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Monday, January 28, 2019

Investorideas.com - NXT-ID / Fit Pay, Inc. (NASDAQ: $NXTD) News: "Discover Cardmembers Can Now Make Payments on the Move with Garmin Pay ( $GRMN)

Investorideas.com - NXT-ID / Fit Pay, Inc. (NASDAQ: $NXTD) News: "Discover Cardmembers Can Now Make Payments on the Move with Garmin Pay ( $GRMN)



NXT-ID / Fit Pay, Inc. (NASDAQ: $NXTD) News: "Discover Cardmembers Can Now Make Payments on the Move with Garmin Pay ( $GRMN)

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

RIVERWOODS, Ill. & OLATHE, Kan. - January 28, 2019 (Investorideas.com Newswire) Discover ® and Garmin ® International, Inc., today announced that Discover cardmembers can now make payments using Garmin Pay TM, a contactless payment solution for people on the move. Garmin Pay, which is powered by FitPay ®, is available on Garmin's latest active lifestyle smartwatches, the vívoactive ® 3 series, and new GPS running watches, the Forerunner ® 645, Forerunner 645 Music and fēnix ® 5 Plus series, as well as the D2™ Delta aviator watch series. Those who add their Discover card to Garmin's virtual wallet can make quick and easy purchases using just their watch.
"Consumers are constantly on the go and our goal is to make it as simple and seamless as possible for our cardmembers to pay with their Discover card, including on IoT and wearable devices," said Shaida Lynch, vice president of e-business at Discover. "Now someone can be out on a jog or running errands and the ability to pay with Discover from their Garmin watch is just a quick tap away."
"We are excited to provide our customers and Discover cardmembers with another way to pay while they are on the go," said Dan Bartel, Garmin vice president of global consumer sales. "Having the ability to easily pay for purchases, without the need for a phone or wallet, is a feature that we are happy to bring to users who live an active lifestyle."
Discover cardmembers can use Garmin Pay at any merchant retail location that accepts both Discover and contactless Near Field Communication (NFC) transactions. Once a payment card is added to Garmin's virtual wallet—which can be done through the Garmin Connect™ Mobile App—users can tap and pay with just a few quick touches.
"We are very pleased to have partnered with Discover and Garmin to bring additional payment capabilities to Discover cardholders," said Michael Orlando, chief operating officer of NXT-ID and president of Fit Pay, Inc. "Discover cardholders will now be able to experience a truly frictionless payment experience through Garmin's amazing line-up of smartwatches."
Discover cardmembers who use Garmin Pay to make purchases will continue to receive all the convenience and benefits of their Discover card, including rewards, fraud protection and U.S.-based customer service.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories. For more information, visit www.discover.com/company.
About Garmin International, Inc.
The ever-expanding Garmin fitness segment develops technologies to enhance and promote healthy and active lifestyles. Whether users are runners, cyclists, swimmers, multi-sport athletes, or simply looking to stay active throughout the day, there is a Garmin product that can help them reach their health and fitness goals. For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, or youtube.com/garmin.
Garmin International, Inc., is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan, and the United Kingdom. Garmin, vívoactive, Forerunner and fēnix are registered trademarks and Garmin Pay, D2 and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
About NXT-ID, Inc., and Fit Pay, Inc.
Fit Pay, Inc. is a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD ), which provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, NXT-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures. NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; FitPay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at www.nxt-id.com. NXT-ID Inc. Corporate Contact: info@nxt-id.com. FitPay® is a registered trademark of Fit Pay, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190128005084/en/
CONTACT:
Derek Cuculich
Discover Financial Services
224-405-0665
derekcuculich@discover.com
Follow us:@Discover_NewsStephanie Schultz
Garmin International, Inc.
913-397-8200
media.relations@garmin.com
Chris Orlando
Fit Pay, Inc.
760-468-7273
chris@fit-pay.com
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS KANSAS
INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Discover Financial Services

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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: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Friday, January 25, 2019

Investorideas.com Newswire - The AI Eye: AWS (NasdaqGS: $AMZN) Launches Open Source Neo-AI, NICE (NasdaqGS: $NICE) inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance (NasdaqGS: $NUAN) Voice #Biometrics

Investorideas.com Newswire - The AI Eye: AWS (NasdaqGS: $AMZN) Launches Open Source Neo-AI, NICE (NasdaqGS: $NICE) inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance (NasdaqGS: $NUAN) Voice #Biometrics



