Tech Alert: The Wocket and COIN Set the Stage for Changing Your Wallet as You Know It; CEOs of NXT-ID, Inc (NXTD) and COIN Discuss How all Your Credit Cards Can Be Managed in One Product

Point Roberts, WA, NEW YORK, NY - December 9, 2013 (Investorideas.com Newswire) Investorideas.com, an investor news and research portal specializing in leading sectors including biometrics and mobile technology issues an exclusive interview with Mr. Gino Pereira, Chief Executive Officer of NXT-ID, Inc (OTCQB: NXTD) and Mr. Kanishk Parashar, CEO of Coin. The CEOs discuss their innovative payment technologies coming to market in 2014.

Each company has a different approach, technology base, product benefits and security features but both have the same goal; to make it simpler, easier and more secure for consumers to manage their credit cards.
As the two companies prepare for their roll-out in 2014, Investorideas interviews both CEOs to give consumers insight as to what will differentiate the products to the end user.
NXT-ID, Inc’s, The Wocket™ contains a single secure smart card that can hold up to 100 cards and is designed to replace all the cards in your wallet. The Wocket™ works anywhere that credit cards are accepted and can only be used with your biometric or touch screen authentication. The Wocket™ is scheduled to come to market in the first quarter of 2014.
COIN, a company that puts eight credit cards in one COIN is taking pre- orders from consumers for delivery in the summer in 2014. Management believes believe Coin is a substantial improvement on how consumers interact with, and use cards that have a magnetic stripe.
NXT-ID, Inc Interview:
Q: Investorideas.com
What is the idea behind the wocket™?
A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc
The wocket™ is our interpretation of everything a modern wallet should be. It has a single reprogrammable credit card within the wocket to allow secure payments to be made in a traditional manner but the wocket has other functionality too and will be able to display identification as well as hold cash just like a traditional wallet.
Q: Investorideas.com
What is the battery life of the smart card in the wocket?
A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc
The smart card in the wocket is automatically recharged when it is in the wocket so it will never run out of juice! The wocket uses two CR batteries that need to be replaced every 2 to 4 years depending on frequency of use but they are inexpensive and widely available.
Q: Investorideas.com
Does the phone need to be near for the wocket to work?
A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc
No. The wocket does not depend on a phone to work. In fact no confidential information in the wocket is ever passed through a phone or the internet. It is an important security feature.
Q: Investorideas.com
What security features does the wocket have?
A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc
In order to access the wocket for use, the user must authenticate themselves through the use of a multi-factor voice biometric algorithm or through a unique identifier on the touch screen. As we have previously stated, no confidential information in the wocket is ever passed through a phone. The confidential card information is loaded directly on to the wocket through a scanner that has an input directly into the wocket. In addition after the card is used, the wocket zeroizes the magnetic strip meaning no information is retained on the card. If the card is lost there is no useful information on it. In fact purchasers can subscribe to an insurance plan with us so that if their card is lost we will replace it overnight and they can continue life as normal within 24 hrs.
Q: Investorideas.com
What features does the wocket offer other than making credit card payments?
A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc
Any card with a magnetic stripe can be loaded on the wocket so debit cards, gas cards, supermarket cards and other loyalty cards can all be used. The wocket can also display barcodes and identity cards. The fact that the wocket is a smart wallet also means that future editions will be able to make touchless payments, often known as “touch and go”, and NFC capability means that you could even use it at to make EZ-pass payments while you are driving. Of course you will also be able to hold cash in your wocket as well.
COIN Interview:
Q: Investorideas.com
I had read that the battery life of COIN is 2 years; is that correct? And if so what kind of usage is that based on in testing?
A: Kanishk Parashar, CEO of Coin
COIN’s battery life is 2 years under normal usage. Normal usage is 10 swipes per day.
Q: Investorideas.com
What happens if the phone battery dies? does it still work?
A: Kanishk Parashar, CEO of Coin
Coin uses the concept of a leash, when the phone battery dies, the leash breaks and Coin locks down and disables itself. Once this happens, users can manually unlock Coin using a single button passcode (similar to a morse code) and continue to use their Coin without their phone.
Q: Investorideas.com
How do they get the credit info onto the phone app? How is it downloaded?
A: Kanishk Parashar, CEO of Coin
Credit card info is downloaded to your phone app by first taking a picture of the front and back of your card, answering personal security questions and finally through a card reader dongle attached to your phone.
Q: Investorideas.com
Have you tested the magnetic stripe with all kinds of payment cards? And can you say which ones?
A: Kanishk Parashar, CEO of Coin
We have proven and tested the magnetic stripe with all kinds of payment cards such as Visa, MasterCard, and AMEX just to name a few, as well as other magnetic striped cards like loyalty cards, gift cards, and membership cards.
Q: Investorideas.com
Does the phone need to be near for COIN to work?
A: Kanishk Parashar, CEO of Coin
( as per question 2) Coin uses the concept of a leash, when the phone battery dies, the leash breaks and Coin locks down and disables itself. Once this happens, users can manually unlock Coin using a single button passcode (similar to a morse code) and continue to use their Coin without their phone.
Q: Investorideas.com What stops someone that gets a hold of your COIN, from accessing all 8 cards you may have downloaded? For example what happens if it falls in the hands of either a customer service person or if you loose it or someone steals it?
A: Kanishk Parashar, CEO of Coin
When you give your COIN to a customer service person or waiter, you can lock the card to avoid unwanted swipes from occurring. Additionally COIN will keep track of the number of times it is swiped and will alert you when actions are suspicious. When your COIN is lost or stolen, it will be disabled and inoperable as soon as it breaks connectivity with your mobile phone and will not function until it is manually enabled or reconnected to your phone.
About NXT- ID Inc. - (OTCQB: NXTD) Mobile Security for a Mobile World
NXT-ID, Inc.'s 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/, http://thewocket.com/
About COIN
Hold all your cards in one Coin.
https://onlycoin.com/about/
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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 Investorideas is long shares in the company.
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
Investorideas.com

