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Friday, May 27, 2016

Stock Directory Additions in Technology, Biotech, Gaming, Energy, Cleantech and Marijuana Stocks

Stock Directory Additions in Technology, Biotech, Gaming, Energy, Cleantech and Marijuana Stocks

Biotech Stocks Added Include: NYSE: XON; Nasdaq: BSTG, SBPH; OTC: EMBT, MRLA, EWLL, IGAP, MICBE, TLTFF; TSX: NRI; TSXV: TLT and Korea Stock Exchange 011000

Point Roberts, WA, Delta BC – May 26, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces this week’s additions to its global stock directories.  Additions include technology stocks, biotech/life sciences stocks, energy stocks, a medical marijuana stock, an online gaming/gambling stock and a new energy efficiency stock, Tecogen Inc. (NasdaqCM:TGEN), which designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products and is known for cost efficient, environmentally friendly and reliable products for energy production.

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.


Companies added to Biotech/Life Sciences Stocks include: Biostage Inc. (NasdaqCM:BSTG), Ember Therapeutics, Inc (OTC:EMBT), Emerald Medical Applications Corp. (OTC:MRLA), eWellness Healthcare Corporation (OTC:EWLL), Integrity Applications, Inc. (OTC:IGAP), Microlin Bio, Inc. (OTC:MICBE), Nuvo Pharmaceuticals Inc. (TSX:NRI.TO), Spring Bank Pharmaceuticals Inc. (NasdaqCM:SBPH), Theralase Technologies Inc. (OTC:TLTFF; TSX:TLT.V), GeneOne Life Science Inc. (KSE:011000.KS; KRX:011000.KR), Intrexon Corporation (NYSE:XON)

Tech Companies Added: PeerLogix Inc. (OTC:LOGX), AgJunction Inc. (TSX:AJX.TO), CriticalControl Solutions Corp (TSX:CCZ.TO), BSM Technologies Inc. (TSX:GPS.V), Iridium Communications Inc. (NasdaqGS:IRDM), TomTom (Amsterdam: TOM2.AS; OTC:TMOAF), Espial Group Inc (TSX:ESP.TO), Halogen Software Inc (TSX:HGN.TO), Information Services Corp (TSX:ISV.TO), Kinaxis Inc (TSX:KXS.TO), Mediagrif Interactive Technologies Inc (TSX:MDF.TO), Perk.com Inc. (TSX:PER.TO), CGI Group Inc. (NYSE:GIB; TSX:GIB-A.TO), Calian Group Ltd (TSX:CGY.TO), D+H Corporation (TSX:DH.TO), Intermap Technologies Corp (TSX:IMP.TO), International Road Dynamics Inc (TSX:IRD.TO)

Other Sector Additions:
Energy Stocks: Pyxis Tankers Inc (NasdaqCM:PXS), International Western Petroleum, Inc. (OTC:INWP), NXT Energy Solutions Inc (TSX:SFD.TO)

Renewable Energy Stocks/Environment Stocks:
Tecogen Inc. (NasdaqCM:TGEN) designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States.

Gaming Stocks:
Intertain Group Ltd, The (TSX:IT.TO; OTC:ITTNF) is an online gaming holding company that, through its operating subsidiaries, provides entertainment to global consumer base in which such subsidiaries operate. Intertain currently offers bingo-led gaming and casino to its customers using the InterCasino, Costa, Vera&John, Jackpotjoy and Botemania brands.

Marijuana/Hemp Stocks:
Notis Global, Inc (OTC:NGBL) Based in Los Angeles, Notis Global is a pioneer in the burgeoning, multi-billion dollar legal hemp industry. The Company and its partners are working to grow confidence and generate revenues in the hemp industry. Through our key partnership with Folium Biosciences, one of the largest hemp operations in the U.S., Notis is a leading provider and distributor of cannabidiol (CBD).

About Investorideas.com - News that Inspires Big Ideas
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 expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

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Investor Ideas Directories for global investors:
From water stocks to gold and mining stocks, renewable energy, nanotech, defense, technology, biotech and more – use our stock directories and access them online 24/7 with login as a member to find your next big idea!

Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.

