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Wednesday, January 23, 2019

Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark

Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark



NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

Point Roberts - January 23, 2019 (Investorideas.com Newswire) Investorideas.com, a global news source and investor resource covering tech stocks reports Maxim Group has issued an update on NXT-ID, Inc. (NASDAQ: NXTD) following recent news and an update on the Company’s proposed spinoff of its payment division.

NXT-ID, Inc. (NXTD - NASDAQ - $1.25)
Buy
Target Price: $2.00
Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark
Michael Diana
(212) 895-3641
Excerpt -
Summary:
  • On September 21, 2018, NXTD announced its intention to spin off its Fit Pay subsidiary (to be re-named PartX), and subsequently established a record date of October 17. On October 17, NXTD shares started trading without (any value for) PartX (that is, just reflecting the value of its healthcare subsidiary, LogicMark). On December 17, it was announced that the spin-off was delayed, and the October 17 record date was withdrawn, so NXTD shares now trade with the values of both LogicMark and PartX included. A new record date has not yet been announced.
  • On January 15, NXTD announced that it had signed a letter of intent for a new $16.5M 

    senior secured term loan, which will be used to pay off NXTD's existing loan facility (which contains a covenant that effectively prohibits the spin-off). The new term loan is expected to close around late February/early March, at or about which time the spin-off should also occur. Sometime between now and then, a new record date should be announced, at which time NXTD shares should again trade without any value for PartX (that is, just reflecting the value of LogicMark).
    • Notwithstanding that NXTD shares temporarily trade (until late February/early March) with the values of both LogicMark and PartX included, our price target of $2 and our 2019 estimates are for stand-alone, post-spin LogicMark/NXTD. See page 2 for our earnings model.
    • Our price target represents, relative to other small-cap healthcare/medical devices companies, a discount to multiples of 2019 enterprise value (EV)/revenue and of 2019 EV/adjusted EBITDA, reflecting NXTD's small market cap and early stage of development.
    • We note that there have been many positive recent developments at Fit Pay/PartX (see below).
    Details:
    Fit Pay/PartX update. Many positive recent developments include: 1) Fit Pay is going to provide tokenization services to enable SwatchPAY! contactless payments with Swatch watches; 2) GarminPay (powered by Fit Pay) was added to an 11th Garmin (GRMN - NR) smartwatch, and the network of banks supporting GarminPay now numbers 260 banks in 30 countries; and 3) Fit Pay expects to start shipping Flip, its contactless payment device for Bitcoin, on February 13. The announcement from Swatch (UHR.S - NR) is especially important, in our view, in that it "represents a big step towards making contactless and wearable payments more mainstream," in the words of the Fit Pay press release.
    Maintain $2 PT for stand-alone, post-spin LogicMark/NXTD. Relative to other healthcare/medical devices companies, our $2 price target represents a discount to multiples of EV/revenues (3.0x versus an average of 4.9x) and to multiples of EV/adjusted EBITDA (12.9x versus an average of 18.1x). The discounts reflect NXTD's small market cap and early stage of development, in our view. NXTD shares are currently trading at a 2019 EV/revenue multiple of 2.1x and an EV/adjusted EBITDA multiple of 9.1x.
    Recent company news:
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    NXT-ID, Inc. (NASDAQ:NXTD)

    is a Featured tech company on Investorideas.com
    Get News Alerts on NXT-ID, Inc.
    Investorideas.com Newswire
    Disclaimer/Disclosure:
    Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Tuesday, January 22, 2019

Investorideas.com Newswire - The #AI Eye: Accenture ( $ACN) Named Leader in Everest Group PEAK Matrix Assessment

Investorideas.com Newswire - The #AI Eye: Accenture ( $ACN) Named Leader in Everest Group PEAK Matrix Assessment



The #AI Eye: Accenture ( $ACN) Named Leader in Everest Group PEAK Matrix Assessment

Global AI in Automotive Market to Reach $10.8 Billion by 2025 at CAGR of 38.68%


Point Roberts, WA and Vancouver, BC - January 22, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: Accenture ( $ACN) Named Leader in Everest Group PEAK Matrix Assessment

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global AI in Automotive Market to Reach $10.8 Billion by 2025 at CAGR of 38.68%

New research from Market Insights Reports indicates that the global AI in Automotive Market will grow from $572.54 million USD in 2016 to $10.862 billion USD in 2025 at a compound annual growth rate of 38.68 percent in the forecast period 2017-2025. An excerpt from the report summary reads:
The Automotive industry has seen the promise of artificial intelligence (AI) technology, and is among the industries at the forefront of using AI to augment human actions and to mimic the actions of humans. Benefits of automotive artificial intelligence include - driverless cars, smarter, safer and affordable, assisted features, cognitive predictive maintenance.

