#AI News: Artificial Intelligence Company Breaking Data (TSXV: $BKD.V) (OTC: $BKDCD) Sees GIVEMESPORT's Facebook ($FB) Video Plays Accelerate by 207%

#AI News: Artificial Intelligence Company Breaking Data (TSXV: $BKD.V) (OTC: $BKDCD) Sees GIVEMESPORT's Facebook ($FB) Video Plays Accelerate by 207%

TORONTO, ONTARIO and LONDON, UNITED KINGDOM - May 4, 2017 (Investorideas.com Newswire) Breaking Data Corp. (TSX VENTURE:BKD) (OTC PINK:BKDCD) ("Breaking Data" or the "Company") is pleased to announce that its recent acquisition GIVEMESPORT has seen its Facebook video plays go from 239 million in its first quarter working with Facebook video, (2016 - Apr/May/Jun) rising to over 734 million Facebook video plays last quarter, (2017 - Jan/Feb/Mar) with no material increase in associated costs.

Over the last 12 months there has been a strong 207% quarterly increase, with quarter-on-quarter growth that is a continuing trend.

Read this release in full at http://www.investorideas.com/CO/BKD/news/2017/05042GIVEMESPORT.asp

Combined Facebook Video plays by Quarter

2016

April-May-Jun - 239,222,218 
July-Aug-Sept - 381,033,707 
Oct-Nov-Dec - 575,343,368

2017

Jan-Feb-Mar - 734,180,984

Yesterday, Facebook CFO David Wehner expressed confidence in the ramp up of new money-making businesses during an interview with Business Insider after the Q1 results on Wednesday. Wehner cited the Facebook-owned Instagram app, as well as the video ad format, as Facebook's main growth drivers going forward.

Wehner continued by saying the main drivers for revenue growth going forward will be Instagram and video ads, although Facebook's midroll video ads are still in their "earlier days" of testing.

Nick Thain CEO of Breaking Data said "Facebook Video is a core part of our social media strategy, not only with video in the newsfeed by also Facebook Live, as Facebook continue to test and roll out the midroll video we are excited to work with them and see the results it brings to our revenue lines on a global scale."

"The growth in our Facebook video plays is one that we see continuing to grow quarter by quarter as we refine our approach and look to increase the quantity and quality of our video content output" added Mr. Thain.

Notes to editor

Facebook Video plays are recorded and tracked by Facebook Analytics and are defined as - the Total number of times videos has been viewed for more than 3 seconds. (Total Count)

Source for Facebook quotes: http://uk.businessinsider.com/facebook-q1-earnings-2017-5

About Breaking Data Corp.: http://www.breakingdatacorp.com/

Breaking Data Corp. is a technology provider of a range of Artificial Intelligence services including; semantic search, machine learning and natural language processing ("NLP"). The Company's technology platform has many practical applications, in multiple business and consumer verticals that are immersed in massive media and data rich settings. The Company's showcase app, BreakingSports, utilizes semantic machine learning and NLP to track social media in a fully automated, real-time manner for significant sports information and events and distributes summarized information through real-time push notifications to consumers.

About GIVEMESPORT: http://www.givemesport.com/

GIVEMESPORT, Breaking Data's recent acquisition, is a leading next generation sports media company with the largest single publisher Facebook page in the world, with over 26 million fans. The next largest single sports publisher Facebook page is ESPN with 15.2 million fans. GIVEMESPORT's content generates over 3.6 billion impressions (Feb-17), reaching over 138 million unique users (Feb-17) per month on Facebook alone. Visit GIVEMESPORT's Facebook page at https://www.facebook.com/GiveMeSport/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-looking Statements - Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to factors referenced in the Company's other continuous disclosure filings, which are available at sedar.com. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

Breaking Data Corp.
David Berman
CFO
(905) 761-9200, Ext. 21
davidb@breakingdatacorp.com
http://www.breakingdatacorp.com/

Visit this company:  www.breakingdatacorp.com

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Additional info regarding BC Residents and global Investors: 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.