800-665-0411
or 212-822-8842 Sources: Investorideas.com, COIN, NXT- ID Inc

Biometric Stock Alert: NXT-ID, Inc. (OTCQB: NXTD) Announces Product Features for Next Generation Electronic Wallet, "The Wocket(TM)"

SHELTON, CT - December 3, 2013 (Investorideas.com Newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing mobile commerce market, today announced features of its next generation wallet, The Wocket™, scheduled for launch for the first quarter of 2014.

The Wocket™ is designed to replace all the cards in your wallet with a single, secure smart card. The Wocket™ works anywhere that credit cards are accepted and can only be used with your biometric or touch screen authentication.
The world of wallets is about to change with new and exciting technologies making payments easier than ever. However, most credit card holders are understandably reluctant to use their smartphone for transactions -- this is due to a variety of reasons including:

• Limited battery life
• Dependency on wireless network coverage
• Well publicized security threats

Rather than depending on a smartphone for transactions, NXT-ID has developed a truly next generation electronic wallet.
This unique technology takes a very different approach: Instead of replacing the wallet, NXT-ID is improving it. The Company's innovative Wocket™ replaces all the cards in your wallet with one single re-programmable card that supports most payment methods currently available at a Point-of-Sale (POS) at retailers around the world (magnetic stripe, NFC and barcode)... all within a secure biometric vault.
Access your Wocket™ with security on the touch screen or through voice authentication biometrics and select which card you wish to use; now use that card to substitute any card in your wallet. What's more, no personal information is retained on the magnetic stripe so the risk of fraud is greatly reduced.
Now you can bring the wallet you know and love into the future with the Wocket™ and have advanced secure electronic wallet technology from NXT-ID.
Availability:
NXT-ID will be launching the Wocket in the first quarter of 2014.
Product Features and Benefits

• Card reader plugs in directly to Wocket
• Card information is erased after every transaction
• Does not require phone
• Number of cards- Approximately 100 cards, records, coupons, etc.
• Authentication - Multi-factor (user configurable) Dynamic Pairing of voice and word
• User Interface: Display and or Voice
• Payment methods: Dynamic Mag Stripe, QR Code
• Battery: Replaceable CR batteries in the Wocket.
• Life: Unlimited with in-wallet charging of dynamic card.

Stay tuned for further announcements at the company website and at http://thewocket.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's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and 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:
Investor Inquiries:
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
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.

Social Media Stock Alert: UMeWorld (OTCQB:UMEWF) to Monetize its UMeLook Video Platform

HONG KONG - December 3, 2013 (Investorideas.com newswire) UMeWorld Limited (OTCQB: UMEWF) today outlines its growth strategy for UMeLook.com, a video platform focused on foreign content.

