focused on the growing m-commerce market, is pleased to announce the
company was featured in a recently released report by research firm Mind
Commerce, entitled "Mobile Identity Infrastructure, Applications, and
Services 2014 - 2019." Companies featured in the report included
Centrify, Facebook, Google, Groupon, Marketo, NXT-ID, TeleSign, Valimo
and Vodafone.
According to the report, "NXT-ID is a security
technology developer, the company has emerged as a newly public company
with a set of technologies and an open platform that can be used across
all mobile identity applications. The founders of NXT-ID were an
integral part of the senior management teams at Technest Holdings, Inc.,
and its subsidiary Genex Technologies.""We see NXT-ID as a leading company and solutions provider in the area of identity management. Their focus on the key infrastructure area, cloud, and key application
area, commerce, will serve them well as they position themselves in
what we see as a relatively small field of critical solutions
providers."The report went on to say about the industry, "User-centric mobile identity ranges from identity attributes (e.g., biometric elements) to proofs of private/secret tokens (cryptographic keys, passwords) and credentials and to location, can be critical for the functionality of mobile computing and context-aware services. Network security usually involves communications of two or more participating entities. However "security" covers many different aspects. A mobile identity system needs to provide security services to its participating entities so that business can be conducted successfully in electronic form.
While identity management technologies offer rapid return on investment
(ROI) and positive business outcomes, they also pose new challenges in data capture, storage, privacy, and compliance.This also implies that the operator will play an even more important role in the future in protecting the consumers' privacy. Consumers will only trust those who demonstrate that their data is being appropriately used and not abused. Ideally, data would be provided in exchange for some benefit, convenience or monetary value.
Report link: http://www.mindcommerce.com/Publications/MobileID_2014-2019.php
This report was originally published November 2013 and released by Research and Markets on April 17, 2014.
Disclosure: This report was not paid for by NXT-ID Inc.
About Mind Commerce
Mind Commerce is your trusted source for research and strategic analysis focused on digital technologies and the telecommunications industry. Our reports provide key trends, projections, and in-depth analysis for infrastructure, platforms, devices, applications, services, emerging business models and opportunities. http://www.mindcommerce.com
Interested consumers can also sign up for product info and news alerts in anticipation of the product. Advance ordering will be available following the May 28th event. http://www.wocketwallet.com/
The Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: 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. http://www.thewocket.com/, 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:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411
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: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More 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.
No comments:
Post a Comment