Datametrex Announces $1 Million in Contracts Secured and Accenture Named Leader in Everest Group PEAK Matrix Assessment

Stocks discussed: (TSXV:DM) (NYSE:ACN)

Datametrex AI Limited (TSXV:DM) has secured approximately $1 million CAD in contracts for its services. Company Chairman and CEO Andrew Ryu commented:
"The team is doing a tremendous job introducing our solutions and securing new contracts. Having teams in both North America and Asia provides us with a diversified footprint and positions the company well to achieve our goal of reaching a global audience. This foundation will act as a springboard for the team when we are commercial with our Fake News Filter later this year."
Accenture (NYSE:ACN) has been named a Leader in the Everest Group's Internet of Things (IoT) Services PEAK Matrix Assessment 2019 report, having received the highest marks in the Market Impact category and being named a Star Performer based on based on year-over-year growth. Aidan Quilligan, managing director and global lead for Accenture Industry X.o, commented:
"Our IoT capabilities help companies drive new levels of monetization and efficiency from disruptive technologies and connected intelligent devices. Being named an IoT Leader by Everest Group for three years in a row underscores the strength and maturity of our Industry X.0 offering, spanning Connected Products & Services, Engineering, Manufacturing, and Digital Production & Operations."
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investorideas.com Newswire - #Tech News: Gopher Protocol (OTCQB: $GOPH) to Present at Swiss Growth Forum Event in Davos, Switzerland

Investorideas.com Newswire - #Tech News: Gopher Protocol (OTCQB: $GOPH) to Present at Swiss Growth Forum Event in Davos, Switzerland



#Tech News: Gopher Protocol (OTCQB: $GOPH) to Present at Swiss Growth Forum Event in Davos, Switzerland

European Investor Roadshow to Follow Presentation

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


SANTA MONICA, CA - January 22, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company using AI and Blockchain Technology to Revolutionize “IoT” Internet of Things Communications, today announced that it is kicking off an eight-city roadshow in Europe with Swiss Growth Forums starting on January 21st in Davos, Switzerland concurrent with the Davos World Economic Forum.
Gopher Chief Executive Officer, Doug Davis, and Jon Najarian of CNBC, will be presenting the Company in Davos at an exclusive invitation-only event sponsored by Swiss Growth Forums and Crowdlitoken Zurich. The roadshow will then continue through January 30th, with management meeting potential investors in Geneva, London, Lugano, Milan, Monaco, Paris, and Luxembourg.
Swiss Growth Forums, led by CEO Andreea Porcelli, will be sponsoring the international roadshow. For exact dates and locations, and to RSVP to the roadshow luncheons and cocktail receptions, please consult:
Click Here for exact dates and locations, and to RSVP to the roadshow luncheons and cocktail receptions.
Mr. Davis was recently interviewed by Jon Najarian at the Nasdaq Market Site; to see the interview, please click here.
Gopher Protocol is developing revolutionary technology platforms that will change the way people interact with wireless network communications, asset tracking, blockchain platforms, and the Internet of Things. GopherInsight™ platforms interact with digital devices including cell phones, mobile apps, computers, tablets, and tracking devices with to create private, low-cost and highly secure wireless mesh networks in order to increase networking and asset tracking performance. Gopher has also launched its Avant! Artificial Intelligence (AI) technology to manage the GopherInsight™ platforms (https://www.avant-ai.net/).
 

By focusing on software and chip design, Gopher Protocol is developing a portfolio of intellectual property that is targeted to enhance IoT, wireless mesh networks, blockchain enablement and applications platforms in order to increase network communications performance, knowledge, analytics and security.
About Swiss Growth Forum
Swiss Growth Forum is a sector leader in specialized IR services for ICO's and Blockchain companies including International forums, multi-country institutional investor roadshows, and specialized media including the recent launch of the International ICO Channel in partnership with Jon Najarian of CNBC and Najarian Family Office. Swiss Growth Forum is the only 360 Degree PR and Communications Group focusing on the Blockchain Sector in 14 financial centers.
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. Gopher’s system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Doug Davis, CEO
Gopher Protocol Inc.
VM Only 888-685-7336
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asp, https://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Friday, January 18, 2019

Investorideas.com Newswire - The #AI Eye: Gopher (OTCQB: $GOPH) Implementing Distributed #AI Within #Avant! and Oracle (NYSE: $ORCL) Opening a New Data Centre in Toronto

Investorideas.com Newswire - The #AI Eye: Gopher (OTCQB: $GOPH) Implementing Distributed #AI Within #Avant! and Oracle (NYSE: $ORCL) Opening a New Data Centre in Toronto



The #AI Eye: Gopher (OTCQB: $GOPH) Implementing Distributed #AI Within #Avant! and Oracle (NYSE: $ORCL) Opening a New Data Centre in Toronto

