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Wednesday, February 25, 2015

NXT-ID, Inc. (Nasdaq: NXTD; NXTDW) Media Alert for Recent Patent News; DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM

NXT-ID, Inc. (Nasdaq: NXTD; NXTDW) Media Alert for Recent Patent News; DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM

OXFORD, CT – February 25, 2015 (Investorideas.com Newswire) Investorideas.com reports on recent media coverage for featured tech stock, NXT-ID, Inc (NASDAQ: NXTD) and its recent news on the Company’s latest patent for “DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM.”

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 Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. 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 and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/


Media Coverage:

Excerpt:
CTPost.com/Connecticut Post
Patent filed for voice-directed payment system
Oxford-based NXT-ID, which sells the Wocket smart wallet, has filed a provisional patent for a voice-directed payment system. NXT-ID is a biometric authentication company focused on the mobile commerce market. With this patent, the company is introducing a new payment method where accounts can be selected via voice recognition and the payment account may be accessed only if the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized. NXT-ID's Wocket was recognized as one of the top technology products at the 2015 Consumer Electronics Show by multiple outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with the owner's biometric stamp of approval.

Excerpt:
iDigitalTimes.com
By Sanna Chu
Credit Card Voice Activation Coming Soon Thanks To Smart Wallet Maker
Smart credit cards that you control through voice commands may soon be a thing thanks to Wocket smart wallet maker, NXT-ID. The voice activation makes it easier to pull up one of up to 10,000 cards that might be stored on your Wocket smart wallet but it also provides an additional layer of security. The Wocket smart wallet can store digital version of up to 10,000 of your cards. You can swipe all your stripe cards like credit cards into the Wocket, scan in barcode cards or manually enter textual information. So instead of carrying all these physical cards, your smart wallet houses a digital version of the cards that can be accessed via the Wocket’s touchscreen. When it comes to paying, you can tap the wallet on POS systems that support NFC technology or you can load the card information onto the accompanying Wocket card to physically swipe a card. Therefore, Wocket smart wallet system will work anywhere credit cards or mobile tap to pay are accepted. With the new voice activation system, instead of pulling up the card you want through the touchscreen, you can just say the card you want out loud. Fortunately, you can name your cards so instead of shouting Mastercard account ending in 1234, so you can say Ice cream sundae account or grocery card instead of Black Amex Card. Unlike other smart cards or wallets, the Wocket can work on its own without an accompanying app or Internet connection. But there are also accompanying smartphone and desktop apps, so voice control and verification can also work across different devices.

Excerpt:
UberGizmo
By Edwin Kee
NXT-ID Patents Voice Directed Payment
Just in case you have not heard of NXT-ID, Inc. before, they are a biometric authentication company that is focused on the growing mobile commerce market. Well, it is interesting to note that the company has just filed a provisional patent 62114357 for DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM. This particular patent would see the introduction of a new groundbreaking payment method. You will be able to select payment accounts using voice recognition, while the payment account may be accessed only if the speech (the word associated with the payment account) and the speaker (a biometric) - both of them, are recognized. Similar to many of NXT-ID’s patents, this particular technology will play nice with existing Point-of-Sale (POS) technologies such as NFC and Magnetic Stripe.

Excerpt:
Planet Biometrics
NXT-ID patents voice-driven payments solution
Biometric security firm Nxt-ID, which develops the Wocket digital wallet, has filed a patent for a voice directed payment solution that the firm says will offer a convenient and secure biometric option for making purchases. Under NXT-ID’s new system, payment accounts stored on a mobile wallet or device can be selected via voice recognition and the payment account only be accessed if both the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized. Payment is then directed to an appropriate interface, such as Magnetic Stripe Emulation (MSE), Near Field Communication (NFC), or other interface to perform the payment with the selected account. Earlier this month, the firm patented a solution that created the ability for multiple devices to collaborate with one another to improve various services such as personal authentication. NXT-ID’s Wocket works on existing payment terminals. The device is the size of a small calculator and can store data on up to 10,000 debit, credit and loyalty cards. Wocket can also communicate with phones or tablets using an app.


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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: As of January 1, 2015 NXT-Id renewed for five thousand per month and long 144 shares for media and PR services and news publication. 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.

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Monday, February 23, 2015

NXT-ID (Nasdaq:NXTD; NXTDW) Patents Voice Directed Payments

Breaking Tech News: NXT-ID (Nasdaq:NXTD; NXTDW) Patents Voice Directed Payments

OXFORD, CT - February 23, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today that it has filed provisional patent 62114357 for
DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM.