#ArtificialIntelligence (AI) Fueling Serious Competitive Advantages for Sports Media & Social Media Publishers

#ArtificialIntelligence (AI) Fueling Serious Competitive Advantages for Sports Media & Social Media Publishers

Breaking Data Corp. (TSX-V:  $BKD.V)(OTC: $BKDCD), Twitter, Inc. (NYSE:  $TWTR), Facebook, Inc. (NASDAQ:  $FB), Snap Inc. (NYSE:  $SNAP) and IAC/InterActiveCorp (NASDAQ:  $IAC)

Palm Beach, FL – (May 4, 2017) -- MarketNewsUpdates.com- As more consumers become dependent on digital and social media methods for finding the most current sports news and information, companies are turning towards automated learning applications to run across social media networks and online digital media platforms to quickly identify marketing activities and consumer behaviors.  Social Media and News Media Companies in the markets include: Breaking Data Corp. (TSX-V: BKD.V)(OTC:BKDCD), Twitter, Inc. (NYSE: TWTR), Facebook, Inc. (NASDAQ: FB), Snap Inc. (NYSE: SNAP) and IAC/InterActiveCorp (NASDAQ: IAC). 

Read this news in full at http://www.investorideas.com/CO/BKD/news/2017/05041SportsSocialMedia.asp

Breaking Data Corp. (TSX-V: BKD)(OTC:BKDCD) recently announced that its GIVEMESPORT web property is experiencing significant traction and growth in a number of key metrics through the first calendar quarter of 2017.  GiveMeSport, Breaking Data's recent acquisition, is a leading next generation sports media company with the largest single publisher Facebook page in the world, with over 25.9 million fans. The next largest single sports publisher Facebook page is ESPN with 15.2 fans. GiveMeSport's content generates over 3.6 billion impressions (Feb-17), reaching over 138 million unique users (Feb-17) per month on Facebook alone.  Read this and more news for Breaking News Data Corp at: http://www.marketnewsupdates.com/news/bkd.html 

Monthly website visits to Givemesport.com for calendar Q1 2017 compared to calendar Q1 2016 are up by an impressive 72%; from 68,267,136 combined monthly visits for Q1 in 2016 with a monthly average 22,755,712 to 118,092,189 combined monthly visits with a monthly average of 39,364,064 for Q1 in 2017. 

"In a traditionally slow quarter for most digital publishers Breaking Data Corp's recent acquisition GiveMeSport has made significant strides and increased its website audience and usage as shown by these key, beneficial metrics," said Nick Thain, CEO. "We are making great gains with our content and engagement strategies." 

"We anticipate this growth will translate into greater revenue streams through fiscal 2018 as we deploy our programmatic advertising strategy together with industry leading advertisers and the best and biggest sports leagues in the world," added Mr. Thain. 

Breaking Data Corp. also announced this week that is has now finalized its new independent Director appointees with key industry veteran leadership and experience for providing strong industry background and experience set to support the Company's corporate strategy.  Most notably - Greg D'Alba: Mr. D'Alba who is currently the Co- founder & CEO of VIDL NEWS LLC, a start-up artificial intelligence news venture focused on real-time personalized news intelligence and reporting. Previously he served as President of Global Partnerships at WME - IMG, a global leader in sports, events, media and fashion, operating in more than 30 countries (img.com). In his leadership role, D'Alba oversaw all brand partnerships and managed the company's global sales and marketing strategies. Prior to joining WME - IMG in 2014, Mr. D'Alba was the President and Chief Operating Officer of CNN, overseeing all ad sales, marketing, and business operations for the CNN portfolio of networks worldwide. 

In other industry news and developments: 

Twitter, Inc. (NYSE: TWTR), the first place to see what's happening, unveiled a robust slate of new premium live streaming content deals across sports, news and entertainment recent at its first-ever Digital Content NewFronts presentation. A dozen new collaborations were announced, bringing hundreds of hours of new exclusive live original programming, live games and events, live syndications, extensions of existing live deals and new always-on live streaming premium content to the platform. 

Facebook, Inc. (NASDAQ: FB) after the close yesterday reported financial results for the quarter ended March 31, 2017.  "We had a good start to 2017," said Mark Zuckerberg, Facebook founder and CEO. "We're continuing to build tools to support a strong global community."  Read the full report at:  https://finance.yahoo.com/news/facebook-reports-first-quarter-2017-201100628.html 

And Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss first quarter 2017 financial results on next Wednesday, May 10, 2017 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). A live webcast will be accessible at investor.snap.com. A recording of the webcast will also be available following the conference call.

Investopedia is wholly owned by IAC/InterActiveCorp (NASDAQ: IAC) and operated by IAC Publishing, announced major improvements in audience engagement and direct traffic through its partnership with Sailthru, the leading cross-channel experience management platform for the world's top retail and media companies. The improvements include a 114 percent increase in pageviews from email newsletters and alerts, and an 81 percent increase in site sessions driven by email, year over year.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated six thousand nine hundred dollars for news coverage of the current and near future coverage of Breaking Data Corp. by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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Contact Information:

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SOURCE MarketNewsUpdates.com

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure : Breaking Data Corp is a paid PR, news and social media client on Investorideas.com effective May 2, 2017 (one month ten thousand per month)

Additional info regarding BC Residents and global Investors: 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.

