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Thursday, March 5, 2015

Biometric Stocks Update; Authentication systems is projected to grow at a CAGR of around 14% till 2020 Says New Report



Biometric Stocks Update; Authentication systems is projected to grow at a CAGR of around 14% till 2020 Says New Report

Point Roberts WA, NEW YORK, NY –March 5, 2015 - Investorideas.com, a global news source covering leading sectors including biometric and cyber security stocks updates its directory for investors following the sector as voice, facial and fingerprint biometrics continue to play a significant role in future technology including secure payments..

According to a report this week from Research and Markets, “The market for biometric authentication systems is projected to grow at a CAGR of around 14% till 2020.”

Biometrics Stock List Preview
AccelPath Inc (OTC:ACLP) through its subsidiaries develops and provides pathology diagnostics solutions. The company also offers design, research and development, integration, sales and support of three- dimensional imaging devices (3D) imaging devices and systems for diagnosis of diseases and other pathologic conditions in the healthcare industries; and intelligent surveillance devices and systems, and 3D facial recognition in the security industries. The company’s primary products for defense and security include 3D SketchArtist, a 3D composite sketch tool to transform ordinary two-dimensional sketches into mock-ups; 3D FaceCam that is used to create 3D face images at light speed; Portable MVR, a video recording device for use in outdoor environments; and OmniEye Wellcam, an ultra-light camera for use in detection of underground weapon caches, and search and rescue beneath building rubble field applications, as well as small tactical ubiquitous detection systems, which are motion-tracking, positioning, and imaging unattended ground sensors that permit long-range surveillance.
American Science and Engineering, Inc (NasdaqGS: ASEI) is a leading worldwide supplier of innovative X-ray inspection systems. With over 50 years of experience in developing advanced X-ray security systems, the Company's product line utilizes a combination of technologies, including patented Z Backscatter™ technology, Radioactive Threat Detection (RTD), high energy transmission and dual energy transmission X-ray. These technologies offer superior X-ray threat detection for plastic explosives, plastic weapons, liquid explosives, dirty bombs and nuclear devices. AS&E's complete range of products include cargo inspection systems for port and border security baggage screening systems for facility and aviation security, and personnel and passenger screening systems. AS&E® systems protect high-threat facilities and help combat terrorism, trade fraud, drug smuggling, weapon smuggling, illegal immigration, and people smuggling.
Analogic Corp (NASDAQGS: ALOG) provides leading-edge healthcare and security technology solutions to advance the practice of medicine and save lives. We are recognized around the world for advanced imaging systems and technology that enable computed tomography (CT), ultrasound, digital mammography, and magnetic resonance imaging (MRI), as well as automated threat detection for aviation security. Airport Security: Analogic applied its industry-leading CT technology to develop state-of-the-art security solutions for threat detection. These solutions include the TSA-certified examiner Family* eXaminer SX, eXaminer 3DX, eXaminer 3DX-ES, and eXaminer XLB) of automatic Explosives Detection Systems for checked-baggage applications and the Cobra systems for checkpoint applications. For over 40 years we've enabled customers to thrive, improving the health and enhancing the safety of people around the world. Analogic is headquartered just north of Boston, Massachusetts.
Apple Inc. (NasdaqGS:AAPL) designs Macs, the best personal computers in the world, along with OS X, iLife, iWork, and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple is reinventing the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices. BIOMETRICS: iPhone5S - Fingerprint identity sensor built into the Home button. Introducing Touch ID — a new fingerprint identity sensor. Put your finger on the Home button, and just like that your iPhone unlocks. It’s a convenient and highly secure way to access your phone. Your fingerprint can also approve purchases from the iTunes Store, the App Store, and the iBooks Store, so you don’t have to enter your password. And Touch ID is capable of 360-degree readability. Which means no matter what its orientation — portrait, landscape, or anything in between — your iPhone reads your fingerprint and knows who you are. And because Touch ID lets you enroll multiple fingerprints, it knows the people you trust, too.
Aware Inc (NasdaqGM:AWRE) is a leading provider of biometrics software products and development services to governments, system integrators, and solution providers globally. Our products include SDKs, software components, workstation applications, and a modular, centralized, service-oriented platform. They fulfill a broad range of functions critical to biometric authentication and search, including face, fingerprint, and iris autocapture, image quality assurance, data compliance, capture hardware peripheral abstraction, centralized data processing and workflow, subsystem connectivity, and biometric matching algorithms. The products are used to enable identity-centric security solutions with biometrics for applications including border management, credentialing and access control, intelligence and defense, and law enforcement.
