Wocket - Day 3 Wrap Up @ CES 2015 jwplayer.key="2kY/GKwZ2uQZmDlQ9VYArfZt2b4+KhHX3+DM4zisgtE=";OXFORD, Conn., Jan. 9, 2015 /PRNewswire/ -- NXT-ID, Inc. (NASDAQ: NXTD and NXTDW) a biometric authentication company focused on the growing mobile commerce market, reports on highlights of the 2015 CES debut of the Wocket™ smart wallet. Wocket smart wallet was featured as one of the "11 Hot Products at CES" in a review published by Wired.com, as well as named one of the "5 Best Products Launched At CES So Far" by Newseveryday.com. Gino Pereira, CEO of NXT-ID said," CES 2015 has been a tremendous success for Wocket in terms of media interest and consumer enthusiasm for our secure payment technology. Considering the enormous amount of innovation that is at this event, with over 3000 exhibitors, we are very honored to have Wocket selected as one of the top products at CES." Wocket is a 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.All your credit, debit, loyalty, gift, ID, membership, insurance, tickets, medical information, passwords, coupons, and virtually any other card can be protected on Wocket. See the Wocket FAQ at www.wocketwallet.com. Watch the Video: Day 3 Wrap Up at CES:http://youtu.be/wEZOdJ0JcIAWired link: http://www.wired.com/2015/01/greatest-stuff-weve-seen-far-ces/Newseveryday.com link: http://www.newseveryday.com/articles/5976/20150108/ces-2015-5-best-products-launched-far.htmAbout NXT- ID Inc. -Mobile Security for a Mobile World: (NXTD) (NXTDW):NXT-ID, Inc.'s 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 Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and 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.comInvestors: investors@nxt-id.comMedia: D. Van Zant +1-800 665-0411 press@nxt-id.com
SHELTON, Conn., Oct. 27, 2014 /PRNewswire/ -- NXT-ID, Inc. (NASDAQ: NXTD and NXTDW) ("NXT-ID" or the "Company"), a biometric authentication company focused on the growing mobile commerce market issues a recent blog entry from Mr. David Tunnell, Chief Technology Officer. Mr Tunnell examines the case for a smart wallet like Wocket™. With the variety of new payment solutions being released, consumers may ask which method is best? Each new payment method has its own attributes that promise to make payments more convenient and secure. The good news is that none of these new payment methods are mutually exclusive to one another. Each has its own merit depending on where it can be used. For instance, digital wallets such as Google Wallet, Apple Pay or SoftCard (formally ISIS) may be preferable for locations that accept NFC (Near Field Communications), while another solution might be a better choice for locations that require a new barcode payment system such as being developed by major retailers like Wal-Mart, Target and Best Buy. Since none of the new payment methods can be used universally at all locations, the question remains – do you still need a wallet?Most digital wallets have one thing in common: They all are dependent upon a cell phone. Each new payment method added to a cell phone can be advantageous, depending on when and where you wish to make a payment, but there are always instances where a cell-phone based payment method may not be practical. A cell phone based payment solution may not be practical when: Getting money from an ATM. Making a purchase at one of the millions of retail outlets that have not yet replaced their existing point of sale (POS) terminals with new upgraded ones. Making payments in areas with poor connectivity to the Internet. There is a risk that your cell phone battery might run out. Bluetooth does not pair, which may occur with certain methods that require Bluetooth connection with the phone. Then, there is the issue of cash. There are still instances you may need cash or other private information that you want to secure but can't afford to leave at home. These are just some examples of when you may wish you had your wallet with you. Smart wallets add electronics to wallets and purses so that you keep your private information secure, only accessible by you. Smart wallets also securely store all of your personal information, not just payment accounts. Furthermore, smart wallets are agnostic to the payment method, capable of supporting new payment methods as they emerge.So, no matter whether you choose one or more new payment methods associated with your cell phone, there will always be a reason you wished you had a smart wallet. We encourage you to take a look at the features of the Wocket™ Smart Wallet and how it might benefit not only your shopping experience, but also all aspects of your wallet by giving you peace of mind with added security to all your personal information.About NXT- ID Inc. -Mobile Security for a Mobile World: (NXTD) (NXTDW):NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.comNXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification that has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net.Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.Contact: Corporate info: info@nxt-id.com Investor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com Media: 800-665-0411 dvanzant@investorideas.com
SOURCE NXT-ID, Inc.
