic of the increase in counterfeit risk from the rise of online e-commerce.<\/p>\n<p align=\"justify\">VerifyMe\u2019s Chief Operating Officer, Keith Goldstein, was highlighted in discussing the Company\u2019s security authentication technology solutions in the following recent media articles:<\/p>\n<p align=\"justify\">E-Commerce Times article titled, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BmXxYOMsNkvchpFfnTEmg_IJLtewywIj9tDBCldmRs93rDatxtb0i2jEPAv0-IOhSHTOdTB4-RxGNMYmn_aROHIapZcC-1iw9bO24uFerwg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">\u201c<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=n-yAI7rIMut9lILYG_kSIWPENS2GKRFNVJx1jsOLAhN2ZeGhJikzMzV166-RhsVJPnhTJABvN1-6Eo-FLGlpqwVNNplNfOiPy3ODon3kSzA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">\u2018Tis<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4J1C9tz9Z0i2rGWm7kDWhMrcASqyzwPTpPUviW8Jgild_q0wv0IFd18SBHIyUTjgNpOTaTaPvn3-pNQSwWd1-uaZ7bbzjEe32NFlWug4NnDzTFhY55GLFdlmoQ2VLqPrBNueAuLjynzkctcHiOc66Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"> the Season for Online Counterfeits,\u201d<\/a> by Jack Germain on November 25, 2020.<\/p>\n<p align=\"justify\">Talk Business &amp; Politics article titled, \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=I2q4LsNG2-jGVgDedcuADYseVpZQLTlxloI1Qdm4rupMFuSZUf9L7qCJCYj6MymlAYbTYN0ELv5hvytMGdMdgbdikKVgrm1UBlAg8AIDKo4-q5FvKU6gCpSVkPZr6Rrue8Aoy76y21Z5hyztrZvKPaqDpyn68wRuY813HEEUTeeigd_D4HU7ivmtm3QzpSDkF-NpfvdhfuKL2AG3tpIEoCmK7ltxtPCAy5KANcyY5mXtvoSy52X2-dp1ze2IxQD5\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">The Supply Side: Online commerce rise increases counterfeit risk<\/a>\u201d by Kim Souza on December 5, 2020.<\/p>\n<p align=\"justify\">According to Forrester Research, 2020 online holiday sales in the U.S. will reach $173 billion.\u00a0COVID-19 limited in-store traffic, which led to many Americans making more purchases online, and retailers should expect an accelerated version of this trend during the remainder of 2020. U.S. online holiday sales will grow by an average of 24.4% over 2020.<\/p>\n<p align=\"justify\">Keith Goldstein, VerifyMe\u2019s Chief Operating Officer, commented, \u201cBlack Friday is usually primetime for in-store shopping, but this year will be much different. The uptick in e-commerce purchases along with Americans&#8217; heightened price sensitivities could give a boost to the counterfeit market. As shoppers look for cheaper options online, they may find themselves on unfamiliar websites or purchasing from unauthenticated vendors, tempted by low prices and better deals for seemingly the same product,\u201d he told the E-Commerce Times.<\/p>\n<p align=\"justify\">\u201cIf possible, buy directly from a brand owner&#8217;s website rather than e-commerce shopping sites, which have become dumping grounds for counterfeiters,\u201d urged Goldstein.<\/p>\n<p align=\"justify\">For instance, many companies are investing in track-and-trace technologies that are fixed onto products to protect them from counterfeiting. This typically includes invisible, non-replicable codes that can be scanned by warehouse distributors and retail companies to indicate if goods in the supply chain were tampered with. This technology protects products throughout the retail supply chain. It also can be used via visible QR codes that consumers can easily scan with a smartphone to prove authenticity.<\/p>\n<p align=\"justify\">When a consumer gets the item home, they can scan the code with their smartphone and verify its authenticity on the spot. This also gives brands direct engagement with the end-user and provides opportunities for marketing with coupons or storytelling by the manufacturer.<\/p>\n<p align=\"justify\">All the data is stored in the cloud; it\u2019s easily accessible by all the stakeholders. Product and supply chain transparency continues to be essential for consumers and brands. VerifyMe is working with several industries to test and use the technology to protect against counterfeiters and push branding messages out to consumers.<\/p>\n<p>\n        <strong>About VerifyMe, Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">VerifyMe, Inc. (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jsyqVrVABJ1F0EuN13qlRzeULeqzw3ZmBpoAve4I2XyluSaTfHoY6boUcRKLczRG0FViZD0NRWnMK-69c7YAV00z-p7Du9aKUja7_GoRZug=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">VRME<\/a>), is a technology solutions provider specializing in brand protection functions such as counterfeit prevention, authentication, serialization, and track and trace features for labels, packaging and products. VerifyMe\u2019s physical technology authenticates packaging, labels and documents with a suite of proprietary security inks and pigments, which work in conjunction with serialization and track and trace software known as VeriPAS\u2122 that allows both consumers and brand inspectors to verify authenticity with their smartphones. VeriPAS\u2122 is a serialization software system that brand owners access through a web portal to monitor, control and protect their products complete life cycle. To learn more, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=A8-3_0VgPE8RLkPfkSYRkr4rz-eOXnwfkUCcMpDlpGZy3ImTHA4tJZIm5NLMkNLFeqzjlxp5S2F0oW_0onLqiw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.verifyme.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Cautionary Note Regarding Forward-Looking Statements <\/strong><br \/>\n        <br \/>This release contains forward-looking statements regarding revenue opportunities, the use of our products in additional devices and locations, the results of ongoing tests, and roll-out of our products and authentication devices. The words &#8220;believe,&#8221; &#8220;may,&#8221; \u201cestimate,&#8221; &#8220;continue,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;should,&#8221; &#8220;plan,&#8221; &#8220;could,&#8221; &#8220;target,&#8221; &#8220;potential,&#8221; &#8220;is likely,&#8221; &#8220;will,&#8221; &#8220;expect&#8221; 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 the impact of the COVID-19 pandemic, intellectual property litigation, the successful development of our sales and marketing capabilities, 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, 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. Further information on our risk factors is contained in our filings with the Securities and Exchange Commission (the \u201cSEC\u201d), including under the heading \u201cRisk Factors\u201d in the Annual Report on Form 10-K for the year ended December 31, 2019 and the Quarterly Report on Form 10-Q for the three months ended September 30, 2020. 