VRTC Veritec Inc (PK)

Van Tran, CEO of Veritec, Inc. (PINKSHEETS: VRTC), a pioneer of proprietary two-dimensional matrix technology and mobile banking debit card solutions, announced the signing of a partnership agreement with Veterans Healthcare USA, of Reno, Nevada. Together, they will begin marketing a co-branded VHC/blinx On-Off™ Debit Card for all Veterans, Veteran's families, and 3.9 million Veteran owned businesses. Veritec's mobile banking software platform processes debit, pre-paid and gift card solutions to debit card issuers and sponsoring organizations. Veritec's technology can be deployed on both a closed or open loop processing platform. Using Veritec's Unique Mobile Banking Technologies, the card will allow cardholders to send funds to family members instantly anywhere in the world, receive notification on card usages, and turn a card on or off via phone or Internet.

About Veterans Healthcare USA

Veterans Healthcare USA is a Veteran-Owned Business whose CEO has held healthcare agreements with Veteran Service Organizations that have nearly six-million veterans in membership. Veterans Healthcare USA is presently opening clinics to treat members of the Veteran Community whom are suffering from anxiety, depression, and insomnia (ADI), Post Dramatic Stress Disorder (PTSD), Pain Management (PM), and Traumatic Brain Injury (TBI) without the use of pharmaceutical drugs. Quell Therapy, the proven technology used at their Patriot Wellness Clinics, is a breakthrough in the treatment of ADI, PTSD, PM and TBI. Their patented medical device has been approved by the FDA, the VA, and the DOD. Clinical studies support a success rate 95% greater than traditional methods. Quell Therapy is also available to the general public and most insurance will pay for all or part of treatment.

Richard Birmingham, the CEO of Veterans Healthcare USA, has developed a pharmaceutical program for a large Native American Indian tribe, and executed health care agreements with the 2.7 million members of the Veterans of Foreign Wars. Birmingham also created a diabetes health care program which significantly lowered health care costs for the 3.5 million members of the American Legion. To honor our nation's Veterans and their families, Veterans Health Care USA and Veritec, Inc. will donate a percentage of all credit card transactions to a Veterans Wellness Fund that will help pay for the treatment of ADI, PTSD, PM, and TBI for Veterans. Birmingham states, "We believe our partnership with Veritec, Inc. will revolutionize mobile banking and the way money is transferred. The card will provide consumers who do not or cannot use traditional banking services with security, control, and peace of mind. We are excited about the future with Veritec, and believe its proprietary technologies and security features are second to none."

About Veritec, Inc. and Veritec Financial Systems (VTFS)

Veritec, Inc. is a pioneer and developer of proprietary 2-D barcodes. The company's products include its proprietary VeriCode® and VSCode® symbology, Bio ID-VSCode® multi-purpose card solutions, and PhoneCodes™ for delivering electronic tickets, coupons and gift cards to mobile devices. Veritec Financial Systems, Inc. is a wholly owned subsidiary of Veritec, Inc. VTFS develops and licenses mobile banking, debit, gift, and prepaid card solutions and serves as a third party processor to banks for debit card transactions on the company's mobile banking platform.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments, and general economic conditions. Our SEC filings discuss some of the important risk factors that may affect our business, results of operations, and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason unless otherwise required to do so by SEC regulations.

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Contacts: Van Tran CEO Veritec, Inc. vtran@veritecinc.com www.veritecinc.com www.vtfs.com www.blinxcard.com Richard Birmingham CEO Veterans Healthcare USA richardlbirmingham@yahoo.com www.veteranshealthcareusa.com 2445 Winnetka Ave N. Golden Valley, MN 55427 www.veritecinc.com