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Wednesday, April 16, 2014

Breaking Tech News: NXT-ID, Inc. (OTCQB: NXTD) Announces CNBC Ad Campaign for Wocket(TM), Its Next Generation Smart Wallet

SHELTON, CT - April 16, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing m-commerce market, announced today that it will be featuring its next generation smart wallet, Wocket™, designed to replace all the cards in your wallet in a CNBC ad campaign starting in May. The add roll-out will commence prior to the previously announced May 28th press conference and marketing event to held at the Plaza Hotel in New York City.
Investorideas.com Newswire
The ad campaign will focus on Wocket™'s launch and its potential to revolutionize the payment industry.
Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.
Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
Mr. Gino Pereira, CEO of NXT-ID, Inc., said in regards to the upcoming ad campaign, "According to Travelers Insurance Company, 44% of all identity theft in the United States stems from a lost or stolen wallet. Approximately 12 million people a year fall victim to identity fraud. Wocket™ is the solution to this epidemic. Wocket replaces your existing wallet and stores all the cards that you own in a secure environment and utilizes one dynamic card to represent all your cards."
Starting dates and air times for the ad campaign on CNBC will be announced shortly. The May 28th event will introduce Wocket™, its new brand identity and marketing roll out.
Media and shareholders wishing to attend the May 28th event can email info@nxt-id.com
Wocket Consumer FAQ:
"What is Wocket ™?
Wocket™ is a smart wallet. Like the smart phone and smart watch, NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices.
"What does Wocket™ do?
Wocket™ locks all of your private information in an electronic "vault", where only an authenticated owner can authorize access to the data. Thus, you can "lock it with Wocket™ in your pocket", protecting your private information from unauthorized access.
"What makes Wocket™ smart?
Wocket™ smart wallet protects all of your private information inside an electronic vault while reducing the number of cards in your wallet. Dynamic pairing for authentication and encrypted data transfer with other secondary devices along with a plethora of new, innovative features makes Wocket™ the smartest wallet ever devised.
"How is Wocket™ different from other smart card solutions?
Wocket™ is not a smart card - it is a smart wallet. Thus, it can communicate with smart cards, but is not limited in the number, type, or method of communication of private information that typically restricts the use of a smart card. Furthermore, Wocket™ is not dependent on proximity or any other external factors to secure and choose soft-cards containing private information.
"How is Wocket™ different from other digital wallet solutions?

Rather than replace a wallet as many "digital wallet" technologies attempt to do, we chose to improve the wallet. Unlike other digital wallet solutions that depend on connectivity to choose a payment account, Wocket™ does not depend upon the cloud to select or make a payment.
"Does Wocket™ require another device, such as a cell phone?
No. Although Wocket™ does not require any other peripheral for security or "proximity sensing", Wocket™ can authenticate with secondary devices prior to transaction as an additional step in security as well as utilize a Wocket™ app on other devices to select or manage a soft-card, all without revealing private information.
"How do I access my private information?
A combination of biometrics, personal PIN or pattern provides multi-factor security for your Wocket™. Once Wocket™ verifies your identity, you can simply select whatever soft-card or information you want from the touch screen display, or in some configurations, your voice command.
"How many cards can be securely stored on a Wocket™?
Up to 10,000 cards, records, coupons, etc. and up to 100 voice commands can also be stored on Wocket™. More can be supported with optional additional memory.
The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
Interested consumers can also sign up for product info and news alerts in anticipation of the product. Pre-ordering will be available following the May 28th event. http://www.thewocket.com/, http://www.wocketwallet.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 led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
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:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

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 service. 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, April 14, 2014

Breaking Tech News: NXT-ID's (OTCQB: NXTD) Dynamic Pairing Prevents Security Vulnerabilities Such as Heartbleed Security Leak

