Media
Alert: Recent Interview of Gopher Protocol (OTCQB: $GOPH) CTO Danny Rittman on
Wall Street Analyzer
Dr. Rittman discusses The Guardian Patch,
Guardian Pet Tracker and EDA Software
San Diego, California, March 23, 2017 –
(Investorideas.com
Newswire) Gopher Protocol Inc. (OTCQB:GOPH) (“Gopher” and the "Company”), a development-stage
company, which specializes in the development of real-time, heuristic-based –
mobile technologies announces the release of a recent podcast interview with
Wall Street Analyzer.
Chief Technology Officer, Dr. Danny
Rittman discusses the recent news on EDA Software, as well as the Guardian Pet
Tracker and Guardian Patch.
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Analyzer's staff of writers, analysts, publishers, producers, market
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The
Guardian Pet Tracker (Sphere Internal name - the "Sphere") system is
a derivative technology of Gopher's Guardian Patch technology. The Sphere is
designed to provide its users with local tracking capability using a
re-chargeable/replaceable battery source. The objective of Gopher's current
efforts, which it hopes to achieve, is to deliver for testing in a pre-designated
area few mobile units of the Guardian pet devices along with a base station,
test results and eventual manufacturing capability for both the mobile and the
base unit.
About Guardian Patch
The
Guardian Patch (the "Patch"), potentially arriving in consumer
markets in 2017, is a unique location technology that works with or without
GPS. The Patch is a "stick-on" device that provides its users with
the capability to protect and track objects, a loved-one or even a pet, through
a mobile application. Download the Patch app, register your patch, and track
anything that you own on your mobile device or on our designated website.
Register the Patches of your family members and friends to receive alerts in
the event of an emergency. Peel the Patch off and the Patch acts as a beacon,
sending out a signal and notifying anyone who has registered the user's Patch.
About Gopher Protocol Inc.
Gopher
Protocol Inc. (OTCQB: GOPH) ("Gopher" and the "Company") (http://gopherprotocol.com) is a
development-stage company developing a real-time, heuristic-based mobile
technology. Upon development, the technology will consist of a smart microchip,
mobile application software and supporting software that will run on a server.
The system contemplates the creation of a global network. Gopher believes this
will be the first system that is developed using a human, heuristic-based
analysis engine. Since the core of the system will be its advanced microchip
technology that will be capable of being installed in any mobile device
worldwide, Gopher expects that this will result in an internal, private network
between all mobile devices utilizing the microchip by providing mobile
technology for computing power enhancement, advanced mobile database management/sharing
and other additional mobile features.
Certain
statements contained in this press release may constitute "forward-looking
statements". Forward-looking statements provide current expectations of
future events based on certain assumptions and include any statement that does
not directly relate to any historical or current fact. Actual results may
differ materially from those indicated by such forward-looking statements as a
result of various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to
these factors, actual future performance, outcomes, and results may differ
materially because of more general factors including (without limitation)
general industry and market conditions and growth rates, economic conditions,
and governmental and public policy changes. The forward-looking statements
included in this press release represent the Company's views as of the date of
this press release and these views could change. However, while the Company may
elect to update these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc. VM Only 888-685-7336
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
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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.
This Week’s Biotech, LOHAS,
Renewables, Automotive, Sports, Tech & Mining Stocks added to InvestorIdeas
Directories
New Biotech Stocks - CSE: $PVT_U.CA, $MQ.CA, $BUX.CA, $BTH.CA, $CHX.CA
Point Roberts, WA, Delta BC – March 17, 2017 –
Investorideas.com, a global news source and investor resource covering actively
traded sectors announces this week’s additions to its investor membership, including global stock directories in biotech, LOHAS, renewables, automotive,
sports, tech and mining.
Investorideas.com tracks companies in high profile
trading sectors and makes ongoing additions to its stock directories for each
sector. Listing for the stock directories include companies on the
TSX, OTC, NYSE, NASDAQ and global stock exchanges.
The newest biotech companies are all CSE-listed http://thecse.com/and are involved in drug development, technologies for weight management, cancer
diagnostics, breath analysis for medical screening and in-vitro, point-of-care
services.
