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Wednesday, October 22, 2014

A Revolution in Payment Systems; Biometric Experts Talk about Apple Pay and Smart Wallets

Tech Alert: A Revolution in Payment Systems; Biometric Experts Talk about Apple Pay and Smart Wallets

New York, NY - Point Roberts, WA - October 22, 2014 (www.investorideas.com newswire) Investorideas.com (www.investorideas.com), a financial news source covering leading sectors including biometrics and mobile tech, issues follow-up commentary from biometric experts following the official launch of Apple Pay. Alan Goode of Goode Intelligence, Janice Kephart, founder of the Secure Identity and Biometrics Association (SIBA) and Gino Pereira, CEO of NXT-ID (NASDAQ: NXTD) a company introducing its own biometric smart wallet, talk about the controversial launch that is shaking up the payment industry.

Biometric expert Alan Goode of Goode Intelligence commented, "Apple Pay has the potential to kick-start the mobile payments market and Apple has created a solution that is convenient, smart and secure. By partnering with large parts of the payments ecosystem, Apple Pay could well succeed where other mobile payments solutions have faltered. I think the stand-out feature of Apple Pay is the use of fingerprint biometrics for authentication purposes and mirrors PayPal and Alipay in its adoption. Other news this week; with the partnership between biometric card vendor, Zwipe, and MasterCard we may well be at the beginning of a transformation for payment authentication, replacing PINs for higher-value contact card-based payments and facilitating increased amounts for purchases using contactless cards and NFC-equipped mobile devices."

Janice Kephart, founder of the Secure Identity and Biometrics Association (SIBA) said,
"Apple Pay's launch could be a revolution in payment systems, and make using physical credit cards obsolete. But there are barriers to overcome in perceptions about privacy, security and convenience. It also is operating in a relatively small playing field: consumers must own an iPhone 6 and 6 Plus (the only phones which have both a fingerprint sensor and NFC (near field communication) chips and merchants must have NFC readers (they need not 'sign-up' for Apple Pay however). While the fingerprint sensor is one of the core gateway tools between a successful approved purchase or not and is accepted in the market at this point, there is another issue that has nothing to do with biometrics: people are so weary of trumped-up security going awry and ending in personal identifiable information being hacked, many will likely stay in a wait-and-see mode at least for the foreseeable future.
That doesn't mean Apple Pay will fail. It simply means it may take a bit for it to catch on."

Gino Pereira, CEO of NXT-ID, Inc, (NASDAQ: NXTD), a company launching a biometric smart wallet separate from a smartphone remarked; "Apple Pay has the potential to do well within a certain sector of the payments market. The obvious qualification is that one has to have an iPhone 6, so that will take a little time to build critical mass. Merchant terminals also need some to convert to the new NFC technology and with 10 million of them in the US it will take some time. Also certain significant vendors will not participate in the Applepay program ; notably the MCX members; 7-Eleven, Inc.; Alon Brands; Best Buy Co., Inc.; CVS/pharmacy; Darden Restaurants; HMSHost; Hy-Vee, Inc.; Lowe's; Michaels Stores, Inc.; Publix Super Markets, Inc.; Sears Holdings; Shell Oil Products US; Sunoco, Inc.; Target Corp. and Wal-Mart Stores, Inc. These stores represent one trillion dollars of purchases so the payments market continues to be very fragmented with many vendors vying for market share."

There is no doubt that if Apple is entering the smart wallet market, the opportunity is significant and they want their share. For consumers and investors, the smart wallet race is on and the payment industry is undergoing rapid change and there will be multiple choices and ways to benefit from this revolution and evolution.

Original article September 12, 2014:


About Goode Intelligence: http://www.goodeintelligence.com
Goode Intelligence works in information security, mobile security, authentication and identity verification, biometrics, enterprise mobility and mobile commerce sectors.

About Secure Identity and Biometrics Association (SIBA): http://www.sibassoc.org
SIBA represents vendors, nonprofits, and research institutions dedicated to responsible use of innovations, including biometrics, that protect and secure identity.

About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (NASDAQ:NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. www.wocketwallet.com

NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification that has 22 licensed patents in the field of 3D facial recognition www.nxt-id.com, www.3d-id.net
About InvestorIdeas.com: www.investorideas.com

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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: Investorideas.com has been engaged by NXTD for PR, media and news publication (five thousand per month plus 144 shares) Investor ideas is long shares. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Contact:
800-665-0411




Monday, October 20, 2014

NXT-ID (NASDAQ: NXTD) Chief Technology Officer Comments on Technology Differentiation of Wocket vs. Apple Pay

NXT-ID (NASDAQ: NXTD) Chief Technology Officer Comments on Technology Differentiation of Wocket vs. Apple Pay

SHELTON, Conn. - October 20, 2014 (Investorideas.com Newswire) NXT-ID, Inc., (NASDAQ: NXTD) ("NXT-ID" or the "Company"), a biometric authentication company focused on the growing mobile commerce market issues a recent blog entry from Mr. David Tunnell, Chief Technology Officer. Mr. Tunnell breaks down Apple Pay in the first of many blog posts examining alternative payment methods in a compare and contrast with their upcoming smart wallet, Wocket.