SHELTON, CT - April 14, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today solutions to prevent issues such as the Heartbleed OpenSSL security leak using its patent pending Dynamic Pairing.
Investorideas.com Newswire
Gino Pereira, CEO of Nxt-ID said, "Dynamic Pairing is an important part of our MobileBio® product offerings including Wocket™. What sets us apart is that we not only authenticate who you are to access your private information, but we also protect it through sophisticated and novel encryption methods."
OpenSSL, a widely used open-source encryption standard, recently became the source of one of the largest security flaws ever reported. A little more than half the Internet is secured with OpenSSL, not including all the various email, chat, and app services on various platforms. The security flaw takes advantage of what OpenSSL calls a "heartbeat," where data is exchanged between a device and a server. Under normal circumstances, a device can only request a specific amount of data from the service. However, a recent bug introduced into the OpenSSL codebase allowed more than the specific amount to be extracted, causing more information to be revealed to the device than the device should be authorized to receive.
NXT-ID's Dynamic Pairing has its own heartbeat method, but unlike other methods such as OpenSSL, each data request is dynamic and based upon a risk analysis algorithm that inherently validates authentication. Since, by its very nature, authentication under dynamic pairing changes with each access, unauthorized data can never be revealed to any device. Dynamic Pairing adds authentication and security that overcome traditional vulnerabilities of methods such SSL and TLS.
In the case of Heartbleed, a hacker is accessing data over what the server assumed to be, a secure channel. The hacker then uses that channel to continually probe the server for more and more data. With Dynamic Pairing, the authentication score determines the level of trust the server gives an incoming connection. When a server utilizes Pairing Codes which are encrypted with dynamic authentication scores, a server would not be susceptible to an attack like Heartbleed.

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 led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
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:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

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 service. 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.

Wednesday, April 9, 2014

NXT-ID, Inc. (OTCQB: NXTD): Location Announced for Corporate Event for Wocket(TM), a Next Generation Smart Wallet; World-Renowned Plaza Hotel to Showcase Wocket's Debut on May 28th in New York City

SHELTON, CT - April 9, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing m-commerce market, today announces the location and time of its first corporate launch event and press conference for its next generation smart wallet, Wocket™, designed to secure and replace all the cards in your wallet. The event will take place in New York City on May 28th at the world-renowned Plaza Hotel from 3:00-5:00 p.m. est.
Investorideas.com Newswire
The first hour will consist of the marketing event and press conference to be held in the Terrace Room, followed by a one hour reception in the Terrace Foyer. Attendees will include media and shareholders. The event will be recorded for viewing online for interested media, investors and consumers. Consumers will be able to pre-order online following the event.
Mr. Gino Pereira, Chief Executive Officer of NXT-ID, Inc. said of the event, "For more than one hundred years, the Plaza has held a special place in the hearts and imagination of people around the world. This event will be the beginning of a world class marketing roll-out to reflect what we believe is a game changing technology in the payment and secure identity industry. Everyone in the world knows the Plaza and what it stands for; now it's time for the world to get to know Wocket™ and the standard of excellence we want to project."
Pereira continued, "It was once said, 'Nothing unimportant ever happens at The Plaza.' We can't imagine a better destination to introduce Wocket™, its new brand image and identity, new packaging, our new video and the commencement of pre-orders."
Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.
Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
The event will give consumers and media a first-hand look at the Wocket™ Smart Wallet, the Wocket™ Card, its new logo and brand images, new consumer video and new packaging. Following the event, consumers will be able to pre-order Wocket™ online.

Introducing Wocket™ at the Plaza will be Mr. Gino Pereira, Chief Executive Officer of NXT-ID, and Inc., David Tunnell, Chief Technology Officer and Advisory Board member, Mr. Lawrence Flanagan, the former Global Chief Marketing Officer of MasterCard. Mr. Flanagan 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.
The Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
Interested consumers can also sign up for product info and news alerts in anticipation of the product. http://www.thewocket.com/ and http://www.wocketwallet.com/
About the Plaza events http://www.theplazany.com/ and http://www.theplazany.com/events/
History: http://www.theplazany.com/history/
The event is limited to one hundred attendees consisting of media and shareholders. To attend please send requests to info@nxt-id.com or call 800 665 0411.
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 led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
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:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

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 service. 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, April 8, 2014

