Security and Convenience in the Payment Industry: CEOs of Dwolla and NXT-ID's Wocket™ Share How They Plan to Revolutionize the Sector

NEW YORK and POINT ROBERTS, Washington, June 5, 2014 /PRNewswire/ --

Investorideas.com, a global news source covering leading sectors including mobile payments and payment technologies, issues a report on emerging payment technology companies Dwolla and NXT-ID, Inc (OTCQB: NXTD) (OTCBB: NXTD). Recently, InvestorIdeas attended both the Cartes Conference held in Las Vegas and the NXT-ID, Inc. Wocket™ smart wallet press conference held at the Plaza Hotel in New York, gaining insight on how the CEOs of the two companies are taking very different approaches towards solving the same problem: security in the payment industry.

The ongoing breaches that consumers and businesses are faced with daily, such as those that have affected Target and eBay, have incited the birth of new technologies including mobile apps, internet and cloud solutions and new digital wallets. They are all looking to protect our identity and make our financial transactions secure.

CEO and Founder of Dwolla Ben Milne said at Cartes, "We set money free."

The Company website says "We're not like those other big payment companies that rely on plastic cards and charge hefty fees. Instead, we've built our own network that securely connects to your bank account and allows you to move money for just $0.25 per transaction, or free for transactions $10 or less."

At the Cartes conference he told a captive audience, "We literally took everything the card does and built it into a protocol and just replaced the card and with it a whole lot of problems go out the door. This is not a philosophical idea, this has actually been built and being distributed. We are currently integrated with governments, businesses and even banks. Some regulated entities and publicly traded companies utilize our network on a daily basis and it's all without a card!"

So Dwolla aims to eliminate our plastic cards - while newcomer NXT-ID, Inc. wants to replace all the cards in your wallet (up to 10,000 if you have them) with one biometrically secure card and a Wocket™ smart wallet.

Mr. Gino Pereira, Chief Executive Officer of NXT-ID started his presentation at the Plaza by stating "Meet Wocket, the smartest wallet you will ever own."

"In the last 18 months there have been a billion breaches of private information. One in ten of us have had our identity stolen. What can we actually do about this? It turns out that 44% of identity fraud can be traced to a stolen wallet or purse. If we can do something about protecting the information in our wallets, then we can cut down tremendously on the incidents of identity fraud. That's why you need a Wocket."

He went on to explain, "You can store 10,000 pieces of information on here in your own personal vault, It can only be accessed by you, by your voice biometrically or with a PIN, or by drawing a shape on a screen. You can store all your loyalty cards, gift cards, credit cards, on a slim, easy-to-use device. We think this is the evolution of smart. You started with smartphones, you then had smart watches; this is a smart wallet."

"When you select a card that you want to use on your Wocket touchscreen, it gets programmed on the Wocket card. You hand the Wocket card to your server or attendant and they will check you out just like with any other credit card. But it's on one single card! For security, the information that is transferred onto the card is erased or zeroized a very short time after it is charged."

He closed with "This is the Wocket™, it retails for $149.99 and it's available at http://www.wocketwallet.com", followed by a public demonstration of the first financial transaction with a Wocket™.

According to a recent report from Business Intelligence, "The credit card companies themselves aren't going anywhere for now. Visa and MasterCard in particular will remain an indispensable part of the chain because they don't actually process payments. They simply provide the rails that the credit card system runs on. Credit card processors like First Data that actually do the work of processing merchants' credit card transactions on the back-end are also in a strong position."

So what is the future of payments; one card, no card? "One thing we know is the way we do it today is not ideal", said Ben Milne of Dwolla.

Mr. Gino Pereira, Chief Executive Officer of NXT-ID quoted well-known scientist Alan Kay during his presentation reminding us, "The best way to predict the future is to invent it."

