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Friday, November 15, 2013

Biometric Stock Alert: NXT-ID, Inc. (OTCQB:NXTD) Reports Successful Application of MobileBio Voicematch(TM) Biometric Technology to Next Generation Digital Wallet, the Wocket(TM)

SHELTON, CT - November 14, 2013 (Investorideas.com Newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing mobile commerce market, announced today that it has successfully ported its MobileBio Voicematch™ algorithm to its widely anticipated next generation payment and identity product -- the Wocket™.

The Wocket™ is a new class of biometrically secure mobile devices designed to bring the traditional wallet into the 21st century by providing the functionality of a wallet and incorporating a touch screen and a single dynamically programmable card to use for credit, debit and any other magnetic stripe functions.
"We are pleased we have surpassed this important milestone in the development of the Wocket™," says Gino Pereira, CEO of NXT-ID. "Authenticating users with our Voicematch™ speaker plus command recognition algorithm is a very convenient and user friendly way to use the Wocket™ while improving security over traditional authentication methods."
Voicematch™ is a key multi-factor biometric technology and a major building block of NXT-IDs MobileBio mobile and wearable identity technologies that bring full control and protection of private data to authenticated owners of the data.
"We are pleased with the continued development of the Wocket™," says David Tunnell, CTO of NXT-ID. "Our approach eliminates the need for passwords by authenticating identity in a natural way for users. With Voicematch™, users can simply ask for a user-defined name of a card and the Wocket™ then automatically programs the NXTCard with the card of their choice."
The company reported that it had successfully developed its Voicematch™ algorithm on November 4th, which was ahead of schedule. The multi-platform technology will run on mobile platforms such as Android and iOS, as well as laptops and desktops.
The company will be issuing an update and video of successful demonstrations of its Voicematch™ algorithm technology on Smartphone platforms in the near future.
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) 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. NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification 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.
Contact:
Corporate info: info@nxt-id.com
Investor Relations
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013 :Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous services
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BC Residents and Investor Disclaimer : 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.

Wednesday, November 13, 2013

The Wall Street Analyst Interviews CEO of Mobile Biometric Security Company, NXT-ID Inc (OTCQB: NXTD)

November 13, 2013 (Investorideas.com biometrics/ defense stocks newswire) The Wall Street Analyst features a CEO interview with NXT-ID, Inc., (NXTD: OTCQB) a biometrics company focused on the growing m-commerce market. Mr. Gino M. Pereira, Chief Executive Officer and Chief Financial Officer discusses how the time for biometrics has come of age and shares insight into the company’s portfolio of voice and facial recognition technology.

Audio interview : (note this audio interview is available for a limited time to listeners)
http://thewallstreetanalyzer.com/nxt-id-inc-otcqbnxtd-ceo-interview/
About NXT- ID Inc. -Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) 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. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
The Wall Street Analyst's staff of writers, analysts, publishers, producers, market researchers, and PR professionals aim to provide investors with the tools they need to make informed decisions on buying stock. Our staff is a mix of financial professionals and media savvy individuals whose experiences bring the best talent from both ends of the spectrum. On one hand our financial experience gives us the ability to identify promising, off the grid companies before they are uncovered by the rest of the market, and on the other hand our media experience allows us to produce interviews which appeal to a large audience because we provide a format in which more investors can understand a featured companies' upside. Our philosophy is to turn stock tickers into stories, ideas into headlines, and technical and financial data into easy to understand tidbits, easier to digest and therefore consumed by a larger audience. These interviews provide a jumping off point for investors to do further research into a prospective company. Our editorials seek to provide an out-of-the-box perspective found in few other financial sites.
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
Contact Information
Contacts:
NXT-ID, Inc.
Corporate info: info@nxt-id.com, http://www.nxt-id.com/
Source - The Wall Street Analyst
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 1Investorideas has been compensated by NXTD: five thousand per. Investorideas.com is ling shares More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: 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

Tuesday, November 12, 2013

Mobile Biometric Security Company NXT-ID Inc (OTCQB: NXTD) Featured in Mobile Identity Infrastructure Research Report

Shelton, CT - November 12, 2013 (Investorideas.com biometrics/ defense stocks newswire) NXT-ID, Inc., (NXTD: OTCQB) a biometrics company focused on the growing m-commerce market was featured in a research report published today by ResearchMoz.us, entitled, "Mobile Identity Infrastructure, Applications, and Services Market 2014-2019: Industry Size, Share, Growth, Trends and Forecast Research Report."