BIO-key (OTC: BKYI) headquartered in Wall, New Jersey, develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. BIO-key's award winning, high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise applications. Our solutions are used in local embedded OEM products as well as some of the world's largest identification deployments to improve security, guarantee identity, and help reduce identity theft. BIO-key's technology is offered directly or by market leading partners around the world.
CACI International Inc. (NYSE:CACI) provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian clients. A member of the Fortune 1000 Largest Companies and the Russell 2000 Index, CACI provides dynamic careers for approximately 15,300 employees working in over 120 offices worldwide. Biometrics and Identity Soluitions
Ceelox, Inc. (OTC:CELO) is a developer and marketer of biometric security and email encryption software solutions for financial institutions, healthcare, government agencies, multiple vertical markets and businesses of all sizes.
Communication Intelligence Corp. (OTC:CICI) is a leading provider of digital transaction management (DTM) software enabling fully digital (paperless) business processes. CIC's solutions encompass a wide array of functionality and services, including electronic signatures, biometric authentication and simple-to-complex workflow management. These solutions are available across virtually all enterprise, desktop and mobile environments as a seamlessly integrated platform for both ad-hoc and fully automated transactions. CIC's platform can be deployed both on-premise and as a cloud-based service, with the ability to easily transition between deployment models. CIC is headquartered in Silicon Valley.
Fingerprint Cards AB (Stockholm:FING-B.ST; Frankfurt:FPQ.F; OTC:FGRPF) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC’s technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company’s technology can also be used in IT and Internet security, access control, etc.
Fujitsu (Tokyo: 6702.T) is primarily engaged in the information communication technology (ICT) business. The Technology Solution segment manufactures and sells products including various servers, storage systems, various types of software, network management systems and optical transport systems, as well as the provision of system integrations services, consulting services, front technology services, network services and system support services. The Ubiquitous Solution segment manufactures and sells personal computers, mobile phones, as well as audio navigational devices, mobile communication equipment and automobile electronic devices. The Device Solution segment manufactures and sells large scale integrations (LSIs), semiconductor packages, batteries, relays and connectors, optical transmitter and receiver modules. Biometric Security
Hawk Systems, Inc. (OTC:HWSY) through its subsidiaries, develops fingerprint authentication technology. Its technology would offer security, convenience, and ease of use in applications, such as automobile locks and theft-protection. The company offers Print Access Security System (PASS), an automotive security product. Its technology could also used for security in banking, healthcare, hotel/casino operations, employee time clock and attendance, stadium security, and sporting and gaming applications where identity management is required.
Hitachi (Tokyo:6501.T) brings a host of comprehensive security solutions, both information and physical security to ensure safety in everyday life. We employ cutting-edge technology to develop robust information and physical security systems, such as RFID, wireless LAN positing systems, biometric access systems, finger vein biometric system, trace detection systems, x-ray CT systems and x-ray DR systems. With our information and biometric security solutions, you can mitigate risks, achieve enhanced performance and ensure seamless business operation.
Holtek Semiconductor Inc (Taiwan:6202.TW) is a leading professional IC design house in Taiwan having its major business activities focused in the area of microcontroller and peripheral component design and marketing. Holtek’s product development strategy is firmly focused in the two areas of microcontroller and microcontroller peripheral devices. In this regard the company has developed and established its image as a professional MCU designer with the expanding MCU application area and service levels creating more room for new development. Presently the Holtek Semiconductor device range includes general purpose and specialised types of microcontrollers which in addition to being used in general purpose applications also see specialised uses in the speech, communication, computer peripheral household appliance, medical equipment, automotive and security etc. application areas. Additionally, Holtek