RELATED LINKS http://www.wocketwallet.com http://www.nxt-id.com
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.htmlWocket™ 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.pdfApple, 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#ixzz34puAiNyNIn 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. 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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
SHELTON, Conn., June 19, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, today announced that it will begin accepting Bitcoin for Wocket™ purchases. In the next few days customers will be able to pay for pre-orders with Bitcoin as well as Visa, Mastercard, American Express, Discover and Paypal.Bitcoin is being increasingly accepted at forward thinking companies such as Virgin Atlantic, Expedia, Tesla, Zynga and Tiger Direct.Mr. Gino Pereira, CEO of NXT-ID, Inc. said, "It is important that, as a leading company in the modernization and digitization of the physical wallet, we support digital currencies such as Bitcoin. Peer to peer transactions will be a significant component of the payment industry going forward. NXT-ID intends to participate in this segment not only as a retailer accepting digital currencies, but also as an enabler of peer to peer transactions with encrypted communication in future versions of Wocket."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.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. can also be stored on Wocket™.The Wocket retails for $149.99. Advance order a Wocket at: http://www.wocketwallet.com/About NXT-ID Inc. - Mobile Security for a Mobile WorldNXT-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. NXT-ID's 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-IDThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Contact Corporate info: info@nxt-id.com Investor Inquiries: Kirin Smith, ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecrg.com Media: 800-665-0411
SHELTON, Conn., June 13, 2014 /PRNewswire/ -- NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing m-commerce market, releases a video of the next generation smart wallet, Wocket™, designed to replace all the cards in your wallet, executing a financial transaction. Mr. Gino Pereira, CEO of NXT-ID, Inc. explains step-by-step how to make a Wocket transaction: "All your important personal information is secured on a tamper-proof encrypted chip on your Wocket, so if you were to lose your wallet, there is no payment information available to be stolen. Using your Wocket is simple:1. To access a card for payment, you would first verify your identity by using a spoken password (Wocket recognizes your voice), or by entering a PIN or image on the touch screen.2. Touch the drop-down menu at the top left of the screen. You will see a list of categories such as debit, credit, loyalty etc. and select the appropriate category.3. Choose the card you wish to use on the touchscreen and remove the WocketCard from your Wocket.4. Swipe your WocketCard as you would any regular credit card.Wocket is also capable of producing a "wocket number" which is a one-time use encrypted card number to prevent skimming attacks and protect your private card information. This technology can also be applied to online transactions, making card processing much more secure using today's existing payment infrastructure." See demo video at https://www.youtube.com/watch?v=EMUpEMv9O2YWocket™ 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.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™.The Wocket retails for $149.99. Advance order a Wocket at: http://www.wocketwallet.com/About NXT-ID Inc. - Mobile Security for a Mobile WorldNXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/NXT-ID's 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-IDThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Contact
Corporate info: info@nxt-id.com Investor inquiries: Kirin Smith, ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecrg.com Media: 800-665-0411
BOSTON, June 11, 2014 /PRNewswire/ -- SoundView Technology Group: We attended the NXT-ID (OTCQB:NXTD) (OTCBB: NXTD) Wocket(TM) smart wallet launch event in NYC on May 28th and were pleased with the number of features present in the device demonstrated and encouraged by early consumer reaction to the Wocket.Just one week later we heard Rudy Giuliani talk about how cyber crime has reached "crisis proportions" because "all our sensitive data is in the cloud for criminals to access." His sentiment helps explain why a secure device like the Wocket will be a preferred solution for sensitive financial and other key data. NXT-ID is offering pre-orders for the Wocket smart wallet (www.wocketwallet.com) at $149 and the first shipments to customers are planned for late September. After a review we are keeping