Biometrics: Growing

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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.

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SOURCE FN Media Group, LLC

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SuperCom Leverages its Technology into the Fast Growing Mobile Money Market

HERZLIYA, Israel, July 21, 2014 /PRNewswire/ --

SuperCom Ltd (NASDAQ: SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and HealthCare, announced today that it intends to deploy a new solution for the fast growing 'Mobile Money' market. PureMoney[TM] is SuperCom's Mobile Money solution, which leverages its innovative and highly secure core Mobile -ID technology to provide mobile money and banking services to the unbanked. SuperCom is leveraging its existing portfolio of highly innovative technologies in order to quickly penetrate this fast growing space.

Today, it is estimated that 2.5 billion people in lower and middle-income countries are unbanked, however more than 1 billion of them have access to a mobile phone. SuperCom's strong relationships, deep understanding of customer needs and vast experience with government technology infrastructures in its target markets, puts it in a powerful position to access much of this unbanked population.

SuperCom will start offering its new solution to its existing customer base as well as to other customers in these new and fast growing markets. Furthermore, the Company intends to deploy this solution to some of its existing customers during the fourth quarter of 2014.

The development and operation of SuperCom's Mobile Money are handled out of SuperCom Inc., which is the Company's US subsidiary, based in New York City.

Commented Ordan Trabelsi, President of SuperCom Inc, "The mobile money market is still in its infancy. Projections show that by 2017, $700 billion in mobile transactions will be executed by 450 million users, representing an average annual growth rate of about 35%. We believe that our Mobile ID and Mobile Money technology, built on the back of our many years of experience in the Mobile and Electronic ID realms, will be recognized as a superior solution and we aim to win a material market share by 2016. For SuperCom, our early penetration and capture of even a small portion of this fast growing market not only represents a huge and long-term growth opportunity, but also greatly exemplifies how we are using technology innovation to provide new and immense value to our rapidly growing customer base."

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 of SuperCom Inc.
Tel: +1-212-675-4606
ordan@supercom.com

SOURCE SuperCom Ltd

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Frost & Sullivan: Growing Need to Locate People and Objects in Buildings Spurs Innovations in Indoor GPS Technology

MOUNTAIN VIEW, Calif., Feb. 11, 2014 /PRNewswire/ -- The need to locate humans and objects accurately in real time inside buildings is driving demand for indoor global positioning system (GPS) technology. End users across multiple segments including retail, security, marketing and gaming are adopting indoor GPS solutions for location sharing, asset tracking, emergency management, navigation, and context-aware delivery.

Frost & Sullivan's new analysis, Breakthrough Innovations in Indoor GPS, expects the indoor GPS market to reach more than $3.5 million in revenue by 2018. This research includes key findings, benefits, challenges, participants, the value chain, techniques and approaches, analyst insights, key patents, innovations and applications, and the future of indoor GPS technology.

For more information on this research, please email Britni Myers, Corporate Communications, at britni.myers@frost.com.

The most common tools used for indoor positioning include various types of sensors and communication networks, such as Bluetooth and Wi-fi. However, these approaches lack the level of accuracy end users expect.

"The market must maintain higher levels of accuracy without increasing complexity in implementation and integration to expand its usage in critical applications," noted Frost & Sullivan Technical Insights Research Analyst Debarun Guha Thakurta. "Developers should also invest in extensive research to find new, cost-effective techniques to locate people and objects in indoor environments with optimum precision."

There is also a need to create a standard technology for indoor GPS solutions as solution providers are currently using technologies designed for other purposes, such as communication and illumination. Technology convergence and collaboration with standardization bodies is crucial to address this requirement.

"While technology developers and investors are looking to develop a unified positioning technology that delivers seamless positioning services both indoors and outdoors without the support of a GPS, the lack of individual technologies capable of ensuring optimal accuracy and coverage could lead to the convergence of multiple futuristic technologies," observed Guha Thakurta. "With the introduction of a unified positioning system, customers will be able to locate and navigate anywhere in the world with tremendous accuracy and speed, ushering in an age where literally nothing gets lost."

Breakthrough Innovations in Indoor GPS, a part of the Technical Insights (http://www.technicalinsights.frost.com) subscription, covers the innovations in the indoor GPS technology market along with its potential to converge with other futuristic technologies to create a comprehensive unified positioning solution. This analysis also includes detailed technology analysis and industry trends evaluated following extensive interviews with market participants.

Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters and research services.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation. The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:
Britni Myers
Corporate Communications – North America
P: 210.477.8481
E: britni.myers@frost.com

Twitter: @Frost_Sullivan
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http://www.frost.com

SOURCE Frost & Sullivan

Unisys Security Experts Predict 2014 Will Be "The Year of Encryption" as Organizations Combat Growing Cyber Threats

BLUE BELL, Pa., Dec. 19, 2013 /PRNewswire/ -- Security experts at Unisys Corporation (NYSE: UIS) today predicted that the coming year will usher in broad-based adoption of encryption as enterprises respond to recent disclosures that unencrypted data traffic inside enterprises is vulnerable to detection from outsiders.

