Veritec, Inc. engages in the development, marketing, and sale of a line of microprocessor based encoding and decoding systems that utilize ‘Matrix Symbology’, a two-dimensional barcode technology. It offers VeriCode symbol, a two-dimensional high data density machine-readable symbol based on a matrix pattern; VSCode symbol that could hold various forms of binary information, including numbers, letters, images, photos, graphics, and the minutia for biometric information, such as fingerprints. The company also offers software products, which allow individuals or companies to receive or distribute gift cards, tickets, coupons, receipts, or votes using the VeriCode technology via wireless phone or personal digital assistant. In addition, Veritec, Inc. provides secure identification cards, time and attendance software, and fingerprint card reader technology. It markets its products in the United States, Japan, Korea, Taiwan, and Germany. The company was founded in 1982 and is based in Golden Valley, Minnesota.