The AI Eye: AWS (NasdaqGS: $AMZN) Launches Open Source Neo-AI, NICE (NasdaqGS: $NICE) inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance (NasdaqGS: $NUAN) Voice #Biometrics

#AI in Food & Beverages Market to Register CAGR of 28.64% from 2018-2023


Point Roberts, WA and Vancouver, BC - January 25, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: AWS (NasdaqGS:AMZN) Launches Open Source Neo-AI, NICE (NasdaqGS:NICE) inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance (NasdaqGS:NUAN) Voice Biometrics

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

AI in Food & Beverages Market to Register CAGR of 28.64% from 2018-2023

A report published by Research and Markets finds that the AI in Food and Beverages Market is expected to register a compound annual growth rate (CAGR) of 28.64 percent in the forecast period of 2018-2023. An excerpt from the report summary reads:
Artificial intelligence has the potential to fuel innovation in production and packaging to reach consume expectations in terms of quality of the product on the palate and its related impact on the cost. To attain the potential tradeoff between the quality and price, industry stakeholders are actively leveraging the potential of AI across the various applications, such as product design, quality control, maintenance, as well as consumer engagement among others.

AWS Launches Open Source Neo-AI, NICE inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance Voice Biometrics

Stocks discussed: (NasdaqGS:AMZN) (NasdaqGS:NICE) (NasdaqGS:NUAN)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has launched Neo-AI, an open source project to accelerate machine learning deployments on edge devices. An excerpt from the blog post introducing the project reads:
By working with the Neo-AI project, processor vendors can quickly integrate their custom code into the compiler at the point at which it has the greatest effect on improving model performance. The project also enables device makers to customize the Neo-AI runtime for the particular software and hardware configuration of their devices. The Neo-AI runtime is currently deployed on devices from ADLINK, Lenovo, Leopard Imaging, Panasonic, and others. The Neo-AI project will absorb innovations from diverse sources into a common compiler and runtime for machine learning to deliver the best available performance for models.
NICE Ltd. (NasdaqGS:NICE) has announced that the NICE inContact CXone cloud customer experience platform has received the highest average product satisfaction rating from its customers as well as the highest rating for overall vendor satisfaction, according to analytics research and consulting firm DMG Consulting LLC. NICE inContact CXone brings together Omnichannel Routing, Analytics, Workforce Optimization and Automation and Artificial Intelligence.
Nuance Communications, Inc. (NasdaqGS:NUAN) has announced that Kennebunk Savings will deploy its voice biometrics technology to streamline customer authentication and reduce fraud. Brett Beranek, General Manager of Security Line of Business for Nuance Enterprise, explained how Nuance's AI-leveraged security will help to prevent fraud:
"Fraud today is not only a problem for multi-national financial institutions. As these organizations have deployed voice biometrics to secure their customers, fraudsters are shifting their attacks to community banks and credit unions. As a result, all financial institutions are facing increasing fraud pressures no matter their size. We're glad to see Kennebunk Savings deliver the greatest level of biometric security within their Customer Care Center. As a result, they are staying one step ahead of fraudsters while delivering an improved experience for their customers."
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPHAvant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.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, contents 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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye -  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com
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Thursday, January 24, 2019

Investorideas.com Newswire - The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech

Investorideas.com Newswire - The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech



The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech

Global Self-Driving Vehicle Market to Hit $172.3 Billion by 2024


Point Roberts, WA and Vancouver, BC - January 24, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of #aiWARE Platform

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global Self-Driving Vehicle Market to Hit $172.3 Billion by 2024

A new report from Research and Markets finds that the Global Self-Driving Vehicle market will reach $172.3 billion USD by 2024. Data indicates that North America is expected to lead this sector through the forecast period of 2019-2024 and that the global long haul trucking market will grow at a compound annual growth rate (CAGR) in excess of 60 percent in the same period. An excerpt from the report summary reads:
In terms of general consumer adoption, the publisher anticipates that end-users will not fully embrace self-driving vehicles until the 2024 timeframe. In addition to overcoming public trust factors relative to safety, the autonomous vehicle market is also focused on the major consumer upsides to self-driving vehicles, which include less expensive transport, opportunities for ride sharing and fractional ownership, and ultimately reduced outright leasing and ownership of cars, vans, and trucks.

