NXT-ID (NASDAQ:NXTD) Releases Wocket Mobile App;
Enables First Software Update for Improved POS Performance
OXFORD,
CT - August 31, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the
"Company"), a biometric authentication company focused on the growing
mobile commerce market and creator of the Wocket® smart wallet, announces that
it has released the first version of its My Wocket® app to enable software
updates.
This
app supports iOS and Android and, in the near future, Windows and OSX. My
Wocket enables remote software updates to NXT-ID's Wocket and Wocket Card
devices.
"This
is the first of several applications and updates that we will be sending to our
customers to add new features and improve performance," says David
Tunnell, Chief Technology Officer of NXT-ID. "This first app allows our
customers to remotely update the Wocket and Wocket Card software as customers
provide feedback. This first software update includes bug fixes, adds more data
for loyalty and gift cards, and improves performance at point-of-sale systems.
We will continue to improve Wocket, Wocket Card and our My Wocket apps with
updates that will include card management, Voicematch® training for our voice
biometric verification, and autofill to automate passwords and on-line
purchases."
Gino
Pereira, Chief Executive Officer adds, "This app demonstrates our ability
to securely update Wocket and Wocket Cards so that our customers can always
have the best possible experience as we continue to improve Wocket. We wish to
thank our customers who have helped us with invaluable feedback to improve
Wocket performance, and make Wocket the smartest and most secure wallet
available today."
Wocket®
is a smart wallet designed to protect your identity and replace all the cards
in your wallet. Wocket works most anywhere credit cards are accepted and only
works with your biometric stamp of approval or passcode.
All
your credit, debit, loyalty, gift, ID, membership, insurance, medical
information, passwords, and virtually any other information can be protected on
Wocket.
Product images are available for media at: http://press.nxt-id.com
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:
D. Van
Zant
+1-800-665-0411
press@nxt-id.com
+1-800-665-0411
press@nxt-id.com
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