"Uniquely Positioned" in China
UMeLook.com is uniquely positioned to take advantage of the continuing boom in the Chinese economy and the rising wealth of hundreds of millions of the nation's residents. Unlike most competitors, UMeLook.com is focused on foreign content and targets affluent Chinese viewers who are interested in foreign information, products and brands. Chinese buyers are becoming increasingly sophisticated when it comes to buying high-end goods. They increasingly see luxury purchases as "lifestyle" rather than "celebratory," items and have become more interested in smaller niche brands, as opposed to big established international brands. UMeLook’s brand channel platform offers foreign advertisers the ability to use their existing promotional video assets to access affluent mainland China consumers at an affordable cost. For these reasons, the company is focusing on becoming the leading foreign product promotion provider in China.
Unique visitors Growth Seen Staying on Track
Since launching the newly redesigned UMeLook.com in May 2013, viewership has been growing at double digit month on month rates and surpassed 8 million unique visitors in November. This impressive growth rate has been achieved with minimal marketing efforts and is poised to accelerate with the introduction of revamped brand channels which are dedicated to promoting high-end, luxury product information.
Unique Revenue Model
"We have built a video platform to generate revenues through marketing and product promotion as well as traditional advertising methods. We have targeted a niche affinity market. UMeWorld’s goal is to make UMeLook.com the preferred source of high quality product information from foreign companies wishing to market their products to Chinese consumers. By correlating the UMeLook logo with guaranteed authentic foreign producer product information, UMeLook intends to become the go-to source for quality foreign products through online video in China. We are committed to enhancing shareholder value and believe that UMeLook.com is well positioned to excel and capitalize on market opportunities in the near and long-term," stated Ruby Hui, Vice President of Business Development.
About UMFun™
The UMFun™ (formerly SmartStar) is the only cloud based, patent-pending, adaptive learning,educational platform in China. The Platform name UMFun™ in the Chinese language means 'Full Mark'. It is a cost effective, engaging and entertaining assessment and tutoring platform that can intelligently analyze and adapt to a student's performance and personalizes the delivery of proprietary educational items in accordance with the student's learning needs.
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
This release may contain projections and other forward-looking statements that involve risks and uncertainties. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Future performance cannot be assured. Readers are referred to the documents filed by UMeWorld with the Securities and Exchange Commission (SEC), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
For more information, please contact:
UMeWorld Limited
Michael Lee, 852-2824-8716
Investor Relations
info@UMeWorld.com
Published at Investorideas.com – Big Ideas for Global Investors
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : one thousand per month
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

China Social Media Stock Alert: UMeWorld (OTCQB:UMEWF) Releases UMFun™ Final Version, Praised by China State Media.

HONG KONG - November 26, 2013 (Investorideas.com newswire) MeWorld Limited (OTCQB: UMEWF) is pleased to announce the release of UMFun™ final version with features that will further differentiate it from the competition. UMFun beta version was launched in October and was very well received by the Chinese education community and most importantly, praised by State media including CNTV and People's Daily, an organ of the Central Committee of the Communist Party of China (CPC).

People's Daily commented, "UMfun chooses to combine the psychology of students' passion of game playing with learning & education, student feels the pleasure of learning through playing game, compared with traditional education, is an innovative and bold breakthrough."
The final version includes features such as social networking, PK (Player Kill - where one player can challenge another without warning), a rewards system such as Tools & U Coins and many others that are popular features in online games. All of these features are designed to make UMFun engaging, entertaining, stimulating and to incentivize a student's desire to learn and be educated through playing UMFun.
"We have reached a major milestone with the release of this final version. We will now focus on executing our sales and marketing plan with the goal of becoming the leading educational service provider in China," said Ruby Hui, Vice President of Business Development.
About UMFun™
The UMFun™ (formerly SmartStar) is the only cloud based, patent-pending, adaptive learning,educational platform in China. The Platform name UMFun™ in the Chinese language means 'Full Mark'. It is a cost effective, engaging and entertaining assessment and tutoring platform that can intelligently analyze and adapt to a student's performance and personalizes the delivery of proprietary educational items in accordance with the student's learning needs.
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
This release may contain projections and other forward-looking statements that involve risks and uncertainties. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Future performance cannot be assured. Readers are referred to the documents filed by UMeWorld with the Securities and Exchange Commission (SEC), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
For more information, please contact:
UMeWorld Limited
Michael Lee, 852-2824-8716
Investor Relations
info@UMeWorld.com
Published at Investorideas.com – Big Ideas for Global Investors
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : one thousand per month
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

Biometric Stock Alert: Mobile Biometric Company NXT-ID, Inc. (OTCQB: NXTD) to Present at the 9th Annual "Livingston Nanotechnology Conference" December 11th

SHELTON, CT - November 25, 2013 (Investorideas.com Newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces it will be presenting at the 9th annual "Livingston Nanotechnology Conference" to be held Dec 11th - 13th in Midtown Manhattan.

