VerifyMe Signs Mutual Sales Referral Agreement with The Agrarian Group

ROCHESTER, N.Y. — VerifyMe, together with its subsidiary PeriShip Global LLC, provides brand owners time and temperature sensitive logistics, supply chain monitoring, authentication and data-rich consumer engagement, announced today that it has entered into a Mutual Sales Referral Agreement with The Agrarian Group, LLC. The Agreement is structured to help advance food safety and customer loyalty, as well as increase revenue for both companies. TAG specializes in education that focuses on next generation agriculture to address the growing water, energy and food security nexus.

VerifyMe's Chief Executive Officer, Patrick White, commented, "The food industry is a major growth initiative for VerifyMe. Combining our PeriShip Global segment's ability to ship perishable food along with our new food safety solutions, we are very excited to announce this new strategic relationship with The Agrarian Group. We believe advanced indoor farming will play an increasingly important role in the food supply chain and that we are well positioned with TAG and our combined granted patents and trade secrets to help ensure that food safety and sustainability goes hand in hand with food access, shipping and affordability in the U.S. and around the world."

The Agrarian Group's President, Charlie Szoradi, commented, "We see tremendous potential in working with VerifyMe to set a new paradigm for next-generation agriculture. Consumers now have fast and easy ways to use their smart phones to click on VerifyMe food packaging QR codes. They can quickly see information that ranges from product sourcing and temperature control to promotions, and this transparency helps increase food safety while also building trust that increases customer loyalty."