VeriTeQ Corp. (fka VTEQ)

[otc market movers]

DELRAY BEACH, Fla., Sep 18, 2014 (GLOBE NEWSWIRE via COMTEX) -- VeriTeQ Corporation ("VeriTeQ") (OTC Markets:VTEQ), a provider of implantable medical device identification and radiation dose measurement technologies, announced today that it has unveiled two new readers used to identify VeriTeQ's Q Inside Safety Technology(TM) within implantable medical devices: the Q Inside Reader + and the Q Inside Reader XR +. The new readers are being launched based on demand from the breast implant industry.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=27730

The readers will identify VeriTeQ's Q Inside Safety Technology micro-transponders used for unique medical device identification. The Q Inside Reader + is Bluetooth-enabled and comes complete with a USB lead for charging the reader's internal rechargeable battery. The Q Inside Reader XR + is also Bluetooth-enabled and has an extended read-range.

VeriTeQ's FDA cleared Q Inside Safety Technology(TM) acts as an electronic serial number in breast implants and other implantable and reusable medical devices to provide physicians and patients access to secure online databases to retrieve device-specific data, such as serial number, manufacturer name, date of manufacture, lot number, volume, size, and other data from the medical device manufacturer. Q Inside Safety Technology(TM) may also provide an extra level of protection to the patient in the event of a recall or other safety event.

"Feedback from our customers and technology innovation has always been a vital part of our business, so we felt it was necessary to evolve our product offerings to meet the demands of those who are critical to our growth," said Scott R. Silverman, VeriTeQ's Chairman and Chief Executive Officer. "The new Q Inside readers are compact and easy-to-use, with a look and feel that better represents the aesthetic of the industry we serve."