VerifyMe Names Keith Goldstein as COO

9/12/17

VerifyMe, Inc. (OTCQB: VRME), a pioneer in patented physical, cyber and biometric technologies that prevent identity theft, counterfeiting and fraud, today announced that Keith E. Goldstein has been appointed Chief Operating Officer (COO) effective immediately.

As COO of VerifyMe, Mr. Goldstein will have responsibility for executing the company's strategy and its day-to-day operations. He will report directly to President and Chief Executive Officer, Patrick White.

"Keith has demonstrated his abilities as a strategic thinker and effective leader throughout his highly successful career," stated Mr. White. "He has a proven track record of creating enterprise value by growing sales and profitability through disciplined management and rationalization of business operations. With Keith in place, we have assembled a new, experienced and disciplined senior leadership team tasked with growing our business and delivering long-term value for our customers and shareholders."

Mr. Goldstein has more than 25 years of experience in strategic, operational and financial management across a variety of industries. Most recently, he served as the Chief Executive Officer of ABnote North America, a four-entity division of the American Banknote Corporation operating in the U.S. and Canada where he successfully grew the business through new product introductions and acquisitions.

Mr. Goldstein holds a Bachelor of Science in Business Administration from Boston University and is a licensed Certified Public Accountant with the Commonwealth of Massachusetts.

About VerifyMe, Inc.

VerifyMe, Inc., is a high-tech solutions company that markets a broad patent portfolio that includes patents in the field of authenticating products and people. VerifyMe's physical technology authenticates packaging, labels & documents with a suite of proprietary security inks and pigments. The company's digital technologies authenticate people by performing strong, multi-factor verification via its patented digital software platforms. To learn more, visit www.verifyme.com

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