See the videos: 

Video of Ben Milne, CEO and Founder of Dwolla in Las Vegas, May 14th, 2014:

http://www.youtube.com/watch?v=bDmZWxbrZHM

Video of Mr. Gino Pereira, Chief Executive Officer of NXT-ID at the Plaza Hotel in New York City, May 28th

http://youtu.be/joOi60S6LCk

About Dwolla  

Dwolla is a payment network that allows any business or person to send, request and accept money. We're not like those other big payment companies that rely on plastic cards and charge hefty fees. Instead, we've built our own network that securely connects to your bank account and allows you to move money for just $0.25 per transaction, or free for transactions $10 or less. https://www.dwolla.com/

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

NXT-ID, Inc.'s (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 smartphone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

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

About InvestorIdeas.com: 

InvestorIdeas.com is a global news source for investors following leading business sectors including mobile, tech and biometric stocks.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Sign up for our free news alerts  

http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and use our online stock directories to research stocks - including biometric and mobile payment stockshttp://www.investorideas.com/membership/

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of June 2014, NXT-ID renewed for five thousand per month and average of two thousand five hundred 144 shares (cash equivalent) for news publication and marketing of Wocket smart wallet. More info: http://www.investorideas.com/About/Disclaimer.asp  and http://www.investorideas.com/About/News/Clientspecifics.asp

BC Residents and Investor Disclaimer : 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: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

+1-800-665-0411

http://www.Investorideas.com

SOURCE Investorideas.com

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Security and Convenience in the Payment Industry: CEOs of Dwolla and NXT-ID's Wocket™ Share How They Plan to Revolutionize the Sector

NEW YORK and POINT ROBERTS, Washington, June 5, 2014 /PRNewswire/ --

Investorideas.com, a global news source covering leading sectors including mobile payments and payment technologies, issues a report on emerging payment technology companies Dwolla and NXT-ID, Inc (OTCQB: NXTD) (OTCBB: NXTD). Recently, InvestorIdeas attended both the Cartes Conference held in Las Vegas and the NXT-ID, Inc. Wocket™ smart wallet press conference held at the Plaza Hotel in New York, gaining insight on how the CEOs of the two companies are taking very different approaches towards solving the same problem: security in the payment industry.

The ongoing breaches that consumers and businesses are faced with daily, such as those that have affected Target and eBay, have incited the birth of new technologies including mobile apps, internet and cloud solutions and new digital wallets. They are all looking to protect our identity and make our financial transactions secure.

CEO and Founder of Dwolla Ben Milne said at Cartes, "We set money free."

The Company website says "We're not like those other big payment companies that rely on plastic cards and charge hefty fees. Instead, we've built our own network that securely connects to your bank account and allows you to move money for just $0.25 per transaction, or free for transactions $10 or less."

At the Cartes conference he told a captive audience, "We literally took everything the card does and built it into a protocol and just replaced the card and with it a whole lot of problems go out the door. This is not a philosophical idea, this has actually been built and being distributed. We are currently integrated with governments, businesses and even banks. Some regulated entities and publicly traded companies utilize our network on a daily basis and it's all without a card!"

So Dwolla aims to eliminate our plastic cards - while newcomer NXT-ID, Inc. wants to replace all the cards in your wallet (up to 10,000 if you have them) with one biometrically secure card and a Wocket™ smart wallet.

Mr. Gino Pereira, Chief Executive Officer of NXT-ID started his presentation at the Plaza by stating "Meet Wocket, the smartest wallet you will ever own."

"In the last 18 months there have been a billion breaches of private information. One in ten of us have had our identity stolen. What can we actually do about this? It turns out that 44% of identity fraud can be traced to a stolen wallet or purse. If we can do something about protecting the information in our wallets, then we can cut down tremendously on the incidents of identity fraud. That's why you need a Wocket."

He went on to explain, "You can store 10,000 pieces of information on here in your own personal vault, It can only be accessed by you, by your voice biometrically or with a PIN, or by drawing a shape on a screen. You can store all your loyalty cards, gift cards, credit cards, on a slim, easy-to-use device. We think this is the evolution of smart. You started with smartphones, you then had smart watches; this is a smart wallet."