#AI/Sports/Media News: Breaking Data (TSX: $BKD.V; OTC: $BKDCD) Announces Independent Directors

#AI/Sports/Media News: Breaking Data (TSX: $BKD.V; OTC: $BKDCD) Announces Independent Directors

Greg D'Alba former President and Chief Operating Officer of #CNN; Matt Elek currently CEO for #Vice in Europe, the Middle East and Africa

TORONTO, ONTARIO and LONDON, UNITED KINGDOM - May 3, 2017 (Investorideas.com Newswire) #AI/Sports/Media News: Breaking Data Corp. (TSX VENTURE:BKD) (OTC PINK:BKDCD) (the "Company" or "BKD") reports that is has now finalized its new independent Director appointees with key industry veteran leadership and experience.

"We are extremely privileged to have this group of experienced and successful directors join our board," said Nick Thain, CEO. "These executives not only bring a vast network of knowledge but also have deep ties in many sports related businesses across the globe, that cross into our key markets. They will, no doubt, be valuable to our strategic and business progress."

Read this release in full at http://www.investorideas.com/news/2017/artificial-intelligence/05031BreakingData.asp

The new team of independent directors includes:

Greg D'Alba: Mr. D'Alba is currently the Co- founder & CEO of VIDL NEWS LLC, a start-up artificial intelligence news venture focused on real-time personalized news intelligence and reporting. Previously he served as President of Global Partnerships at WME - IMG, a global leader in sports, events, media and fashion, operating in more than 30 countries (img.com). In his leadership role, D'Alba oversaw all brand partnerships and managed the company's global sales and marketing strategies. Prior to joining WME - IMG in 2014, Mr. D'Alba was the President and Chief Operating Officer of CNN, overseeing all ad sales, marketing, and business operations for the CNN portfolio of networks worldwide.

Matt Elek: Mr. Elek is currently the CEO for Vice in Europe, the Middle East and Africa. As head of Vice's business in EMEA, Matt oversees a network of 40+ companies spread across 60+ territories with over 1000 full time regional staff, multiple media streams and hundreds of millions in turnover. Vice's regional footprint includes a robust digital business, an extensive television footprint, print, agency services and other media offerings in 12 languages, reaching hundreds of millions of consumers each month.

Ben Nicholas: Mr. Nicholas is head of UK Media and Global Digital Sales for IMG Media. In this role, he combines rights acquisitions, sales and client and broadcast relationships in the UK market along with devising and implementing IMG Media's overall content strategy in the digital space on a global basis. In his role within the UK, Ben oversees all media rights related commercial activities concerning major clients such as the Rugby World Cup, Scottish FA US Open tennis, Tennis Masters Series, European Tour, R&A, Moto GP, Diamond League Athletics, and the NHL. His main business focus is the sale of rights for the above clients in the UK market and their ongoing representation around the globe.

Roger Mitchell: Mr. Mitchell is a chartered accountant and investment banker. He has worked with PWC and James Capel and held senior finance roles with WPP and EMI. He has 20 years of experience in sports and was the founding Chief Executive of the Scottish Premier League and a member of UEFA's Professional Football Committee. He continues to assist clubs and federations as an advisor.

Roger Rai: Mr. Rai is the Managing Director of E.S. Rogers Enterprises. In his capacity as Managing Director, Roger advises Edward Rogers, the representative controlling shareholder of Rogers Communications, on business development, revenue development, talent development and sports. Roger is also the President of R3 Concepts Inc., a company that acts as a basis for investments he makes and consulting services he provides. Prior to which, Roger was the Vice President, Business Development, Keek Inc. (TSX VENTURE:KEK). In his role at Keek, he oversaw and advised on many corporate issues which range from operational to board/corporate governance affairs. He is currently an advisor to Chobani, Inc., a retail food services company, and is the founder and on the board of the ONEXONE foundation, a charitable organization focused on global child welfare.

About Breaking Data Corp.: http://www.breakingdatacorp.com/

Breaking Data Corp. is a technology provider of semantic search, machine learning and natural language processing ("NLP"). The Company's technology platform has many practical applications, in multiple business and consumer verticals that are immersed in massive media and data rich settings. The Company's showcase app, BreakingSports, utilizes semantic machine learning and NLP to track social media in a fully automated, real-time manner for significant sports information and events and distributes summarized information through real-time push notifications to consumers. Find out more at breakingdatacorp.com.

