NXT-ID (Nasdaq:NXTD) Exhibits
Wocket Smart Wallet at CES 2016; Demonstrating New NFC and other Contactless Payment
Capabilities
OXFORD, CT, December 23, 2015 -- 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 it will be exhibiting at CES 2016 in Las
Vegas, January 6th -9th.
The Wocket smart wallet, named top
ten tech gadgets at CES 2015 by multiple media sources, will be demonstrating
its new NFC (Near field communication) payment technology capabilities as well
as its Wireless Magnetic payment technology (WiMag).
Gino Pereira, CEO of NXT-ID said,” A
year ago we had a tremendous reception when we gave the public a preview of
Wocket. Now, 12 months later, we are again demonstrating leading edge
technology and adapting to the new EMV chip technology by demonstrating NFC
capable Wockets that will be delivered starting in December this year. We will
also show attendees a future wireless magnetic payment technology that has the
ability to make tokenized payments wirelessly at Traditional Point of Sale
(POS) terminals. We will be launching these technologies in 2016 in
collaboration with major stakeholders in the payment space.”
The company’s Wocket smart wallet
will be exhibiting at booth #21632,at the Las Vegas Convention Center, South
Hall in the ‘Personal & Cyber Security Section’.
Additionally the Wocket smart wallet
will be featured at Digital Experience! from 7:00 to 10:30 pm on Tuesday, Jan.
5, 2016, the evening before the CES® show opens. The media event highlights the
latest in consumer technology and will take place at the Mirage hotel.
The International Consumer
Electronics Show (International CES) showcases more than 3,600 exhibiting
companies, including manufacturers, developers and suppliers of consumer
technology hardware, content, technology delivery systems and more; a
conference program with more than 200 conference sessions and more than 150K
attendees from 150 countries (https://www.cesweb.org/)
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 virtually any 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
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