Breaking
Tech News: NXT-ID (Nasdaq:NXTD; NXTDW) Reports Second Shipment of Wocket Smart
Wallets Underway to Early Access Pre-order Customers and Provides User Feedback
Company to Increase Awareness Campaign and Build on
Growing Consumer Interest
OXFORD,
CT - April 1, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD;NXTDW),
a biometric authentication company focused on the growing mobile commerce
market, announces the second shipment of a limited number of Wocket smart
wallets is underway to early access pre-order customers.
Feedback
from the early access group includes usage at retail outlets including Walmart,
Target, AT&T, Dunkin' Donuts, Stop & Shop and CVS Pharmacy. Users
report Wocket was accepted at all outlets and very easy to use. Several users
reported that they were entirely comfortable leaving all their cards at home
and having just a Wocket in their pocket!
One
of the users reported, "I bought two smartphones at an AT&T store and
the customer service rep instantly wanted to know more about Wocket and went
online to check it out. They asked when and how they could purchase one. "
According
to SoundView Technology Group, who used their Wocket at outlets including Whole
Foods and CVS, "The most interesting real-world interaction occurred in a
CVS where the "hand card to cashier" message popped up. I had
prefaced my swipe with the comment that I was using "a new ultra secure
credit card" and when I handed over she responded "oh is this one of
those cards where you can store all your cards on?" To which I replied yes
indeed and she simply said "cool" and handed it back."
Users
also said there were no concerns from cashiers or sales staff at any outlets
when they were handed the new Wocket card. The only question asked was,"
Is this debit or credit?"
Gino
Pereira, Chief Executive Officer, said, "At CES in January the consumer
interest and media response was even better than we expected. It is gratifying
to hear from our select group that the user experience is matching
expectations. We believe the roll- out of our pre-orders this spring will
result in similar feedback."
He
added, "As part of building consumer awareness, we will continue to work
with, and feature, celebrities from different walks of life. Celebrities that
we have worked with include former 'N Sync star Joey Fatone, former Miss
Universe, Olivia Culpo, and five time world champion boxer Vinny Paz, whose true
life story is the subject of the soon to be released movie 'Bleed for This',
with up and coming star Miles Teller playing the role of Vinny. We will also be
featuring new celebrities over the coming months."
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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