Veritone Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences Raise $4.1 Million for Breakthrough AI Tech

Stocks discussed: (NasdaqGM:VERI) (NasdaqGM:BBGI) (CSE:CGN)

Veritone, Inc. (NasdaqGM:VERI) has announced a renewed and expanded multi-market licensing agreement with Beasley Media Group, a subsidiary of Beasley Broadcast Group (NasdaqGM:BBGI). Veritone's aiWARE platform enables Beasley Media Group to provide advertisers and brands with near real-time insights and analytics into their advertising campaigns. The agreement doubles the number of stations using aiWARE to 28, across six markets. Veritone co-founder and President Ryan Steelberg commented:
"Veritone developed aiWARE so that organizations in virtually any industry can easily take advantage of the power of artificial intelligence. Media broadcasters were the first industry segment to adopt aiWARE and we're thrilled that radio station groups of all sizes are experiencing great success and operational efficiencies by using our AI platform. Their advertising customers benefit from new insights and campaign performance analytics similar to those in digital media, enabling budget and campaign optimization in whole new ways. It's a win-win situation for both radio stations and advertisers."
Cognetivity Neurosciences Ltd. (CSE:CGN) has recently raised $4.1 million to commercialize breakthrough AI technology to improve dementia diagnoses through the UK, which could potentially save $118,000 per patient. According to a press release, "The company's five-minute Integrated Cognitive Assessment (ICA) test uses AI and machine learning techniques to help detect the earliest signs of impairment by testing the performance of large areas of the brain, potentially allowing early diagnosis of dementia." Dr. Sina Habibi, the company's CEO and Director, said:
"2019 has got off to a great start, with Cognetivity being featured in Forbes as one of five young companies making an impact on the world to watch In 2019. Our main goal is, and always has been for our technology to help as many people as possible, and this recognition is another fantastic endorsement of our aims and the company's enormous potential."
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPHAvant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.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, contents 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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye -  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411

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Wednesday, January 23, 2019

Investorideas.com Newswire - The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT

Investorideas.com Newswire - The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT



The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT

Global AI Market to Crack $3 Trillion by 2024 at CAGR of 36.1%


Point Roberts, WA and Vancouver, BC - January 23, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: Boeing (NYSE: $BA) Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's ( $CSCO) AppDynamics Unveiled Central Nervous System for IT

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global AI Market to Crack $3 Trillion by 2024 at CAGR of 36.1%

A report from Transparency Market Research projects that the global AI market will reach $3.06 trillion USD by 2024 with a compound annual growth rate of 36.1 percent in the forecast period of 2016-2024. An excerpt from the report summary reads:
Increasing adoption rate of big data and AI advanced has largely benefited the global artificial intelligence market. Various end-use industries have also employed artificial intelligence such as retail and business analysis that has also boosted the demand in this market. Moreover, growing progression need in the zones of machine interpretation, question acknowledgment, and protest observation has further augmented the demand for artificial intelligence.

However, slow adoption rate and lack of technical expertise might hamper the growth of this market. High expenditure cost while installing artificial intelligence systems and high development cost can also restrain market performance. Nevertheless, with advanced parallel handling capacities and increasing data stockpiling limit might aid in minimizing these restraints and fuel the market growth.

Boeing Completes Test Flight of Autonomous Passenger Air Vehicle, Cisco's AppDynamics Unveiled Central Nervous System for IT and NICE Introduced Robotic Automation Community

Stocks discussed: (NYSE:BA) (NasdaqGS:CSCO) (NasdaqGS:NICE)