The newest LOHAS stock TerraVia Holdings, Inc. (NasdaqGS:TVIA) is harnessing the power of algae as a
super-food, while Willdan Group, Inc. (NasdaqGM: WLDN) has
been added to both the renewable energy and environment stocks lists as an
energy efficient company.
REV Group (NYSE: REVG), U.S. Physical Therapy, Inc. (NYSE:USPH) and Rocket
Fuel (NasdaqGS: FUEL) have been added to the automotive, sports and tech stock
lists respectively, with Rocket Fuel making an appearance as both a software
company as well as in the newest section of the tech list – AI (artificial
intelligence) and Robotics.
The latest mining stock
addition is the CSE-listed gold mining company Argo
Gold Inc. (CSE: ARQ) who earlier this week released news though the
Investorideas Newswire service. You can
read their news here: http://www.investorideas.com/news/2017/mining/03161ARQ.asp
New Biotech Companies Added to Investorideas directory:
Portage Biotech Inc. (CSE:PBT-U) is
a drug development company focused on acquiring and operating promising
early-to-mid stage companies. It owns ~52% of Biohaven Pharmaceuticals, a
company that is developing glutamatergic therapies for affective disorders and
other indications. Portage Biotech fully
owns Portage Pharmaceuticals Limited, a subsidiary developing a cell
penetrating peptide platform. Portage
also has a minority investment in Sentien Biotechnology. Portage uses a group of industry and academic
experts to assess information on acquisition and investment targets.
M Pharmaceutical Inc.(CSE: MQ)
is a clinical‐stage company developing innovative technologies for obesity and weight
management. In addition to its recent acquisition of C‐103, a reformulation of orlistat from Chelatexx,
LLC, the Company will focus on the development of its Trimeo capsules,
temporary controllable pseudobezoars for non‐invasive gastric volume reduction for the treatment of obesity, for
which it has exclusive rights. The Company has also recently
acquired an FDA cleared fertility product branded as ToConceive that represents
its first offering in the women's health field.
BioMark
Diagnostics Inc. (CSE:BUX) is developing proprietary,
non-invasive, and accurate cancer diagnostic solutions which can help detect,
monitor and assess treatment for cancer early and cost effectively. The
technology can also be used for measuring response to treatment and potentially
for serial monitoring for cancer survivors.
Breathtec
BioMedical Inc. (CSE:BTH)
was formed to propel innovative research in the area of breath analysis
as a medical screening tool. Efforts are aimed at leading the development of
commercially viable methods for the early screening of diseases such as lung & breast cancers, neurodegenerative
diseases (e.g.: Alzheimer’s / Parkinson’s), tuberculosis, diabetes, liver
disease and more. The Company has acquired key IP and is funding advanced
investigation focused on innovation and advances in the field of specialized
mass spectrometry. The principal market opportunity arises from the potential
of low-cost, non-intrusive breath analysis technology as a diagnostic screening
tool employed in general medical practice which could lead to notable advances
in early detection of major cancers and other life-altering diseases.
ChroMedX Corp. (CSE:CHX) is a medical technology company
focused on the development of novel medical devices for in vitro diagnostics
and point-of-care testing. The devices are protected by the Company's issued
and pending patents, dealing with blood collection, analysis and plasma/serum
processing.
New LOHAS Companies Added:
TerraVia
Holdings, Inc. (NasdaqGS:TVIA) is a plant-based food, nutrition and
specialty ingredients company that harnesses the power of algae, the mother of
all plants and earth's original superfood. With a portfolio of breakthrough
ingredients and manufacturing, the Company is well positioned to help meet the
growing need of consumer packaged goods and established and emerging food
manufacturers to improve the nutritional profile of foods without sacrificing
taste, and to develop select consumer brands. The Company also manufactures a
range of specialty personal care ingredients for key strategic partners.
Headquartered in South San Francisco, the Company's mission is to create
products that are truly better for people and better for the planet.
New Renewable Companies Added:
Willdan Group, Inc. (NasdaqGM: WLDN) provides professional consulting and technical services to
utilities, public agencies and private industry throughout the United States.