"When you select a card that you want to use on your Wocket touchscreen, it gets programmed on the Wocket card. You hand the Wocket card to your server or attendant and they will check you out just like with any other credit card. But it's on one single card! For security, the information that is transferred onto the card is erased or zeroized a very short time after it is charged."

He closed with "This is the Wocket™, it retails for $149.99 and it's available at http://www.wocketwallet.com", followed by a public demonstration of the first financial transaction with a Wocket™.

According to a recent report from Business Intelligence, "The credit card companies themselves aren't going anywhere for now. Visa and MasterCard in particular will remain an indispensable part of the chain because they don't actually process payments. They simply provide the rails that the credit card system runs on. Credit card processors like First Data that actually do the work of processing merchants' credit card transactions on the back-end are also in a strong position."

So what is the future of payments; one card, no card? "One thing we know is the way we do it today is not ideal", said Ben Milne of Dwolla.

Mr. Gino Pereira, Chief Executive Officer of NXT-ID quoted well-known scientist Alan Kay during his presentation reminding us, "The best way to predict the future is to invent it."

See the videos: 

Video of Ben Milne, CEO and Founder of Dwolla in Las Vegas, May 14th, 2014:

http://www.youtube.com/watch?v=bDmZWxbrZHM

Video of Mr. Gino Pereira, Chief Executive Officer of NXT-ID at the Plaza Hotel in New York City, May 28th

http://youtu.be/joOi60S6LCk

About Dwolla  

Dwolla is a payment network that allows any business or person to send, request and accept money. We're not like those other big payment companies that rely on plastic cards and charge hefty fees. Instead, we've built our own network that securely connects to your bank account and allows you to move money for just $0.25 per transaction, or free for transactions $10 or less. https://www.dwolla.com/

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

NXT-ID, Inc.'s (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 smartphone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

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

About InvestorIdeas.com: 

InvestorIdeas.com is a global news source for investors following leading business sectors including mobile, tech and biometric stocks.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Sign up for our free news alerts  

http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and use our online stock directories to research stocks - including biometric and mobile payment stockshttp://www.investorideas.com/membership/

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of June 2014, NXT-ID renewed for five thousand per month and average of two thousand five hundred 144 shares (cash equivalent) for news publication and marketing of Wocket smart wallet. More info: http://www.investorideas.com/About/Disclaimer.asp  and http://www.investorideas.com/About/News/Clientspecifics.asp

BC Residents and Investor Disclaimer : 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: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

+1-800-665-0411

http://www.Investorideas.com

SOURCE Investorideas.com

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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.

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SOURCE FN Media Group LLC

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Latin American Bioinformatics Market by Sector, Segment & Application - Forecasts to 2017

DUBLIN, Mar. 14, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/923kjd/latin_american

) has announced the addition of the

"Latin American Bioinformatics Market by Sector, Segment & Application - Forecasts to 2017"

report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

In Latin America, bioinformatics is now widely recognized as a crucial field for research and development in agricultural, veterinary, and human health sciences. The Latin American bioinformatics market displays a lucrative growth potential. It is estimated to grow at a CAGR of 22% from 2012 to 2017 to reach $627 million by 2017. The growth of the bioinformatics market is driven by factors such as the decreasing cost of DNA sequencing, the increasing number of training and development programs on the usage of bioinformatics tools/platforms, the high concentration of bioinformatics research institutes, ongoing partnerships of academic institutions, and the formation of regional bioinformatics networks. However, the dearth of adequate infrastructural facilities and skilled professionals, presence of obsolete bioinformatics solutions, lack of government funding and investments, and less focus of global bioinformatics players on Latin American countries are factors that are restraining the growth of the market.