supplies a range of power management devices and non-volatile memory peripheral devices, ensuring that customers are supplied with a functionally comprehensive set of device solutions. To maintain its continued business growth, Holtek, in addition to continuing to expand the range of products within its present device range, based on the semiconductor industry's superiority in its vertical division of labour, will further integrate its upper and lower related resources, and with its professional semiconductor design, wafer manufacturing and packaging experience, be able to provide customers with a total solution service, and improve overall efficiencies. Biometrics: Fingerprint recognition technology provides a secure and accurate means of biometric identification. This range of device from offers users a quick and easy implementation method or biometric fingerprint recognition. The integration of an optical fingerprint sensor, Holtek 32-bit ARM core microcontroller and fully programmed algorithm into a single module together combine to form complete fingerprint recognition module. A number of fingerprint images or templates are stored within the devices internal Flash Memory and therefore retain storage when power is removed. The storage capacity varies according to the module type selected. With easy commands such as learn, login and erase, this range of device offer a convenient and easy to use solution for users wishing to implement fingerprint biometric security into their products.
Honeywell International Inc (NYSE: HON) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. The company’s Biometrics include readers, cards and fingerprint readers.
ImageWare Systems, Inc. (OTC:IWSY) is a leading developer of mobile and cloud-based identity management solutions, providing biometric, secure credential and law enforcement technologies. Scalable for worldwide deployment, ImageWare's biometric product line includes a multi-biometric engine that is hardware and algorithm independent, enabling the enrollment and management of unlimited population sizes. ImageWare's identification products are used to manage and issue secure credentials, including national IDs, passports, driver's licenses, smart cards and access control credentials. ImageWare's digital booking products provide law enforcement with integrated mug shot, fingerprint livescan and investigative capabilities. ImageWare is headquartered in San Diego, CA, with offices in Portland, OR, Washington, D.C., and Ottawa, Ontario.
Ingenico (Paris:ING.PA) provides a range of secure transaction solutions, including hardware, software and services, for payments at points of sale, over the Internet, or by mobile telephone. The Company offers: payment terminals and software; terminal estate management, including security application updates; payment applications (local, international, debit and credit); connectivity; routing; centralization of transactions (Axis); end-to-end security, from terminal to bank or processor; and value-added services, including prepaid mobile phone transfers and top-ups, loyalty card processing, private-label card management and other services including dynamic currency conversion. Biometrics
Ingersoll-Rand Co. Ltd. (NYSE:IR) sets the standard for security technologies. Our innovative security solutions ranges from wireless security products, biometrics and closed-circuit television to high-security mechanical locking systems. With more than 100 years of experience in security technologies, we stand behind every one of our product solutions. It is this commitment to design, performance, technology and service that ensures you can stand behind our products too.
iWallet Corporation (OTC: IWAL) Headquartered in San Diego, California, iWallet is a secure, luxury techcessories company, focused on its robust patent and trademark portfolio in the growing biometric market and combining the latest security features with luxury appointments. iWallet is licensed by Apple Inc. as an official Accessory Developer.
Liska Biometry (OTC: LSKA) provides fingerprint biometric solutions that enable individual authentication, precise identification searches, and cross-platform data interoperability in the United States and internationally. Its identification (ID) management solutions include BIN 1.0 descriptor authentication software, BIN 1.0 descriptor enrollment software, and BIN 1.0 database management software. These solutions provide a biometric identifier number that could be embedded in credit cards and driver's licenses, as well as travel documents, such as visas and passports, and a host of other personal identification credentials. The company also offers ID card design software, printer hardware, camera hardware, and software to support its solutions. Its customers include various government and law enforcement agencies, regional and state education systems, and corporations. Liska Biometry is headquartered in Dover, New Hampshire.
LRAD Corporation (NasdaqCM:LRAD) is using long range communication to peacefully resolve uncertain situations peacefully and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are in service around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement, emergency responders, emergency warning and mass notification, asset protection, and wildlife preservation and control.