With this patent, NXT-ID introduces a new groundbreaking payment method. Payment accounts may be selected via voice recognition and the payment account may only be accessed if both the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized. Once recognized, payment is directed to an appropriate interface, such as Magnetic Stripe Emulation (MSE), Near Field Communication (NFC), or other interface to perform the payment with the selected account. The patent also introduces the concept of "voice cards", which are alias names given by a user to describe specific private information such as credit and debit cards, further enhancing security as well as convenience.

"We are very excited to offer this new convenient and secure method to make payments", says David Tunnell, Chief Technology Officer of NXT-ID. "We've all been there – Waiting in line as we fumble through our wallets to fine the right card or information. With this invention, we not only secure your data by recognizing you are who you say you are from your voice, but we also provide an extremely convenient way for you to select how you wish to pay."

Like most of NXT-ID's patents, this technology works with current Point-of-Sale (POS) technologies such as NFC and Magnetic Stripe, but also can enhance the existing POS with added security as well as provide a path for more convenient and more secure future payment technologies.

"Convenience to access your private data is just as important as securing your private data", adds David. "With this invention, you may simply ask for a specific payment account and the account is programmed to an appropriate emulator that emulates the account selected. To make it even more convenient, the voice may be recognized and emulated on the same device, such as a cell phone or our Wocket smart wallet, or recognized on one device and directed to another device such as a watch or a reprogrammable smart card like our WocketCard to then make the payment. In addition, the ability to name your account further protects your information since no one knows which card you are choosing. For instance, no private information is revealed if you say "grocery card" or "gas card number 3". You know the account you are choosing, but no one else does."


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 Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. 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 and 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.

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


Media:
D. Van Zant
+1-800-665-0411
press@nxt-id.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 January 1, 2015 NXT-Id renewed for five thousand per month and long 144 shares for media and PR services and news publication. 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.

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Thursday, February 19, 2015

Samsung’s Mobile Wallet Acquisition of LoopPay Heats up Competition; How it Could Impact Apple Pay, Google Wallet, Wocket and COIN

Tech News - Samsung’s Mobile Wallet Acquisition of LoopPay Heats up Competition; How it Could Impact Apple Pay, Google Wallet, Wocket and COIN


New York NY - Point Roberts WA – February 19, 2015– (www.investorideas.com newswire) Investorideas.com, a global news source covering leading sectors including technology and tech stocks, reports on Samsung’s acquisition of LoopPay and how that could impact the playing field for Apple Pay, Google Wallet, Wocket  and COIN.

Samsung Electronics announced yesterday that it will acquire LoopPay (www.LoopPay.com), the mobile wallet solutions provider that turns existing magnetic stripe readers into secure, contactless receivers. LoopPay’s technology has the potential to work in approximately 90% of existing point-of-sale (POS) terminals, according to internal research, with no investment in new infrastructure required by merchants.

According to the news, “LoopPay will join Samsung to strengthen the company’s overall efforts to provide users with seamless, safe, and reliable mobile wallet solutions.”

One of the most notable differences between LoopPay and Apple Pay, the current leader in the space, is that it is capable of working at over 10 million locations - including Walmart and Starbucks.  In fact, in the brochure for LoopPay, they invite you to take the “Apple Pay/LoopPay challenge” to see who comes out on top.

LoopPay was one of the exhibiting companies in the personal privacy marketplace at CES 2015. Investorideas.com interviewed the company and also had a brief demo of how it worked. There were no rumblings of an acquisition at CES, where over 4000 journalists were present. Other companies in the marketplace included iWallet, Wocket, Silent Pocket and HyprKey.  

LoopPay, Inc. CES 2015 video demo:


The Wocket booth, located right beside LoopPay, was one of the busiest in the marketplace. Wocket (www.wocketwallet.com) is a 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. Wocket is the lead product for NXT-ID, Inc. (NASDAQ: NXTD and NXTDW).

“The strategic acquisition of LoopPay by Samsung highlights the need for modern payment systems to work on most 10 million point of sale terminals in the United States in order to gain real market penetration” said Gino Pereira, CEO of Nxt-ID (NASDAQ:NXTD).  “There are relatively few technologies that have been developed that can do this; our Wocket Wallet is one of them that can. The advantage of Wocket Wallet is that it can work independent of smartphone types or carriers.”

Wocket smart wallet demo 2015 CES; NXT-ID (NASDAQ:NXTD)


Investorideas.com has previously interviewed Mr. Kanishk Parashar, the CEO of COIN, a company that puts eight credit cards in one COIN. The company is still beta testing but has had a lot of attention as a possible contender. (https://onlycoin.com/)

Google's negotiations with Softcard to acquire the mobile payments company show the payment sector is ripe for acquisitions, as all of the big players look for a better way to make secure payments in this rapidly evolving industry. 

Samsung was an early investor in LoopPay and hedged its bets, waiting for the right moment to acquire the company and potentially take the lead.

Original article CES:

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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: As of January 1, 2015 NXT-Id: five thousand per month and long 144 shares for media and PR services and news publication. 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.