Based on the use of bioinformatics in various industries, the bioinformatics market is segmented into agriculture, medical, environment, forensic, academics, and others (including homeland security and defense, law-enforcement groups, bioweapon creation, antibiotic resistance, and evolutionary biotechnology). The medical biotechnology market is segmented into molecular medicine, clinical diagnostics, drug development, gene therapy, and reproductive biotechnology. On the other hand, agriculture biotechnology is segmented into crop yield improvement, insect and disease resistance, nutritional quality improvement, soil quality improvement, improvement of plant resistance against abiotic stress, and others. Furthermore, the environmental biotechnology market includes waste cleanup, alternative energy sources, climate change studies, forensics biotechnology, and others.

Based on the type of products and services, the bioinformatics market is classified into knowledge management tools, platforms, and services. The bioinformatics knowledge management tools market includes generalized and specialized knowledge management tools. The bioinformatics platforms market is segmented into sequence analysis platforms, sequence alignment platforms, sequence manipulation platforms, structural and functional analysis platforms, and others. The bioinformatics services market comprises sequencing services, database management, data analysis, and others.

The bioinformatics market has several practical applications in fields that generate large data sets. In this report, the various applications of bioinformatics include genomics, proteomics, chemoinformatics, molecular phylogenies, metabolomics, transcriptomics, and others. Brazil was the largest market in 2012 with 40% share of the Latin American bioinformatics market, followed by Mexico. However, Chile and Peru represent the fastest-growing markets due to the initiatives taken by these nations with regards to skills development of researchers as well as the ongoing academic collaborations to facilitate the adoption of bioinformatics in life sciences research. The major players in the bioinformatics industry include Agilent Technologies, Inc. (U.S.), Affymetrix, Inc. (U.S.), Life Technologies Corporation (U.S.), Illumina, Inc. (U.S.), and CLC Bio (Denmark).

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Latin America Bioinformatics Market, By Sectors

6 Latin America Bioinformatics Market, By Products & Services

7 Latin America Bioinformatics Market, By Applications

8 Geographic Analysis

9 Company Profiles

Companies Mentioned:

Accelrys, Inc. Active Motif, Inc. Affymetrix, Inc. Agilent Technologies, Inc. Clc Bio Geneva Bioinfromatics (Genebio) Sa Illumina, Inc. Life Technologies Corporation Partek, Incorporated Perkinelmer, Inc.
For more information visit http://www.researchandmarkets.com/research/923kjd/latin_american

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets

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Biometrics Spotlight: Sector Leaders Focus On Cybersecurity With Rapidly Increasing Demand for Safer Transactions

CORAL SPRINGS, Florida, March 5, 2014 /PRNewswire/ --

Biometrics companies take steps to develop products that feature advanced, leading-edge cybersecurity: NXT-ID, Inc. (OTCQB: NXTD), FireEye, Inc. (NASDAQ: FEYE), Cisco Systems, Inc. (NASDAQ: CSCO), Fortinet Inc. (NASDAQ: FTNT) and Symantec Corporation (NASDAQ: SYMC)

NXT-ID, Inc., (OTCQB: NXTD) a biometrics company focused on the growing m-commerce market, announces it will be presenting at the Defense and Security Conference, "Game Changing Technologies," to be held in New York on March 11th at The New York Hilton Midtown. The live conference will also be featured on a streaming live news and syndication platform to global media and industry followers.  The Company will join leading experts including Janice Kephart, Founder and CEO of The Secure Identity and Biometrics Association (SIBA) and cybersecurity expert and counterterrorism analyst Roger Cressey, Partner with Liberty Group.

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

Gino Pereira, Chief Executive Officer of NXT-ID, Inc. will discuss the company's innovative MobileBio™ suite of biometric solutions including its soon to be released Wocket™, 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.  

FireEye, Inc. (NASDAQ: FEYE) the leader in stopping today's advanced cyber attacks, recently announced the opening of a research and development (R&D) center in Dresden, Germany. The FireEye European R&D team will work closely with local universities to empirically test FireEye endpoint threat defense technology and research threat intelligence in tandem with existing FireEye R&D centers in Singapore and Bangalore. The new R&D center will officially open on March 4, 2014. Based in the town of Dresden, the FireEye European R&D team will conduct advanced mathematical research through techniques known as "formal methods" to validate the security of the FireEye endpoint technology. Goals of the center's research include providing statistical evidence that establish standards for threat detection efficacy for FireEye products, while continuing to advance security measures for future products.  

