NXT-ID
(NASDAQ:NXTD) Media Alert; SlashGear and Credit Union Times Cover Shipment of
Wocket to Pre-Order Customers
OXFORD, CT
– April 29, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the
growing m-commerce market, reports that SlashGear and Credit Union Times have
both covered the recent news of Wocket’s® shipment to pre-order customers.
The Company announced this week that
its Wocket® Smart Wallet will commence shipping to pre-order customers the
first week of May, 2015 and will be fulfilling all paid pre-orders through the
month of May.
SlashGear
JC Torres
April 28, 2015
Wocket smart wallet to start shipping pre-orders in
May
Almost
all mobile payment systems, perhaps except for Samsung, have one critical flaw.
Most of them require the use of new NFC-enabled terminals to work. But what if
you only have access to ye olde magnetic stripe PoS? What if you're stuck with
old fashioned swiping systems but still want to benefit from the conveniences
of the modern world. Enter Wocket, advertised to be the only wallet you'll ever
need. Why? Because it can absorb all the cards you have in your wallet right
now and even have spare room for physical cash.
Wocket
is actually composed of two parts. The Wocket itself is a small small slab 3.46
x 2.75 x 0.39 inches in size. It is where all your card information is stored,
protected by biometrics. There is no need for a smartphone as Wocket functions
all by itself. Then there's the WocketCard which has a programmable mag stripe
which Wocket writes into with the credit card information needed at a
particular time. All you need to do is to select the stored card you want to
use from Wocket's touchscreen, let it write on WocketCard's stripe and use the
card just as you would any normal terminal.
Read the full
article at http://www.slashgear.com/wocket-smart-wallet-to-start-shipping-pre-orders-in-may-28381114/
Credit Union Times
By Roy Urrico
April 28, 2015
Smart Wocket Wallet
Arrives
Move over Google Wallet and Apple Pay, Wocket® is here.
The smart wallet, from Oxford,
Conn.-based NXT-ID, works without a mobile phone or cloud, to carry up to
10,000 cards.
Nowadays consumers seek ways to
organize items previously carried in back pockets or purses onto mobile
devices.
Wocket protects all of private
information inside an electronic vault while reducing the number of cards in a
person’s wallet.
“Biometric and patent pending
technologies make Wocket the smartest wallet on the market,” NXT-ID claimed.
Early access customers tested
Wocket® at a large number of locations.
They confirmed that Wocket®
supports a wide range of retailers and merchants, as well as ATMs, gas stations
and point-of-sale terminals with dip style readers that require a full name
which according to NXT-ID other emerging card technologies find difficult.
Biometric authentication
company NXT-ID announced Wocket®, which works anywhere credit cards are
accepted and only works with biometric authentication, will start shipping to
pre-order customers next week.
Read this release
in full at http://www.investorideas.com/CO/NXT/news/2015/04291.asp
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.
NXT- ID Inc Contact:
Investors:
Media:
D. Van Zant
800 665-0411
This
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