The Company's service offerings span a broad set of complementary disciplines
that include energy efficiency and sustainability, engineering and planning,
financial and economic consulting, and national preparedness. Willdan provides
integrated technical solutions to extend the reach and resources of its
clients, and provides all services through its subsidiaries specialized in each
segment.
New Automotive Companies Added:
REV Group (NYSE: REVG) is a $2+
billion manufacturer of industry-leading motor vehicle brands. Products include
ambulances, fire trucks, shuttle buses, transit buses, yard trucks, street
sweepers, luxury motorhomes and wheelchair accessible vehicles. REV owns 27
brands, employs more than 6,000 people in 16 different manufacturing facilities
in the U.S., and produces more than 17,000 specialty vehicles annually. The
company is headquartered in Milwaukee, Wisconsin.
New Sports Companies Added:
U.S. Physical Therapy, Inc. (NYSE:USPH) Founded in 1990, U.S. Physical Therapy, Inc.
operates 558 outpatient physical and occupational therapy clinics in 42 states.
The Company's clinics provide preventative and post-operative care for a
variety of orthopedic-related disorders and sports-related injuries, treatment
for neurologically-related injuries and rehabilitation of injured workers. In
addition to owning and operating clinics, the Company manages 30 physical
therapy facilities for third parties, including hospitals and physician groups.
New Tech Companies Added:
Rocket Fuel (NasdaqGS: FUEL) is a predictive marketing
software company that uses artificial intelligence to empower agencies and marketers
to anticipate people’s need for products and services. Headquartered in Redwood
City, Calif., Rocket Fuel has more than 20 offices worldwide.
New Mining Companies Added:
Argo Gold Inc. (CSE: ARQ) is listed
on the Canadian Securities Exchange under the ticker ARQ. Argo Gold is focused
on gold exploration projects central and northwestern Ontario. All of Argo
Gold's projects are 100% owned and have indications of economic viability.
Investorideas.com
global stock directories are part of the membership program on the site,
accessed either by login and password or available in PDF format. The
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recognized global stock exchanges, giving retail investors a wide variety of
stocks to review.http://www.investorideas.com/membership/
The directories are not meant as recommendations
but as a research tool to discover opportunities and trading ideas in a
particular sector.
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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
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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.
Gopher
Protocol (OTCQB:
$GOPH)Introduce
Sigma EDA Software - electrical connectivity & analysis of an integrated
circuit block
San Diego, California, March 15, 2017 –
(Investorideas.com
Newswire) Gopher Protocol Inc. (OTCQB:GOPH) (“Gopher” and the "Company”), a
development-stage company, which specializes in the development of real-time,
heuristic-based – mobile technologies; and its partner, Alpha EDA, LLC
(“Alpha”) announce today the completion of development of its software package
“SIGMA EDA” (“Sigma”) - tool that checks and corrects electrical connectivity
mismatches in an integrated circuit, custom layout block. The tool reads an IC
Layout Block, its Netlist and automatically corrects all connectivity
mismatches. In addition, the tool provides a layout performance and DFM
structural improvements by optimizing polygonal connectivity.
Nanometer designs contain millions of
devices and operate at very high frequencies. To meet the challenges posed by
such large-scale circuits, techniques have been developed to represent
integrated circuit designs at various levels of abstraction. According to these
techniques, an integrated circuit design may be represented by an electrical
schematic containing devices and nets interconnecting the devices and by
geometric layout data that describes patterns of regions or elements to be
formed in and/or on an integrated circuit substrate. (e.g., wafer) Techniques
for managing highly integrated circuit designs include hierarchical design
techniques. These hierarchical techniques can be essential to the efficient
performance of computer-assisted integrated circuit design verification. Such
verification may include operations to perform layout versus schematic
comparison (LVS) using computer-based design tools.
Today, any mismatches are corrected
manually by a layout designer. The layout designer first must find the correct
connection and then determine how to create the correct electrical connection
in the mask layout database. This process of adding/modifying an electrical
connection(s) may take several hours or days to complete. Furthermore, the
layout designer may introduce design rule errors in the mask layout database
when adding the new connection.