Additional info regarding BC Residents and global Investors: 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, May 26, 2016

ABI Research, Gopher Protocol (OTCQB: GOPH) and Iridium (NASDAQ: IRDM) Discuss the Future and Evolution of GPS and Personal Tracking Devices

ABI Research, Gopher Protocol (OTCQB: GOPH) and Iridium (NASDAQ: IRDM) Discuss the Future and Evolution of GPS and Personal Tracking Devices – “The market is undergoing a significant transition period” says ABI Research

New Tracking Technologies can Work with or without GPS

PERRIS, California, Point Roberts WA, -  May 26, 2016 - Investorideas.com, a global news source covering tech stocks interviews Patrick Connolly of ABI Research, Danny Rittman, CTO of  Gopher Protocol Inc. (OTCQB:GOPH) and Scott Scheimreif, Vice President of Government programs at Iridium Communications Inc. (NASDAQ: IRDM) to discuss the future of GPS and tracking technology.

GPS technology was introduced to the U.S. market in the early 70’s and since then there have been advances in technology that are leading the evolution of GPS and its tracking capabilities. 

According to Patrick Connolly of ABI Research, “We have just released the latest edition of our personal tracking device report and the latest numbers put the GPS device market in traditional verticals at approximately $2 Billion by 2021. The market is undergoing a significant transition period as traditional markets struggle to find mass-market adoption, yet new technologies and markets will create a lot of upside potential for those that move quickly.“

He went on to say, “Despite the huge available market, the traditional verticals of people and pet tracking have failed to find the correct distribution and pricing necessary for widespread adoption. The lone worker vertical continues to grow with a lot of acquisition activity recently, but we have yet to see the legislation necessary to take this market into high volumes. It remains low volume-high margin, with the new threat of companies looking to lower costs to drive market share. Despite this, there is still a lot of opportunity in this space.”

Guardian Patch, Gopher Protocol Inc.’s (OTCQB:GOPH) first exclusively licensed product to bring to the consumer markets, is a unique location technology that works with or without GPS. Guardian Patch's proprietary technology will track objects anywhere on Earth. Guardian Patch (http://www.guardianpatch.com/) works via its own private, secured communication channel/protocol.

The Company just released its product info and FAQ (http://www.guardianpatch.com/f-a-q/) to consumers stating it will be available in 2017 with an estimated retail price of $39.99.

When asked about their tracking technology and how it compared to others, the Company’s CTO Danny Rittman said “We are working via a different concept; a Radio based, secured, private channel. It seems as the world is going towards IPS (Internal Position System) which is substantially different from GPS and way more secure. The Guardian Patch may be considered a pioneer in this IPS technology.”

According to some experts, IPS technology is on its way and it will be revolutionary. As referenced in an article in *ExtremeTech, the headline says it all - ‘Think GPS is cool? IPS will blow your mind’.

Another Company’s technology can also work when GPS is not available. Iridium Communications Inc. (NASDAQ: IRDM) just announced the launch of its breakthrough alternative Global Positioning System (GPS).  The Company said the Satellite Time and Location (STL) is ready for use.  Iridium is working with Satelles, a division of iKare Corporation as its primary technology partner.  The Company’s press release explains that STL can protect, toughen and augment traditional GPS technology by providing a position or timing source when GPS signals are degraded or unavailable.

Scott Scheimreif, Vice President of Government programs at Iridium told Investorideas.com, “Satelles uses the Iridium® LEO satellite constellation to transmit specially structured signals to provide position, navigation and timing data that can penetrate many difficult environments including deep indoors. Compared to GNSS signals like GPS, Iridium signals have much higher raw signal power (300 –2400x) as seen by a receiver on Earth, making them attractive for use in location applications where GNSS signals are obstructed, for example deep indoors.”

He went on to explain, “Unlike GNSS satellites, Iridium uses spot beams to focus its transmissions on a relatively small geographic area. Each satellite supports 48 spot beams. The complex overlapping spot beams of Iridium combined with the randomized STL broadcasts offer a unique mechanism to provide location based authentication that is extremely difficult to spoof. Satelles offers a worldwide Position Navigation and Time solution that provides a unique capability to perform in GPS/GNSS denied environments. Additionally the STL signal structure and system design (combined with the unique capabilities of Iridium) is very difficult to spoof and can be used to not only calculate user location but prove that location in applications where position and time assurance is critical.”

