Biometrics: Consumers

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Biometrics Sector Offering Growth Opportunities as Consumers Increasingly Prefer Digital Payment Methods, Opting for Smart Wallets such as Wocket™ and Google Wallet

CORAL SPRINGS, Florida, July 16, 2014 /PRNewswire/ --

Biometrics Companies expand newest smart technology operations as consumers stray from traditional banking methods and convert to digital commerce: NXT-ID, Inc. (OTCBB: NXTD), Verizon Communications Inc. (NYSE: VZ), Google Inc. (NASDAQ: GOOG), eBay Inc. (NASDAQ: EBAY), Apple Inc. (NASDAQ: AAPL) and Blackberry Limited (NASDAQ: BBRY)

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces the next generation smart wallet, Wocket™ will be "Made in the U.S.A." The first Wockets™ are expected to ship to consumers in September, with advance ordering currently available at http://www.wocketwallet.com. Gino Pereira, CEO of NXT-ID, said, "July is an appropriate time to announce that Wocket will be made in the USA. With most tech companies manufacturing overseas for reasons of economy, we are proud to announce that we will be partnering with MC Assembly to manufacture our biometric smart wallet in Melbourne, FL. We believe some of the highest quality products in the world are made in the USA. We hope to create a win-win situation where we can offer consumers superior product and help to create jobs in the local economy." MC Assembly is a major manufacturing services company with operations in Winchester, Massachusetts, Palm Bay Florida and Zacatecas, Mexico. The company is focused mainly on aerospace, defense, medical, industrial, and niche telecommunications markets.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-nxtd.html

"MC Assembly is delighted to be selected as NXT-ID's manufacturing partner", said Jake Kulp, Vice President of New Business Development at MC Assembly. "This exciting new product will utilize all of the MC Assembly's leading edge technology manufacturing capital equipment as well as our global supply-chain management and planning tool sets", Mr. Kulp added. "MC Assembly remains committed to the growth of Florida base jobs and serving the high-technology central Florida manufacturing needs like those required by NXT-ID."

Mobile Payment / mCommerce News: Recently, Verizon (NYSE: VZ) added tablets to its monthly device payment plan, also known as Edge. With tablets on Edge, you are looking at the same deal as you would get with phones - no upgrade fees, full device value split into 20 equal monthly payments, and the option to upgrade once you have owned the device for 30 days and have have paid off 60% of it. As you can see from the screenshot, devices like the new Sony Xperia Z2 Tablet are already included. Verizon also sells the Galaxy Tab 4, G Pad 8.3, Nexus 7 (2013), Galaxy Note Pro 12.2, and all of the iPads.

Fighting the trend that has seen millennial consumers-those aged 18 to 34-increasingly pulled away from traditional banking channels in favor of all digital methods of storing, moving and using money like Google Wallet (NASDAQ: GOOG) or PayPal (NASDAQ: EBAY); one Chicago area bank is officially rolling out a digital banking product just for the millennial consumer. Liberty Bank's new Smart Debit Plus account will gives users access to transfers, electronic statements and text message alerts as well as online bill pay and other money management tools. What it won't come with is checks, as paper checks will not be issues with these accounts, nor will there by a minimum monthly balance or account maintenance fess. "Since they want to do everything online, we created the account around a first-of-its kind debit card that accesses an array of largely free electronic services," says Kevin Tynan, a marketing executive at the bank, reports Payments Source. http://www.pymnts.com/news/2014/paperless-debit-used-to-lure-millennials/#.U8VRpMJOWHs

Smartphone Technology News: It seems that the Indian smartphone industry will continue to outperform globally. With the introduction of several low-cost smartphones and discounted data tariffs, smartphone shipments in the country surged 244% during fiscal year 2014, according to India-based Manufacturer's Association of Information Technology. The industry body, going forward, estimates the Indian smartphone industry will double in size during fiscal year 2015; gradually increasing 3G penetration rate and the introduction of next-gen 4G network will compel consumers to upgrade their smartphones. Let's see what Apple (NASDAQ: AAPL), Blackberry (NASDAQ: BBRY) , and Nokia (NYSE: NOK) are doing to capture this explosive expected growth. Read the full article at http://www.fool.com/investing/general/2014/07/15/apple-blackberry-and-nokia-are-fighting-for-shar-2.aspx