NAPCO Security Systems, Inc. (NASDAQGS:NSSC) is one of the world's leading manufacturers and solutions providers of high-technology electronic security, connected home, video, fire alarm, access control and door locking systems. The Company consists of four Divisions: NAPCO, its security and connected home segment, plus three wholly-owned subsidiaries: Alarm Lock, Continental Instruments, and Marks USA. Headquartered in Amityville, New York, its products are installed by tens of thousands of security professionals worldwide in commercial, industrial, institutional, residential and government applications. NAPCO products have earned a reputation for innovation, technical excellence and reliability, positioning the Company for growth in the multi-billion dollar and rapidly expanding electronic security market. Biometrics: Gemini BioReader
NEC Corp. (Tokyo:6701.T) is a leading provider of systems, components, services and integrated solutions for computing and communications applications. We are focused mainly on providing reliable solutions to meet complex customer requirements. Airport – Border/Port Security: Facial Recogniton, Hydrid-Finger Recognition, Biometrics and Portable DNA Analyzer
Nemex Resources Ltd  (ASX:NXR.AX) boasts a diversified asset portfolio comprising interests in both the minerals and technology sectors. Nemex has a 30% interest in Australian-based biometric technology developer Wavefront Biometric Technologies (WBT) and has the right to increase this to a 51% interest. WBT is in the process of developing and commercialising a unique identity authentication technology. The technology authenticates a person’s identity based on the pattern of light reflected back from the tear film on the corneal surface of the eye. The technology has potential applications across numerous sectors around the world, including banking, healthcare, military, aviation and border control.
Next10 Inc. (OTC:NXTN) engages in the development, manufacture, and sale of security systems for the cargo transportation industry primarily in the United States and Canada. The company offers Bulldog Online Security Systems (BOSS), which is designed to prevent cargo theft from cargo containers, tractor-trailers, cargo vans, tanker trucks, storage year containers, and other cargo transportation and storage equipment. Its products alert onsite security personnel in the event of theft or tampering; alert the driver in the event someone attempts to access the cargo; and monitors multiple roll-up and sliding doors, prevents unauthorized entry and intrusion, and alert the driver through a mobile receiver a thief attempt to enter, move, or remove items from the delivery vehicle. The company’s BOSS line of products primarily include The Yard BOSS, The Road BOSS, The Tanker BOSS, Bulldogs BOSS Tracker, and Mini BOSS System. It offers its products to retail, pharmaceutical, high technology, and government markets.
Northrop Grumman Corporation (NYSE: NOC) is a leading global security company providing innovative systems, products and solutions in unmanned systems, cybersecurity, C4ISR, and logistics and modernization to government and commercial customers worldwide. Biometrics Border security
Nuance Communications, Inc. (NasdaqGS:NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance’s proven applications. Voice Biometrics
Nuvoton Technology Corporation (Taiwan:4919.TW) is principally engaged in the design, manufacture and distribution of logic integrated circuit (IC) products. The Company provides ordinary ICs, including micro controllers (MCUs), which are applied in touch panels, residential security, air conditioning, motor control, medical electronics, instruments, universal serial bus (USB) devices, wireless audio transmission, information electronics, industrial electronics and automobile electronics, among others; audio ICs, which are applied in toys, automobile audio products, medical products and industrial broadcasting devices, as well as computer ICs, which are applied in embedded controllers, super input/output (I/O) chips, keyboard control (KBC) chips and power management chips. The Company also involves in wafer foundry services, which offers logic, mixed mode, flat cell, flash and high voltage wafer processes. The Company distributes its products in domestic and overseas markets. BIOMETRICS: The N329 series integrates the necessary functions Fingerprint Identification requires such as CMOS sensor interface, Ethernet MAC, HS USB, 2 UARTs and LCD interface. The N329 series features high performance and low cost 32-bit ARM® ARM9EJ-S core running up to 200 MHz ~ 300 MHz, and 8 MB ~ 64 MB DDR memory that can help the user to easily pass EMI and EMC verification in 2~4 layers PCB. All the functions for the Fingerprint Identification are integrated in one chip to save BOM cost. Based on the above features, the N329 series is a cost-effective solution for Fingerprint Identification applications.
NXT-ID, Inc. (NasdaqCM: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 Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/
NXT-ID’ 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/