About GiveMeSport: http://www.givemesport.com/

GiveMeSport, Breaking Data's recent acquisition, is a leading next generation sports media company with the largest single publisher Facebook page in the world, with over 25.9 million fans. The next largest single sports publisher Facebook page is ESPN with 15.2 fans. GiveMeSport's content generates over 3.6 billion impressions (Feb-17), reaching over 138 million unique users (Feb-17) per month on Facebook alone.  https://www.facebook.com/GiveMeSport/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-looking Statements - Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to factors referenced in the Company's other continuous disclosure filings, which are available at sedar.com. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure : Breaking Data Corp is a paid PR, news and social media client on Investorideas.com effective May 2, 2017 ( one month ten thousand per month  ) 

Additional info regarding BC Residents and global Investors: 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.

#AI News: Breaking Data's (TSX VENTURE: $BKD) (OTC PINK: $BKDCD) Independent Directors Provide Strong Industry Background and Experience to Support Corporate Strategy

#AI News: Breaking Data's (TSX VENTURE: $BKD) (OTC PINK: $BKDCD) Independent Directors Provide Strong Industry Background and Experience to Support Corporate Strategy

Greg D'Alba - Co-founder & CEO of VIDL NEWS LLC, a start-up artificial intelligence news venture focused on real-time personalized news intelligence and reporting

TORONTO, ONTARIO and LONDON, UNITED KINGDOM--( May 2, 2017) Investorideas.com Newswire - Breaking Data Corp. (TSX VENTURE:BKD) (OTC PINK:BKDCD) (the "Company" or "BKD") is pleased to announce that is has now finalized its new independent Director appointees with key industry veteran leadership and experience.

"We are extremely privileged to have this group of experienced and successful directors join our board," said Nick Thain, CEO. "These executives not only bring a vast network of knowledge but also have deep ties in many sports related businesses across the globe, that cross into our key markets. They will, no doubt, be valuable to our strategic and business progress."

Read this release in full at http://www.investorideas.com/news/2017/artificial-intelligence/05021BKD.asp

The new team of independent directors includes:

Greg D'Alba: Mr. D'Alba is currently the Co- founder & CEO of VIDL NEWS LLC, a start-up artificial intelligence news venture focused on real-time personalized news intelligence and reporting. Previously he served as President of Global Partnerships at WME - IMG, a global leader in sports, events, media and fashion, operating in more than 30 countries (img.com). In his leadership role, D'Alba oversaw all brand partnerships and managed the company's global sales and marketing strategies. Prior to joining WME - IMG in 2014, Mr. D'Alba was the President and Chief Operating Officer of CNN, overseeing all ad sales, marketing, and business operations for the CNN portfolio of networks worldwide.

Matt Elek: Mr. Elek is currently the CEO for Vice in Europe, the Middle East and Africa. As head of Vice's business in EMEA, Matt oversees a network of 40+ companies spread across 60+ territories with over 1000 full time regional staff, multiple media streams and hundreds of millions in turnover. Vice's regional footprint includes a robust digital business, an extensive television footprint, print, agency services and other media offerings in 12 languages, reaching hundreds of millions of consumers each month.

Ben Nicholas: Mr. Nicholas is head of UK Media and Global Digital Sales for IMG Media. In this role, he combines rights acquisitions, sales and client and broadcast relationships in the UK market along with devising and implementing IMG Media's overall content strategy in the digital space on a global basis. In his role within the UK, Ben oversees all media rights related commercial activities concerning major clients such as the Rugby World Cup, Scottish FA US Open tennis, Tennis Masters Series, European Tour, R&A, Moto GP, Diamond League Athletics, and the NHL. His main business focus is the sale of rights for the above clients in the UK market and their ongoing representation around the globe.

Roger Mitchell: Mr. Mitchell is a chartered accountant and investment banker. He has worked with PWC and James Capel and held senior finance roles with WPP and EMI. He has 20 years of experience in sports and was the founding Chief Executive of the Scottish Premier League and a member of UEFA's Professional Football Committee. He continues to assist clubs and federations as an advisor.