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.<\/p>\n<p>\n        <strong>For Licensing or Other Information Contact:<\/strong><br \/>\n        <br \/>Company: VerifyMe, Inc.<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hIb9xV6ILepCri9Q3VOHxdNAXg9kZq4G--vd61X8SlHXSHrqe4h88BcOGR3i4HhNdyxRqJ2sGbYk6_D0qbqCGA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">IR@verifyme.com<\/a><br \/>Website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ki0sFfV-YJhaXljh4UsqRcAQva5TjZ6gHr_eetcia8CdTJd0loI5zjckXgfdMOnNWvVpm92WzOI8eqfJWMf_l9p-XzT3d7dKhZaGURcC7OM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.verifyme.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><strong>Investors:<\/strong><br \/>ClearThink<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DpZGYYNCP_psi40jCCpo1A7dE9jeyknyUReqGQz0vBZckoT9vFwtim21Goe6NElRP0sXMdUNqvktP0yZ8nzOxWcPNmNhSd4Ax3VRGife3oA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">nyc@clearthink.capital<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI3NiMzODg0NDMzIzIwMjU4MDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/9c3e0e75-e40f-4f3b-b80e-79ca77aff642\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company\u2019s Technology Solutions Protect Brands and Consumers from Counterfeits ROCHESTER, N.Y., Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; VerifyMe, Inc. (NASDAQ: VRME) (\u201cVerifyMe,\u201d \u201cwe,\u201d \u201cour,\u201d or the \u201cCompany\u201d), a solutions provider that helps brand owners monitor, control and protect their supply chain with software and counterfeit prevention technologies, is pleased to announce that it was featured in several recent media articles on the topic of the increase in counterfeit risk from the rise of online e-commerce. VerifyMe\u2019s Chief Operating Officer, Keith Goldstein, was highlighted in discussing the Company\u2019s security authentication technology solutions in the following recent media articles: E-Commerce Times article titled, \u201c\u2018Tis the Season for Online Counterfeits,\u201d by Jack Germain on November 25, 2020. Talk Business &amp; Politics article titled, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk  from the Proliferation of Online E-Commerce&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400886","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk from the Proliferation of Online E-Commerce - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk from the Proliferation of Online E-Commerce - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company\u2019s Technology Solutions Protect Brands and Consumers from Counterfeits ROCHESTER, N.Y., Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; VerifyMe, Inc. (NASDAQ: VRME) (\u201cVerifyMe,\u201d \u201cwe,\u201d \u201cour,\u201d or the \u201cCompany\u201d), a solutions provider that helps brand owners monitor, control and protect their supply chain with software and counterfeit prevention technologies, is pleased to announce that it was featured in several recent media articles on the topic of the increase in counterfeit risk from the rise of online e-commerce. VerifyMe\u2019s Chief Operating Officer, Keith Goldstein, was highlighted in discussing the Company\u2019s security authentication technology solutions in the following recent media articles: E-Commerce Times article titled, \u201c\u2018Tis the Season for Online Counterfeits,\u201d by Jack Germain on November 25, 2020. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/","og_locale":"en_US","og_type":"article","og_title":"VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk from the Proliferation of Online E-Commerce - Market Newsdesk","og_description":"Company\u2019s Technology Solutions Protect Brands and Consumers from Counterfeits ROCHESTER, N.Y., Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; VerifyMe, Inc. (NASDAQ: VRME) (\u201cVerifyMe,\u201d \u201cwe,\u201d \u201cour,\u201d or the \u201cCompany\u201d), a solutions provider that helps brand owners monitor, control and protect their supply chain with software and counterfeit prevention technologies, is pleased to announce that it was featured in several recent media articles on the topic of the increase in counterfeit risk from the rise of online e-commerce. VerifyMe\u2019s Chief Operating Officer, Keith Goldstein, was highlighted in discussing the Company\u2019s security authentication technology solutions in the following recent media articles: E-Commerce Times article titled, \u201c\u2018Tis the Season for Online Counterfeits,\u201d by Jack Germain on November 25, 2020. Talk Business &amp; Politics article titled, &hellip; Continue reading \"VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk from the Proliferation of Online E-Commerce\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-16T13:33:33+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI3NiMzODg0NDMzIzIwMjU4MDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk from the Proliferation of Online E-Commerce","datePublished":"2020-12-16T13:33:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/"},"wordCount":929,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzI3NiMzODg0NDMzIzIwMjU4MDQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/verifyme-featured-in-various-media-articles-regarding-the-increase-in-counterfeit-risk-from-the-proliferation-of-online-e-commerce\/","name":"VerifyMe Featured in Various Media Articles Regarding the Increase in Counterfeit Risk from the Proliferation of Online E-Commerce - 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