NXT-ID Inc. (NASDAQ: $NXTD) Files 2016 Annual Report on Form 10-K

NXT-ID Inc. (NASDAQ: $NXTD) Files 2016 Annual Report on Form 10-K

MELBOURNE, Florida - April 17, 2017 NXT-ID, Inc. (Investorideas.com Newswire) (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a security technology company, announces the filing of its 2016 Annual Report on Form 10-K on Thursday April 13, 2017 with the U.S. Securities and Exchange Commission.

The Annual Report on Form 10-K is available in the Investor Relations section of the Company's website at http://www.nxt-id.com under "SEC Filings," as well as on the SEC's website at http://www.sec.gov.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/04171AnnualReport.asp

2016 Year Highlights:

·        Acquisition of LogicMark LLC completed July 2016.

·        Revenue for 2016 was $7,736,320 compared to $616,854 for the previous year; a more than ten-fold increase.

·        Gross Profit for 2016 was $3,301,452 compared to a gross loss of $(1,039,039) in 2015.

·        Operating expenses were flat in 2016 compared to 2015 at approximately $10,000,000.

·        Operating Loss for 2016 was reduced to $(6,710,088) compared to $(10,924,297) in 2015.

·        Net cash used in operating activities in 2016 was substantially reduced at $(950,048) compared to $(8,620,672) for 2015

Fourth Quarter Highlights:

·        Revenue for Q4 2016 was $4,562,169 compared to $83,325 for the same period in previous year.

·        Gross Profit for Q4 2016 was $2,014,103 compared to a gross loss of $(1,206,970) in Q4 2015.

·        Operating expenses were $2,616,975 in Q4 2016 compared to $2,359,930 in Q4 2015.

·        Operating Loss for Q4 2016 was reduced to $(602,872) compared to $(3,398,969) in Q4 2015.

·        For the first time in the Company's history, net cash generated by operating activities in Q4 2016 was $2,066,041 compared to net cash used in operating activities of $(2,277,729) for Q4 2015; a positive swing of $4,343,770.

About NXT- ID Inc. - Mobile Security for a Mobile World

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 non-monitored 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/

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:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

SOURCE NXT-ID, Inc.

Visit this company: nxt-id.com; 3d-id.net; 

wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

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NXT-ID (NASDAQ: $NXTD) Partner, WorldVentures Announces Extended flye First Promotion at United Conference in Dallas Cowboys AT&T Stadium

NXT-ID (NASDAQ: $NXTD) Partner, WorldVentures Announces Extended flye First Promotion at United Conference in Dallas Cowboys AT&T Stadium

MELBOURNE, Florida - April 17, 2017 NXT-ID, Inc. (Investorideas Newswire) (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a security technology company, releases the following update on the WorldVentures flye™card.

On April 8th, 2017, WorldVentures held their annual United conference in the Dallas Cowboys AT&T Stadium in Dallas TX. During the conference, they announced to approximately 23,000 independent representatives, who came together to celebrate past successes and look ahead to the next decade with innovative new technologies and travel products; that they have extended the flye First promotion. This will extend the current Beta offering to more qualified people with general launch expected later in 2017.

As of March 31, 2017, NXT-ID has delivered in excess of 40,000 flye cards to WorldVentures as they build up inventory for general release.

In addition, on April 11, 2017 the Company received approval from the Federal Communications Commission (FCC) and the Canadian Innovation, Science and Economic Development agency (ISED) achieving another milestone towards general release of the flye card.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/04172WorldVentures.asp

About NXT- ID Inc. - Mobile Security for a Mobile World

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 non-monitored 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/

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:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

SOURCE NXT-ID, Inc.

Visit this company: nxt-id.com; 3d-id.net; 

wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

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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: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 – see details at http://www.investorideas.com/About/News/Clientspecifics.asp

NXT-ID (NASDAQ: $NXTD) Media Alert: Publication in Spring 2017 Nordic Semiconductor's Quarterly Technology Magazine

NXT-ID (NASDAQ: $NXTD) Media Alert: Publication in Spring 2017 Nordic Semiconductor's Quarterly Technology Magazine

MELBOURNE, Florida - April 13, 2017 -  (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a security technology company, issued a media alert for the recent publication in the Spring 2017 edition of Nordic Semiconductor's (NOD.OL) quarterly technology magazine - ULP Wireless Quarter.

Ultra compact module supports plug-and-play security applications.

U.S. security technology company, NXT-ID, has unveiled its IoT Stamp module, designed for integration into wearables, portable devices, and Internet of Things (IoT) applications. The IoT Stamp is said to have the smallest footprint of any combined Bluetooth low energy and NFC module on the market.

Powered by Nordic's nRF52832 SoC, the module is designed as a 'drop-in' solution to help manufacturers, with little or no RF expertise, reduce time-to-market. The module supports identity management, multifactor biometric authentication, and payment methods including Bluetooth low energy, NFC, and dynamic magnetic stripe.

