focused on the growing mobile commerce market, revealed today its
Wocket™ Smart Wallet will include a password storage feature, further
demonstrating the versatility of Wocket™ to store and protect a wide
range of private information. With this password list feature, Wocket™
owners can store and securely access all their login credentials such as
usernames and passwords on a Wocket™ in addition to payment, loyalty,
identity and other cards typically held within a wallet. Users will soon
be able to utilize Wocket™ for secure, biometrically locked, password
storage in lieu of similar online solutions where data is at risk.
account numbers lost to hackers by Target alone," says David Tunnell,
CTO of NXT-ID. "Heartbleed and other security vulnerabilities
demonstrate the need for a new method for consumer's to protect their
private data. Users all over the world utilize online password storage
services to store thousands of passwords behind one master password. If a
hacker were to gain access to that one master password, they would gain
access to all the user's passwords. That is the root of the problem
with online storage of private data."Wocket™ enables users to store and encrypt their passwords locally, and securely inside their own smart wallet. Wocket™ owners will also be able to store other sensitive information such as Social Security Numbers and insurance cards on Wocket™ instead of online servers and applications
where their identity is potentially vulnerable.Wocket™ is a smart wallet in the same vein as 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. and 100 voice commands
can also be stored on Wocket™.Advance ordering is available at 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/
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, the Company's securities.
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
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.aspBC 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