See the complete list of biometric stocks at: http://www.investorideas.com/BPS/Stock_List.asp

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Monday, March 2, 2015

NXT-ID, Inc. (Nasdaq:NXTD; NXTDW) Media Alert; IWCE’s Urgent Communications and Australia’s Sam Volkering’s Tech Insider Report on NXTD’s Payment Solutions

NXT-ID, Inc. (Nasdaq:NXTD; NXTDW) Media Alert;
IWCE’s Urgent Communications and Australia’s Sam Volkering’s Tech Insider Report on NXTD’s Payment Solutions

OXFORD, CT – March 2, 2015 (Investorideas.com Newswire) NXT-ID, Inc.’s (NASDAQ: NXTD) reports recent media coverage for the Company’s voice recognition system for payment solutions and its biometric smart wallet, the Wocket™.

NXT-ID, Inc. released news last week on the Company’s latest patent for “DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM.”

Media Coverage:
Urgent Communications
By Donny Jackson
NXT-ID seeks patent for voice-authentication technology for making payments, other potential uses
Authentication-solutions provider NXT-ID announces that it has filed a provisional patent for a system that leverages voice-recognition technology to ensure a secure and convenient method for making payments. The same approach can be used to authenticate secure user access to networks and databases, according to a company official. Under the NXT-ID approach, a user can access a payment account - a bank account or a credit card - via a voice command specific to that account, according to David Tunnell, NXT-ID’s chief technology officer. The approach provides two-factor authentication, because the system recognizes both the password and the speaker’ voice, he said. NXT-ID plans to integrate this technology into its Wocket smart wallet, which is in production and is expected to be commercially available in the spring, Tunnell said.

Sam Volkering’s Tech Insider
By Sam Volkering
And so it Begins. The Payment Systems War of 2015
Last week my sister in law lost her phone. She had the phone in one of those cases where you can keep your cards too, which she also lost — credit and debit cards. So they cancelled all her cards. Anyone would do the same thing in the same situation. Here’s where things get frustrating. She found her phone the next day. So she got the phone back and all the cards. But all the cards were already cancelled. This is a frustrating situation because it will take at least a week, maybe more, to get new cards. There’s one problem with this situation. And it’s not what you think. The only reason for this inconvenience isn’t the misplacing of the phone and cards. It’s that cards are inherently insecure. Let’s imagine someone had stolen the phone and wallet. The phone would be useless as it was pin locked and any banking app was two-factor authentication secure. The cards, on the other hand, would be a free for all. Considering both have PayPass on them, a simple tap of the card would mean a shopping spree for the thieves. Or even a swipe and sign of the credit card and its happy days for the crafty crooks. But all this could be averted with biometric payments. Biometric Payments set to rule the game. I got a Wocket in my pocket and it’ll only listen to me. Wocket is a “smart wallet”. It operates on a similar principle to Apple Pay, but with one key difference. Wocket does still have a card, but like Apple Pay, the fundamental security relies on biometrics. For example, you can load all your cards into the Wocket. Debit, credit, store and loyalty cards. To unlock Wocket you can use a pin code and voice recognition. On the Wocket you then select the card you want to use. You take the specially designed card out of the Wocket and use it as normal. That means you can also use it in an ATM to withdraw cash from your account. That’s a big plus over any other system right now. In terms of security, the card is useless without your biometrics. And after every use, the card wipes itself clean and becomes useless until the next time you select a card. Wocket also doesn’t rely on your smartphone. It’s 100% independent from any “smart” device. That’s a win, particularly with the inherent vulnerability of mobile devices. Wocket isn’t yet compatible with Chip & Pin tech. But a representative from Wocket said they might incorporate it in future generations. I like the idea of Wocket. Particularly as a stopgap between full acceptance of mobile payment systems and where we are now.

