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Wednesday, December 18, 2013

SoundView Technology Group Equity Research Update; Viscount Systems (OTCQB:VSYS)

December 18, 2013 (www.investorideas.com newswire) SoundView Technology Group Equity Research Update.
Microsoft (NASDAQ: MSFT) has recently committed to a solid core strategy of "Devices & Services" for the company. Even prior to a new CEO being named this has led to a much clearer path forward for Microsoft, their partners and their customers.

It also comes on the heels of a deepened technology partnership and revenue sharing agreement between Microsoft Global Security and Viscount Systems (OTCQB:VSYS) for cloud-based access control security products.
Most importantly this opens up a major technology licensing opportunity for Viscount as it is now clear to all equipment makers that they will absolutely need a software approach over IP networks.
As a small company with a substantial patent position and strong relationship with one of the key cloud infrastructure suppliers we see a licensing strategy emerging in 2014 and beyond for Viscount Systems which will help large but low innovation players like Tyco (TYC), Honeywell (HON) and Johns Controls (JCI) offer compatible security and access control products.
The licensing program now is only aspirational but the near-term business trends have remained intact thus far in the December quarter. We expect to see a continuation of improving YoY growth and solid sequential growth when the company closes the books on 2013.
The research update note is available at this link: http://s3.amazonaws.com/Published_Research/Viscount_VSYS_Note_Dec_2013.pdf
Any questions please contact:
Kris Tuttle
Director of Research
SoundView Technology Group
kris@soundview.co
617-828-6462

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. 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.

Tuesday, December 17, 2013

Biometric Stock Alert: NXT-ID, Inc. (OTCQB: NXTD) Appoints Two Former MasterCard Executives to Its Newly Formed Advisory Board

SHELTON, CT - December 17, 2013 (Investorideas.com Newswire) NXT-ID (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces the appointment of two key advisory board members, Mr. Lawrence Flanagan and Mr. Ken Moy. The appointments from the card payment industry align with the company's roll-out and 2014 launch of The Wocket™, a next generation biometrically secure wallet.

"We are honored and excited to have two luminaries of the card payment world on our advisory board," said Gino Pereira, CEO of NXT-ID, Inc. "Their experience is invaluable to our future prospects and growth for The Wocket™. We look forward to growing our advisory board over the next few months with equally talented and experienced individuals."
Mr. Lawrence Flanagan is President and Founder of New Tech Haven since January 2013 and was formerly the Executive Dean at the University of New Haven College of Business. Flanagan is regarded as one of the most accomplished global marketing leaders in the country. Prior to his career in academia, he spent nearly three decades in corporate America as an executive at MasterCard Worldwide, the Procter & Gamble Company and L'Oreal USA.
As the global chief marketing officer at MasterCard, he managed a $1.5 billion budget, directed marketing strategies in more than 50 countries and helped launch the company's hugely successful "Priceless" advertising campaign. He also established strategic partnerships with Major League Baseball, the PGA Tour and Champions League soccer in Europe and was part of the executive team that spearheaded MasterCard's highly successful initial public offering in 2006. He earned six Gold Effie awards from the American Marketing Association, the most prestigious honor among marketing professionals, and was recognized as one of the "25 Most Influential People in Sports" in 2004 by SportBusiness International. In 2008, the NY AdClub named Flanagan "Person of the Year". In 2013, the University of New Haven awarded a Doctor of Business Administration honoris causa to Flanagan.
Flanagan, who is a former national co-chair of the CMO Collective, is active with Save the Children and previously served on the University of New Haven's Board of Governors. He is on the advisory boards of Visitdays.com and Fraud.net.
The second appointment, Mr. Ken Moy, was formerly senior vice president and Group Head of US Emerging Payments at MasterCard Worldwide.
Moy led the execution of the company's digital conversion strategy and managed all aspects of product development and a diverse set of existing products including online and offline payments, authentication solutions, spending controls and alerts services. He launched MasterPass, the firm's digital wallet solution and important pillar to overall strategy, achieving over 25,000 online merchants, and wallet distribution with over 20 financial institutions.
Moy has extensive experience in large-scale rollouts, partnerships, corporate development, strategic planning, business administration and product management, in the technology, commerce and financial services space. He led an exclusive agreement with Google, Citibank and First Data to launch Google Wallet, the first commercially available mobile payment solutions. He also led an exclusive agreement with Intel for access to embedded technology in Intel PCs to deliver enhanced security and user experience for electronic ecommerce.
Prior to his nearly 14 year career at MasterCard, Mr. Moy enjoyed a successful 10 year career at Citibank where he held a range of leadership roles in the firm's payment cards and wholesale banking businesses.
He was a Smart Card Alliance Board Member from 2004-2010 and is a frequent industry speaker and commentator.
Presently, Moy is Founder and President of Harvest Advisors LLC, a provider of strategy, business development and implementation advice to start-ups and technology solution providers in the developing commerce space.
NXT-ID, Inc. released the first images of The Wocket™ on its corporate website and product website late last week.
About The Wocket™
The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. 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.

Monday, December 16, 2013

Social Media Stock Alert: UMeWorld (OTCQB:UMEWF) Announces Recent Business Developments

HONG KONG - December 16, 2013 (Investorideas.com newswire) UMeWorld Limited (OTCQB: UMEWF) an emerging digital media company based in China, today announces its recent business developments as of December 16, 2013 and the outlook for the 1st quarter of 2014.

