Breaking Tech News: NXT-ID Inc. (NASDAQ: NXTD) to Ring the
Opening Bell of the NASDAQ Stock Market October 13th
SHELTON, Conn. - October 9, 2014 (Investorideas.com Newswire)
NXT-ID, Inc., (NASDAQ:
NXTD), a biometric authentication company focused on the growing
mobile commerce market announces that in celebration of its recently completed
financing and NASDAQ listing, it will ring the opening bell at the NASDAQ
MarketSite in Times Square on Monday October 13th.
Gino
Pereira, CEO of NXT-ID, said, "This is a significant day for the company
and our shareholders. The recently completed financing and listing on NASDAQ is
a milestone in our development. He added," We look forward to bringing our
biometric smart wallet, the Wocket™, to consumers later this year as the first
of our biometric identification and verification products. In this age where
data breaches are common place our ability to protect and secure the private
information of consumers assumes increasing importance."
Read this release
in full at http://www.investorideas.com/CO/NXT/news/2014/10091.asp
Wocket™ is a smart wallet, the next
evolution in smart devices, following the smart phone and smart watch. 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. can also be stored on Wocket™.
About NXT- ID Inc. - Mobile Security for a Mobile World
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 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. 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
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
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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
Wocket smart wallet. More info:
http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
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