Excerpt:
With Apple Pay releasing this Monday, critics and fans alike are flush with opinions on the new payment feature in the iPhone 6. Although cell-phone based digital wallet payment solutions promise a more convenient and secure way to pay, they have fallen short of expectations achieving very little traction in the payment industry. Stunted by low adoption rates with both consumers and retailers, cell phone based payment solutions leveraging NFC simply further fragment an already fragmented industry, with only new iPhone 6 owners and an estimated 5% of point of sale terminals in the United States currently able to support Apple Pay. Large retailers such as Wal-Mart, Target and Best Buy are not expected to accept Apple Pay due to their involvement in yet other mobile payment solution, MCX.

Wocket™ doesn't attempt to render the wallet extinct – but rather enhance it. We aren't trying to force a new payment method, but rather be agnostic, supporting any payment system that consumers desire. With a focus on privacy and security, Wocket™ is not just another payment solution, Wocket™ is instead positioned to become the cornerstone of all future payment technologies.

Wocket™ is the first and only smart wallet, unique to the industry, adding electronics to wallets that have been around, and by all accounts will continue to be around, for decades. Unlike cell phone dependent and connected technologies, Wocket addresses the weaknesses that have thwarted previous digital and electronic wallets:

·        Wocket™ works without a smart-phone, disconnected from cloud-based services, and maintains all the features of a wallet within a secure personal vault, biometrically locked so only the owner of the information may gain access.
·        Wocket™ works at all POS and ATMs, as well as provides a platform for future technologies such as secure wireless payments. You can't put your smartphone in an ATM!
·        Unlike cell phones, Wocket™ provides the quickest possible way to access personal information as well as select payment accounts. With a battery life that allows for at least 6 months between charges, you will never be without a way to pay.

Wocket™ enables users to customize and carry whatever they need. It's truly the first universal and secure, payment solution.

As new payment technologies emerge, the fact remains that consumers will still carry a wallet to access ATMs, pay when their phone dies or loses signal, and checkout at locations that don't support NFC. Rather than a few hours of battery life between charges, an unprecedented minimum of 6 months can be achieved with typical use of Wocket™. In addition, Wocket™ is the only secure vault with a flexible platform that encompasses more than just a single payment method, and works everywhere you use your cards today.

Mr. David Tunnell, Chief Technology Officer



The full FAQ is also available at http://www.wocketwallet.com

Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99.

About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW):
NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. www.wocketwallet.com.

NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net.

Forward-Looking Statements for NXT-ID:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact:
Corporate info: info@nxt-id.com

Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com

Media: 800-665-0411
 dvanzant@investorideas.com


Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of June 2014, NXT-Id renewed for five thousand per month and average of two thousand five hundred 144 shares (cash equivalent) for news publication and marketing of Wocket smart wallet. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Become an Investorideas.com Member and access our 14 online stock directories 24/7 – biometrics, technology, mining stocks and more...



Thursday, October 16, 2014

Experts and Analyst Comment on Recent Security Breaches for National Cybersecurity Month

Experts and Analyst Comment on Recent Security Breaches for National Cybersecurity Month

Scott Sacknoff of the SPADE Defense Index, Cybersecurity experts, Kiersten Todt & Roger Cressey, Gino Pereira, CEO of NXT-ID  and Scott L. Greiper, of Secure Strategy Group Share Insight

New York NY- Point Roberts WA - October 16, 2014 - Investorideas.com (www.investorideas.com), a global news source covering leading sectors including cybersecurity and biometrics, issues commentary from industry experts and analysts on recent security breaches (including Home Depot and JP Morgan) as National Cybersecurity Month drives even more awareness to the issue.

October 2014 marks the 11th Annual National Cyber Security Awareness Month, sponsored by the Department of Homeland Security, in cooperation with the National Cyber Security Alliance and the Multi-State Information Sharing and Analysis Center.

Scott Sacknoff of the SPADE Defense Index (NYSE: ^DXS) said looking at stocks in the sector, “With increasing publicity related to network attacks, an increasing number of companies are increasing their cybersecurity investments to be proactive rather than responsive to attacks. The proof of this trend can be seen as cybersecurity companies report gains in the size of their customer base as well as growth in the contracts awarded by the large, S&P100-type firms. One can expect firms such as Palo Alto Networks (PANW), FireEye (FEYE), Cyber-Ark Software (CYBR), Barracuda Networks (CUDA), and Fortinet (FTNT) to be among those that should benefit.”