Wocket is a smart wallet designed to protect your identity and 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.

All your credit, debit, loyalty, gift, ID, membership, insurance, tickets, medical information, passwords, coupons, and virtually any other card can be protected on Wocket.

See the Wocket FAQ at http://www.wocketwallet.com.

About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW): 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 led by Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID' 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/


Contact:
Corporate info: info@nxt-id.com

Investors:

Media:
D. Van Zant
800 665-0411

This Media alert was 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: As of January 1, 2015 NXT-Id renewed for five thousand per month and long 144 shares for media and PR services and news publication. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.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, February 25, 2015

NXT-ID, Inc. (Nasdaq: NXTD; NXTDW) Media Alert for Recent Patent News; DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM

NXT-ID, Inc. (Nasdaq: NXTD; NXTDW) Media Alert for Recent Patent News; DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM

OXFORD, CT – February 25, 2015 (Investorideas.com Newswire) Investorideas.com reports on recent media coverage for featured tech stock, NXT-ID, Inc (NASDAQ: NXTD) and its recent news on the Company’s latest patent for “DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM.”

About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW): 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 led by Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID' 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/


Media Coverage:

Excerpt:
CTPost.com/Connecticut Post
Patent filed for voice-directed payment system
Oxford-based NXT-ID, which sells the Wocket smart wallet, has filed a provisional patent for a voice-directed payment system. NXT-ID is a biometric authentication company focused on the mobile commerce market. With this patent, the company is introducing a new payment method where accounts can be selected via voice recognition and the payment account may be accessed only if the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized. NXT-ID's Wocket was recognized as one of the top technology products at the 2015 Consumer Electronics Show by multiple outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with the owner's biometric stamp of approval.

Excerpt:
iDigitalTimes.com
By Sanna Chu
Credit Card Voice Activation Coming Soon Thanks To Smart Wallet Maker
Smart credit cards that you control through voice commands may soon be a thing thanks to Wocket smart wallet maker, NXT-ID. The voice activation makes it easier to pull up one of up to 10,000 cards that might be stored on your Wocket smart wallet but it also provides an additional layer of security. The Wocket smart wallet can store digital version of up to 10,000 of your cards. You can swipe all your stripe cards like credit cards into the Wocket, scan in barcode cards or manually enter textual information. So instead of carrying all these physical cards, your smart wallet houses a digital version of the cards that can be accessed via the Wocket’s touchscreen. When it comes to paying, you can tap the wallet on POS systems that support NFC technology or you can load the card information onto the accompanying Wocket card to physically swipe a card. Therefore, Wocket smart wallet system will work anywhere credit cards or mobile tap to pay are accepted. With the new voice activation system, instead of pulling up the card you want through the touchscreen, you can just say the card you want out loud. Fortunately, you can name your cards so instead of shouting Mastercard account ending in 1234, so you can say Ice cream sundae account or grocery card instead of Black Amex Card. Unlike other smart cards or wallets, the Wocket can work on its own without an accompanying app or Internet connection. But there are also accompanying smartphone and desktop apps, so voice control and verification can also work across different devices.

