Breaking Tech News: NXT-ID's (Nasdaq:NXTD; NXTDW) Wocket
Smart Wallet Featured on Fox News Segment, "The Next Great Thing"
OXFORD,
CT - March 19, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a biometric
authentication company focused on the growing mobile commerce market, announces
its biometric payment technology, the Wocket® smart wallet was featured in a
news clip that aired this week on Washington DC's Fox 5 News (http://www.myfoxdc.com/).
In
a segment "The Next Great Thing", host Laura Evans calls the Wocket
smart wallet 'a new way to pay' and 'a really big breakthrough in mobile
payment.'
Award-winning
journalist Laura Evans has been part of the FOX 5 News Team since 1999.
She
introduces the Wocket telling the audience that with over 13 million cases of
identity theft annually and almost half of them due to a stolen or lost wallet,
"Now there is a device that could take the pain and hassle out of that
forever."
She
goes on to say, "The Wocket is a convenient and universal form of payment
that secures your personal information and that's why we think the Wocket is
the next great thing."
CEO,
Gino Pereira discusses and demonstrates how the Wocket works as your own
personal vault, storing all your personal information securely.
Laura
also shares her enthusiasm on two other innovative tech products on the
segment; VFit, a new way to measure fitness and the Bolt Smart Lightbulb.
Laura
Evans notes in closing that both the Wocket and Bolt created a lot of buzz at
the Consumer Electronics (CES) show held in January 2015 in Las Vegas.
The
segment can be seen on the Fox 5 news website at http://www.myfoxdc.com/clip/11239806/the-next-great-thing-vfit-body-scanner
Note
the section on Wocket follows VFit and Bolt (estimated time 3:45)
Wocket
is a smart wallet designed to protect your identity and replace all the cards
in your wallet, with no smart phone or cloud required. Wocket works anywhere
credit cards are accepted and only works with your biometric stamp of approval.
All
your credit, debit, loyalty, gift, ID, membership, insurance, tickets, medical
information, passwords, and virtually any other card can be protected on
Wocket.
About NXT- ID Inc. - Mobile
Security for a Mobile World: (NXTD) (NXTDW):
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
Wocket™; a next generation smart wallet designed to replace all the cards in
your wallet, no smart phone required. Wocket was recognized as one of the top
technology products at CES 2015 by multiple media outlets including Wired.com.
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 and
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.
Contacts:
Media:
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