Scott L. Greiper, President of Secure Strategy Group, LLC. told us, "The growing list of big-name hacking victims will support the broad secular growth being enjoyed by many companies in the cyber security sector.  Our SSG Small Cap Homeland Security Report for the first half of 2014 documents the strong performance of small caps in this sector. We anticipate growth will continue as the cyber threat and related legal concerns are taken seriously by more and more enterprises, especially small and medium companies.  To be sure, market participants need to step carefully given the presence of some inflated valuations and shifting technology requirements that can have rapid and significant impacts on certain providers.”

Cybersecurity experts, Kiersten Todt & Roger Cressey, Liberty Group Ventures commented, “National Cybersecurity Month has been dominated by news reports of successful attacks in cyberspace.  Millions of accounts, addresses, names, phone numbers, and other valuable data have been stolen.  Recent high profile cyber breaches into Home Depot and JP Morgan, in particular, have demonstrated the diverse and pervasive threats that businesses face.  What are some of the key lessons from these significant breaches? 

Corporate board members are now being held responsible and accountable for breaches.  Corporate leaders must view Cyber risk as a risk equal to credit, liquidity, and operational risks.  Assessing risk is an enterprise-wide endeavor, not merely a department, division, or company activity. The complexity of cybersecurity interdependencies is a growing challenge for companies to understand and manage.  Recent corporate breaches also reflect an increased diversification of threat actors who have significant capabilities and have exposed the difficulty in discerning whether a cybersecurity adversary is a nation-state or a sophisticated criminal organization. Companies should assume they are targets of a complete range of adversaries and intentions.

Employee behavior is a primary corporate vulnerability – spearphishing remains the primary way adversaries can infiltrate a network. Educating employees is the foundation of effective corporate cybersecurity and is often neglected.  Private organizations should not expect the government to identify threats first; information sharing between the public and private sectors is essential to maintaining security and companies must commit to continually improving methods for information sharing.

Every company can learn from past breaches and apply the best practices and lessons learned upon which industry and government have agreed.  One tool that companies have already begun to use effectively to manage cyber risk, enterprise-wide, is the application of the NIST Cybersecurity Framework.  In light of the recent court ruling requiring companies to take “reasonable efforts” on cybersecurity, application of the NIST Framework can be viewed as doing so.

No company can stop every cyber threat to its organization; companies will continue to be breached and the adversaries will continue to be more creative and opportunistic in finding vulnerabilities to exploit.  Tools and technologies that help organizations more effectively manage cyber risk will become essential for companies to prosper in the current threat environment.“

Gino Pereira, CEO of NXT-ID (NASDAQ: NXTD) said, “Companies need to approach cyber security from a holistic standpoint. Personnel, hardware and software all play a role. Authentication is a major factor. Passwords have been proven to be ineffective and biometrics are increasingly being used as a means of authentication of personnel.  Authentication should also rely on at least two factors to allow access.  Behavior of staff with access to sensitive information needs to be monitored.  Do they have outside internet access?  Can their behavior invite breaching attacks?  Companies should also look at keeping sensitive information in an encrypted format.  Here at NXT-ID, we are developing technologies that not only require dual authentication for access control but also dynamic pairing codes that change for each enquiry, making it very difficult for attackers to gain access to sensitive information.”

National Cyber Security Awareness Month is designed to engage and educate public and private sector partners through events and initiatives with the goal of raising awareness about cybersecurity and increasing the resiliency of the nation in the event of a cyber incident.


Investorideas.com has created a global cybersecurity stock directory for investors to research the sector. http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp#CyberSecurity


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Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: Investorideas is compensated by NXTD five thousand per month plus 144 shares for PR, media and news publication.  .More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
800-665-0411 - Source – www.Investorideas.com






NXT-ID Inc. (NASDAQ: NXTD) to Present at 13th Annual FiRe Conference

Breaking Tech News: NXT-ID Inc. (NASDAQ: NXTD) to Present at 13th Annual FiRe Conference

FiRe - "The best technology conference in the world" - The Economist

SHELTON, Conn. - October 16, 2014 (Investorideas.com Newswire) NXT-ID, Inc., (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market announces that it will present its leading edge technologies including Wocket™, the Smart Wallet, at the 13th annual Future in Review® (FiRe) Conference. FiRe is a leading global conference on the intersection of technology and the economy.

Hosted by Mark Anderson, founder and publisher of the Strategic News Service™, the Future in Review® (FiRe) Conference exposes world experts and participants to new ideas in a manner that produces an accurate portrait of the future in technology, including the global economy, cloud computing, biology and medical diagnostics, policy, netbooks, space travel, sustainability, and other fields that contribute to technology outcomes. (Strategic News Service and the weekly SNS Global Report have been accurately predicting the technology industry's future since 1995.)