Excerpt:
UberGizmo
By Edwin Kee
NXT-ID Patents Voice Directed Payment
Just in case you have not heard of NXT-ID, Inc. before, they are a biometric authentication company that is focused on the growing mobile commerce market. Well, it is interesting to note that the company has just filed a provisional patent 62114357 for DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM. This particular patent would see the introduction of a new groundbreaking payment method. You will be able to select payment accounts using voice recognition, while the payment account may be accessed only if the speech (the word associated with the payment account) and the speaker (a biometric) - both of them, are recognized. Similar to many of NXT-ID’s patents, this particular technology will play nice with existing Point-of-Sale (POS) technologies such as NFC and Magnetic Stripe.

Excerpt:
Planet Biometrics
NXT-ID patents voice-driven payments solution
Biometric security firm Nxt-ID, which develops the Wocket digital wallet, has filed a patent for a voice directed payment solution that the firm says will offer a convenient and secure biometric option for making purchases. Under NXT-ID’s new system, payment accounts stored on a mobile wallet or device can be selected via voice recognition and the payment account only be accessed if both the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized. Payment is then directed to an appropriate interface, such as Magnetic Stripe Emulation (MSE), Near Field Communication (NFC), or other interface to perform the payment with the selected account. Earlier this month, the firm patented a solution that created the ability for multiple devices to collaborate with one another to improve various services such as personal authentication. NXT-ID’s Wocket works on existing payment terminals. The device is the size of a small calculator and can store data on up to 10,000 debit, credit and loyalty cards. Wocket can also communicate with phones or tablets using an app.


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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: As of January 1, 2015 NXT-Id renewed for five thousand per month and long 144 shares for media and PR services and news publication. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
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Monday, February 23, 2015

NXT-ID (Nasdaq:NXTD; NXTDW) Patents Voice Directed Payments

Breaking Tech News: NXT-ID (Nasdaq:NXTD; NXTDW) Patents Voice Directed Payments

OXFORD, CT - February 23, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today that it has filed provisional patent 62114357 for
DISTRIBUTED VOICE DIRECTED PAYMENT METHOD AND SYSTEM.

With this patent, NXT-ID introduces a new groundbreaking payment method. Payment accounts may be selected via voice recognition and the payment account may only be accessed if both the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized. Once recognized, payment is directed to an appropriate interface, such as Magnetic Stripe Emulation (MSE), Near Field Communication (NFC), or other interface to perform the payment with the selected account. The patent also introduces the concept of "voice cards", which are alias names given by a user to describe specific private information such as credit and debit cards, further enhancing security as well as convenience.

"We are very excited to offer this new convenient and secure method to make payments", says David Tunnell, Chief Technology Officer of NXT-ID. "We've all been there – Waiting in line as we fumble through our wallets to fine the right card or information. With this invention, we not only secure your data by recognizing you are who you say you are from your voice, but we also provide an extremely convenient way for you to select how you wish to pay."

Like most of NXT-ID's patents, this technology works with current Point-of-Sale (POS) technologies such as NFC and Magnetic Stripe, but also can enhance the existing POS with added security as well as provide a path for more convenient and more secure future payment technologies.

"Convenience to access your private data is just as important as securing your private data", adds David. "With this invention, you may simply ask for a specific payment account and the account is programmed to an appropriate emulator that emulates the account selected. To make it even more convenient, the voice may be recognized and emulated on the same device, such as a cell phone or our Wocket smart wallet, or recognized on one device and directed to another device such as a watch or a reprogrammable smart card like our WocketCard to then make the payment. In addition, the ability to name your account further protects your information since no one knows which card you are choosing. For instance, no private information is revealed if you say "grocery card" or "gas card number 3". You know the account you are choosing, but no one else does."


About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW): 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 led by Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID' 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.

Contacts:
Corporate info: info@nxt-id.com


Media:
D. Van Zant
+1-800-665-0411
press@nxt-id.com

Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

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: As of January 1, 2015 NXT-Id renewed for five thousand per month and long 144 shares for media and PR services and news publication. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.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.

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