our 2014 forecast of 40,000 units and will be evaluating consumer response in order to validate our longer term projects. We're also introducing a longer term intrinsic value (IV) estimate of $20.55 for 2015. With a current IV estimate of $11.70 we think growth investors will find the risk/reward of this situation to be attractive.We previously stated in a prior update, " We believe in the digital conversion of our "wallet" over time and know that mobile devices alone won't be the answer for many years due to power limits, lack of privacy and security concerns. Nobody knows if the NXT-ID Wocket is going to be "the one" but we do know that so far it's the most well designed product we have seen that is coming to market this year."Our NXT research update (PDF) is available here: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_Update_Note_Final_June_2014.pdfCOMPANY OVERVIEWNXT-ID is an emerging technology company that is building an innovative, next generation information security platform using advanced biometric technology to enable secure transactions, identity management, and access control via mobile and other devices in an intuitive, cost-effective and easy-to-use manner. Led by CEO Gino Pereira and CTO David Tunnell, the company has three distinct lines of business: law enforcement, m-commerce, and biometric access control application."NXT-ID is creating a new paradigm for information security beyond the password that is based on innovative biometric technology."Past reports and related research can be found on our website at http://soundview.co/infosec.Disclosure: SoundView Technology Group is providing fee-based advisory services to NXT-ID on investment positioning, strategy and business development. Our research opinions are our own and based as much as possible on factual information and observations. Additional information about SoundView can be found at http://soundview.co.Kris Tuttle SoundView Technology Group kris@soundview.co +1-617-828-6462
SOURCE NXT-ID, Inc.
RELATED LINKS http://nxt-id.com/ http://soundview.co
BOSTON, June 11, 2014 /PRNewswire/ -- We attended the NXT-ID (OTCQB:NXTD) Wocket(TM) smart wallet launch event in NYC on May 28th and were pleased with the number of features present in the device demonstrated and encouraged by early consumer reaction to the Wocket.Just one week later we heard Rudy Giuliani talk about how cyber crime has reached "crisis proportions" because "all our sensitive data is in the cloud for criminals to access." His sentiment helps explain why a secure device like the Wocket will be a preferred solution for sensitive financial and other key data. NXT-ID is offering pre-orders for the Wocket smart wallet (www.wocketwallet.com) at $149 and the first shipments to customers are planned for late September. After a review we are keeping our 2014 forecast of 40,000 units and will be evaluating consumer response in order to validate our longer term projects. We're also introducing a longer term intrinsic value (IV) estimate of $20.55 for 2015. With a current IV estimate of $11.70 we think growth investors will find the risk/reward of this situation to be attractive.We previously stated in a prior update, " We believe in the digital conversion of our "wallet" over time and know that mobile devices alone won't be the answer for many years due to power limits, lack of privacy and security concerns. Nobody knows if the NXT-ID Wocket is going to be "the one" but we do know that so far it's the most well designed product we have seen that is coming to market this year."Our NXT research update (PDF) is available here: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_Update_Note_Final_June_2014COMPANY OVERVIEWNXT-ID is an emerging technology company that is building an innovative, next generation information security platform using advanced biometric technology to enable secure transactions, identity management, and access control via mobile and other devices in an intuitive, cost-effective and easy-to-use manner. Led by CEO Gino Pereira and CTO David Tunnell, the company has three distinct lines of business: law enforcement, m-commerce, and biometric access control application."NXT-ID is creating a new paradigm for information security beyond the password that is based on innovative biometric technology."Past reports and related research can be found on our website at http://soundview.co/infosec.Disclosure: SoundView Technology Group is providing fee-based advisory services to NXT-ID on investment positioning, strategy and business development. Our research opinions are our own and based as much as possible on factual information and observations. Additional information about SoundView can be found at http://soundview.co.Kris Tuttle SoundView Technology Group kris@soundview.co +1-617-828-6462
SOURCE NXT-ID, Inc.