Patrick Connolly of ABI Research also notes that, “As well as the markets discussed earlier, the $2 billion number does not include areas like GPS-based goods asset tracking, which ABI Research has forecast in an upcoming report to be billions of dollars by 2021, while BLE Beacon device shipments are expected to break $1 Billion over the same period. The arrival of LPWAN and low cost indoor location is also opening up the opportunity for true end-to-end asset tracking across a much broader range of markets. So in many ways, the opportunities now are even broader but these new technologies will also take market share from the traditional GPS device market, and it is up to the OEMs in this space to ensure they are adapting to these changes.”

“Another key area is how far up the value chain these companies can move. For example location is just one element of the overall home care/PERS market. If companies in this space can bring location innovation combined with the primary needs of the market, there is no reason they can’t achieve far greater success.”

When asked about wearables impacting the sector, Patrick said, “Wearables today are not as big a threat as you would imagine, because many of the applications we have discussed require very specific design and service features to meet emergency scenarios. Certainly over time, wearables will eat into the available market, as this market evolves. For example, health-related applications are expected to represent over a quarter of wearable shipments in 2020 and this is an area, along with corporate, where wearables can play a major part. In fact, I think there will be some crossover in these cases, with a big opportunity for companies to leverage consumer wearables as a part of their indoor location offering.

Another major differentiator in emergency applications today for a lot of companies in this space is the availability of their own Automatic Respond Centre (ARC). Putting GPS into a device is not enough in many cases, and this is something we have not seen the consumer wearable market support yet.”

Gopher Protocol Inc.’s (OTCQB: GOPH) Guardian Patch does act an Emergency beacon the company says. “It is simple. Peel the Guardian Patch off and it acts as an Emergency Beacon, sending out a signal and notifying anyone who registered your Guardian Patch.”

The Company also recently announced that Dr. Rittman has applied for a patent for the Guardian-LIFE medical patch technology.

Bottom line, GPS technology has come a long way from its inception and just like other technology sectors it is undergoing massive innovation and disruption that may provide untold benefits and security to end users.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR , social media and publishing client and compensates Investorideas.com ( three months effective April 4, 2016 - three thousand five hundred per month )
Additional info regarding BC Residents and global Investors: 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, May 23, 2016

NXT-ID, Inc. (NASDAQ: $NXTD) To Present at the Marcum MicroCap Conference

NXT-ID, Inc. (NASDAQ: $NXTD) To Present at the Marcum MicroCap Conference



MELBOURNE, Fla. - May 23, 2016 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW), a technology company focused on the growing mobile commerce market, announces that it will present at the 5th Annual Marcum MicroCap Conference being held on June 1- June 2, 2016, in New York City at the Grand Hyatt Hotel.

The Marcum MicroCap Conference is dedicated to providing a forum where publicly traded companies with less than $500 million in market capitalization can network with the investment community. The 2016 Conference will be two full days with feature presentations by CEOs and CFOs from seven principal industry sectors, expert panels moderated by industry leaders, and the opportunity to meet with management of presenting companies on a one-on-one basis.

For more information or to register, please visit the conference website at http://www.marcumllp.com/microcap or download the free official conference app for the iPhone, iPad, or for Android mobile devices in Apple's App Store and the Google Play Market.

Details for the NXT-ID, Inc. presentation:
Date: Jun 2
Time: 03:00 to 03:30 PM
Room: Alvin


About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID (NASDAQ:NXTD) is an emerging growth technology company that is focused on products, solutions, and services for security on mobile devices. Our core technologies consist of those that support digital payments, biometric identification, encryption, sensors, and miniaturization. We have three distinct lines of business that we are currently pursuing: mobile commerce, primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. Our initial efforts have primarily focused on the development of our secure products for the growing m-commerce market, most immediately, a secure mobile electronic smart wallet, the Wocket®. The Wocket® is a smart wallet, designed to protect your identity. www.nxt-id.com, www.wocketwallet.com

Product images are available for media at: http://press.nxt-id.com

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.