Global AI-Powered Video Analytics Market to See CAGR of 42% from 2018-2022


Point Roberts, WA and Vancouver, BC - January 18, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: Gopher (OTCQB: $GOPH) Implementing Distributed #AI Within #Avant! and Oracle (NYSE: $ORCL) Opening a New Data Centre in Toronto

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global AI-Powered Video Analytics Market to See CAGR of 42% from 2018-2022

A report from market research firm Technavio projects that the global AI-powered video analytics market will witness a compound annual growth rate (CAGR) of 42 percent in the forecast period 2018-2022. The research also found that incremental growth in the forecast period will reach $60.81 million. An excerpt from the report summary reads:
Analyzing factors that will have a significant impact on the growth of the AI powered video analytics market, our analysts have identified the growing demand for data integration and video analytics to be a major factor driving market growth. With the rising IT complexity, the process of deploying and maintaining reliable data interfaces became more difficult. AI-powered video analytics enable effective decision-making by offering on-demand accessibility for real-time integration of data and real-time analysis. Also, numerous companies are integrating data with AI-powered video analytics systems to analyze large data sets for quick and effective decision making.

Gopher Implementing Distributed AI Within Avant! and Oracle Opening a New Data Centre in Toronto

Stocks discussed: (OTCQB:GOPH) (NYSE:ORCL)

Gopher Protocol Inc. (OTCQB:GOPH) has announced that it is it is implementing distributed artificial intelligence (DAI) methodologies within its Avant! AI system. Implementation of DAI will also enable greater computation power and spatial distribution of Avant! computing resources, and will coordinate and synchronize between Avant! mobile app and its web application. Gopher CTO Dr. Danny Rittman explained:
"This type of technology is important in order to enable Avant!'s parallel processing when necessary. In multi-user environment, a large scale computation and resources distribution is needed in order to provide vast solutions and answers. Avant! DAI is a smart system and will be activated only when needed in certain situations. We completed Avant!'s DAI working model, which we believe to be robust and elastic. It is built to be adaptive to problems and information. Avant! DAI objectives are to enable vast computing power, when necessary, and to assist with reasoning, planning, learning and perception topics, particularly with very large data, by distributing the data to its autonomous processing agents. Another key advantage of Avant! DAI is to be able to provide information redundancy in case of system's nodes overload."
Oracle Corporation (NYSE:ORCL) is opening a new data centre in Toronto to accommodate demand for the company's public cloud, the Oracle Cloud Infrastructure. According to the press release: "With Oracle's modern cloud regions, only Oracle can deliver the industry's broadest, deepest, and fastest growing suite of cloud applications, Oracle Autonomous Database, and new services in security, Blockchain and Artificial Intelligence, all running on its enterprise-grade cloud infrastructure." Don Johnson, executive vice president of product development at Oracle Cloud Infrastructure, said:
"Enterprises in the region still have limited ability to run mission-critical applications in the cloud and are struggling to attain the level of performance they have on-premises without a major overhaul. With this new location Oracle is delivering on its promise to deliver even more customers with consistent high performance, low predictable pricing and the flexibility our cloud brings to the table."
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye -  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411

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Investorideas.com Newswire - Breaking #AI News: Gopher Protocol (OTCQB: $GOPH) Implements Distributed Artificial Intelligence (DAI) Within Avant! AI System

Investorideas.com Newswire - Breaking #AI News: Gopher Protocol (OTCQB: $GOPH) Implements Distributed Artificial Intelligence (DAI) Within Avant! AI System



Breaking #AI News: Gopher Protocol (OTCQB: $GOPH) Implements Distributed Artificial Intelligence (DAI) Within Avant! AI System