The report notes that "Mobile identity infrastructure market will grow at a CAGR of nearly 17% over the next five years eventually accounting for nearly USD 12 Billion in revenues by the end of 2019."
Companies in this report include Centrify, Facebook (FB), Google (GOOG), Groupon (GRPN), Marketo, NXT-ID (OTCQB: NXTD), TeleSign, Valimo, Vodafone (VOD).
See full report:
http://www.prweb.com/releases/2013/11/prweb11324328.htm
About NXT- ID Inc. -Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) 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. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Published at Investorideas.com
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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 1Investorideas has been compensated by NXTD: five thousand per. Investorideas.com is ling shares More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : 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.
Contact Information
Contacts:
NXT-ID, Inc.
Corporate info: info@nxt-id.com, http://www.nxt-id.com/
Source Investorideas.com

Mobile Identity Infrastructure, Companies in this Report : Facebook (FB), Google (GOOG), Groupon (GRPN), NXT-ID (OTCQB:NXTD),Vodafone (VOD)

Albany, NY - November 12, 2013 (Investorideas.com Newswire) The ability to leverage network assets, such as the Subscriber Database Management (SDM) system, and the potential for incremental revenue from third-parties such as credit bureaus, banks, and credit card companies, makes mobile identity a high priority service for carriers worldwide. Mind commerce thus expects that mobile identity infrastructure market will grow at a CAGR of nearly 17% over the next five years eventually accounting for nearly USD 12 Billion in revenues by the end of 2019.

Browse full report: http://www.researchmoz.us.
Driven by the growing surge for mobile interactions, mobile commerce and online digital purchasing, carriers worldwide are investing in mobile identity infrastructure as an economically efficient solution fraud detection/prevention and identity theft issues.
This report provides an in-depth assessment of the Mobile Identity application market, including business models, market drivers, challenges, value chain analysis, operator and vendor strategies, and a quantitative assessment of the industry from 2014 to 2019.
The report covers the following topics:
Technology Review: A review of the underlying technology supporting mobile identity and fraud management solutions
A review of mobile identity applications deployments: A review of major mobile commerce identity solution deployments by carriers and vendors worldwide
Carrier Strategies: An analysis of how carriers will position themselves to capitalize on mobile identity opportunity in the next generation networks and LTE.
Case Studies: Use Cases for Mobile ID : Banking/Finance examples
Market Analysis and Forecasts: A global and regional assessment of the market size and forecasts for the mobile identity market from 2014 to 2019
Mobile identity Industry Roadmap 2014 - 2019: An analysis of the roadmap for the industry from 2014 to 2019
Browse all mind commerce publishing Market Research Reports
Key Findings:
Mind Commerce predicts a ten-fold increase in mobile data traffic between 2014 and 2019, leading to increased need for mobile identity
Mobile Banking and mobile commerce (payments, shopping, loan applications) are major applications for mobile identity solutions
The US region will lead the market from a regional perspective that will account for nearly USD 21%of the market by 2019
Questions Answered in Report:
Which vendors are leading the market?
How is the industry's value chain structured?
What are the major mobile identity applications?
What benefit does mobile identity bring to carriers?
How much will the mobile identity markets be worth in 2019?
What will be the regional outlook for revenue in the mobile identity market?
What benefits do mobile identity deployments bring to mobile commerce vendors?
View All Telecommunications Market Research Reports & Industry Analysis
Target Audience:
Financial institutions
Mobile network operators
Mobile commerce providers
Law enforcement authorities
Managed telecom service providers
Device, OS, and application suppliers
Companies in Report:
Centrify
Facebook
Google
Groupon
Marketo
NXT-ID
TeleSign
Valimo
Vodafone
Related Reports
The Small Cells, WiFi, DAS, Cloud RAN & HetNet Datasheet: 2014 - 2020
Click here to download detailed report.
Small cells, carrier WiFi, DAS and Cloud RAN infrastructure investments will account for a $42 Billion HetNet ecosystem by 2020. Small cells and carrier WiFi deployments are expected to carry more than 60% of all mobile network data traffic by 2020, which will account for $352 Billion in mobile data service revenue. At present, the small cells and carrier WiFi infrastructure value chain is highly fragmented with ‘pure-play’ vendors and incumbent macrocell vendors battling to gain a higher share of the market. SNS Research expects the value chain to consolidate over the coming years following several future acquisitions such as the recent acquisition of Ubiquisys by Cisco.
Mobile VAS Company and Solution Analysis: OnMobile
Click here to download detailed report.
Mobile Value Added Services (VAS) applications are provided within telecommunications as a means of creating customer "stickiness" while adding top line revenue and improved margins. The mobile VAS marketplace is dynamic, driven by handset OEMs, network operators, content owners, and MVAS innovators such as OnMobile. Originally incubated by Infosys, the company offers a wide range of products and services, which are evaluated in this report. Already a market leader in India , the company is poised to gain market share in other areas.
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
Website@ http://www.researchmoz.us
Email: sales(at)researchmoz(dot)us
Browse Blog - http://latestmarketstudy.blogspot.com/.

