Marvin Test Solutions Secures $3.2M Order for Modular Military Precision Guided Target Simulators

IRVINE, Calif., June 10, 2014 /PRNewswire/ -- Marvin Test Solutions, a trusted provider of globally deployed innovative test solutions for military, aerospace, and manufacturing organizations today announced it garnered a $3.2M contract for its MTS-916 Modular Target Simulators from an overseas military customer. A state-of-the-art target simulator for optically guided weapons, the MTS-916 replaces multiple obsolete target simulators for AGM-65, TGM-65 Maverick, and AGM-114 Hellfire missiles and guidance sections, as well as MAU-169 Paveway target seeker kits.

"We have a long and successful history designing and developing innovative military systems to make test easy and overcome obsolescence. We used this experience to create the MTS-916 and to meet the critical need for an accurate and reliable target simulator that can reliably test the new generation of optically guided weapons and integrate seamlessly with legacy maintenance and sustainment systems," said Major General Steve Sargeant, USAF (Ret.), and CEO of Marvin Test Solutions. "In addition to being highly sought after to replace wide-spread obsolescence in target simulators, the MTS-916 is also a cost-effective solution."

The MTS-916 combines visible TV/CCD, infrared (IR), and laser seeker support into a rugged, compact system. Its modular design features two main subassemblies, simplifying system repair and maintenance. The MTS-916 offers maintainers a ruggedized system that meets MIL-STD-810 temperature, shock, vibration, and humidity requirements as well as MIL-STD-461 EMI specifications. It can be used for I-level and D-level maintenance and can also operate in harsh environments. Since its release, the MTS-916 has been successfully deployed globally in many countries.

MTS-916 and MTS-206 Provide a Rugged Flightline Solution
Used in conjunction with the state-of-the-art MTS-206 portable test set for the AGM-65 Maverick and AGM-114 Hellfire Missile systems, the MTS-916 target simulator delivers high reliability, offers a reduced footprint, and features better automation than the legacy test sets it replaces. The combination of the MTS-206 and MTS-916 provides a rugged flightline solution for testing, troubleshooting, and boresighting of missiles.

The MTS-916 target simulator is compatible with the legacy AN/DSM-157 guided missile test set (GMTS) and is designed to replace the manually operated AN/DSM-129 and AN/DSM-787 legacy target simulators.

About Marvin Test Solutions
Marvin Test Solutions is a vertically integrated aerospace test and measurement company that has delivered innovative solutions for factory, flightline, intermediate-level, and depot-level applications since 1988. As a member of the Marvin Group, an award-winning aerospace company with a 50-year history in the Defense and Commercial Aerospace industries, Marvin Test Solutions has test systems deployed in support of most of the major defense aircraft and munitions in use around the world. Marvin Test Solutions delivers full-spectrum test solutions that make test, maintenance, and sustainment of the most mission-critical systems easier and less costly.

Media/Customer Contact: Mike Dewey, MikeD@marvintest.com

SOURCE Marvin Test Solutions

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NXT-ID, Inc. Announces Wocket™, its Next Generation Smart Wallet is now Available to Order - Put One in Your Pocket

SHELTON, Conn., May 28, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) (OTCBB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces its next generation smart wallet, Wocket™ , designed to replace all the cards in your wallet is now available to order at www.wocketwallet.com . The Wocket retail price is $149.99.

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™.

Gino Pereira, CEO of NXT-ID, Inc. said, "Today is a milestone for both NXT-ID and consumers that are concerned about the security of their wallet. We designed the Wocket specifically for the consumer of today that is still not willing to put all their payment and identity info on their smartphone. We believe Wocket is the solution that addresses security issues that consumers care about but still is convenient and easy to use."  

The full Wocket product FAQ is available to consumers and media at
http://nxt-id.com/wocket-faq/

FAQ Highlights :

"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 voice 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.

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.thewocket.com/, 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: 646 863 6519
ksmith@proactivecapital.com

Media: 800 665-0411

SOURCE NXT-ID, Inc.

RELATED LINKS
http://www.nxt-id.com

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FPC Wins DW and Initial Ramp Order for FPC1021 Touch Sensor for Flagship Smartphone from Asian OEM

GOTHENBURG, Sweden, July 8, 2014 /PRNewswire/ --

Fingerprint Cards' (FPC's) new mobile touch sensor FPC1021 has won a new design win (DW). An Asian OEM has selected FPC1021 for a flagship model with a targeted date for mass production start in August 2014.  

FPC is proud to announce this DW with an Asian smartphone OEM, which has a planned date for start of mass production in August 2014. FPC has already received an initial ramp order of SEK 5M, for delivery in the first half of July. The OEM wants to remain anonymous until further notice.

Johan Carlstr?m, President and Chief Executive Officer of FPC, comments:
"FPC recently announced its new capacitive touch fingerprint sensor FPC1021, which is 33 % smaller than FPC1020. Yesterday we announced a FPC1021 DW with a Top 5 Chinese OEM. Now it is with great pride that we announce the second DW for the FPC1021 and a related order for the initial ramp of this smartphone. FPC's superior fingerprint technology, image quality and low power consumption have distanced FPC from any competition for sockets in mobile devices such as smartphones and tablets. We expect several more design wins for our touch fingerprint sensors during the coming months."

*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to start development of one or several commercial product(s) incorporating FPC's technology into such new product(s).

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual's unique fingerprint verify the person's identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC's technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company's technology can also be used in IT and Internet security, access control, etc.

Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on July 08, 2014 at 08.00 am CET.

Important information 

Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company's securities in any jurisdiction.

For more information contact:
Johan Carlstr?m, CEO Fingerprint Cards AB (publ), +46(0)31-60 78 20, investrel@fingerprints.com

SOURCE Fingerprint Cards AB

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FPC Receives Ramp Order of SEK 18M for FPC 1020 Touch Sensor for Tier 1 Flagship Smartphone DW

GOTHENBURG, Sweden, May 5, 2014 /PRNewswire/ --

In December 2013, Fingerprint Cards (FPC) announced the first design win (DW) for its new mobile touch sensor FPC1020 with a Global Tier 1 OEM for a flagship model with a targeted launch date in the summer of 2014. On April 14, FPC announced an initial pre-ramp purchase order worth SEK 4 M for the FPC 1020, for delivery in May 2014. Now, FPC has received the first ramp order of SEK 18 M for the production ramp in May-June 2014. During 2014, FPC expects to ship +3M units for this first flagship device alone. 

Johan Carlstr?m, President and Chief Executive Officer of FPC, comments:

"FPC is the leading global supplier of capacitive touch fingerprint sensors and the leading global supplier of fingerprint sensors in mobile phones and tablets. By combining these strengths, FPC has developed the most attractive mobile touch fingerprint sensor on the planet. It is with great pride that we announce a follow-up order for the ramp so soon after the first purchase order for the FPC 1020 related to a smartphone and with a Global Tier 1 player, on track for a timely launch. FPC's superior fingerprint technology, image quality and low power consumption have distanced FPC from any competition for touch sensors in mobile devices such as smartphones and tablets."

*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to start development of one or several commercial product(s) incorporating FPC's technology into such new product(s).

About Fingerprint Cards AB (publ) 

Fingerprint Cards AB (FPC) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual's unique fingerprint verify the person's identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC's technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company's technology can also be used in IT and Internet security, access control, etc.

Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on May 05, 2014 at 08.00 am CET.

Important information 

Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company's securities in any jurisdiction.

For more information contact:

Johan Carlstr?m, CEO Fingerprint Cards AB (publ), +46(0)31-60-78-20, investrel@fingerprints.com

SOURCE Fingerprint Cards AB

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