RELATED LINKS http://nxt-id.com/ http://soundview.co
SHELTON, Conn., June 10, 2014 /PRNewswire/ -- NXT-ID, Inc. (OTCQB:NXTD), a biometric authentication company focused on the growing mobile commerce market, revealed today its Wocket™ Smart Wallet will include a password storage feature, further demonstrating the versatility of Wocket™ to store and protect a wide range of private information. With this password list feature, Wocket™ owners can store and securely access all their login credentials such as usernames and passwords on a Wocket™ in addition to payment, loyalty, identity and other cards typically held within a wallet. Users will be soon be able to utilize Wocket™ for secure, biometrically locked, password storage in lieu of similar online solutions where data is at risk."Passwords continue to be a difficult issue for consumers. 2013 was clearly the "Year of Personal Data Breach", with 110 million credit and debit card account numbers lost to hackers by Target alone," says David Tunnell, CTO of NXT-ID. "Heartbleed and other security vulnerabilities demonstrate the need for a new method for consumer's to protect their private data. Users all over the world utilize online password storage services to store thousands of passwords behind one master password. If a hacker were to gain access to that one master password, they would gain access to all the user's passwords. That is the root of the problem with online storage of private data."Wocket™ enables users to store and encrypt their passwords locally, and securely inside their own smart wallet. Wocket™ owners will also be able to store other sensitive information such as Social Security Numbers and insurance cards on Wocket™ instead of online servers and applications where their identity is potentially vulnerable.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™.Advance ordering is available at http://www.wocketwallet.com/The Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/About NXT-ID Inc. - Mobile Security for a Mobile WorldNXT-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 smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/NXT-ID's 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/This press release shall not constitute an offer to sell or a solicitation of an offer to buy, the Company's securities.Forward-Looking Statements for NXT-IDThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.Contact: Corporate info: info@nxt-id.com Investor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com Media: 800-665-0411
SOURCE NXT-ID, Inc.
RELATED LINKS http://www.wocketwallet.com/ http://nxt-id.com/wocket-faq/ http://3d-id.net/ http://www.nxt-id.com/
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.comInvestor Inquiries: Kirin Smith ProActive Capital Group Direct: 646 863 6519 ksmith@proactivecapital.comMedia: 800 665-0411
SHELTON, Connecticut, May 28, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) (OTCBB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces Olivia Culpo, former Miss Universe , Miss USA and Miss Rhode Island, will be a celebrity guest attending the corporate launch event and press conference for its next generation, biometrically secure smart wallet, Wocket™. The event will take place today on May 28th at the Plaza Hotel from 3:00- 5:00 p.m.The event will give consumers and media a first-hand look at the Wocket™ Smart Wallet and the Wocket™ Card. Following the event, consumers will be able to pre-order Wocket™ online by visiting: http://www.wocketwallet.com/.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.The Wocket product FAQ is available to consumers and media at http://www.wocketwallet.com/To attend please send requests to info@nxt-id.com or call 800-665-0411.About Olivia Culpo:Olivia Culpo was crowned Miss Universe 2012. She was the first American representative in 15 years to win the title. Earlier that year, representing the State of Rhode Island, Culpo also won the title of Miss USA.About NXT-ID Inc. - Mobile Security for a Mobile WorldNXT-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/ and http://www.wocketwallet.com/NXT-ID's 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-IDThis 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.comInvestor Inquiries: Kirin Smith, ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecrg.comMedia: 800-665-0411
SHELTON, Conn., July 22, 2014 /PRNewswire/ -- NXT-ID, Inc., (NXTD: OTCQB) a biometric authentication company focused on the growing m-commerce market, announces its next generation smart wallet, Wocket™, will be featured on NewsWatch, a weekly 30-minute consumer oriented television show that airs on the History Channel, FYI Network, and ION Network. NewsWatch regularly features top technology products and services. The segment will air on July 31st on the History Channel (6:00-6:30am ET/PT) and the FYI Network (7:00-7:30am ET). The ION Network segment will air on August 11th from 5:30am-6:00am ET/PT. 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™.Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99. The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq.About NewsWatchNewsWatch is a weekly 30-minute consumer oriented television show that airs on the History Channel, FYI Network, and ION Network. NewsWatch regularly features top technology products and services, mobile applications for iOS, Android, and Windows devices, unique and beautiful travel destinations around the world, health and medical tips, and entertainment interviews on the show. NewsWatch airs on the History Channel at 6:00 – 6:30 AM ET/PT and on the FYI Network from 7:00 – 7:30 AM ET. NewsWatch is located in the greater Washington, DC area and has been on air for over 25 years. For more information or to watch the most recent episode, visit http://newswatchtv.com. About NXT- ID Inc. -Mobile Security for a Mobile WorldNXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.comNXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification that 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-IDThis 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. ContactCorporate info: info@nxt-id.com Investor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com Media: 800-665-0411
SOURCE NXT-ID, Inc.