Eliminating the design rule errors may additionally require several more
hours or days and thus, increase the design time for the integrated circuit
furthermore. Using Sigma these electrical connection mismatches are
automatically eliminated within minutes which resulting a massive reduction in
the entire chip design time. In addition, the tool includes an Auto-Correct
option to automatically correct a completed IC layout block. One of the key
advantages of the software is its statistical analysis and violations mapping
feature. The program prepares violation statistics including a detailed report
of each violation and an automatic correction solution(s). Upon user's
approval, Sigma automatically corrects the violation(s), saving hours or days
of manual work. After the correction, Sigma rechecks the microchip block to
verify that all violations are fixed.
“The new method and system deployed via
Sigma supports the industry’s newest manufacturing design processes and
standards. With Sigma, designers can potentially save weeks and months of IC
custom layout design time. This tool especially benefits Analog and Mixed
Signal design styles and can eliminate the stress and time of solving a major
challenge.”, stated Dr. Rittman the Company and Alpha CTO.
Gopher Protocol Inc.
(OTCQB: GOPH) (“Gopher” and the "Company") (http://gopherprotocol.com/) is a development-stage
company developing a real-time, heuristic-based mobile technology. Upon development, the technology will consist
of a smart microchip, mobile application software and supporting software that
will run on a server. The system
contemplates the creation of a global network.
Gopher believes this will be the first system that is developed using a
human, heuristic-based analysis engine. Since the core of the system will be its
advanced microchip technology that will be capable of being installed in any
mobile device worldwide, Gopher expects that this will result in an internal,
private network between all mobile devices utilizing the microchip by providing
mobile technology for computing power enhancement, advanced mobile database
management/sharing and other additional mobile features.
Certain statements
contained in this press release may constitute "forward-looking
statements". Forward-looking statements provide current expectations
of future events based on certain assumptions and include any statement that
does not directly relate to any historical or current fact. Actual results may
differ materially from those indicated by such forward-looking statements as a
result of various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website (http://www.sec.gov).
In addition to these
factors, actual future performance, outcomes, and results may differ materially
because of more general factors including (without limitation) general industry
and market conditions and growth rates, economic conditions, and governmental
and public policy changes. The forward-looking statements included in
this press release represent the Company's views as of the date of this press release
and these views could change. However, while the Company may elect to
update these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as representing the
Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc. VM Only 888-685-7336
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. Disclosure: GOPH is a PR, social media
and publishing client and compensates Investorideas.com (effective April 4,
2016 - three thousand five hundred per month) More disclaimer info:http://www.investorideas.com/About/Disclaimer.asp
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.
How NXT-ID (NASDAQ: $NXTD) Could Be a Big
Player in IoT: Q&A with CEO Gino Pereira
March 14, 2017 (Investorideas.com Newswire) The
next wave of innovative technologies is already making its way into the
mainstream. From digital payments to wearables and even the Internet of Things
(IoT), consumers have been longing for a new tech cycle to succeed the maturing
smartphone revolution. Now, they're finally getting it. But underneath the
surface of sleek interfaces and simple functionality are very complex issues
that companies developing these technologies have to wrestle with. In order for
a new technology product to succeed, consumers have to be able to trust that it
works and that they'll be safe using it.
This creates opportunities for a company like
NXT-ID (NASDAQ:NXTD), which specializes in developing solutions for identity verification,
security and privacy, encryption and data protection, payments, miniaturization
and sensor technologies. Equities.com had the opportunity to speak with Gino
Pereira, CEO of NXT-ID, to learn more about how the company is leveraging its
core technology to ride the next wave of tech innovations.
EQ: NXT-ID is a security technology company that
provides solutions to enable users to better manage their digital footprint in
key areas such as finance, healthcare and mobile computing. As the world is
becoming increasingly more digital, how does NXT-ID's long-term mission align
with growing trends like IoT and cybersecurity?
Pereira: Well, I think that all this growth and all
of these interconnected devices are going to require one critical thing for the
whole ecosystem to be successful, and that is essentially trust and security.
All of the innovation won't be helping anyone if you don't trust that
transactions being done through IoT are secure and your identity is safe.
Whether they be payments or simple things like access to your home and your
car, that's an essential part of the IoT ecosystem and that's the piece that we
feel we can play a big part in.