Cisco Systems, Inc. (NASDAQ: CSCO) recently announced it is providing CableLabs with core infrastructure and Videoscape components for a new IPTV Innovations Lab in Louisville, Colorado designed to provide cable system operator members with a state-of-the-art location for Internet Protocol (IP) video testing. IP video is one of several initiatives being driven by multiple system operators (MSOs) to develop and advance new standards for the cable industry. Global IP traffic (fixed and mobile) is predicted to grow three-fold from 2012 to 2017[1]. Consumer mobile connected devices will grow to 7.7 billion in 2017[2] (up from 5.8 billion in 2012.) The new IPTV Innovations Lab will help service providers further develop and explore the business advantages for IP video, and experiment with the innovative technologies that are advancing multiscreen and cloud-enabled user experiences.  

Fortinet Inc. (NASDAQ: FTNT) a world leader in high-performance network security - recently announced the findings of its FortiGuard threat landscape research for the period of January 1, 2013 - December 31, 2013. The complete report can be downloaded here: http://www.fortinet.com/resource_center/whitepapers/threat-landscape-report-2014.html. 2013 was a bumper crop for malware targeting mobile devices. Looking back at the entire year FortiGuard® Labs observed Android was the dominant platform of choice for malware developers, representing 96.5% of all mobile malware infections detected by FortiGuard Labs. Symbian was a distant second at 3.45% and iOS, BlackBerry, PalmOS and Windows together don't even warrant 1%.

Symantec Corporation (NASDAQ: SYMC) recently announced that it has appointed Thomas Seifert as executive vice president and chief financial officer, effective March 17. Mr. Seifert will report to Symantec president and chief executive officer Steve Bennett. "Thomas' extensive experience in finance and global operations management in the technology and wireless industries makes him the ideal executive to drive Symantec's performance forward," said Bennett. "His understanding of operational efficiencies will be instrumental to Symantec's 4.0 transformation." Mr. Seifert joins Symantec from Brightstar where he served as executive vice president and chief financial officer and managed the company's financial operations, corporate accounting, treasury and information technology. Previously, Mr. Seifert was at Advanced Micro Devices where he served as chief financial officer, chief accounting officer and, for much of 2011, its interim chief executive officer.

In other technology news:  Plug Power Inc. (NASDAQ: PLUG) gained over 14% yesterday closing at $6.69 per share on over 121 Million Shares traded by the market close.  SunEdison, Inc. (NYSE: SUNE) gained over 11% yesterday as well closing at $20.89 per share on over 30 Million Shares traded by market close.

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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 and financial marketing 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. The companies that are discussed in this release may or may not have approved the statements made 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.

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Markets Poised for Healthy 2014 as Biometrics Makes Strides in Technology Sector - Company Strengthens Board with Industry's Top Leaders

CORAL SPRINGS, Florida, December 18, 2013 /PRNewswire/ --

Tech leaders close out 2013 with beneficial internal moves and acquisitions: NXT-ID, Inc. (OTCQB: NXTD), Symantec Corporation (NASDAQ: SYMC), Avago Technologies Limited (NASDAQ: AVGO), Nuance Communications, Inc. (NASDAQ: NUAN) and Apple Inc. (NASDAQ: AAPL)

NXT-ID, Inc. (OTCQB:NXTD) Headline News:  NXT-ID Appoints Two Former MasterCard Executives to Its Newly Formed Advisory Board And Shows First Images of the Biometrically Secure Wallet, The Wocket(TM).  NXT-ID, a biometrics company focused on the growing m-commerce market, announces the appointment of two key advisory board members, Mr. Lawrence Flanagan and Mr. Ken Moy. The appointments from the card payment industry align with the company's roll-out and 2014 launch of The Wocket™, a next generation biometrically secure wallet.  "We are honored and excited to have two luminaries of the card payment world on our advisory board," said Gino Pereira, CEO of NXT-ID, Inc. "Their experience is invaluable to our future prospects and growth for The Wocket™. We look forward to growing our advisory board over the next few months with equally talented and experienced individuals."