Mr. Gino Pereira, CEO of NXT-ID, Inc., will present at the December 11th session, introducing the company's next generation suite of MobileBio™ biometric technologies. From facial recognition to voice biometrics, the company's technology is at the forefront of change in the mobile and security sectors.
Mr. Pereira's presentation will focus on the pending 2014 launch of its leading product, The Wocket™. The Wocket™ is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard, can replace more than 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card.
The "Livingston Nanotechnology Conference" is a must-attend event for those interested in disruptive technologies and in getting involved in next generation technologies before they are in the popular press.
It is the largest and longest running gathering of investors, entrepreneurs and innovators in New York and always attracts a unique and high-end audience.
"We expect investor presentations by over 50 public and soon-to-be-public companies at the event, and are tentatively scheduling site visits to Albany Nano and the Brookhaven National Labs," said Scott Livingston.
"Every year the conference highlights next generation technologies. This year we are already planning tracks to help our attendees learn about technologies that seem far fetched but are much closer to commercial reality than people realize, including 4D printing (3D printing with smart materials that change their properties over time)," he went on to say.
For more info on last year's presenters visit: www.livingstonsecurities.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's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and 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:
Investor Inquiries:
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
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.

Mobile Payment Stock Alert: NXT-ID (OTCQB: NXTD) Trades Up on Wocket™ Market Opportunity and Comments on Recent Launch of COIN

SHELTON, CT - November 20, 2013 (Investorideas.com Newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market traded up in this mornings session following an update on its leading product The Wocket™. The stock had a morning high of $3.98.

From the press release:
SoundView Research states, "We estimate that NXT-ID can capture 6 million users in the U.S. for its Wocket product. Based on the estimated selling price of The Wocket at $99.99 per unit, and including the optional insurance program and other ancillary services we estimate the U.S. market opportunity for NXT-ID'S Wocket to be in the range of $780M to $930M."
The Wocket™, anticipated to be coming to market in the first quarter of 2014, is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace up to 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card.
Authenticated users select payment information, via touch display or voice command and use the NXTCard as they would any other magnetic stripe credit or debit card.
The Company just reported it successfully ported its MobileBio Voicematch™ algorithm to The Wocket™. Voicematch™ is a multi-factor biometric technology that can be programmed to match both the user's voice and a specific word of choice.
"We are very excited to see consumers embracing the idea of a new simpler form of payment technology, based on the reaction to the crowd funding start up COIN over the past few days. It shows there is a demand and a desire to replace the current method of carrying around multiple credit cards in a wallet," said Gino Pereira, CEO of NXT-ID, Inc.
"We have been working on The Wocket for over two years now and have designed a product that not only replaces multiple magnetic stripe cards but also introduces a high level of security and functionality while doing so. The Wocket is a replacement for the wallet and will serve as a platform for future innovation. It can read QR codes and barcodes and will be NFC capable allowing for the next generation of contactless payments as well as the traditional magnetic stripe contact method. Very importantly, sensitive user information is directly loaded on to the Wocket without having to pass through or be stored on potentially unsecure platforms such as smartphones or web based services. With our product launch anticipated for the first quarter next year, we will be showcasing The Wocket™ developments and updates on www.thewocket.com over the coming months. We believe consumers will be as excited as we are about The Wocket™."
Full news: http://finance.yahoo.com/news/research-reports-features-wocket-tm-193835829.html
The space is getting a lot of buzz following the launch and media campaign of start- up company COIN, which is bringing its product to consumers for the summer of 2014.
According to COIN's website, Coin is a connected device that can hold and behave like the cards you already carry. Coin works with your debit cards, credit cards, gift cards, loyalty cards and membership cards. Instead of carrying several cards you carry one Coin. Multiple accounts and information all in one place. The mobile app will allow you to add, manage and sync the cards that you choose to store on your Coin. The process of adding card information to the mobile app is very simple and is done by taking a picture or two and swiping your Coin through a small device we provide you with. Each Coin costs $100. For early adopters there is a very limited quantity that can be purchased for $50.
"The consumer gets to keep their habits and the merchants can keep their habits," said Kanishk Parashar, Coin's chief executive, in an interview with the Wall street Journal.
Video:
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://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 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.

NXT-ID, Inc (OTCQB:NXTD) Alert: Research Reports Features The Wocket(TM), Designed to Be the Next Generation Wallet; NXTCard Functions Anywhere Credit, Debit and Loyalty Cards Are Accepted

SHELTON, CT - November 19, 2013 (Investorideas.com Newswire) SoundView Research, a leading independent research firm, recently published a report on NXT-ID Inc. (OTCQB: NXTD) featuring the market and opportunity for its leading product, The Wocket™.