Disclosures that the U.S. government may have accessed data from the internal networks of major internet service providers have already prompted some of these companies to expand the use of encryption within their own organizations, Unisys experts noted. That activity will continue to grow in 2014, resulting in an explosion in the use of encryption tools, they said.

"Regardless of what you might think of Edward Snowden, the government contractor who leaked secrets about U.S. government surveillance, there is no denying that his disclosures have heightened awareness of cybersecurity all over the world," said Dave Frymier, Unisys chief information security officer. "Before that, many enterprises were running unencrypted data on their internal networks, which they believed were secure. Now they are beginning to use encryption internally as well, so we expect 2014 to be the year of encryption."

As a result of the Snowden disclosures, officials at the highest levels of organizations around the world will increase their focus on data loss prevention, encryption and prioritizing investments in security, Unisys experts predicted.

Frymier added that the increased use of encryption will both enable and encourage more companies to use infrastructure-as-a-service (IaaS) cloud solutions, where previously they might have had concerns about the safety of their data in the cloud.

New iPhone fingerprint readers jumpstart consumer acceptance of biometrics

Unisys experts also predicted that consumers will embrace the accuracy and ease-of-use of fingerprint readers on the new Apple iPhone, leading to a broader acceptance of biometrics in general. This could jump start a rapid growth in the use of biometrics – including fingerprint, iris scanning and facial recognition – on consumer devices as a way to protect the devices and data, as well as a method to confirm the identities of users for activities such as online retail transactions.

The acceptance of biometrics will begin the evolution away from the traditional user ID/password combination used most frequently to verify online identities.

In addition, the ability to automatically pinpoint a user's specific device as well as its geographical location will give security managers insight into the "context" of that user's attempt to access the network. Contextual authentication solutions can alert managers when, for example, someone outside of a pre-determined geographical area attempts to access their networks.

In the same way, attribute-based access controls identify access requests that fall outside a user's normal pattern, such as attempts to obtain information they don't normally access or at unusual hours. By combining these insights with other identity management methods like biometrics, security professionals can make it much more difficult for those without permission to gain access to networks and applications.

Focus on securing mobile devices and apps

Unisys experts predicted a rise in security awareness and protection techniques related to enterprise BYOD (bring your own device) programs. For example, Steve Vinsik, Unisys' vice president for global security solutions, predicted a rise in "bring your own security" scenarios, in which employees using their own mobile devices for work also employ their own security measures – often without the consent or awareness of enterprise security managers.

"That opens up a whole host of issues around how enterprises deal with people having their own security on their devices, and how that interacts with the enterprise's ability to monitor and manage that device," Vinsik said.

Frymier said software sandbox models, in which enterprises deploy mobile apps in an environment that is totally isolated from other applications, will continue to gain acceptance. By employing this model, organizations can stop, start, install and uninstall corporate mobile apps without affecting other parts of the mobile device.

Among financial institutions, advances such as embedded biometrics in mobile devices will give rise to greater acceptance of consumer banking transactions and e-commerce on mobile devices. Likewise, 2014 will see banks further exploring the use of self-service outlets and kiosks that require a combination of physical and digital security methods, including biometrics.

About Unisys

Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With approximately 22,500 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com.

Follow Unisys on Twitter.

RELEASE NO.: 1219/9215

Unisys is a registered trademark of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.

SOURCE Unisys Corporation

Unisys Security Experts Predict 2014 Will Be "The Year of Encryption" as Organizations Combat Growing Cyber Threats

New iPhone fingerprint readers jumpstart consumer acceptance of biometrics

The acceptance of biometrics will begin the evolution away from the traditional user ID/password combination used most frequently to verify online identities.

Focus on securing mobile devices and apps

About Unisys

Follow Unisys on Twitter.

RELEASE NO.: 1219/9215

Unisys is a registered trademark of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.

SOURCE Unisys Corporation

Unisys Security Experts Predict 2014 Will Be "The Year of Encryption" as Organizations Combat Growing Cyber Threats

New iPhone fingerprint readers jumpstart consumer acceptance of biometrics

The acceptance of biometrics will begin the evolution away from the traditional user ID/password combination used most frequently to verify online identities.

Focus on securing mobile devices and apps

About Unisys

Follow Unisys on Twitter.

RELEASE NO.: 1219/9215

Unisys is a registered trademark of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.

SOURCE Unisys Corporation

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

SuperCom Leverages its Technology into the Fast Growing Mobile Money Market

Frost & Sullivan: Growing Need to Locate People and Objects in Buildings Spurs Innovations in Indoor GPS Technology

Unisys Security Experts Predict 2014 Will Be "The Year of Encryption" as Organizations Combat Growing Cyber Threats

Unisys Security Experts Predict 2014 Will Be "The Year of Encryption" as Organizations Combat Growing Cyber Threats

Unisys Security Experts Predict 2014 Will Be "The Year of Encryption" as Organizations Combat Growing Cyber Threats