RELATED LINKS http://www.wocketwallet.com http://www.nxt-id.com
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/#.U8VRpMJOWHsSmartphone 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.aspxFinancialNewsMedia.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 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.Contact Information: Company: FN Media Group, LLC Contact email: editor@financialnewsmedia.com U.S. Phone: +1(954)345-0611 URL: http://www.financialnewsmedia.com
SHELTON, Conn., July 8, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces the weekly schedule for its second series of 30 second spots on CNBC for its next generation smart wallet, Wocket™. The ads began airing Monday, July 7th on Squawk Box and Fast Money. The new ad, "Introducing Wocket™, the Smart Wallet", comparing traditional bulky wallets with the Wocket is part of a new campaign that will include a social media contest that will be announced shortly. The CNBC advertisements will air daily between 7:00am and 7:30am on Squawk Box and between 12:00pm and 12:30pm on Fast Money Half Time.Wocket™ is a smart wallet, the next evolution following 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™.Wocket™ is now available for advance ordering at http://www.wocketwallet.com at a price of $149.99. The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq.About NXT- ID Inc. -Mobile Security for a Mobile WorldNXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.comNXT-ID's wholly owned subsidiary, 3D-ID LLC, who 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-IDThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Contact
Corporate info: info@nxt-id.com Investor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com Media: 800-665-0411
SOURCE NXT-ID, Inc.
RELATED LINKS http://www.wocketwallet.com http://www.nxt-id.com
SHELTON, Conn., July 2, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, reports that CEO Mr. Gino Pereira was interviewed on July 1st on the Downtown Dave radio show in Tampa Florida. Mr. Pereira discusses the company's next generation smart wallet with the radio host Cedric Harris and how the Wocket™ aims to replace a traditional wallet with a new sleek, secure alternative. Cedric Harris tells Gino he has never heard of the Wocket and asks "are there other digital wallets- and if so how is the Wocket different?"Mr. Pereira shares how the Wocket is very different from Google Wallet and other digital wallets that are basically apps that work on a smartphone. He notes that all consumers are not quite ready for this technology, having security concerns. He goes on to explain that most consumers are quite happy paying using a credit card and how the Wocket and its card will fill the gap. It addresses all of the concerns from both the consumer and the retailer, as a lot of retailers are not set up for adoption of the app technology.Mr. Pereira also discusses in the interview that 50% of consumers surveyed are not comfortable putting their payment information on a smartphone. He explains how the Wocket's biometrically secure technology; all separate from a smartphone prevents payment and identity theft. Host Cedric Harris declares in the interview after hearing how the Wocket works, "So I guess you can pretty much throw your old wallet away." Downtown Dave radio show airs in Florida on WTAN 1340 AM Clearwater, WDCF 1350 AM Dade City, WZHR 1400 AM Zephyrhills, and in Arkansas on KLRG 880 AM Little Rock.Hear the interview: http://nxt-id.com/ceo-mr-gino-pereira-interview-july-1st-downtown-dave-radio-show-tampa-florida.Wocket™ is a smart wallet, the next evolution following 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™.Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99. The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faqAbout NXT- ID Inc. -Mobile Security for a Mobile WorldNXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.comNXT-ID's 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-IDThis 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. ContactCorporate info: info@nxt-id.com Investor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com Media: 800-665-0411
