ROCHESTER, N.Y. – April 12, 2022 – VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”), providing brand owners authentication, supply chain monitoring, and data-rich consumer engagement features using unique smartphone readable codes on their products, is pleased to announce that Adam Stedham has joined as a new Director on the Board.

Mr. Stedham joins the Board of VerifyMe as a respected leader and senior executive of Learning Technologies Group plc, (“LTG”). Adam served as the President and CEO of GP Strategies Corporation (“GP Strategies”) for the past several years before it was acquired by LTG in October 2021 for approximately $400 million. GP Strategies is a global performance improvement solutions provider of sales and technical training, digital learning solutions, and management consulting. GP Strategies clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.

Adam Stedham stated, “It is an honor to join the Board of this growing company. I look forward to collaborating with the other members of the board and the management team to assist in the growth of VerifyMe for customers, employees, and shareholders.”

Scott Greenberg, Executive of the Board stated, “reuniting with Adam on the board of VerifyMe after working together at GP Strategies with him and current Board member Marshall Geller is very exciting.”

Mr. Stedham is a senior executive of Learning Technologies Group plc and became the Chief Executive Officer of GP Strategies Corporation in July 2020, and the President in November 2017. Prior to that role, he served as a Senior Vice President of GP Strategies since 2012 and as a Vice President from 2008 to 2012. Mr. Stedham has served as a leader of GP Strategies in roles of increasing responsibility since joining the company in 1997, including leading various service lines, managing the Asia Pacific region, and leading business development initiatives in multiple industries. Mr. Stedham has significant expertise in global operations, learning, and performance improvement. He holds a Masters of Business Administration from Anderson University, Master’s of Education from University of Pennsylvania, and Master’s in Adult & Community Education from Ball State University.

About VerifyMe, Inc.

VerifyMe, Inc. (NASDAQ: VRME), is a technology solutions provider specializing in products to connect brands with consumers. VerifyMe technologies give brand owners the ability to gather business intelligence while engaging directly with their consumers. VerifyMe technologies also provide brand protection and supply chain functions such as counterfeit prevention, authentication, serialization, and track and trace features for labels, packaging and products.

To learn more, visit www.verifyme.com.

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