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DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG 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. FNMG'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. FNMG 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 FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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SOURCE FN Media Group LLC

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Digital Wallets Designed for Eliminating the Need for Credit Cards - NXTD's Wocket™ Looks to Change the Way Consumers Make Credit Card Payments Worldwide

CORAL SPRINGS, Florida, May 20, 2014 /PRNewswire/ --

Smart Technology continues to evolve in the biometrics sector as advanced technologies become available for today's consumer looking for secured methods of future credit card payments: NXT-ID Inc. (OTCBB: NXTD), Apple Inc. (NASDAQ: AAPL), Yahoo! Inc. (NASDAQ: YHOO), Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT)

In an exclusive Q&A, Mr. Verdi discusses recent ventures including new movie deals and his investments in game-changing technologies, including Apple and biometric mobile security company NXT-ID Inc., (OTCQB: NXTD) (OTCBB: NXTD), which is currently preparing to launch its smart wallet, the Wocket™, (http://www.wocketwallet.com) with advance orders starting May 28th.

Interview Highlights with Mr. Verdi:

Question:
This past year has already seen you reach some key milestones; making movies with the best in Hollywood, like Martin Scorsese and your investment in NXTD is up over 300 percent in less than a year. What are you most excited about for the balance of this year?

A: Chad A. Verdi
Well, that's a tough one. I guess I am the most excited about NXTD right now, only because they are about to launch the Wocket™ this month. Wocket™ is a smart wallet with a re-programmable single credit card device that operates under a secured system using biometrics.

I feel it will change the way people make credit card payments worldwide. Everyone is trying to get in on this game with mobile payments, mobile wallets, mobile apps like LOOP and COIN. Everyone is trying to figure out the best way to do it. I think Wocket™ has the right approach; separate from your phone. Most people are concerned about what happens if they lose their phone or it gets stolen - what happens with all that payment info on your phone? With Wocket™, it's not a worry because after each transaction it basically goes back to a blank card. Your identity and payment info are safe!

It's great to think I originally invested in this a few years ago and now it may become the leader in the payment sector that I thought it would!

To read the full Chad A. Verdi interview, please click here:http://www.fnmprofiles.com/profiles-nxtd.html

Question:
In terms of your investments, you invest in both large companies like Apple (NASDAQ: AAPL) and Yahoo (NASDAQ: YHOO) and other big tech and entertainment companies but you also take risks and invest in smaller companies with emerging technology like NXTD. Where do you see the biggest potential pay-off?

A: Chad A. Verdi
I obviously wish I would have had the opportunity to get into Apple from the beginning. I would have bet big on it, just like I have with NXTD. Companies that take a different path from what the competition is doing represent the biggest opportunity, if it works. Steve Jobs set the course for Apple, I still love the company but it's hard to know if the vision will stay intact. NXTD is still young and they are taking a revolutionary approach to payments and identity issues, very different from their competitors and I like that.

About Chad A. Verdi:

Mr. Verdi is an established movie producer and businessman with an interest in technology investments. He will be the executive producer of three films with Oscar-winning director, Martin Scorcese. The casts of these films will include names such as Liam Neeson, Andrew Garfield, Miles Teller, Aaron Eckhart and Adam Driver.

Smart Technology News and Notes:

In other smart technology news around the markets, Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT) have also been in the news for their recent developments. Google recently made their famed Google Glass available for the general public for a short amount of time and continue to make developments improving the technology, with the latest move allowing Glass wearers to spend money Bitcoin. Microsoft, on the other hand, is rumored to be developing a smart watch experts say could give both Samsung and Apple a run for their money.