The Boeing Company (NYSE:BAcompleted the first test flight of its autonomous passenger air vehicle (PAV) prototype in Manassas, Virginia, executing a controlled takeoff, hover and landing. Continued testing to advance the safety and reliability of on-demand autonomous air transportation will be carried out by Boeing NeXt, which leads the company's urban air mobility efforts. Steve Nordlund, vice president and general manager of Boeing NeXt, said:
"Boeing was there when the aviation industry was born and in our second century, we will unlock the potential of the urban air mobility market. From building air vehicles to airspace integration, we will usher in a future of safe, low-stress mobility in cities and regions around the world."
Cisco Systems, Inc. (NasdaqGS:CSCO) company AppDynamics today unveiled its vision for the Central Nervous System for IT. The Central Nervous System for IT will "give businesses full visibility, deep insights, and automated actions across all technology domains that run modern companies: the application, infrastructure, and network." David Wadhwani, CEO of AppDynamics, said:
"Along with Cisco, we're empowering IT Operations to start their journey into the new era of AIOps with real-time visibility and AI and machine learning based insight and automation that ultimately drive improved customer experiences and business performance."
NICE Ltd. (NasdaqGS:NICE) today introduced the NICE Robotic Automation Community, a "global, communal educational platform providing vast resources and assets to accelerate the professional growth of the fast growing Robotic Process Automation (RPA) industry." Barry Cooper, President of NICE Enterprise Group, commented:
NICE is delighted to launch a comprehensive and engaging global community to drive collaboration and innovation among RPA professionals. The NICE Robotic Automation Community is the ideal platform to share in-depth experience and industry knowledge. Our innovative RPA technology is built to support the most complex process scenarios facing enterprises today. The RPA market is vibrant and dynamic, and we are excited to be contributing towards and shaping the industry on a global scale."
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPHAvant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
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Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark

Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark



NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Update from Maxim Group; Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

Point Roberts - January 23, 2019 (Investorideas.com Newswire) Investorideas.com, a global news source and investor resource covering tech stocks reports Maxim Group has issued an update on NXT-ID, Inc. (NASDAQ: NXTD) following recent news and an update on the Company’s proposed spinoff of its payment division.

NXT-ID, Inc. (NXTD - NASDAQ - $1.25)
Buy
Target Price: $2.00
Spin-Off of PartX Delayed, Probably Until Late February/ Early March - Reiterate $2 PT for Stand-Alone LogicMark
Michael Diana
(212) 895-3641
Excerpt -
Summary:
  • On September 21, 2018, NXTD announced its intention to spin off its Fit Pay subsidiary (to be re-named PartX), and subsequently established a record date of October 17. On October 17, NXTD shares started trading without (any value for) PartX (that is, just reflecting the value of its healthcare subsidiary, LogicMark). On December 17, it was announced that the spin-off was delayed, and the October 17 record date was withdrawn, so NXTD shares now trade with the values of both LogicMark and PartX included. A new record date has not yet been announced.
  • On January 15, NXTD announced that it had signed a letter of intent for a new $16.5M 

    senior secured term loan, which will be used to pay off NXTD's existing loan facility (which contains a covenant that effectively prohibits the spin-off). The new term loan is expected to close around late February/early March, at or about which time the spin-off should also occur. Sometime between now and then, a new record date should be announced, at which time NXTD shares should again trade without any value for PartX (that is, just reflecting the value of LogicMark).
    • Notwithstanding that NXTD shares temporarily trade (until late February/early March) with the values of both LogicMark and PartX included, our price target of $2 and our 2019 estimates are for stand-alone, post-spin LogicMark/NXTD. See page 2 for our earnings model.
    • Our price target represents, relative to other small-cap healthcare/medical devices companies, a discount to multiples of 2019 enterprise value (EV)/revenue and of 2019 EV/adjusted EBITDA, reflecting NXTD's small market cap and early stage of development.
    • We note that there have been many positive recent developments at Fit Pay/PartX (see below).
    Details:
    Fit Pay/PartX update. Many positive recent developments include: 1) Fit Pay is going to provide tokenization services to enable SwatchPAY! contactless payments with Swatch watches; 2) GarminPay (powered by Fit Pay) was added to an 11th Garmin (GRMN - NR) smartwatch, and the network of banks supporting GarminPay now numbers 260 banks in 30 countries; and 3) Fit Pay expects to start shipping Flip, its contactless payment device for Bitcoin, on February 13. The announcement from Swatch (UHR.S - NR) is especially important, in our view, in that it "represents a big step towards making contactless and wearable payments more mainstream," in the words of the Fit Pay press release.
    Maintain $2 PT for stand-alone, post-spin LogicMark/NXTD. Relative to other healthcare/medical devices companies, our $2 price target represents a discount to multiples of EV/revenues (3.0x versus an average of 4.9x) and to multiples of EV/adjusted EBITDA (12.9x versus an average of 18.1x). The discounts reflect NXTD's small market cap and early stage of development, in our view. NXTD shares are currently trading at a 2019 EV/revenue multiple of 2.1x and an EV/adjusted EBITDA multiple of 9.1x.
    Recent company news:
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