VeriTeQ Files Its 10-K and Announces 2014 Highligh

VeriTeQ Files Its 10-K and Announces 2014 Highlights
VeriTeQ Commercially Launched Its Q Inside Safety Technology and Delivered More Than 15,000 Units in 2014

VeriTeQ Corporation
15 hours ago
GlobeNewswire

DELRAY BEACH, Fla., April 16, 2015 (GLOBE NEWSWIRE) -- VeriTeQ Corporation ("VeriTeQ" or the "Company" (OTC Markets:VTEQ), a provider of implantable medical device identification and radiation dose measurement technologies, announced that it has filed its Form 10-K for the year ended December 31, 2014, and is updating investors and others on its achievements for 2014, including the launch of its Q Inside Safety Technology(TM).

2014 Highlights

Official commercial launch of Q Inside Safety Technology
Delivered more than 15,000 units of Q Inside Safety Technology to customers

VeriTeQ's customer, Establishment Labs S.A. ("EL" , received CE Mark approvals for its Motiva Implant Matrix Ergonomix(TM), Motiva Implant Matrix(R) VelvetSurface PLUS, and Motiva Implant Matrix(R) SilkSurface PLUS, all with Q Inside Safety Technology

More than 5,000 women received breast implants with VeriTeQ's Q Inside Safety Technology Launched next generation of Q Inside Safety Technology readers and delivered more than 100 units

VeriTeQ and EL to co-develop a pressure-sensing micro-transponder to be used in tissue expanders for breast reconstruction and tissue expansion
Entered an agreement with North Carolina State University to exclusively license 24 patents related to VeriTeQ's FDA cleared Q Inside SmartMarker and OneDose technologies for radiation dosimetry

"We are very proud of the rapid commercial launch and growth of Q Inside Safety Technology during 2014," stated Scott R. Silverman, Chairman and CEO of VeriTeQ. "With more than 5,000 women who have chosen to receive breast implants with Q Inside Safety Technology at the end of our first year of launching the product, we believe we are making a difference to improve personalized medicine and provide the highest device quality and verification for patients."

Q Inside Safety Technology, which acts as an electronic serial number within implanted medical devices, is currently being used within EL's Motiva Implant Matrix(R) breast implants. Q Inside Safety Technology enables physicians and patients to access a secure, online database to retrieve implant-specific data, such as serial number, manufacturer name, date of manufacture, lot number, volume, size, and other data from the device manufacturer. EL markets its CE marked breast implants throughout Europe, the United Kingdom, Latin America and Asia


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