Breaking Tech News: NXT-ID (NASDAQ: NXTD) to Showcase
Biometric Wocket Smart Wallet at 2015 CES (Consumer Electronics Show)
SHELTON, Conn. - October 6, 2014 (Investorideas.com Newswire)
NXT-ID, Inc., (NASDAQ:
NXTD), a biometric authentication company focused on the growing
mobile commerce market announces it will be exhibiting at the upcoming 2015
International CES (Consumer Electronics Show®), the world's gathering place for
all who thrive on the business of consumer technologies, to be held in Las
Vegas, January 6-9, 2015. The Company will be located at booths 21926 and 21927
in the South Hall lower level.
Gino
Pereira, CEO of NXT-ID said, "With the recent news of extensive data theft
at J.P. Morgan and Home Depot, consumers have no relief from the escalating
concern over security breaches and identity theft from numerous data breaches
before them."
He went on to say," We welcome the opportunity
to demonstrate the unique features of the Wocket smart wallet at the
International CES show and to show why having your own private vault as a
wallet that you can store all your personal information in is becoming more
compelling by the day."
The International CES is the world's
gathering place for all who thrive on the business of consumer technologies. It
has served as the proving ground for innovators and breakthrough technologies
for more than 40 years—the global stage where next-generation innovations are
introduced to the marketplace. As the largest hands-on event of its kind, CES
features all aspects of the industry. And because it is owned and produced by
the Consumer Electronics Association (CEA), the technology trade association
representing the $211 billion U.S. consumer electronics industry, it attracts
the world's business leaders and pioneering thinkers to a forum where the
industry's most relevant issues are addressed.
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.
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™.
Wocket™ is now available for advance
ordering at www.wocketwallet.com at a price of $149.99.
See the Wocket demo at the Plaza Hotel
event:
The
full Wocket product FAQ is available to consumers and media at:
Read this release
in full at http://www.investorideas.com/CO/NXT/news/2014/10061.asp
About NXT- ID Inc.
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. 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
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
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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