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VerifyMe Provides Services Update

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VerifyMe (NASDAQ: VRME) announced a significant operational update regarding its PeriShip Precision Logistics division. The company will discontinue FedEx shipping services for Proactive services customers effective September 24, 2025, while introducing a new shipping partner later in the month.

Key business metrics reveal that the top 5% of customers generate over 60% of Proactive services revenue, with an average customer relationship spanning over 7 years. The company expects the new shipping partnership to provide cost savings for customers during peak holiday season while maintaining service quality. The change will not affect Premium services provided to FedEx customers.

VerifyMe (NASDAQ: VRME) ha comunicato un aggiornamento operativo rilevante per la divisione PeriShip Precision Logistics. A partire dal 24 settembre 2025 l'azienda interromperà i servizi di spedizione con FedEx per i clienti dei servizi Proactive, e presenterà un nuovo partner logistico più avanti nel mese.

I principali indicatori aziendali mostrano che il 5% circa dei clienti genera oltre il 60% dei ricavi dei servizi Proactive, con una relazione commerciale media di oltre 7 anni. VerifyMe prevede che la nuova collaborazione per le spedizioni offrirà risparmi sui costi per i clienti nei picchi della stagione festiva, mantenendo la qualità del servizio. La modifica non interesserà i servizi Premium forniti ai clienti FedEx.

VerifyMe (NASDAQ: VRME) anunció una actualización operativa importante para su división PeriShip Precision Logistics. A partir del 24 de septiembre de 2025 la compañía dejará de usar los servicios de envío de FedEx para los clientes de los servicios Proactive y presentará un nuevo socio de envío más adelante ese mes.

Las métricas clave muestran que el 5% superior de los clientes genera más del 60% de los ingresos de los servicios Proactive, con una relación comercial promedio de más de 7 años. La empresa espera que la nueva asociación de envíos proporcione ahorros de costos para los clientes durante la temporada alta de fiestas, manteniendo la calidad del servicio. El cambio no afectará a los servicios Premium prestados a clientes de FedEx.

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핵심 ì§€í‘œì— ë”°ë¥´ë©� Proactive 서비ìŠ� 수ìµì� 60% ì´ìƒì€ ìƒìœ„ 5%ì� ê³ ê°ì—서 ë°œìƒí•˜ë©°, í‰ê·  거래 ê´€ê³� ê¸°ê°„ì€ 7ë…� ì´ìƒìž…니ë‹�. 회사ëŠ� 새로ìš� 배송 파트너십ì� ì—°ë§ ì„±ìˆ˜ê¸� ë™ì•ˆ ê³ ê°ì—게 비용 ì ˆê°ì� 제공하면ì„� 서비ìŠ� 품질ì� 유지í•� 것으ë¡� 기대하고 있습니다. ì´ë²ˆ ë³€ê²½ì€ FedEx ê³ ê°ì—게 제공ë˜ëŠ” 프리미엄 서비스ì—ëŠ� ì˜í–¥ì� 미치지 않습니다.

VerifyMe (NASDAQ: VRME) a annoncé une mise à jour opérationnelle importante concernant sa division PeriShip Precision Logistics. À compter du 24 septembre 2025, la société cessera d'utiliser les services d'expédition FedEx pour les clients des services Proactive et présentera un nouveau partenaire d'expédition plus tard dans le mois.

Les indicateurs clés montrent que les 5% des meilleurs clients génèrent plus de 60% des revenus des services Proactive, avec une relation client moyenne de plus de 7 ans. L'entreprise estime que ce nouveau partenariat d'expédition permettra des économies pour les clients pendant la période de forte affluence des fêtes, tout en maintenant la qualité du service. Ce changement n'affectera pas les services Premium fournis aux clients FedEx.

VerifyMe (NASDAQ: VRME) gab ein bedeutendes Betriebsupdate für die Sparte PeriShip Precision Logistics bekannt. Das Unternehmen wird zum 24. September 2025 die FedEx-Versanddienste für Proactive-Kunden einstellen und plant, später im Monat einen neuen Versandpartner einzuführen.