The IoT Stamp can be used with a range of batteries from 10 to 480 mAh or above. With a 10 mAh battery the IoT Stamp can last for several months between recharges, thanks to the nRF52832 SoC, as well as other low power techniques including motion activation, a low power touch control user interface, and patent-pending ultra low power 'buttonless' wake-up.

"Nordic's product provided us with both a Bluetooth low energy and NFC solution on a single chip, giving us a smaller footprint, as well as the low power consumption we required," says David Tunnell, NXT-ID CTO and Executive VP.

Link to full article: http://www.nordicsemi.com/eng/News/ULP-Wireless-Quarter/ULP-Wireless-Q-Spring-2017

Read this news release in full at http://www.investorideas.com/CO/NXT/news/2017/04131Nordic.asp

About NXT- ID Inc. - Mobile Security for a Mobile World

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 non-monitored 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/

About Nordic Semiconductor

Nordic Semiconductor ('Nordic') is a fabless semiconductor company specializing in ultra low power (ULP) short-range wireless communication in the license-free 2.4-GHz and sub-1-GHz Industrial, Scientific and Medical (ISM) bands. Nordic is a Norwegian public company listed on the Oslo stock exchange (NOD.OL).

Nordic's ULP wireless solutions enable its customers to build wireless connectivity into everything from mainstream consumer PC peripherals, sports & fitness devices, toys and RF remote controls through to the most advanced and innovative 'game-changing' wireless devices such as beacons, health monitors and home automation and other Internet of Things (IoT) applications - while exceeding end users' expectations in terms of features, performance and price.

The company designs and manufactures five product families: The nRF52 Series of ULP RF Systems-on-Chip (SoCs), powered by an ARM® Cortex™ M4F processor and based on a common silicon architecture that supports Bluetooth® low energy, ANT™ and 2.4GHz proprietary RF software protocols, the nRF51 Series SoCs, multiprotocol devices that share a similar architecture to the nRF52 Series but are powered by an ARM Cortex M0 processor, the μBlue™ Series of Bluetooth low energy ICs, the nRF24L Series of 2.4GHz RF SoCs and the nRF24AP2 Series of ANT Connectivity Integrated Circuits (ICs). In addition, Nordic supplies the nRF2460 audio streamer and Sub 1-GHz Series, an ideal solution for longer-range industrial, home automation and wireless monitoring applications.

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:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

SOURCE NXT-ID, Inc.

Visit this company: nxt-id.com; 3d-id.net; 

wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Sign up for free news alerts

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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, 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: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 – see details at http://www.investorideas.com/About/News/Clientspecifics.asp

Gopher Protocol (OTCQB: $GOPH) Announces Completion of Field Test of the Guardian Orb Prototypes

Gopher Protocol (OTCQB: $GOPH) Announces Completion of Field Test of the Guardian Orb Prototypes

SAN DIEGO, CA - April 11, 2017 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB:GOPH) ("Gopher" and the "Company"), a development-stage company, which specializes in the development of real-time, heuristic-based - mobile technologies, and its partner Guardian Patch, LLC ("Guardian Orb") announced today that they completed a two-day field test mainly in the San Francisco area.

Danny Rittman, the Company CTO, stated, "We welcome the opportunity to test our product on third party network as it proved for us the diversity of our core technology, which in simple words, means it can comply and work on other networks."

The Guardian Orb prototypes are working with the Company's mobile app, which can be downloaded for free at the Apple Store and on Google Play under the name "Guardian Pet Tracker." As a courtesy to the public, the Company previously released the Guardian Patch app to provide users with live views of the Guardian Orb units during testing. Guardian Orb will post images as well as short videos documenting the field test. For the purpose of this field test, the Company SOW's vendor programmed the Guardian Orbs to comply with the third party infrastructure platform.

The Company is evaluating the results of the field test, including comparing and verifying the results to a third-party data base and will announce the results in the near future.

The Guardian Orb Pet Tracker (Sphere Internal name - the "Sphere") system is a derivative technology of Gopher's Guardian Patch technology. The Sphere is designed to provide its users with local tracking capability using a re-chargeable/replaceable battery source. The objective of Gopher's current efforts, is to deliver for testing in a pre-designated area, a few mobile units of the Guardian pet devices along with a base station, test results and eventual manufacturing capability for both the mobile and the base unit.

Read this release in full at http://www.investorideas.com/CO/GOPH/news/2017/04111GuardianOrb.asp

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the "Company") (http://gopherprotocol.com/) is a development-stage company developing a real-time, heuristic-based mobile technology.  Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server.  The system contemplates the creation of a global network.  Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine.  Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.

Corporate Site: http://gopherprotocol.com

Press page/ press kit - http://gopherprotocol.com/?page_id=228

Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.