NXT-ID (OTCQB: NXTD) Media Alert: Trend Hunter Card Generating Smart Wallet Article Looks at The Wocket™

SHELTON, CT - April 8, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD) a biometrics company focused on the growing m-commerce market is featured today on Trend Hunter ( www.trendhunter.com ).
Investorideas.com Newswire
Investorideas.com Newswire
With 60,000,000 monthly views, TrendHunter.com is the world's largest, most popular trend community. Trend Hunter is based in Toronto, Canada, and fueled by a global network of 139,000 members and 3,000,000 fans.
The article titled "The 'Wocket' Generates Electronic Versions of Debit and Credit Cards" can be read in its entirety at http://www.trendhunter.com/trends/wocket .
Excerpt:
The 'Wocket' Generates Electronic Versions of Debit and Credit Cards
Trend Hunter
The Wocket is a high-tech smart wallet designed to securely store electronic versions of your various plastic cards so you don't have to carry physical cards everywhere and risk losing them or having them stolen.
The Wocket also comes with a swipeable physical card that can be programmed for single uses. It can also be purchased with the option of an added cash-carrying accessory.
Read the full article at: http://www.trendhunter.com/trends/wocket
Other Recent Media Coverage:
Nxt-ID to Release Biometric Smart Wallet
Chain Store Age - Nxt-ID Inc. intends to launch a smart wallet called Wocket. A biometrically secure smart wallet with a smart card that is immediately zeroized after each transaction, Wocket is designed to be useless to a thief.
Full article: www.chainstoreage.com/article/nxt-id-release-biometric-smart-wallet
Wocket Wants to Replace Your Wallet
Gizmag - No one wants their credit or debit cards, or even their NFC-enabled smartphone falling into the wrong hands. While there are already various security measures in development, NXT-ID's Wocket is one of the latest. Described as a "smart wallet," it's designed to securely store electronic versions of your various cards, plus it features a swipe-able physical card that can be programmed for single uses.
Full Article: http://www.gizmag.com/wocket-smart-wallet/31477/
Will Wocket™ Wow Digital Payments?
PYMTS.COM - W ill hype alone be able to carry the mobile-payments market? A Shelton, Conn.-based company apparently believes so. It also believes the phone is unnecessary to bring "mobile" eWallet payments to the masses.
Full Article: http://www.pymnts.com/in-depth/2014/will-wocket-wow-digital-payments/#.Uzw3dvldXC9
"Piquing our Geek: The Wocket Wallet could be the future of smart wallets"
CoolMomTech.com - I'm completely on the The best wearable tech bandwagon, but I'm definitely still skeptical about the whole smart wallet concept. That doesn't mean I've written it off completely, which why I'm very intrigued reading about the new Wocket Wallet.
Full Article: http://coolmomtech.com/2014/02/wocket-smart-wallet/ .
"The World of Wallets is About to Change"
The Housing Hour - The world of wallets is about to change. New exciting technologies are making payments easier than ever. However, many credit card holders either do not possess a smartphone or will be reluctant to use their smartphone for mobile payments due to a variety of reasons.
Full Article: http://www.thehousinghour.com/2014/02/
"Retailers Try to Keep Pace With Cybercriminals"
WSJ-Risk & Compliance Journal-Other companies are touting products they say are superior to--and less costly than–pin-and-chip technology. Biometrics company NXT-ID this month announced a checkout technology it said secures payment information before, during and after a transaction, and renders useless any credit card information a criminal may steal in a breach. Software development company Monkeetech last year announced a card fraud prevention system that requires the consumer to undergo an iris scan to prove their identity.
Full Article:
http://blogs.wsj.com/riskandcompliance/2014/01/28/retailers-try-to-keep-pace-with-cybercriminals/
"Coin vs.The Wocket A Battle for Your Bulging Wallet"
Americanlivewire.com - You may have heard something lately about something called Coin, thanks to an aggressive social media and deep intro discount pricing campaign currently underway. Perhaps you have heard of The Wocket, which claims to be a "biometrically secure device"? Both products are pure genius and aim to replace your bulging wallet with their single slick all-in-one card. Since they are so similar, here's a closer look and comparison of Coin vs.The Wocket, A Battle For Your Bulging Wallet.
Full article: http://americanlivewire.com/coin-vs-the-wocket/
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 led by the Wocket™, a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.   http://www.thewocket.com/
NXT-ID's 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/
Contacts:

