NXT-ID’s (NASDAQ:NXTD)
Wocket
Smart Wallet accepted by Amazon (NASDAQ:AMZN) Launchpad for Retail Sales; Expected to Add to Continued Sales Growth
OXFORD, CT, September 18, 2015 -- NXT-ID, Inc. (NASDAQ: NXTD)
("NXT-ID" or the "Company"), a
biometric authentication company focused on the growing mobile commerce market, announces the Wocket® smart wallet
has been accepted to retail on Amazon (Nasdaq:AMZN) through its
Launchpad program.
Amazon
Launchpad was announced in July 2015 as a new program for certain qualifying
companies that fosters innovative new products from emerging brands. For these
companies Amazon offers Brand Development on a special store, customer reach
through Amazons most powerful marketing tools and global expansion when the
brands are ready. Feedback from participant companies and their institutional
investors has been overwhelmingly positive.
The official retail launch date for the Wocket®
SmartWallet on Amazon will be announced shortly.
Gino
Pereira, Chief Executive Officer of NXT-ID. Inc. said, “We are looking forward
to offering Wocket on Amazon Launchpad. This platform features some of the more
innovative products available anywhere in the world today and we are happy to
be part of their offering. Amazon is one of the leading retailers in the US and
helps us to gain access to millions of consumers who are concerned with
identity theft and are looking for a convenient way to securely store all their
payment information.”
He went
on to say,” Sales in the third quarter of this year have increased
substantially over the second quarter, when we launched Wocket and we expect this
trend to continue as we head into the holiday season. The marketing campaign we
recently announced is creating Wocket brand recognition and our Touch of Modern
offering is very successful with over 100,000 views in just 2 days.”
Launchpad
features everything from Electronics to Kitchen to Beauty items. To shop at the
Amazon Launchpad store, visit www.amazon.com/launchpad.
Wocket®
is the smartest wallet you'll ever own. Designed to protect your identity and
replace your old wallet, simply swipe and save your cards into Wocket once and
they are immediately secured with pin and biometric voice print
technology. Without ever needing a
smartphone, you can choose a card from the touch screen and Wocket programs its
single, smart card (Wocket Card) to match your selection. From there, you just
swipe as you normally would virtually anywhere that credit cards are accepted
today.
All your
credit, debit, loyalty, gift, ID, membership, insurance, medical information,
passwords, and other information can be protected on Wocket®.
About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD)
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 most anywhere credit cards are
accepted and only works with your biometric stamp of approval or passcode. 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
Published at Investorideas.com
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