NXT- ID Inc Contact:
Corporate info: info@nxt-id.com

Media:
D. Van Zant
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/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

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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 October 1, 2015 NXT-Id renewed for one year –five thousand per month and fifteen thousand 144 restricted shares for PR, media and marketing. http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp




Friday, May 20, 2016

Investorideas Updates Global #Stock Directories; Additions in #Technology, #Mining and #Cleantech Stocks

Investorideas Updates Global #Stock Directories; Additions in #Technology, #Mining and #Cleantech Stocks

Tech Stocks Added Include: Shopify Inc. (TSX:SH.TO), Stingray Digital Group Inc. (TSX:RAY-A.TO; RAY-B.TO), Mogo Finance (TSX:GO.TO), Frankly Inc. (TSX:TLK.V), 3TL Technologies Corp. (OTC: TTMZF), GTX Corp(OTC: GTXO)IFAN Financial, Inc(OTC: IFAN), Live Ventures Incorporated (NasdaqCM: LIVE)Multimedia Platforms, Inc. (OTC: MMPW)Net Element, Inc(NasdaqCM:NETE)Spiral Toys Inc. (OTC: STOY)Baylin Technologies Inc (TSX:BYL.TO), Celestica Inc (NYSE: CLS; TSX:CLS.TO), D-Box Technologies Inc (TSX:DBO.TO), SMART Technologies Inc (NasdaqCM:SMT; TSX:SMA.TO), DragonWave Inc (NasdaqCM:DRWI; TSX:DWI.TO), Evertz Technologies Ltd (TSX:ET.TO), EXFO Inc (TSX:EXF.TO), Intrinsyc Technologies Corp (TSX:ITC.TO), Norsat International Inc (TSX:NII.TO), Redline Communications Group Inc. (TSX:RDL.TO), Sandvine Corp (TSX:SVC.TO), Sierra Wireless Inc (NasdaqGS:SWIR; TSX:SW.TO), Urthecast Corp. (TSX:UR.TO), Vecima Networks Inc (TSX:VCM.TO) and Wi-Lan Inc (NasdaqGS:WILN; TSX:WIN.TO)



Point Roberts, WA, Delta BC – May 20, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces this week’s additions to its global stock directories.  Additions include technology stocks, mining stocks and green stocks that are focused on waste reduction and clean air. 

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.


Companies added to Mining Stocks include: NovaCopper Inc. (NYSE MKT: NCQ; TSX:NCQ.TO), Newmarket Gold Inc. (TSX:NMI.TO), Nordgold (LSE:NORD.L), New Millennium Iron Corp. (TSX:NML.TO), Nordic Mining ASA (Oslo: NOM.OL), Nouveau Monde Mining Enterprises Inc. (TSX:NOU.V), Nevada Clean Magnesium Inc. (TSX:NVM.V), Nickel One Resources Inc. (TSX:NNN.V), Noka Resources Inc. (TSX:NX.V), North American Nickel Inc. (TSX:NAN.V), NovaGold Resources Inc. (TSX:NG.TO)  and Olivut Resources Ltd. (TSX:OLV.V)       

Tech Companies Added: Shopify Inc. (TSX:SH.TO), Stingray Digital Group Inc. (TSX:RAY-A.TO; RAY-B.TO), Mogo Finance (TSX:GO.TO), Frankly Inc. (TSX:TLK.V), 3TL Technologies Corp. (OTC: TTMZF), GTX Corp. (OTC: GTXO), IFAN Financial, Inc. (OTC: IFAN), Live Ventures Incorporated (NasdaqCM: LIVE), Multimedia Platforms, Inc. (OTC: MMPW), Net Element, Inc. (NasdaqCM:NETE), Spiral Toys Inc. (OTC: STOY), Baylin Technologies Inc (TSX:BYL.TO), Celestica Inc (NYSE: CLS; TSX:CLS.TO), D-Box Technologies Inc (TSX:DBO.TO), SMART Technologies Inc (NasdaqCM:SMT; TSX:SMA.TO), DragonWave Inc (NasdaqCM:DRWI; TSX:DWI.TO), Evertz Technologies Ltd (TSX:ET.TO), EXFO Inc (TSX:EXF.TO), Intrinsyc Technologies Corp (TSX:ITC.TO), Norsat International Inc (TSX:NII.TO), Redline Communications Group Inc. (TSX:RDL.TO), Sandvine Corp (TSX:SVC.TO), Sierra Wireless Inc (NasdaqGS:SWIR; TSX:SW.TO), Urthecast Corp. (TSX:UR.TO), Vecima Networks Inc (TSX:VCM.TO) and Wi-Lan Inc (NasdaqGS:WILN; TSX:WIN.TO)