Roger Rai: Mr. Rai is the Managing Director of E.S. Rogers Enterprises. In his capacity as Managing Director, Roger advises Edward Rogers, the representative controlling shareholder of Rogers Communications, on business development, revenue development, talent development and sports. Roger is also the President of R3 Concepts Inc., a company that acts as a basis for investments he makes and consulting services he provides. Prior to which, Roger was the Vice President, Business Development, Keek Inc. (TSX VENTURE:KEK). In his role at Keek, he oversaw and advised on many corporate issues which range from operational to board/corporate governance affairs. He is currently an advisor to Chobani, Inc., a retail food services company, and is the founder and on the board of the ONEXONE foundation, a charitable organization focused on global child welfare.

About Breaking Data Corp.: http://www.breakingdatacorp.com/

Breaking Data Corp. is a technology provider of semantic search, machine learning and natural language processing ("NLP"). The Company's technology platform has many practical applications, in multiple business and consumer verticals that are immersed in massive media and data rich settings. The Company's showcase app, BreakingSports, utilizes semantic machine learning and NLP to track social media in a fully automated, real-time manner for significant sports information and events and distributes summarized information through real-time push notifications to consumers. Find out more at breakingdatacorp.com.

About GiveMeSport: http://www.givemesport.com/

GiveMeSport, Breaking Data's recent acquisition, is a leading next generation sports media company with the largest single publisher Facebook page in the world, with over 25.9 million fans. The next largest single sports publisher Facebook page is ESPN with 15.2 fans. GiveMeSport's content generates over 3.6 billion impressions (Feb-17), reaching over 138 million unique users (Feb-17) per month on Facebook alone.  https://www.facebook.com/GiveMeSport/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-looking Statements - Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to factors referenced in the Company's other continuous disclosure filings, which are available at sedar.com. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure : Breaking Data Corp is a paid PR, news and social media client on Investorideas.com effective May 2, 2017 ( one month ten thousand per month  ) 

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

NXT-ID, Inc. (Nasdaq: $NXTD) Releases Preliminary Results for the Quarter Ended March 31, 2017

NXT-ID, Inc. (Nasdaq: $NXTD) Releases Preliminary Results for the Quarter Ended March 31, 2017

MELBOURNE, Florida, May 2, 2017 – (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a security technology company, announces selected preliminary results for quarter ended March 31, 2017.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/05021Results.asp

First Quarter Highlights:

·        Revenue for Q1 2017 was approximately $6.6 million compared to $42,302 for the same period in previous year and $4.5 million for Q4 2016.

·        Quarter on quarter revenue growth was approximately 46%.

·        Gross profit for Q1 2017 was approximately $3.5 million compared to a gross loss of $(32,853) in Q1 2016 and a gross profit of $2.0 million for Q4 2016.

·        Quarter on quarter gross profit growth was approximately 75%.

·        Operating expenses were approximately $2.4 million in Q1 2017 compared to $2.3 million in Q1 2016. Operating expenses were $2.6 million in Q4 2016.

·        Operating income for Q1 2017 was approximately $1 million compared to an operating loss of $(2.3) million in Q1 2016. The operating loss in Q4 2016 was $(0.6) million.

"Our first quarter results for 2017 show continued substantial growth following the significant progress we reported in Q4 2016,” said Gino Pereira, Chief Executive Officer of NXT-ID. “LogicMark had a record sales month during the first quarter and we have started to deliver the flye card in significant quantities to World Ventures in anticipation of their product launch. We remain confident that we will continue the improvement in our operating results during the remainder of 2017 and look forward to the forthcoming merger with Fit-Pay, Inc. to further broaden our capabilities and customers.”

Preliminary Results 

The results provided in this press release are preliminary and subject to completion of Nxt-ID's financial statements for the quarter ended March 31, 2017 in conjunction with the Company's Form 10-Q filing for the same period, and therefore they are subject to change.

Nxt-ID intends to report final results for the quarter ended March 31, 2017 on or about May 15, 2017, after market close.

About NXT- ID Inc. - Mobile Security for a Mobile World 

Nxt-ID, Inc. (NASDAQ: NXTD) is a security technology Company providing security for finance, assets and healthcare. The Company’s innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce and smart OS-enabled devices. With extensive experience in biometric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things (“IoT”) applications. The Company’s wholly owned subsidiary, LogicMark, LLC, manufactures and distributes nonmonitored and monitored personal emergency response systems (“PERS”) sold through the United States Department of Veterans Affairs (“VA”), healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors.

http://nxt-id.com/  http://www.logicmark.com

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.

NXT-ID Inc. Contact:

Corporate info: info@nxt-id.com

Media:

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

SOURCE NXT-ID, Inc

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

wocketwallet.com/

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