Designed to Significantly Improve AI Processing Speeds and Capabilities

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - January 18, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global mesh network technology platform for both mobile and fixed solutions, announced today it is implementing distributed artificial intelligence (DAI) methodologies within its Avant! AI system.
Gopher Protocol has completed its distributed artificial intelligence (DAI) working model for its Avant! AI system and is now in the implementation stage. The implementation of DAI will be a key block to enable dynamic learning, planning, and fast decision making. It will also enable greater computation power and spatial distribution of Avant! computing resources. This system is planned to coordinate and synchronize between Avant! mobile app and its web application. Distributed Artificial Intelligence (DAI) is a predecessor of the field of Multi-Agent Systems and is typically used for self-organized systems. Avant! DAI system is targeted to include interacting intelligent agents in order to solve problems that are highly difficult for an individual agent to solve. Gopher is scheduled to test its DAI system in mid-May 2019.
Danny Rittman, Ph.D., Gopher's Chief Technology Officer, stated, "This type of technology is important in order to enable Avant!'s parallel processing when necessary. In multi-user environment, a large scale computation and resources distribution is needed in order to provide vast solutions and answers. Avant! DAI is a smart system and will be activated only when needed in certain situations. We completed Avant!'s DAI working model, which we believe to be robust and elastic. It is built to be adaptive to problems and information. Avant! DAI objectives are to enable vast computing power, when necessary, and to assist with reasoning, planning, learning and perception topics, particularly with very large data, by distributing the data to its autonomous processing agents. Another key advantage of Avant! DAI is to be able to provide information redundancy in case of system's nodes overload."
The implementation of DAI is a key component to enable dynamic learning, planning, and fast decision making. It will also enable greater computation power by exploiting the spatial distribution of Avant! computing resources to solve problems over integrated communication among processing nodes. This infrastructure also enables synchronization between the Avant! mobile app and its web application. DAI is a predecessor of the field of Multi-Agent Systems and is typically used for self-organized systems. Avant!'s DAI system is targeted to include interacting intelligent agents in order to solve problems that are highly difficult for an individual agent to solve.
Dr. Rittman added, "This technology is important in order to enable Avant!'s parallel processing when necessary. In multi-user environment, a large-scale computation and resources distribution is needed in order to provide vast solutions and answers. Avant! DAI is a smart system and will be activated only when needed in certain situations. Avant! DAI system is a robust and elastic and built to be adaptive to problems or information. Avant! DAI objectives are to unlock the vast computing power of a collective network of processors and to assist with reasoning, planning, learning and perception topics, particularly with very large data sets. Another key advantage of Avant! DAI is to be able to provide information redundancy in case of system's nodes overload."
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. Gopher's system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman, CTO
Gopher Protocol Inc.
VM Only 888-685-7336
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

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Investorideas.com - #Payment News: Nxt-ID (NASDAQ: $NXTD) Subsidiary Fit Pay, Inc. Extends Payments to Another Iconic Brand

Investorideas.com - #Payment News: Nxt-ID (NASDAQ: $NXTD) Subsidiary Fit Pay, Inc. Extends Payments to Another Iconic Brand



#Payment News: Nxt-ID (NASDAQ: $NXTD) Subsidiary Fit Pay, Inc. Extends Payments to Another Iconic Brand

European Launch of SwatchPAY! Brings contactless payments to four new watches

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - January 18, 2019 (Investorideas.com Newswire) Fit Pay, Inc., a wholly owned subsidiary of Nxt-ID, Inc. (NASDAQ: NXTD), today announced that its Token Requester Management (TRM) platform is enabling SwatchPAY!, a new contactless payment feature on four new watches announced this week in Switzerland by the iconic watchmaker. Fit Pay is providing critical tokenization services for the new feature.
"The launch of SwatchPAY! represents a big step towards making contactless and wearable payments more mainstream. Having an iconic brand like Swatch add payments, signals that payment is becoming a must-have feature for most things you wear," said Michael Orlando, COO of Nxt-ID and president of Fit Pay, Inc. "From a company perspective, adding another top-tier brand to the Fit Pay platform is a very positive development and the culmination of significant effort by our team. It goes a long way toward solidifying our leadership position in this emerging market."
Fit Pay's platform enables manufacturers of IoT and wearable devices to add contactless payment capabilities to their products, making it possible for consumers to pay for goods and services at near field communication (NFC)-enabled point-of-sale terminals with a simple tap. The platform uses tokenization, a payment security technology that replaces cardholders' account information with a unique digital identifier ("payment token"), to transact secure contactless payments. The Fit Pay platform authenticates the accountholder, requests the payment token from the payment network and issuer, provisions the token to an embedded secure element chipset on the device, and manages the lifecycle of the token.
Nxt-ID previously announced that it intends to separate Fit Pay and its payments, authentication and credential management business into an independent company and distribute those shares to Nxt-ID shareholders through the execution of a spin-off, which it believes will qualify as a tax-free distribution. Immediately following the spin-off transaction, Nxt-ID shareholders, who own shares of Nxt-ID on the to-be-announced record date will own shares of both companies. Prior to the record date of the distribution, which will be established by the Board, NXTD shares continue to include shareholder rights to any pro-rata dividend that may result from the spin-off. The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication and credential management assets previously by Nxt-ID. It is applying for listing on NASDAQ.
About NXT- ID, Inc. and Fit Pay, Inc.
NXT-ID, Inc. (NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, NXT-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
Nxt-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about Nxt-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For Nxt-ID Inc. corporate information contact: info@nxt-id.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.
Media Contacts:
Fit Pay, Inc.
Chris Orlando
chris@fit-pay.com
+1-760-468-7273

NXT-ID, Inc. (NASDAQ:NXTD)

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Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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