Other Sector Additions:
Renewable Energy Stocks/Environment Stocks:
BioHiTech Global (OTC: BHTG) headquartered in Chestnut Ridge NY, develops and deploys innovative and disruptive waste management technologies.  The combined offerings of BioHiTech Global offer our customers a full suite of technology based disposal options capable of having a significant impact on waste generation while providing a true zero landfill environment. With options for both on and off site biological treatment of waste, BioHiTech Global is a leader in zero waste solutions for businesses and governments of all sizes. 

CHAR Technologies Ltd. (TSX:YES.V) Based in Mississauga, Ontario, CHAR Technologies Ltd. produces a proprietary activated charcoal like material (SulfaCHAR), which can be used to removed hydrogen sulfide from various gas streams (focusing on methane-rich and odourous air).

About Investorideas.com - News that Inspires Big Ideas
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 expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Investor Ideas Directories for global investors:
From water stocks to gold and mining stocks, renewable energy, nanotech, defense, technology, biotech and more – use our stock directories and access them online 24/7 with login as a member to find your next big idea!

Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.

Additional info regarding BC Residents and global Investors: 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




Wednesday, May 18, 2016

NXT-ID, Inc. (NASDAQ: $NXTD) Enters into Purchase Agreement for the Acquisition of LogicMark, LLC.

NXT-ID, Inc. (NASDAQ: $NXTD) Enters into Purchase Agreement for the Acquisition of LogicMark, LLC.



MELBOURNE, Fla. - May 18, 2016 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW), a company focused on the growing mobile commerce market announces it has entered into an interest purchase agreement to acquire 100% of the membership interests of LogicMark, LLC, a leading provider of unmonitored personal emergency response devices (PERS).

As per the terms of the agreement, NXT-ID, Inc. will acquire LogicMark for $20 Million in cash, with an anticipated closing date no later than June 30, 2016, subject to customary closing conditions, including a financing contingency. In addition, LogicMark members will be paid an earn out based on achieving certain performance goals within the next 18 months. The financing for the acquisition will be a combination of senior secured debt and equity.

The audited financial statements for LogicMark for the year ended December 31, 2015 showed revenues of $11.1 million and pre-tax net income of $3.1 million. The Company has a staff of 22 full-time professionals, 3 part-time professionals, and 5 contractors.
Gino Pereira, Chief Executive Officer of the Company, said, "This accretive acquisition fits into our strategy of utilizing our core competencies to create diverse new opportunities for the Company."

Kevin O'Connor, Logicmark's President, added, "We are excited to become a part of NXT-ID Inc. and leverage their technology and channel partnerships to expand our product portfolio and markets."

NXT-ID, Inc. plans to integrate its voice biometric technology as well as fall detection sensors and miniaturization skills to future versions of LogicMark products. In addition, the company believes it can potentially enhance the retail presence of LogicMark products.

Mr. Pereira also went on to say, "We are utilizing additional resources and consultants to assist with LogicMark integration and management as well as retaining key LogicMark staff. We remain very focused on delivering the new WorldVentures DreamTrips™ smart cards which are currently in pre-production and will be ready for field testing in the coming weeks. We expect to make our first production deliveries to WorldVentures in July 2016."

Logicmark was advised through the sale by Livingstone, an international mid-market M&A and debt advisory firm.


About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID (NASDAQ:NXTD) is an emerging growth technology company that is focused on products, solutions, and services for security on mobile devices. Our core technologies consist of those that support digital payments, biometric identification, encryption, sensors, and miniaturization. We have three distinct lines of business that we are currently pursuing: mobile commerce, primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. Our initial efforts have primarily focused on the development of our secure products for the growing m-commerce market, most immediately, a secure mobile electronic smart wallet, the Wocket®. The Wocket® is a smart wallet, designed to protect your identity. www.nxt-id.com, www.wocketwallet.com

Product images are available for media at: http://press.nxt-id.com

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.

NXT- ID Inc Contact:
Corporate info: info@nxt-id.com

Media:
D. Van Zant
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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