NXT-ID, Inc.
Corporate info: info@nxt-id.com , http://www.nxt-id.com/
Published at Investorideas.com
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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.
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Friday, April 4, 2014

CEO of NXT-ID, Inc. To Discuss Wocket™, its Next Generation Smart Wallet ON Air; News Talk 980 at 2:15 PST (5:15 EST)

SHELTON, CT - April 4, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces Mr. Gino Pereira, Chief Executive Officer of NXT-ID, Inc., will be interviewed today on "As We See It with Phil Hulett and Friends" KFWB News Talk 980 Radio at 2:15 PST.
Investorideas.com Newswire
Gino will discuss its next generation smart wallet, Wocket ™, designed to replace all the cards in your wallet.
Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.
Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
Investorideas.com Newswire
Interested consumers can also sign up for product info and news alerts in anticipation of the product. http://www.thewocket.com/, http://www.wocketwallet.com/
"As We See It with Phil Hulett and Friends" airs Monday-Friday from 2:00pm - 3:00pm. KFWB News Talk 980
KFWB NEWS TALK 980 features some of America's top personalities and a full range of topical news, traffic, financial, sports and lifestyle programming.
http://kfwbam.com/schedule/
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 led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
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 Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Wednesday, April 2, 2014

Tech Gadget News Alert: NXT-ID (OTCQB:NXTD) Releases Consumer FAQ for Wocket™, its Next Generation Smart Wallet

SHELTON, CT - April 2, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing m-commerce market, releases the updated consumer FAQ for its next generation smart wallet, Wocket™, designed to replace all the cards in your wallet.

The FAQ is part of the consumer education of "Get to know Wocket™", prior to the announced marketing event in New York City on May 28th.
The Company is rolling out its consumer FAQ, new logo and brand images, new consumer video and new packaging to familiarize consumers prior to ordering its next generation smart wallet, Wocket™. The Company also plans to release commentary and feedback from some of the focus groups to give consumers first - hand responses from a user's perspective.
"Because we are posturing Wocket™ as the evolution of smart in wallets, it's important for consumers and media to be able to get the facts straight on Wocket™ and what differentiates it from its competitors like COIN and LOOP. We have many unique product features, with one of the key differences being that Wocket™ is functional separate from your smartphone," said Gino Pereira, CEO of NXT-ID, Inc.
FAQ Hi- lights :
"What is Wocket ™?
Wocket™ is a smart wallet. Like the smart phone and smart watch, NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices.
Investorideas.com Newswire
"What does Wocket™ do?
Wocket™ locks all of your private information in an electronic "vault", where only an authenticated owner can authorize access to the data. Thus, you can "lock it with Wocket™ in your pocket", protecting your private information from unauthorized access.
"What makes Wocket™ smart?
Wocket™ smart wallet protects all of your private information inside an electronic vault while reducing the number of cards in your wallet. Dynamic pairing for authentication and encrypted data transfer with other secondary devices along with a plethora of new, innovative features makes Wocket™ the smartest wallet ever devised.
"How is Wocket™ different from other smart card solutions?
Wocket™ is not a smart card - it is a smart wallet. Thus, it can communicate with smart cards, but is not limited in the number, type, or method of communication of private information that typically restricts the use of a smart card. Furthermore, Wocket™ is not dependent on proximity or any other external factors to secure and choose soft-cards containing private information.
"How is Wocket™ different from other digital wallet solutions?
Rather than replace a wallet as many "digital wallet" technologies attempt to do, we chose to improve the wallet. Unlike other digital wallet solutions that depend on connectivity to choose a payment account, Wocket™ does not depend upon the cloud to select or make a payment.
"Does Wocket™ require another device, such as a cell phone?
No. Although Wocket™ does not require any other peripheral for security or "proximity sensing", Wocket™ can authenticate with secondary devices prior to transaction as an additional step in security as well as utilize a Wocket™ app on other devices to select or manage a soft-card, all without revealing private information.
"How do I access my private information?
A combination of biometrics, personal PIN or pattern provides multi-factor security for your Wocket™. Once Wocket™ verifies your identity, you can simply select whatever soft-card or information you want from the touch screen display, or in some configurations, your voice command.
"How many cards can be securely stored on a Wocket™?
Up to 10,000 cards, records, coupons, etc. and up to 100 voice commands can also be stored on Wocket™. More can be supported with optional additional memory.
The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
Interested consumers can also sign up for product info and news alerts in anticipation of the product. http://www.thewocket.com/, http://www.wocketwallet.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 has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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 Inquiries:
Kirin Smith
ProActive Capital Group
ksmith@proactivecapital.com
Direct: 646 863 6519
Media: 800 665-0411
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, March 31, 2014

