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VALLEY ROUNDUP

Calabasas Park's Veritec Enters Joint Study With British Firm

February 11, 1986

Veritec has reached an agreement with G. R. Electronics Ltd. of Newport, Wales, to jointly study the development of hand-held computer terminals that would recognize identification codes on products as small as computer chips. No terms were disclosed.

Calabasas Park-based Veritec has devised an electronic anti-counterfeiting code it calls Vericode, which is similar in principle to the bar codes that electronically indicate prices on some grocery products. G. R. Electronics makes hand-held computers.

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