Press Releases Issued During the Period:
  • Dec 3, 2013 - UMeWorld to Monetize its UMeLook Video Platform.
  • Nov 26, 2013 - UMeWorld Releases UMFun™ Final Version, Praised by China State Media.
  • Nov 8, 2013 - UMeWorld’s Video Platform Surpasses 7.2 Million Unique Visitors.
  • Oct 14, 2013 - UMeWorld Launches Revamped Brand Channels on UMeLook.com.
  • Oct 1, 2013 - UMeWorld Launches UMFun™.
  • Sep 18, 2013 - UMeWorld Provides Corporate Update.
Recent Corporate Development During the Period:
  • UMeWorld presents at SeeThruEquity Microcap Investor Conference in New York City.
  • UMeWorld initiates two online Investor Relation programs.
  • UMeWorld completes internal corporate development review and held discussions with two investment banks for Investment Banking and Advisory services.
  • UMeWorld identifies an acquisition target and engages in negotiations.
Upcoming Development in the 1st Quarter of 2014:
  • UMeLook to introduce Basic and Gold paid membership program to its Brand Channel.
  • UMeLook to release an App optimized for Android tablets and Smartphones.
  • UMFun to open an online store, where registered users will be able to use their U Coins (a virtual currency earned in UMeFun.com) to purchase gifts or services.
  • UMFun to introduce an off-line Affiliate Program in which registered users will be rewarded by U Coins and Tools for introducing other users to UMFun.
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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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

Wednesday, December 11, 2013

Biometric Stock Alert: NXT-ID, Inc. (OTCQB: NXTD) Upcoming Release of Wocket(TM) Taps Into Ramping Demand for Digital Wallets and Currencies

BOSTON, MA - December 11, 2013 (Investorideas.com Newswire) SoundView Technology Group: New research note points to recent industry developments as important drivers to adoption of the upcoming NXT-ID (OTCQB: NXTD) Wocket.

Over 7 million consumers have watched a marketing video for a new digital wallet with a very limited feature set. Consumer interest in this product area is high and accelerating.
The commercial development of new digital currencies like Bitcoin has continued despite extreme price volatility. Industry leaders from companies like PayPal have acknowledged the value and viability of the new currency. At the same time mainstream venture capital firms like Andreesen Horowitz have stepped up their efforts to find "major bets" to make in this new market.
These industry developments increase our confidence and enthusiasm for the NXT-ID (NXTD) Wocket™ both as a digital wallet and a potential secure storage option for Bitcoins. As we outline in our note, the Wocket has a much more robust design in terms of security and usability.
We see the following as key advantages for the NXT-ID Wocket:
Security: Using a secure chip the Wocket can store 100s of cards and digital records. Authentication is multi-factor and includes biometrics. Cards go into the Wocket directly without involving unsecure intermediate steps.
Usability: The Wocket includes an ultra-lower power touchscreen display in addition to the dynamic magnetic stripe as both a UI and QR-code mechanism. A combination of power management, in-wallet charging and standard battery means that consumers won't have to fear a "dead wallet."
Flexibility: Rather than being tied to a phone or platform the Wocket can be paired with any device either locally or in the cloud when secure protocols are available. This dynamic pairing is a key feature of the NXT-ID approach and is a powerful and highly differentiated aspect of their technology.
NXT-ID is an early stage technology company going after a large market. Based on initial traction and a conservative intrinsic valuation (IV) model show a fair value of $11/share we see the company continuing to benefit from intensive investor attention to this space.
Our full report is available for download here: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_NOTE_DEC_2013.pdf
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.
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 which is correct to the best of our abilities but by no means should it be relied upon without further validation and confirmation. SoundView provides paid advisory services NXT-ID on their business plans, technology description and investor positioning
Contact:
Kris Tuttle
Director of Research
SoundView Technology Group
617-828-6462
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.

Monday, December 9, 2013

Tekcapital to Present at the 9th Annual "Livingston Nanotechnology Conference" December 11th, 2013

Oxford, UK - December 9, 2013 (www.investorideas.com newswire) Tekcapital, Ltd., a leader in helping companies profit from new university intellectual property, announces Umesh Amin, EVP will be presenting "Expert Crowdsourcing: A new tool for expanding the intellectual property of nanotechnology focused companies."

The "Livingston Nanotechnology Conference" is an important event for those interested in disruptive technologies and in getting involved in next generation technologies before they are in the popular press.
"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)," said Scott Livingston. For more information see www.livingstonsecurities.com.
"Universities around the world have been conducting highly disruptive research in the nanotechnology area. We are delighted to have an opportunity to share how we can help nanotechnology companies benefit from this research by acquiring relevant IP through our Expert Crowdsourcing services," said Umesh Amin, EVP, Tekcapital.
Contacts:
(UK) Chris Lane, FTI Consulting LLP: Tel. +44 (0) 207 269 7276
(US & CANADA) Dawn Vanzant: Tel. 800 665 0411
About Tekcapital, Ltd. - The World's Largest University Network for Open Innovation
Tekcapital helps clients profit from new, university-developed intellectual properties.
With our proprietary discovery search engine, linked to 3,300+ universities in 160 countries, coupled with expert scientific review, we provide a turn-key service to make it easy for clients to find and acquire the IP they need to create a competitive advantage. www.tekcapital.com

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

Tuesday, December 3, 2013

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
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