NXT-ID, Inc. (NASDAQ: $NXTD) and WorldVentures
Showcase flye Smart Card at Money20/20, Followed by Distribution of First flye
cards at 'A View from the Edge' Event
MELBOURNE,
Florida - November 2, 2016 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD)
("NXT-ID" or the "Company"), a security technology company,
reports on the recent Money20/20 payment and fintech conference held in Las
Vegas and the follow-on WorldVentures promotion and training event that
introduced and distributed the new flye™ smart card to WorldVentures members.
NXT-ID,
Inc. shared a booth with WorldVentures to introduce the flye smart card to the
ten thousand plus attendees at Money20/20, the largest payments and financial
services innovation conference in the world, held from October 23-26, 2016.
flye smart card at Money 2020
The
smart card was then distributed to several hundred WorldVentures' members for
the first time at 'A View from the Edge', held in Las Vegas from October 28-30,
2016. These US based recipients will be beta testing flye during 4th quarter of
2016.
Created
for WorldVentures' travel club members, currently numbered at more than
500,000, flye can load up to 10 records (credit cards, loyalty cards, identity
cards, and other data); be used as a payment method in the same way as a credit
card, where accepted; and, earn loyalty points at select restaurants worldwide
that can be used towards DreamTrips vacations.
At
the 'A View from the Edge' event, attended by nearly 12,000 members, CTO Mike
Remedios spoke on the importance of the flye smart card Beta program saying to
members. "With your help, it's only going to be better faster."
Also
reporting from the event, WorldVentures' Dave Ulloa Team7thpower said on social
media, "Many years ago the founders of Skype said 'we are going to change
the telecommunications industry and help people connect worldwide at no cost.'
People thought they were crazy.
20
years ago Wayne Nugent, founder and visionary said there will come a day when
we help people earn vacations and travel at no cost.
That
time is now. The final piece to the puzzle is being launched this weekend. The
"flye card" is a one of a kind disruptive technology that combined
with our travel app and vacation club will help people travel the globe by
earning their vacations.
The
flye card is a computer the size of your credit card where you can upload up to
10 credit cards, loyalty cards or debit cards. With a touch swipe feature you
can choose which you want to use. More secure than your average credit card.
Bluetooth enhanced for a level of service like no other. This smart card is
exclusive to our members and purchases with the card at participating partners
will earn points to allow our members to earn vacations and travel at no cost.
We've
never been more excited. NEXT is here. This weekend we launch the founder's
edition of the flye card. Stay tuned it will change the travel industry like no
other. "
Gino
Pereira, CEO of NXT-ID said, "We were overwhelmed by the level of
enthusiasm from WorldVentures members at the View. Together we look forward to
launching the smartest card you'll ever own."
About
WorldVentures
WorldVentures
Marketing, LLC, a privately held company based in Plano, Tex., is a global
travel club that sells memberships providing a diverse set of lifestyle
products and experiences. The company uses the direct sales model to go to
market with active Representatives and Members in 29 countries. http://worldventures.com
About Nxt-ID, Inc.
Nxt-ID,
Inc. (NASDAQ: NXTD) is a security technology Company providing security for
finance, assets and healthcare. The Company’s innovative MobileBio® solution
mitigates risks associated with mobile computing, m-commerce and smart
OS-enabled devices. With extensive experience in biometric identity
verification, security and privacy, encryption and data protection, payments,
miniaturization and sensor technologies, the Company partners with industry
leading companies to provide solutions for modern payment and the Internet of
Things (“IoT”) applications. The Company’s wholly owned subsidiary, LogicMark,
LLC, manufactures and distributes nonmonitored and monitored personal emergency
response systems (“PERS”) sold through the United States Department of Veterans
Affairs (“VA”), healthcare durable medical equipment dealers and distributors
and monitored security dealers and distributors. http://nxt-id.com/,
http://wocketwallet.com/, www.logicmark.com.
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:
Media:
SOURCE NXT-ID, Inc.
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