NXT-ID (OTCQB:NXTD) Tech News Alert: Witness the Evolution of Smart: Press Conference and Launch Event for Wocket(TM), a Next Generation Smart Wallet, to Be Held in New York City, May 28th: Pre-Ordering Available Following Event

SHELTON, CT - March 31, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing m-commerce market, announces the first corporate launch event and press conference for its next generation smart wallet, Wocket™, designed to replace all the cards in your wallet. The event will take place in New York City on May 28th.

The marketing event and press conference will give consumers and media a first-hand look at the Wocket™ Smart Wallet, the Wocket™ Card, its new logo and brand images, new consumer video and new packaging. Following the event, consumers will be able to pre-order Wocket™ online.
First consumer videos will be released online mid- April, prior to the event .The location and time for the press conference and launch to be held in New York will be announced shortly in upcoming marketing press releases.
Introducing Wocket™ will be Mr. Gino Pereira, Chief Executive Officer of NXT-ID, Inc., accompanied by David Tunnell, Chief Technology Officer and Advisory Board member, Mr. Lawrence Flanagan, the former Global Chief Marketing Officer of MasterCard. Mr. Flanagan 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.
In anticipation of the launch event and press conference, Mr. Pereira said, "Wocket™ is truly the evolution of smart devices for consumers that are concerned about security in the payment industry. I believe Wocket™ addresses security and convenience better than any of our competitors coming to market. There is growing demand and consumer interest for a product like this that protects privacy and prevents identity theft and there are a number of features that makes Wocket™ stand out from the crowd. Wocket™ is biometrically secure, so only you can access it with your own unique combination of voice, PIN or pattern; each time your card is used the information on your card is zeroed, so it is useless to someone else who tries to use it or steal it; Wocket™ can store up more than 10,000 cards so all the loyalty cards and gift cards that you have at home, and can never find when you need them, are now easily accessible. Most importantly Wocket™ is separate from your phone, so if your phone is stolen, lost or runs out of battery, you can still use Wocket™, with its full functionality, just as you would your wallet."
"At a time when smartphones are stolen and hacked daily, consumers are concerned about storing all their payment information and identity on their phone. Wocket™ will evolve as the payment industry evolves. Wocket™ is just the beginning of our MobileBio™ suite of products that include technologies for data encryption to further reduce credit card fraud similar to that recently experienced by Target and other retailers. Future versions of Wocket™ will include a wider range of communication technologies, such as 4G and NFC, protected by our proprietary encryption technologies "
He went on to say, "Our goal is to stay ahead of the curve by bringing consumers the smartest payment, authentication and identity security solutions possible. Ten years from now we want consumers to remember this launch and talk about the first generation Wocket™ they purchased. Wocket™ has the capability to change the way people make credit card transactions worldwide."
Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.
Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
The Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
Interested consumers can also sign up for product info and news alerts in anticipation of the product. http://www.thewocket.com/, http://www.wocketwallet.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 has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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
800 665-0411
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.