MELBOURNE, Florida, February
13, 2018 – NXT-ID, Inc. (NASDAQ:
NXTD) a provider of
payment, credential management, and authentication platform services is pleased
to announce it has been added to the LD Micro Index, effective February 1st,
2018.
The LD Micro Index is designed to give the most accurate
representation of the intraday activity of microcap stocks in North America. It
employs a mixture of screening for inclusion and manual exclusion where deemed
appropriate.
The index is market cap weighted and is comprised of approximately
1,014 stocks in the U.S. and Canada with market capitalizations between $50
million and $300 million. https://www.ldmicro.com/the-index
Gino M. Pereira, President & Chief Executive
Officer of NXT-ID said, “This is an exciting time to be added to the LD Micro
Index and join our other successful peers in the microcap space. The Company
and its subsidiary, Fit Pay, Inc., have announced a series of significant
agreements and advancements in the contactless payment market including the
recent news that Fit Pay is expanding its platform to connect cryptocurrencies
to the payment ecosystem with a new
product – Flip.”
FlipTM is a contactless payment device that lets you use your cryptocurrency
to make purchases at millions of retail locations. Flip works anywhere
contactless payments are accepted. https://www.fliptopay.com/. Pre-orders for Flip on FliptoPay.com will commence later this
month.
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an
independent resource in the microcap space. We are investors, first and foremost.
What started out as a newsletter highlighting unique companies has transformed
into several influential conferences annually (Invitational, Summit, and Main
Event).
In 2015, LD Micro launched ldmicro.com as a portal to provide
exclusive intraday information on the entire sector, including the first pure
microcap index (LDMi) which covers stocks in North America with market
capitalizations between $50-$300m.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: 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 www.nxt-id.com.
NXT-ID Inc. Corporate Contact: info@nxt-id.com. FitPay and the FitPay Payment Platform are
trademarks of Fit Pay, Inc.
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:
Chris Orlando
1.760.468.7273
D. Van Zant
1.800.665.0411
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