Top officers of world-class technology-driven companies and global investors and policymakers attend the annual conferences.

Gino Pereira, CEO of NXT-ID said," It is a great honor to be selected as a FiReStarter, one of only up to 12 companies chosen annually who, in the opinion of the Strategic News Service, are on the cusp of making great strides in improving our world."

The 13th annual FiRe Conference will be held October 6th – 9th, 2015, at the Stein Eriksen Lodge, in Park City, Utah.



Wocket™ is a smart wallet, the next evolution in smart devices, following the smart phone and smart watch. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. can also be stored on Wocket™.

Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99.

About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW):
NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. www.wocketwallet.com.

NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net.

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact:
Corporate info: info@nxt-id.com

Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com

Media: 800-665-0411
 dvanzant@investorideas.com

Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of June 2014, NXT-Id renewed for five thousand per month and average of two thousand five hundred 144 shares (cash equivalent) for news publication and marketing of Wocket smart wallet. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Become an Investorideas.com Member and access our 14 online stock directories 24/7 – biometrics, technology, mining stocks and more...






Thursday, October 9, 2014

NXT-ID Inc. (NASDAQ: NXTD) to Ring the Opening Bell of the NASDAQ Stock Market October 13th

Breaking Tech News: NXT-ID Inc. (NASDAQ: NXTD) to Ring the Opening Bell of the NASDAQ Stock Market October 13th

SHELTON, Conn. - October 9, 2014 (Investorideas.com Newswire) NXT-ID, Inc., (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market announces that in celebration of its recently completed financing and NASDAQ listing, it will ring the opening bell at the NASDAQ MarketSite in Times Square on Monday October 13th.

Gino Pereira, CEO of NXT-ID, said, "This is a significant day for the company and our shareholders. The recently completed financing and listing on NASDAQ is a milestone in our development. He added," We look forward to bringing our biometric smart wallet, the Wocket™, to consumers later this year as the first of our biometric identification and verification products. In this age where data breaches are common place our ability to protect and secure the private information of consumers assumes increasing importance."


Wocket™ is a smart wallet, the next evolution in smart devices, following the smart phone and smart watch. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. can also be stored on Wocket™.

Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99.

About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. www.wocketwallet.com.

NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net.

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact:
Corporate info: info@nxt-id.com

Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com

Media: 800-665-0411
 dvanzant@investorideas.com

Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of June 2014, NXT-Id renewed for five thousand per month and average of two thousand five hundred 144 shares (cash equivalent) for news publication and marketing of Wocket smart wallet. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Become an Investorideas.com Member and access our 14 online stock directories 24/7 – biometrics, technology, mining stocks and more...


Monday, October 6, 2014

NXT-ID (NASDAQ: NXTD) to Showcase Biometric Wocket Smart Wallet at 2015 CES (Consumer Electronics Show)

Breaking Tech News: NXT-ID (NASDAQ: NXTD) to Showcase Biometric Wocket Smart Wallet at 2015 CES (Consumer Electronics Show)

SHELTON, Conn. - October 6, 2014 (Investorideas.com Newswire) NXT-ID, Inc., (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market announces it will be exhibiting at the upcoming 2015 International CES (Consumer Electronics Show®), the world's gathering place for all who thrive on the business of consumer technologies, to be held in Las Vegas, January 6-9, 2015. The Company will be located at booths 21926 and 21927 in the South Hall lower level.

Gino Pereira, CEO of NXT-ID said, "With the recent news of extensive data theft at J.P. Morgan and Home Depot, consumers have no relief from the escalating concern over security breaches and identity theft from numerous data breaches before them."

He went on to say," We welcome the opportunity to demonstrate the unique features of the Wocket smart wallet at the International CES show and to show why having your own private vault as a wallet that you can store all your personal information in is becoming more compelling by the day."

The International CES is the world's gathering place for all who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for more than 40 years—the global stage where next-generation innovations are introduced to the marketplace. As the largest hands-on event of its kind, CES features all aspects of the industry. And because it is owned and produced by the Consumer Electronics Association (CEA), the technology trade association representing the $211 billion U.S. consumer electronics industry, it attracts the world's business leaders and pioneering thinkers to a forum where the industry's most relevant issues are addressed.

Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch.
NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. can also be stored on Wocket™.

Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99.

See the Wocket demo at the Plaza Hotel event:

The full Wocket product FAQ is available to consumers and media at:


About NXT- ID Inc.
NXT-ID, Inc.'s innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact:
Corporate info: info@nxt-id.com

Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com

Media: 800-665-0411

Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

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