Monday, November 11, 2013

Biometric Stock Alert: Synaptics (SYNA) Closes Acquisition of Validity Sensors

SAN JOSE, Calif. - November 11, 2013 (Investorideas.com Newswire) Synaptics Inc. (SYNA), a leader in human interface solutions, announced Friday it has completed its acquisition of Validity Sensors, Inc. ("Validity") on November 7, 2013. Expansion into the fingerprint identification market, with the acquisition of a world class Validity team that delivers industry-leading solutions, is an integral part of Synaptics' growth strategy as it immediately expands the depth and breadth of solutions available to its global partners.

As consumer demand for fingerprint ID integration into intuitive smart devices continues to grow, OEMs are looking to differentiate their products with the innovative solutions Synaptics' partners have come to expect. With the addition of Validity's secure, high-performance and cost-effective solutions to Synaptics' core family of industry-leading ClearPad® and TouchPad™ solutions, partners will have access to the industry's broadest portfolio of leading-edge human interface solutions for smartphones, tablets, and notebook PCs.
"We have received overwhelmingly positive customer feedback on the strength of the combined organizations and the opportunities that lie ahead for Synaptics," said Rick Bergman, Synaptics CEO and president. "As the leading human interface solution provider we are well positioned both, competitively and strategically, to exceed the needs of our global partners."
For up-to-the-minute Synaptics news, follow @SynaCorp on Twitter or visit our blog at blog.synaptics.com.
For more information on Synaptics' products and solutions please visit www.synaptics.com.
About Synaptics
As a leading developer of human interface solutions which enhance the user experience, Synaptics provides the broadest solutions portfolio in the industry. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad™ and ForcePad®, is integrated into the majority of today's notebook PCs. Synaptics LiveFlex® fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook PCS. Synaptics' wide portfolio also includes ThinTouch® supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications. (SYNA) www.synaptics.com
Forward-Looking Statements
This press release contains "forward-looking" statements about Synaptics, as that term is defined under the federal securities laws. Synaptics intends such forward-looking statements to be subject to the safe harbor created by those laws. Such forward-looking statements include, but are not limited to, statements regarding Synaptics' expectations of the depth and breadth of its solutions; Synaptics' expectations regarding the demand for fingerprint ID integration; OEMs' desire to differentiate their products with Synaptics' solutions; Synaptics' belief that its solutions will provide its partners with access to the industry's broadest portfolio of leading-edge human interface solutions for smartphones, tablets, and notebook PCs; and Synaptics' belief that it is well positioned both competitively and strategically to exceed the needs of its global partners. Synaptics cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include, but are not limited to, (a) demand for Synaptics' and Validity's products, (b) market demand for OEMs' products using Synaptics' or Validity's solutions, (c) changing market demand trends in the markets Synaptics or Validity serves, (d) the success of Synaptics' and Validity's customers' products that utilize Synaptics' or Validity's product solutions, (e) the development and launch cycles of Synaptics' and Validity's customers' products, (f) market pressures on selling prices, (g) the market acceptance of Synaptics' and Validity's product solutions compared with competitors' solutions, (h) general economic conditions, including consumer confidence and demand, and (i) other risks as identified from time to time in Synaptics' SEC reports, including Quarterly Reports on Form 10-Q and the Annual Report on Form 10-K for the fiscal year ended June 30, 2013. All forward-looking statements are based on information available to Synaptics on the date hereof, and Synaptics assumes no obligation to update such statements.
Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.
Previous Investorideas interview with SYNA
Synaptics (SYNA) Biometrics Acquisition Adds Momentum to Sector
Investorideas.com talked to leading analysts and experts at Frost & Sullivan, Goode Intelligence and NXT-ID Inc (OTCQB: NXTD) to gain insight into the significance of the deal. Additionally, we asked Alfred Woo, product-marketing manager at Synaptics to discuss the recent acquisition.
http://finance.yahoo.com/news/synaptics-syna-biometrics-acquisition-adds-123000997.html

