Biometric Smart Wallet Company NXT-ID to trade NASDAQ
Thursday, September 11, 2014 (NXTD)
SHELTON, CT –September 10, 2014 -
NXT-ID, Inc. (OTCQB: NXTD) reports the shares of common stock and warrants to purchase common
stock are expected to begin trading on The NASDAQ Capital Market under the
ticker symbol "NXTD" and "NXTDW," respectively, on
Thursday, September 11, 2014.
NXT-ID, Inc. (OTCQB: NXTD) also just announced
that it has submitted a patent application for methods to integrate intelligent
systems into a wallet to form a smart wallet. This patent primarily discusses
mechanical methods and approaches to add electronics to turn average wallets
into smart wallets and follows an earlier patent submission by the Company for
a method to replace traditional payment and identity management systems. The
patent also describes methods that achieve an accessorized wallet where
multiple styles of wallets can be interchangeable to the base electronics.
"This patent reinforces our intellectual property
position in the mobile and wearable markets, especially in the area of smart
wallets," states David Tunnell, CTO of NXT-ID.
"This invention details how various electronics,
such as touch screens, buttons, batteries and microphones with voice
recognition can be added to materials, providing tight integration that
enhances wallet functionality."
Read the full interview with David Tunnel, CTO of
NXT-ID here.
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. http://www.wocketwallet.com/
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™.
Order here: http://www.wocketwallet.com/
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.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/
Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of
$149.99.
The full Wocket product FAQ is available to consumers
and media at http://nxt-id.com/wocket-faq/
Read this release in full at http://www.investorideas.com/CO/NXT/news/2014/09102.asp
Contact:
Investor
Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800-665-0411
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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
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