CORAL SPRINGS, Florida, July 1, 2014 /PRNewswire/ --Smart technology emphasis grows in biometrics sector as smart wallets pave way for convenience and improved security: NXT-ID, Inc. (OTCBB: NXTD), eBay Inc. (NASDAQ: EBAY), Google Inc. (NASDAQ: GOOG), Apple Inc. (NASDAQ: AAPL), Visa Inc. (NYSE: V) and MasterCard Corporation (NYSE: MA)NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce that the second series of 30 second spots on CNBC for its next generation smart wallet, Wocket™, will begin the week of July 7th. The new ad, "Introducing Wocket™, the Smart Wallet", will air on Squawk Box, Squawk on the Street and Street Signs. The ad focuses on the visual of a big fat bulky wallet ending up in the wrong hands with your most personal information all gone; your credit cards, your membership cards, gift cards, all gone. Replacing them is a nightmare. It then poses the question, "what if there was a better way?"To read the full NXTD press release, please click here:http://www.fnmprofiles.com/profiles-nxtd.htmlWocket™ is a smart wallet, the next evolution following 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.Smart Technology Commentary: "Cash, credit or smartphone?" isn't something you're likely to hear at a retailer or restaurant. Mobile ordering can be a major perk of buying things with your smartphone, depending on which app you use. For instance, PayPal's (NASDAQ: EBAY) app supports phone-based ordering at some restaurants. The other big selling point for in-store mobile payments is that some merchants offer special deals and coupons to those who use them. For instance, Google (NASDAQ: GOOG) Wallet has deals with several different retailers to automatically log your purchases to their loyalty programs.There's no mobile wallet service that works at every store, and those that depend on near-field communication (where you wave your phone over the payment terminal to make a purchase) either don't work on Apple's (NASDAQ: AAPL) iPhone, or require you to buy a special, rather pricey case. Read this full article on FoxBusiness at http://www.foxbusiness.com/personal-finance/2014/06/27/is-mobile-wallet-right-for/In other technology developments: SmartMetric, Inc. started patent infringement proceedings against the payments card giants, Visa Inc (NYSE: V) and MasterCard (NYSE: MA) International some three and a half years ago in the Southern District Court of California. The lawsuit brought by SmartMetric, Inc. is over the use of its patented technology by the payments card monoliths in respect of the new EMV chip cards that are being issued in the United States. Read the full release at http://finance.yahoo.com/news/smartmetric-patent-infringement-case-brought-124500558.htmlFinancialNewsMedia.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. 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Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by a non-affiliated third party.FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". 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SHELTON, Conn., June 30, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) (OTCBB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce that the second series of 30 second spots on CNBC for its next generation smart wallet, Wocket™, will begin the week of July 7th. The new ad, "Introducing Wocket™, the Smart Wallet", will air on Squawk Box, Squawk on the Street and Street Signs. The ad focuses on the visual of a big fat bulky wallet ending up in the wrong hands with your most personal information all gone; your credit cards, your membership cards, gift cards, all gone. Replacing them is a nightmare. It then poses the question, "what if there was a better way?" Wocket™ is a smart wallet, the next evolution following 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™.Wocket™ is now available for advance ordering at http://www.wocketwallet.com at a price of $149.99. The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq.About NXT- ID Inc. -Mobile Security for a Mobile World NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com.NXT-ID's 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. ContactCorporate info: info@nxt-id.comInvestor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com Media: 800-665-0411
SHELTON, Conn., May 14, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announcesOlivia Culpo, former Miss Universe , Miss USA and Miss Rhode Island, will be the featured celebrity guest attending thefirst corporate launch event and press conference for its next generation, biometrically secure smart wallet, Wocket™. The event will take place in New York City on May 28th at the Plaza Hotel from 3:00- 5:00 p.m. The event will give consumers and media a first-hand look at the Wocket™ Smart Wallet, the Wocket™ Card, its new logo and brand images, new consumer video and new packaging. Following the event, consumers will be able to pre-order Wocket™ online by visiting: http://www.wocketwallet.com/. The Wocket™ has recently been featured in online media, radio and television. On Friday May 9th on Channel 3, Eyewitness News (WFSB) in CT, CEO Gino Pereira gave viewers an inside look at how the Wocket™ becomes your own personal vault for securing your identity and your payment information.Watch the full video: http://www.wfsb.com/story/25478720/wocket-smart-wallet-stores-information-for-hundreds-of-credit-and-gift-cardsThe Company also announced earlier this week that the first CNBC advertisements will air on Squawk Box, Squawk on the Street and Street Signs beginning Wednesday, May 14th, 2014. 