We provide a number of things on the security and
authorization front, basically recognizing whether the person using a device is
supposed to be using it. We can also provide encryption services to ensure that
transmissions in these apps and devices are secure, as well as an
authentication and decryption service that gets data to where it needs to go.
As long as you have these things, then you can really interconnect devices and
be confident in the security of the information that's being transmitted. We
think we can be a big piece of that.
EQ: As recently as just a few years ago, NXT-ID was
known almost exclusively for its Wocket Smart Wallet. Today, the company seems
to be getting into several different markets, particularly those in the
emerging technology space. How are you able to use the same underlying
technology of the Wocket to markets like IoT and digital security so quickly?
Pereira: Sure. At heart, our background is in the
skills that identify with security technologies. So, we're good at technologies
like payments and miniaturization. We have an expertise in biometrics and in
encryption technologies as well as sensor technologies. All of these elements
are things that work together to help provide security in different features.
They could be physical security or they could be digital security. So, the
reason why the Wocket was the initial product offering for the company was that
we felt that it was the area that had potentially the quickest growth. The
whole transition to the digital payment space is constantly evolving
underscored by tremendous innovation and we wanted to play in that.
We developed some very successful technologies with
Wocket, particularly a technology that we called WiMag, which is a wireless
magnetic stripe signal that enables us to make wireless transactions at regular
magnetic point-of-sale terminals. We leveraged our expertise in miniaturization
and developed some tremendously promising technologies during the course of
developing the Wocket. We developed some valuable technologies and it's that
technology base that we are expanding across a number of industries right now.
EQ: While the Wocket doesn't define your company,
the underlying technology is the key to what NXT-ID can do. To the point of
diversifying your markets, NXT-ID partnered with travel club WorldVentures for
the development of the Flye Smart Card. Beta testing for the “next-generation
smart card” has been ongoing for several months now. Can you bring us up to
speed how it works and the current status?
Pereira: Absolutely. WorldVentures is a terrific
partner and it's the first one of what we hope to be several of our B2B
contracts as we go forward. We have a $15 million purchase order from
WorldVentures against which we have started to make deliveries. The concept is
one that was really derived straight from Wocket. Essentially, this is now a
multi-purpose card with a lot of innovation on it that allows you to make
payments in multiple forms. It's also to be used by the members of
WorldVentures rewards points card. It also has a Bluetooth beacon on it that
allows their members to be recognized when they go to particular establishments,
so they receive the appropriate level of service. The reality is that it should
be unprecedented as a smart card. We're not aware of any of its caliber and
certainly no commercialized cards to date that have the multi-functionality. We
have started to deliver these cards to WorldVentures and to build out
additional inventory before they go live with their public launch. Currently,
they are doing extensive beta testing with hundreds of users in which we're
gathering feedback every day and making small tweaks to the card.
VIDEO: NXTD (Nasdaq:NXTD) and WorldVentures Demo
flye Smart Card
EQ: At the 2017 Consumer Electronics Show, NXT-ID
debuted a new module for Internet of Things devices, a product culminating from
a cooperative effort with Nordic Semiconductor. You say that this is the first
time Bluetooth Low Energy and Near-Field Communications have been integrated on
the same chip. What's the importance of this and what are some possible
applications that could generate demand for the NXTD/Nordic chip?
Pereira: First of all, the application – the whole
system-on-chip concept – is designed for wearables and IoT devices where real
estate is at a premium most of the time. What we've developed allows you to do
something on one chip that normally may take three chips. So, with that
manufacturers certainly save in costs. They also save in overall complexity,
most definitely in manufacturing complexity. Moreover, there are savings in the
number of potential areas where there could be manufacturing or use problems.
Ultimately, the new technology presents the opportunity to achieve a great deal
on a very low power device. This means you don't have to charge it as
frequently and it will be available for a vast range of IoT devices. It's
something that we envision white labelling for a number of companies.
EQ: Last summer, NXT-ID moved into the personal
emergency response systems (PERS) business with the acquisition of LogicMark.
IndustryARC forecasts that market to grow to an $8.4 billion market by 2020.
What attracted you to the PERS market? How do you intend to capture market
share from the bigger players here?