SoundView Research states, "We estimate that NXT-ID can capture 6 million users in the U.S. for its Wocket product. Based on the estimated selling price of The Wocket at $99.99 per unit, and including the optional insurance program and other ancillary services we estimate the U.S. market opportunity for NXT-ID'S Wocket to be in the range of $780M to $930M."
The Wocket™, anticipated to be coming to market in the first quarter of 2014, is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace up to 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card.
Authenticated users select payment information, via touch display or voice command and use the NXTCard as they would any other magnetic stripe credit or debit card.
The Company just reported it successfully ported its MobileBio Voicematch™ algorithm to The Wocket™. Voicematch™ is a multi-factor biometric technology that can be programmed to match both the user's voice and a specific word of choice.
"We are very excited to see consumers embracing the idea of a new simpler form of payment technology, based on the reaction to the crowd funding start up COIN over the past few days. It shows there is a demand and a desire to replace the current method of carrying around multiple credit cards in a wallet," said Gino Pereira, CEO of NXT-ID, Inc.
"We have been working on The Wocket for over two years now and have designed a product that not only replaces multiple magnetic stripe cards but also introduces a high level of security and functionality while doing so. The Wocket is a replacement for the wallet and will serve as a platform for future innovation. It can read QR codes and barcodes and will be NFC capable allowing for the next generation of contactless payments as well as the traditional magnetic stripe contact method. Very importantly, sensitive user information is directly loaded on to tHE Wocket without having to pass through or be stored on potentially unsecure platforms such as smartphones or web based services. With our product launch anticipated for the first quarter next year, we will be showcasing The Wocket™ developments and updates on www.thewocket.com over the coming months. We believe consumers will be as excited as we are about The Wocket™."
Excerpt from SoundView Research Report on The Wocket™:
The Wocket has a target market of nearly $1B in the U.S. alone. The opportunity will expand across multiple segments, given that the company's products target consumers, enterprise and government agencies in the U.S. and overseas.
NXT-ID's Wocket product is the next generation of secure wallets designed to function anywhere credit cards are accepted. There are close to 200 million credit card holders in the U.S. alone and tens of millions more overseas. The average credit card holder today has 3.5 cards. Credit cards are associated with more than $2.5 trillion in transactions a year and are accepted at more than 24 mil-lion locations in more than 200 countries and territories.
Fraud is a key concern of credit card users. There is growing demand for solutions that prevent or substantially curtail the incidence of credit card fraud. The Wocket has been designed to offer consumers an affordable, mobile, biometrically secured device that has security features and functionality exceeding anything on the marketplace today. In addition, NXT-ID is planning on offering users an inexpensive monthly insurance plan for frequent credit card users that seek even greater peace of mind.
The Wocket will also be designed to carry grocery cards, gas cards and other retail store cards that have become widespread, thus expanding its functionality to users beyond credit cards.
The Wocket is being designed to exploit Near Field Communications (NFC) technology as a way to transmit secure information over mobile devices. NFC is an emerging technology that has yet to take off, but there certainly seems to be a great deal of potential for the technology in the years ahead. We have seen analyst estimates of global, consumer financial sales transactions via NFC mobile-enabled devices growing to $50 billion by 2014. Total e-commerce sales worldwide today exceed $1 trillion, with an expected increase in market penetration of NFC-related mobile transactions in the future.
The report also covers the full MobileBio™ suite of products including facial recognition and voice recognition.
The full research report is available here:
MOBILE SECURITY BEYOND THE PASSWORD
STEPHEN WAITE AND KRIS TUTTLE - OCTOBER 15, 2013
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/
About SoundView Technology Group:
We are an independent advisory and research firm specializing in emerging technologies as they reach commercialization. Our proprietary research and modeling work provides valuable information for company management teams and investors in these emerging opportunities. We regularly publish our findings across a variety of channels including all the major retail and institutional information outlets. SoundView is based in Boston, Massachusetts with locations in New York and Connecticut.
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.
Disclosures: SoundView analysts do not receive compensation for their research opinions, any specific views or conclusions. They are tasked to provide fact-based research with sound analysis. SoundView does not provide investment advice or make "buy/sell/hold" recommendations. Nor do we provide investment banking or brokerage services. We act as a publisher of our own research work and are responsible for all content. From January 2013 to July 2013 SoundView provided paid advisory services NXT-ID on their business plans, company description and investor positioning.
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.