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Friday, February 13, 2015

CyberSecurity Stocks Spotlight; White House Summit on Cybersecurity and Consumer Protection Takes Place


CyberSecurity Stocks Spotlight; White House Summit on Cybersecurity and Consumer Protection Takes Place

Point Roberts WA, NEW YORK, NY – February 13, 2015 - Investorideas.com, a global news source covering leading sectors including cybersecurity stocks releases its updated directory for investors following the sector as the White House Summit on Cybersecurity and Consumer Protection takes place today .

Today, February 13, the President is convening leaders from throughout the country who have a stake in bolstering cybersecurity – from industry, tech companies, and consumer and privacy advocates to law enforcement, educators, and students.  Participants will discuss opportunities to spur collaboration and develop partnerships in the cybersecurity and consumer financial worlds to share best practices, promote stronger adherence to security standards, improve cyber threat information sharing, and encourage the adoption of more secure payment technologies.

FACT SHEET: White House Summit on Cybersecurity and Consumer Protection:

CyberSecurity Stocks Preview:
Absolute Software Corporation (TSX:ABT.TO) is the industry standard in persistent endpoint security and management for computers, laptops, tablets and smartphones. The Company, a leader in device security and management tracking for 20 years, has over 30,000 commercial customers worldwide. Absolute's solutions - Computrace®, Absolute Manage®, Absolute Service, Absolute Secure Drive, and Absolute LoJack® - provide organizations with actionable intelligence to prove compliance, securely manage BYOD, and deliver comprehensive visibility and control over all of their devices and data. Absolute is positioned on two Gartner, Inc. Magic Quadrants - the Magic Quadrant for Client Management Tools and the Magic Quadrant for Mobile Device Management Software. Absolute is one of only four vendors to be recognized on both Magic Quadrants based on providing customers with the ability to secure and manage many different types of devices using a single solution. Absolute persistence technology is embedded in the firmware of computers, netbooks, tablets and smartphones by global leaders, including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Motion, Panasonic, Samsung, and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple.
AT&T Inc. (NYSE: T) AT&T Government Services (AGS), a business unit of AT&T Corp., delivers IT solutions spanning cyber security, networking, wireless, mission support and applications. Thousands of experienced AGS personnel, along with certified professionals throughout the AT&T family of companies, focus exclusively on supporting the federal government.
AVG Technologies N.V. (NYSE:AVG) is the online security company providing leading software and services to secure devices, data and people.  AVG has over 182 million active users, as of June 30, 2014, using AVG's products and services including Internet security, performance optimization, and personal privacy and identity protection. By choosing AVG's products, users become part of a trusted global community that engages directly with AVG to provide feedback and offer mutual support to other customers.
Barracuda Networks (NYSE:CUDA) provides cloud-connected security and storage solutions that simplify IT. These powerful, easy-to-use and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud and hybrid deployments. Barracuda's customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data security. Barracuda Networks has developed a worldwide reputation as the go-to leader for providing government agencies with powerful yet easy-to-use IT solutions that simplify the most complex security, storage, application delivery, networking and data protection challenges.
BlackBerry (Research in motion) (NasdaqGS:BBRY; TSX:BB.TO) a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. Today, BlackBerry products and services are used by millions of customers around the world to stay connected to the people and content that matter most throughout their day. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe, Asia Pacific and Latin America. Integral security features and an ever-expanding administrative toolset have earned BlackBerry® products the trust of some of the most secure organizations in the world. These security features have also made the BlackBerry solution a world leader in mobile security certifications
CA Technologies. (NasdaqGS:CA) provides IT management solutions that help customers manage and secure complex IT environments to support agile business services. Organizations leverage CA Technologies software and SaaS solutions to accelerate innovation, transform infrastructure and secure data and identities, from the data center to the cloud.
Cecurity.com (Paris:MLCEC.PA) is a French company and since 2001 the leader in publishing electronic vault software for the control of original digital documents. The areas of expertise of the Cecurity Group cover dematerialisation, legal archiving, data protection, traceability and certified electronic mail. Through its subsidiaries, the Cecurity Group is also a provider of services. These services are based on the use of its own technologies in SaaS (Software as a Service) mode.
Check Point Software Technologies Ltd. (NasdaqGS:CHKP) the worldwide leader in securing the Internet, provides customers with uncompromised protection against all types of threats, reduces security complexity and lowers total cost of ownership. Check Point first pioneered the industry with FireWall-1 and its patented stateful inspection technology. Today, Check Point continues to develop new innovations based on the Software Blade Architecture, providing customers with flexible and simple solutions that can be fully customized to meet the exact security needs of any organization. Check Point is the only vendor to go beyond technology and define security as a business process. Check Point 3D Security uniquely combines policy, people and enforcement for greater protection of information assets and helps organizations implement a blueprint for security that aligns with business needs. Customers include tens of thousands of organizations of all sizes, including all Fortune and Global 100 companies. Check Point's award-winning ZoneAlarm solutions protect millions of consumers from hackers, spyware and identity theft.
Cisco Systems Inc. (NASDAQGS: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. Security Solutions
CommVault Systems, Inc. (NasdaqGS:CVLT) A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVault's Simpana® software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer.
Computer Services, Inc. (CSI) (OTC: CSVI) delivers core processing, managed services, mobile and Internet solutions, payments processing, print and electronic distribution, and regulatory compliance solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers List. CSI Managed Security.
CSP Inc (NasdaqGM: CSPI) and its subsidiaries develop and market IT integration solutions and high-performance computer systems to meet the diverse requirements of our industrial, commercial, and defense customers worldwide. CSP, Inc's High Performance Products & Solutions segment includes the MultiComputer Division, which designs and manufactures commercial high-performance computer signal processing systems for a variety of complex real time applications in defense and commercial markets. The Company also owns Myricom, a pioneer in high performance computing interconnect technology. Founded in 1970, Modcomp, Inc. is part of CSPI's Information Technology Solutions segment, and has offices in North America and Europe. Modcomp provides solutions and services for complex IT environments including disaster recovery, mobility, managed services, security, data center management, and collaboration.
Cybergy Holdings Inc. (OTC:CYBG) is a national leader in cybersecurity, smart grid technologies, renewable energy and mission-oriented government services. Headquartered in Englewood, Colorado, Cybergy Holdings' team of approximately 100 employees delivers innovative technical and management services through its 3 divisions: New West Technologies, which was founded in 1996 and provides clean, smart, and reliable energy solutions and is a 5 time winner of the Inc. 500/5000 fastest growing private companies in America; Primetrix, which serves U.S. Federal Government contractor firms with contract procurement, compliance, and growth services; and Cybergy Labs, an award-winning developer of specialized cybersecurity software applications, including SmartFile.
Digimarc Corp. (NasdaqGS:DMRC) is a leading innovator and provider of enabling technologies that create digital identities for all forms of media and many everyday objects. Digimarc's digital IDs are imperceptible to humans and enable computers, networks and devices like mobile phones to better "see, hear and understand" brand impressions and other objects of interest. Digimarc has built an extensive intellectual property portfolio with patents in digital watermarking, content identification and management, media and object discovery to enable ubiquitous computing and related technologies. Digimarc develops solutions, licenses its intellectual property, and provides development services to business partners across a range of industries.
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InvestorIdeas.com newswire is a global recognized news source. We publish original content, third party investment commentary, contributor articles, company news and press releases in leading sectors.
Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, sports and entertainment.