Wednesday, November 6, 2013

Equity Research: NXT-ID (OTCQB:NXTD) Mobile-Bio Platform Enables M-Commerce

November 6, 2013 (Investorideas.com biometrics/ defense stocks newswire) SeekingAlpha.com: SoundView Technology Group issues equity research note - NXT-ID (OTCQB: NXTD) Mobile-Bio Platform Enables M-Commerce.

Technology is finally enabling bio-based security features on mobile devices that will overcome one of the final obstacles to truly mobile digital commerce. One company, NXT-ID (OTC:NXTD), has emerged as a newly public company with a set of technologies and an open platform that can be used across all these applications. Based on our analysis the next few quarters of adoption will drive a near-term intrinsic value of over $10/share and a much higher figure for 2014. This report goes into more detail concerning the technology, the market, and the company.
Device-level sensors, biometrics and embedded processing have arrived. With these advanced technologies, the wallet can be made more versatile, secure and powerful with modern technology built into it. This same approach will be found in a broad range of products from firearms to autos, which will only fire and run if the authorized owner is securely identified and in command. The IT companies have provided more security (multi-factor, out-of-band authentication) but these don't work well because they are neither simple nor obvious. It's now pretty easy to know that "you are you" given enough of the right sensor and biometric information combined with the right data and some local processing.
In the future, it is likely that we are not going to carry around little pieces of colored plastic to make payments; furthermore, we are not going to rely on simple alphanumeric passwords to access our devices and conduct transactions. Lest everyone think the smartphone will save the day, it has a few chronic weaknesses. Power is the most basic one. Consumers expect their keys and wallet to work all the time. Smartphones are not secure or private in the slightest, nor are they likely to become so for quite some time.
Full article http://seekingalpha.com
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) 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. NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Published at Investorieas.com
About www.InvestorIdeas.com: Big Ideas for global investors, InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors.
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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: Investorideas has been compensated by NXTD: five thousand per month plus 144 shares.
More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : 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.

Monday, November 4, 2013

Biometric Stock Alert: Nxt-ID, Inc. (OTCQB:NXTD) Announces Release of Biometric Mobile App Ahead of Schedule

SHELTON, CT - November 4, 2013 (Investorideas.com biometrics/ defense stocks newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing mobile commerce market, announced today that it has successfully developed its Voicematch™ algorithm for mobile platforms. Originally scheduled for full release in Q3 2014, progress on the development of Voicematch™ Mobile App technology has exceeded original expectations, prompting NXT-ID to release the product earlier than anticipated.

Voicematch™ is a new method of recognizing both speakers and specific words providing innovative multi-factor recognition that is efficient enough to run on low-power devices.
"We are extremely excited to enable speaker recognition as a multi-factor authentication method for mobile and wearable devices, as speaking is a very natural way to be authenticated," says Gino Pereira, CEO of NXT-ID. "Apple has validated the use of biometrics on mobile platforms by the use of fingerprint scanners on its latest products. Voice authentication is the next step forward."
Voicematch™ is a key multi-factor biometric of NXT-ID's MobileBio™ mobile and wearable identity technologies that bring full control and protection of private data to authenticated users. It is multi-platform, meaning it will run on mobile platforms such as Android and iOS, as well as laptops and desktops. It will also be one of the multi-factor authentication methods for NXT-ID's ultra-low power electronic wallet -- the Wocket™.
"What's amazing is the accuracy that we are achieving with this new voice recognition algorithm with very low power requirements," says David Tunnell, CTO of NXT-ID. "The efficiencies of this product makes biometric authentication possible for a number of mobile and wearable applications where low-power is paramount."
The Company's target market includes smartphone manufacturers and app providers that use personal and sensitive information in their applications.
Details of this innovative technology are forthcoming via an imminent patent application.
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) 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. NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification 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.
Contact:
Corporate info: info@nxt-id.com
Investor Relations
ProActive Capital Group
Direct: 646 863 6341
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: this release was compensated for by NXTD as part of a monthly service for news publication and distribution and content marketing. (five thousand per month plus 144 shares)
More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: 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.