Pereira: The reason why we invested in a PERS
company is because it fits within our security technology portfolio. In this
case, it's personal security as opposed to digital or identity security. We
intend to apply our technology to next-generation devices to make them smaller,
slimmer, more appealing and much more in the context of what is available today
as wearables. That's our technological contribution to that area.
Having said that, we're dealing with existing
products. We are currently the only contract supplier to the VA Hospital with
this product, which represents the majority of the LogicMark business today.
Our intention is to take these product lines and roll them out into extended
retail distribution. We have a distribution model that I feel is potentially a
game changer in the space. Understand that in the PERS business, there are
monitored and non-monitored PERS. LogicMark is a leader in the non-monitored
space. Most larger companies, I think the vast majority of the industry, are in
the monitored space where they charge an initial fee with a monthly payment
after that. In this monitored model, the customer tends to have the device and
services on average for about three years. So, it's fairly expensive to have
one of these devices over a period of time.
VIDEO: LogicMark Non-Monitored medical alert
system video
EQ:
How will your model be different from most other competitors?
Pereira:
Our model is to sell the products outright where calls are automatically routed
to 911 if someone needs assistance. This way, there is no need for us to have a
call center, which removes the need for monthly fees. We think that there is a
certain niche out there for those individuals that are hesitant to sign up for
monthly payment deals and would readily respond to the ability to purchase the
device one time only. A lot of the buyers for these products are actually the
children of people that may need this type of device.
Children
feel a lot better if their parents have this type of protection and it's a much
simpler act to just go and purchase a product outright and give it to the
parent as opposed to signing up on a contract and making monthly payments.
Obviously, there is a huge difference in the overall costs during a three-year
period. So, we think we have something that will certainly appeal to a
significant segment of this market.
Also,
we're selling the units through contracts with the VA Hospitals, and we're
looking towards big box stores and other forms of retail distribution. The
acquisition cost is something that can really be optimized to specific
campaigns with specific purposes. So, I think there is a lower acquisition cost
per customer for the non-monitored model, and once our customers have the
product then they will have it for a while.
EQ:
We've discussed how NXT-ID's technology can be applied in the finance, travel
and health markets now. You also have products like 3D-ID, FaceMatch,
VoiceMatch and BioCloud. How does the portfolio all fit together?
Pereira:
We are definitely in expansion mode. We are actively looking to increase our
resources to allow us to fully exploit all our opportunities. That's something
that can take quite a bit of time, but we are looking to do that. I feel confident
that we will be starting to exploit these new opportunities in the coming year.
Certainly, the payment space is something that we are heavily concentrated on
as well as the PERS space.
3D-ID
is kind of the third leg of our business. A lot of the technology here was
developed to support high-level security applications for end-users like the
Department of Defense and law enforcement agencies. Currently, we are a
subcontractor to a major defense contractor on a large contract. That will be
the next growth component as part of our initiatives to build out that division
more fully in order to take advantage of opportunities there.
EQ:
For investors and readers interested in following NXT-ID's growth, what are
some key metrics that you think are very significant to track to gauge your
growth?
Pereira:
I laid out a plan at the end of last year of where we would like to take the
business. We have started to do that. We have executed on our first B2B
contract, which is significant for propelling us forward. We expect to do more
in the payment space. We also have said that we want to be a factor in the IoT
space. So, my suggestion is, as with most companies, to follow the company and
see if the management team delivers on what it says it's going deliver on.
We
expect to expand our payment applications. We expect to have meaningful
relationships in the IoT space that results in revenue for the company. We
expect to grow our PERS business and we will begin to develop the DOD
enforcement business as resources allow throughout the course of the year.
We're trying to do it on an accelerated basis, but we certainly have to
concentrate on what we have in front of us right now. So, it's really a matter
of following our results of delivering on what we say we're going to do and
judging our performance on those metrics.
EQ:
Wonderful. Do you have any closing thoughts you'd like to leave for our
readers?
Pereira:
We have a number of technologies that are potentially extremely valuable
commercially, and we're moving forward on that. If you track our financial
results over the course of 2016—we issued some pro forma results for 2016, and
the actual 10-K filing will be available at the end of March—readers can see a
progression to profitability. We expect to continue that pattern on a much more
accelerated basis throughout the course of 2017.
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