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG 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. FNMG'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. FNMG 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. FFor current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-Id, Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

Contact Information:
Company: FN Media Group, LLC
Contact email: editor@financialnewsmedia.com
U.S. Phone: 1(954)345-0611
URL: http://www.financialnewsmedia.com

Source: FN Media Group

SOURCE FN Media Group, LLC

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Consumers Get to Know NXT-ID's Smart Wallet, Wocket™, in Series of CNBC Ads Starting the Week of May 12th

SHELTON, Connecticut, April 23, 2014 /PRNewswire/ --

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market announces the roll out of the first 30 second ads to be aired on CNBC starting the week of May 12th. The consumer ads will feature the company's next generation smart wallet, Wocket™, created to securely replace all the credit cards and loyalty cards in your wallet.

The CNBC ads are part of a consumer marketing campaign to create brand awareness for Wocket™. Included is a press conference and marketing event to be held at the Plaza Hotel in New York City on May 28th, where the new image, logo, packaging, video and product demonstration will be revealed.

Mr. Gino Pereira, CEO of NXT-ID, Inc. said, "With current events highlighting the devastating extent of identity theft and compromised credit cards and passwords, Wocket™ is a product for today's unsecure world. The CNBC audience are ideal candidates for Wocket as is every household in the United States."

Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.

Media and shareholders wishing to attend the May 28th event can email info@nxt-id.com

Wocket Consumer FAQ:

"What is Wocket ™?

Wocket™ is a smart wallet. Like the smart phone and smart watch, NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices.

"What does Wocket™ do?

Wocket™ locks all of your private information in an electronic "vault", where only an authenticated owner can authorize access to the data. Thus, you can "lock it with Wocket™ in your pocket", protecting your private information from unauthorized access.

"What makes Wocket™ smart?

Wocket™ smart wallet protects all of your private information inside an electronic vault while reducing the number of cards in your wallet. Dynamic pairing for authentication and encrypted data transfer with other secondary devices along with a plethora of new, innovative features makes Wocket™ the smartest wallet ever devised.

"How is Wocket™ different from other smart card solutions?

Wocket™ is not a smart card - it is a smart wallet. Thus, it can communicate with smart cards, but is not limited in the number, type, or method of communication of private information that typically restricts the use of a smart card. Furthermore, Wocket™ is not dependent on proximity or any other external factors to secure and choose soft-cards containing private information.

"How is Wocket™ different from other digital wallet solutions?

Rather than replace a wallet as many "digital wallet" technologies attempt to do, we chose to improve the wallet. Unlike other digital wallet solutions that depend on connectivity to choose a payment account, Wocket™ does not depend upon the cloud to select or make a payment.

"Does Wocket™ require another device, such as a cell phone?

No. Although Wocket™ does not require any other peripheral for security or "proximity sensing", Wocket™ can authenticate with secondary devices prior to transaction as an additional step in security as well as utilize a Wocket™ app on other devices to select or manage a soft-card, all without revealing private information.

"How do I access my private information?

A combination of biometrics, personal PIN or pattern provides multi-factor security for your Wocket™. Once Wocket™ verifies your identity, you can simply select whatever soft-card or information you want from the touch screen display, or in some configurations, your voce command.

"How many cards can be securely stored on a Wocket™?

Up to 10,000 cards, records, coupons, etc. and up to 100 voice commands can also be stored on Wocket™. More can be supported with optional additional memory.

The full Wocket product FAQ is available to consumers and media at

http://nxt-id.com/wocket-faq/

Interested consumers can also sign up for product info and news alerts in anticipation of the product. Advance ordering will be available following the May 28th event. http://www.wocketwallet.com/

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

NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

Forward-Looking Statements for NXT-ID

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact:

Corporate info: info@nxt-id.com

Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: +1-646-863-6519
ksmith@proactivecapital.com

Media: +1-800 665-0411

SOURCE NXT-ID, Inc

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Biometrics Sector Offering Growth Opportunities as Consumers Increasingly Prefer Digital Payment Methods, Opting for Smart Wallets such as Wocket™ and Google Wallet

Digital Wallets Designed for Eliminating the Need for Credit Cards - NXTD's Wocket™ Looks to Change the Way Consumers Make Credit Card Payments Worldwide

Consumers Get to Know NXT-ID's Smart Wallet, Wocket™, in Series of CNBC Ads Starting the Week of May 12th