Wichtige Kennzahlen zeigen, dass die Top-5% der Kunden über 60% der Proactive-Umsätze erwirtschaften, bei einer durchschnittlichen Kundenbeziehung von über 7 Jahren. VerifyMe rechnet damit, dass die neue Versandpartnerschaft während der Hauptsaison Kosteneinsparungen für Kunden ermöglicht und zugleich die Servicequalität beibehält. Die Änderung betrifft nicht die Premium-Dienstleistungen für FedEx-Kunden.

Positive
  • Top 5% of customers generate over 60% of Proactive services revenue, showing strong client concentration
  • Average customer relationship of over 7 years demonstrates strong client retention
  • New shipping partnership expected to reduce costs for customers during peak season
Negative
  • Discontinuation of FedEx shipping services for Proactive services customers may cause temporary disruption
  • High revenue concentration in top 5% of customers poses potential business risk

LAKE MARY, Fla., Sept. 11, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today an update on its services.

Effective September 24, 2025, VerifyMe's Periship Precision Logistics division will no longer offer FedEx shipping services to our Proactive services customers, but we are excited to begin offering customers our Proactive services aligned to our new shipping partner, which is expected to commence later this month. Within PeriShip's Precision Logistics business, the top 5% of our customers generate over 60% of our Proactive services revenue. The average tenure of the relationship between our Precision Logistics business and these customers is over 7 years. We believe our relationship with our new shipping partner will allow our Proactive customers to realize savings on their shipping costs during the peak holiday season, while maintaining the valuable shipment tracking and customer services they have received from our Precision Logistics business over the length of our relationship. This change is not expected to impact the Premium services we provide to our FedEx customers.

About VerifyMe, Inc.
VerifyMe, Inc. (NASDAQ: VRME), together with its subsidiaries, PeriShip Global and Trust Codes Global, is a traceability and customer support services provider using specialized software and process technology. The company operates a Precision Logistics Segment and an Authentication Segment to provide specialized logistics for time-and-temperature sensitive products, as well as item level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. VerifyMe serves customers worldwide. To learn more, visit .

Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "can," "will," "expect," 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 whether we are able to update our technology systems to transition our Proactive clients to our new shipping partner by the end of this month or at all, whether we will be able to maintain similar Proactive revenue and gross margin when we transition our Proactive clients to our new shipping partner, whether our Proactive clients will transition to our new shipping partner, whether we can maintain our relationship with our new shipping partner, whether we will continue to be able to offer our Premium services to FedEx customers, the expected negative impact to revenue or gross margin if we lose more customers than anticipated to FedEx, our reliance on our new shipping partner for shipping services to our Proactive customer, our global carrier partners developing technologies that compete with the services offered by our Precision Logistics segment, seasonal trends in our business, sever climate conditions, the highly competitive nature of the industry in which we operate, our brand image and corporate reputation, impairments related to our goodwill and other intangible assets, economic and other factors such as recessions, downturns in the economy, inflation, global uncertainty and instability, the effects of pandemics, changes in United States social, political, and regulatory conditions and/or a disruption of financial markets, reduced freight volumes due to economic conditions, reduced discretionary spending in a recessionary environment, global supply-chain delays or shortages, fluctuations in labor costs, raw materials, and changes in the availability of key suppliers,  andour ability to comply with the continued listing standards of the Nasdaq Capital Market. These risk factors and uncertainties include those more fully described in VerifyMe's Annual Report and Quarterly Reports filed with the Securities and Exchange Commission, including under the heading entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of our underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. 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.

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SOURCE VerifyMe, Inc.

FAQ

When will VerifyMe (VRME) discontinue FedEx shipping services for Proactive customers?

VerifyMe will discontinue FedEx shipping services for Proactive services customers effective September 24, 2025.

What percentage of VerifyMe's Proactive services revenue comes from top customers?

The top 5% of customers generate over 60% of VerifyMe's Proactive services revenue.

How long has VerifyMe maintained relationships with its Precision Logistics customers?

The average tenure of relationships between VerifyMe's Precision Logistics business and its customers is over 7 years.

Will VerifyMe's Premium FedEx services be affected by the shipping partner change?

No, the change will not impact the Premium services provided to FedEx customers.

What benefits will VerifyMe's new shipping partnership offer to customers?

The new shipping partnership is expected to help customers realize savings on shipping costs during peak holiday season while maintaining existing shipment tracking and customer services.
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Security & Protection Services
Services-computer Integrated Systems Design
United States
LAKE MARY