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, and governmental and public policy changes.  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

Visit this company: http://gopherprotocol.com/

More info on GOPH at Investorideas.com Visit: http://www.investorideas.com/CO/GOPH/

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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, 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 (effective April 4, 2016 - three thousand five hundred per month) More disclaimer info: http://www.investorideas.com/About/Disclaimer.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: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

NXT-ID Inc. (Nasdaq: $NXTD) Announces Appointment of Two New Independent Directors to Board

NXT-ID Inc. (Nasdaq: $NXTD) Announces Appointment of Two New Independent Directors to Board

MELBOURNE, Florida, April 11, 2017 – NXT-ID, Inc. (NXTD) ("NXT-ID" or the "Company"), a security technology company, announces the appointment of independent Directors Mr. Robin D. Richards and Mr. John Bendheim to its Board of Directors, furthering the company’s corporate governance and expertise.

Gino Pereira, Chief Executive Officer said,” On behalf of NXT-ID, we look forward to their guidance and benefiting from their considerable expertise as we move forward with our new initiatives for 2017 and beyond; particularly in the fields of mass communication and healthcare.” 

Mr. Robin D. Richards is currently Chairman and Chief Executive Officer of CareerArc . He is a proven successful entrepreneur, visionary strategist and a co-founder of the company. Previously, his leadership has led Blackboard Connect (formerly The NTI Group) to be the number one provider of hosted, time-sensitive mass notification services focused on assisting government and civil leaders to communicate quickly and efficiently with their constituents using multi-modal technologies.

Honored as a Readers' Favorite in Inc. Magazine's 2007 Entrepreneur of the Year Award, Mr. Richards has also received Customer Interaction Solutions Magazine's Lifetime Achievement Award and the LAVA (Los Angeles Venture Association) Award for Best M&A. He is a member of several boards, including LASEC (Los Angeles Sports and Entertainment Commission), Morehouse College Board of Trustees, and the University of Southern California Marshall School of Business – Board of Leaders.

Prior to forming The NTI Group Inc., he served as the CEO of Vivendi Universal Net USA, an entity created to oversee the U.S. Internet-related companies owned by Vivendi Universal. Mr. Richards was also the founding president and chief operating officer as well as a director of MP3.com, Inc., the Internet's first and preeminent digital music provider that had the largest IPO for an independent Internet company at that time. He was the lead negotiator in the sale of MP3.com to Vivendi Universal.

Previous to MP3.com, Mr. Richards served as managing director of Tickets.com, Inc., an Internet ticketing service company that was sold to Advantix. He was the founder, president, and CEO of Lexi International, the largest tele-services and database management company in the United States by mid-1991 and appeared twice on the Inc. 500 Fastest Growing Companies list. The company was successfully sold to Thayer Capital.

Mr. Richards currently serves as president of the Chase Foundation.

Mr. Richards holds a Bachelor of Science degree from Michigan State University and attended Whittier College School of Law.

Mr. Richards said of the recent appointment, “I welcome this opportunity to participate in the company’s exciting vision of growth moving forward and lend my expertise and a fresh perspective as a Board member.”    

Mr.  John Bendheim is known as a savvy philanthropist, entrepreneur and investor. Mr. Bendheim serves as the President of Bendheim Enterprises Inc. In addition, Mr. Bendheim serves as a Vice President at Leon Lowenstein Foundation, Inc. He founded Inland Homes in 1994 and has specialized in providing equity funding for real estate transactions. He served as the President of Benditel Incorporated from 1988 to 1994.

Mr. Bendheim’s current board affiliations are as follows: Cedars Sinai Medical Center, USC Marshall Board of Leaders, Wallis Annenberg Center for the Performing Arts, Los Angeles Sports and Entertainment Commission, Beverly Hills Chamber of Commerce, American Fidelity Corporation, Evergreen Community School and the Beverly Hills Convention and Visitors Bureau.

Mr. Bendheim was awarded the 2008 Cedars Sinai Board of Governors Philanthropic Leadership Award for his endless contributions to the Community of Los Angeles and beyond. Mr Bendheim has a long history of community service and leadership. His outstanding contributions have improved the health and well-being of thousands of people in the Los Angeles Community.
Mr. Bendheim received his Bachelor of Science degree in Business Administration in 1975 and an MBA in 1976 from the University of Southern California.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/04111Appointment.asp

About NXT- ID Inc. - Mobile Security for a Mobile World  

NXT-ID, Inc. (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 non-monitored 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://www.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.

NXT-ID Inc. Contact:

Corporate info: info@nxt-id.com

Media:

D. Van Zant

1-800-665-0411

press@nxt-id.com

Visit this company: nxt-id.com; 3d-id.net; 

wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Sign up for free news alerts

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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: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 – see details at http://www.investorideas.com/About/News/Clientspecifics.asp