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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 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. 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 Investorideas.com
800 665 0411


Thursday, February 12, 2015

NXT-ID (Nasdaq:NXTD; NXTDW) Patents Collaborative Services to Enable the "Internet of Things"

Breaking Tech News: NXT-ID (Nasdaq:NXTD; NXTDW) Patents Collaborative Services to Enable the "Internet of Things"

Patent further advances biometric authentication for Wocket™

OXFORD, CT - February 12, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today that it has filed provisional patent 62/113114 for
DISTRIBUTED METHOD AND SYSTEM TO IMPROVE COLLABORATIVE SERVICES ACROSS MULTIPLE DEVICES.

The patent further establishes NXT-ID's position in the emerging "Internet of Things" by adding to its intellectual property portfolio the ability for multiple devices to collaborate with one another to improve various services such as personal authentication. The patent also introduces new collaborative payment authentication methods by requiring multiple devices such as wearables and mobile devices to collaborate with one another before a payment can be made.

"Wearable and mobile devices will interact with traditional stationary devices more and more in the future," says David Tunnell, Chief Technology Officer of NXT-ID. "As watches, phones and smart wallets interact more and more with locks, appliances and point of sale (POS) systems, for example, the opportunity to harness the collective processing and unique features of the devices to improve user experience exists. Unfortunately, the opportunity for hacking also exists. The multi-device collaborative services described within this patent improve not only the convenience of interaction with multiple devices, but also improves security through collaborative authentication services."

He also went on to say, "This patent further advances biometric authentication for our Wocket™ smart wallet by enhancing training of our voicematch algorithm using multiple devices. We also enhance security of Wocket by introducing a new proximity based payment solution that requires multiple devices, such as Wocket and Wocket card, to be present before payment can be performed. This method further reduces potential fraud by only authorizing payment if both devices communicate without one another, further reducing any possibility of loss of personal information due to theft of either device."


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 Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. 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 and 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.

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


Media:
D. Van Zant
+1-800-665-0411
press@nxt-id.com

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

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