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.The Wocket product FAQ is available to consumers and media at http://www.wocketwallet.com/The PLAZA May 28th event is limited to one hundred attendees consisting of media and shareholders. To attend please send requests to info@nxt-id.com or call 800 665 0411. About Olivia Culpo:Olivia Culpo was crowned Miss Universe 2012. She was the first American representative in 15 years to win the title. Earlier that year, representing the State of Rhode Island, Culpo also won the title of Miss USA. About NXT-ID Inc. - Mobile Security for a Mobile WorldNXT-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/ and http://www.wocketwallet.com/NXT-ID's 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@proactivecrg.com Media: 800 665-0411
SHELTON, Connecticut, April 23, 2014 /PRNewswire/ --NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market announces the roll out of the first 30 second ads to be aired on CNBC starting the week of May 12th. The consumer ads will feature the company's next generation smart wallet, Wocket™, created to securely replace all the credit cards and loyalty cards in your wallet.The CNBC ads are part of a consumer marketing campaign to create brand awareness for Wocket™. Included is a press conference and marketing event to be held at the Plaza Hotel in New York City on May 28th, where the new image, logo, packaging, video and product demonstration will be revealed.Mr. Gino Pereira, CEO of NXT-ID, Inc. said, "With current events highlighting the devastating extent of identity theft and compromised credit cards and passwords, Wocket™ is a product for today's unsecure world. The CNBC audience are ideal candidates for Wocket as is every household in the United States."Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.Media and shareholders wishing to attend the May 28th event can email info@nxt-id.comWocket Consumer FAQ: "What is Wocket ™?Wocket™ is a smart wallet. Like the smart phone and smart watch, NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices."What does Wocket™ do?Wocket™ locks all of your private information in an electronic "vault", where only an authenticated owner can authorize access to the data. Thus, you can "lock it with Wocket™ in your pocket", protecting your private information from unauthorized access."What makes Wocket™ smart?Wocket™ smart wallet protects all of your private information inside an electronic vault while reducing the number of cards in your wallet. Dynamic pairing for authentication and encrypted data transfer with other secondary devices along with a plethora of new, innovative features makes Wocket™ the smartest wallet ever devised."How is Wocket™ different from other smart card solutions?Wocket™ is not a smart card - it is a smart wallet. Thus, it can communicate with smart cards, but is not limited in the number, type, or method of communication of private information that typically restricts the use of a smart card. Furthermore, Wocket™ is not dependent on proximity or any other external factors to secure and choose soft-cards containing private information."How is Wocket™ different from other digital wallet solutions?Rather than replace a wallet as many "digital wallet" technologies attempt to do, we chose to improve the wallet. Unlike other digital wallet solutions that depend on connectivity to choose a payment account, Wocket™ does not depend upon the cloud to select or make a payment."Does Wocket™ require another device, such as a cell phone?No. Although Wocket™ does not require any other peripheral for security or "proximity sensing", Wocket™ can authenticate with secondary devices prior to transaction as an additional step in security as well as utilize a Wocket™ app on other devices to select or manage a soft-card, all without revealing private information."How do I access my private information?A combination of biometrics, personal PIN or pattern provides multi-factor security for your Wocket™. Once Wocket™ verifies your identity, you can simply select whatever soft-card or information you want from the touch screen display, or in some configurations, your voce command."How many cards can be securely stored on a Wocket™?Up to 10,000 cards, records, coupons, etc. and up to 100 voice commands can also be stored on Wocket™. More can be supported with optional additional memory. The full Wocket product FAQ is available to consumers and media athttp://nxt-id.com/wocket-faq/Interested consumers can also sign up for product info and news alerts in anticipation of the product. Advance ordering will be available following the May 28th event. http://www.wocketwallet.com/About NXT-ID Inc. - Mobile Security for a Mobile World NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/Forward-Looking Statements for NXT-IDThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.Contact:
Corporate info: info@nxt-id.com
Investor Inquiries: Kirin Smith ProActive Capital Group Direct: +1-646-863-6519 ksmith@proactivecapital.com
SHELTON, Conn., April 16, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announced today that it will be featuring its next generation smart wallet, Wocket™, designed to replace all the cards in your wallet in a CNBC ad campaign starting in May. The add roll-out will commence prior to the previously announced May 28th press conference and marketing event to held at the Plaza Hotel in New York City.The ad campaign will focus on Wocket™'s launch and its potential to revolutionize the payment industry.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.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™.Mr. Gino Pereira, CEO of NXT-ID, Inc. said in regards to the upcoming ad campaign, "According to Travelers Insurance Company, 44% of all identity theft in the United States stems from a lost or stolen wallet. Approximately 12 million people a year fall victim to identity fraud. Wocket™ is the solution to this epidemic. Wocket replaces your existing wallet and stores all the cards that you own in a secure environment and utilizes one dynamic card to represent all your cards." Starting dates and air times for the ad campaign on CNBC will be announced shortly. The May 28th event will introduce Wocket™, its new brand identity and marketing roll out. Media and shareholders wishing to attend the May 28th event can email info@nxt-id.com.Wocket Consumer FAQ: "What is Wocket ™?Wocket™ is a smart wallet. Like the smart phone and smart watch, NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices."What does Wocket™ do?Wocket™ locks all of your private information in an electronic "vault", where only an authenticated owner can authorize access to the data. Thus, you can "lock it with Wocket™ in your pocket", protecting your private information from unauthorized access."What makes Wocket™ smart?Wocket™ smart wallet protects all of your private information inside an electronic vault while reducing the number of cards in your wallet. Dynamic pairing for authentication and encrypted data transfer with other secondary devices along with a plethora of new, innovative features makes Wocket™ the smartest wallet ever devised."How is Wocket™ different from other smart card solutions?Wocket™ is not a smart card - it is a smart wallet. Thus, it can communicate with smart cards, but is not limited in the number, type, or method of communication of private information that typically restricts the use of a smart card. Furthermore, Wocket™ is not dependent on proximity or any other external factors to secure and choose soft-cards containing private information."How is Wocket™ different from other digital wallet solutions?Rather than replace a wallet as many "digital wallet" technologies attempt to do, we chose to improve the wallet. Unlike other digital wallet solutions that depend on connectivity to choose a payment account, Wocket™ does not depend upon the cloud to select or make a payment."Does Wocket™ require another device, such as a cell phone?No. Although Wocket™ does not require any other peripheral for security or "proximity sensing", Wocket™ can authenticate with secondary devices prior to transaction as an additional step in security as well as utilize a Wocket™ app on other devices to select or manage a soft-card, all without revealing private information."How do I access my private information?A combination of biometrics, personal PIN or pattern provides multi-factor security for your Wocket™. Once Wocket™ verifies your identity, you can simply select whatever soft-card or information you want from the touch screen display, or in some configurations, your 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.The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/.Interested consumers can also sign up for product info and news alerts in anticipation of the product. Pre-ordering will be available following the May 28th event. http://www.thewocket.com/, http://www.wocketwallet.com/About NXT-ID, Inc. -Mobile Security for a Mobile World NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/NXT-ID's 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.comInvestor Inquiries: Kirin Smith ProActive Capital Group Direct: 646 863 6519 ksmith@proactivecapital.comMedia: 800 665-0411
SOURCE NXT-ID, Inc.
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