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Showing posts with label Files. Show all posts

Smart Wallet Manufacturers and Technology Advancers Lead Growing m-Commerce Market - Company Files for NASDAQ Up Listing

CORAL SPRINGS, Florida, June 17, 2014 /PRNewswire/ --

Biometrics & Technology Briefing for companies making strides to improve various technology platforms as digital wallets, ecommerce/m-commerce market continues to evolve and grow at a rapid pace: NXT-ID, Inc. (OTCQB: NXTD), Apple, Inc. (NASDAQ: AAPL), eBay Inc. (NASDAQ: EBAY), Google Inc. (NASDAQ: GOOGLE), Visa Inc. (NYSE: V), MasterCard Incorporated (NYSE: MA) and Microsoft Corporation (NASDAQ: MSFT)

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, today announced that it has filed an application for listing on The NASDAQ Capital Market. Such listing is dependent on the Company meeting all of the necessary listing requirements of the NASDAQ.  Mr. Gino Pereira, CEO of NXT-ID, Inc. said, "If approved, a NASDAQ listing will allow the Company access to a broader range of investors, increase shareholder liquidity and allow the company greater financial flexibility as we ramp up to the delivery of our first consumer product, the Wocket™."

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

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 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.

Last week, SoundView Technology stated they forecasted 40,000 Wocket™ units will be ordered in 2014. NXT-ID is currently accepting pre-orders for the Wocket™ smart wallet at $149 at http://www.wocketwallet.com. SoundView also estimated a longer term intrinsic value of $20.55 for 2015. With a current intrinsic value estimate of $11.70, SoundView believes investors will discover the risk/reward of to be attractive.  Read the full NXTD report at http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_Update_Note_Final_June_2014.pdf

Apple, Inc. (NASDAQ: AAPL) could one day challenge eBay's (NASDAQ: EBAY) PayPal as a major player in the digital wallet market.  PayPal is already competing with a number of players including Google (NASDAQ: GOOG), Visa (NYSE: V) and MasterCard (NYSE: MA)," wrote  Piper Jaffray analyst Gene Munster according to StreetInsider. "In addition, PayPal has the advantage of having already rolled out a product, which is now available in about 2m locations, up from 250k last year. Apple will also have to build its retail or terminal partnerships from zero today." Read the full article at: http://wallstcheatsheet.com/technology/look-out-ebay-munster-sees-digital-wallet-in-apples-back-pocket.html/?a=viewall#ixzz34puAiNyN

In other technology news: Microsoft Corporation (NASDAQ: MSFT) recently announced the arrival of its Surface Pro 3 tablet in its retail stores. To celebrate the arrival of the Surface Pro 3, all Microsoft retail stores in the U.S. and Canada will host launch day activities starting when stores open on Friday, June 20, including VIP white-glove pre-order pickup, giveaways, music, food and more. Customers may now place preorders on MicrosoftStore.com.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup. 

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 Zoned Properties, 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.

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, LLC

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SuperCom Files Form F-3 Universal Shelf Registration Statement for up to $50 Million

HERZLIYA, Israel, July 16, 2014 /PRNewswire/ --

SuperCom Ltd (NASDAQ: SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and HealthCare, announced today that it has filed a universal shelf registration statement on Form F-3 with the US Securities and Exchange Commission (SEC). The registration statement is subject to review by the SEC.

When declared effective by the SEC, the shelf registration will allow the Company the flexibility, from time to time, to offer and sell up to $50 million of equity, debt or other types of securities described in the registration statement, or any combination of such securities. There are no specific plans to offer securities under the shelf registration at this time. The terms of any future offering would be determined at the time of the offering and would be subject to market conditions and approval by the Company's Board of Directors. Any offering of securities covered by the shelf registration statement will be made only by means of a prospectus supplement authorized and filed by the Company.

The registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Commented Arie Trabelsi, CEO of SuperCom: "We have no immediate need to raise capital. However, once approved, this shelf prospectus provides us with an excellent vehicle to raise capital and fund an accretive acquisition should a potential acquisition opportunity materialize. In addition, it will provide us with the opportunity to increase working capital as necessary, to enable us to support the large contracts that exist in our pipeline of proposals and bids, if and when awarded to us."

About Supercom

Since 1988, SuperCom has been a leading global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secured Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.

SuperCom's website is http://www.supercom.com  

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements arising from the annual audit by management and the Company's independent auditors. The Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. 

Investor Relations Contacts: 

Ehud Helft & Kenny Green
GK Investor Relations
Tel: +1-646-201-9246
supercom@gkir.com

Company Contact: 

Ordan Trabelsi, President North America
Tel: +1-212-675-4606
ordan@supercom.com

SOURCE SuperCom Ltd

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