To read the full press release and get more information & specific details regarding Mr. Flanagan and Mr. Moy, please click here: http://finance.yahoo.com/news/nxt-id-appoints-two-former-130155944.html 

NXT-ID, Inc. also released the first images of The Wocket(TM) on its corporate website and product website late last week.  About The Wocket(TM) - The Wocket(TM) is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://thewocket.com/

Symantec Corporation (NASDAQ: SYMC) has announced the recipients of the 2013 Symantec Research Labs Graduate Fellowship -- Kai Ren, a Ph.D. candidate in computer science at Carnegie Mellon University, and Christian Rossow, a postdoctoral researcher at Vrije Universiteit Amsterdam in The Netherlands and Ruhr University Bochum in Germany. Symantec Research Labs is the Company's global research division and has developed and helped commercialize numerous next-generation technologies ranging from Symantec's first antispam technology, to the technology used to help protect our nation's critical power-grid infrastructure. The Symantec Research Labs Graduate Fellowship supports graduate students who are conducting innovative research that has real-world value, in the areas of information security and storage systems.  

Avago Technologies Limited (NASDAQ: AVGO) and LSI Corporation (NASDAQ: LSI) recently announced that they have entered into a definitive agreement under which Avago will acquire LSI for $11.15 per share in an all-cash transaction valued at $6.6 billion. The acquisition creates a highly diversified semiconductor market leader with approximately $5 billion in annual revenues by adding enterprise storage to Avago's existing wired infrastructure, wireless and industrial businesses. The combined company will be strongly positioned to capitalize on the growing opportunities created by the rapid increases in data center IP and mobile data traffic. "This highly complementary and compelling acquisition positions Avago as a leader in the enterprise storage market and expands our offerings and capabilities in wired infrastructure, particularly system-level expertise," stated Hock Tan, President and Chief Executive Officer of Avago. "This combination will increase the Company's scale and diversify our revenue and customer base. In addition to these powerful strategic benefits, as we integrate LSI onto the Avago platform, we expect to drive LSI's operating margins toward Avago's current levels, creating significant additional value for stockholders."  

Nuance Communications, Inc. (NASDAQ: NUAN) has announced that Jetstar has launched a new virtual assistant called "Ask Jess" which is based on Nuance Nina Web, an intelligent virtual assistant that delivers a human-like, conversational customer service experience. Customers simply type to Jess, and Jess provides the answers. Jetstar is the first airline to deploy Nuance Nina Web virtual assistant for customer service. The new Ask Jess virtual assistant draws on Nuance Nina, an intelligent virtual assistant that leverages innovative natural language understanding technology and delivers a conversational interface to web visitors which simulates human conversation. Nuance's Natural Language Understanding (NLU) technology allows applications like Ask Jess to understand a customer's intent through an interactive, text-based chat experience. By understanding what customers want, Ask Jess makes getting information on booking, baggage and seating easier than navigating pages on a Web site. Jetstar's Ask Jess virtual assistant is also fully integrated with the company's existing live chat service, delivering a seamless handover to human support when required.  

Apple Inc. (NASDAQ: AAPL) has recently acquired patent number 8,610, 726B2 for its new technology of a built-in project for a computer. Jack Purcher states this invention could create a new category of computers, as it erases the need for a display inside the actual device itself. This computer could project information on virtually any blank surface and would also carry the benefit of having no external wires besides that of a power cord. AAPL closed down .45% on Tuesday afternoon on over 6.7 million shares traded.

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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 and financial marketing 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.  The companies that are discussed in this release may or may not have approved the statements made 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.  FNMG was compensated one thousand four hundred dollars for the dissemination of the news released 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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