Friday, May 23, 2014

Breaking Tech News: NXT-ID's (OTCQB: NXTD) Smart Wallet, Wocket™, Included in Aite Group New Report: Money Goes Mobile

SHELTON, Conn. - May 22, 2014 (Investorideas.com Newswire) NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, reports the company's next generation smart wallet, Wocket™, was recently featured in the Aite Group New Research Report: Money Goes Mobile.

Aite Group issued a press release on the Money Goes Mobile report on May 19th. NXT-ID, Inc. has announced advance ordering for the Wocket smart wallet commences on May 28th, at 5:00 p.m. EDT.
Excerpt from Aite Report:
Founded in 2012
HQ in Shelton, Connecticut
On May 28, 2014, NXT-ID plans to launch its smart wallet offering, Wocket, at a press conference, after which it plans to accept pre-orders. The Wocket is a smart card that allows consumers to load up to 10,000 credit cards, debit cards, loyalty cards, gift cards, as well as many other types of cards in aggregate.
NXT-ID's focus appears to be on security, and it states the Wocket will be biometrically secure and accessible only through a combination of voice, PIN, or pattern sequences and that the smart card will be zeroed out after each transaction, making it useless to another if lost or stolen.
The Wocket will be available for US$149
The full report is available at: http://www.aitegroup.com/report/money-goes-mobile
According to the Aite Group in its report, "Money Goes Mobile" tracks the evolution of the digital wallet ecosystem, the mobile wallet's growing pains, and the success stories emerging as an industry ripe for change brings together the leaders that can create and deliver robust mobile wallet products.
Aite Group also breaks down the different types of digital wallet services that exist today, identifies the barriers for adoption, and examines the value propositions of the various technologies for the consumers, merchants, and payment providers.
The research is based on more than 20 interviews with executives and product managers within the financial technology industry from February to April 2014.
Aite Group's analysis indicates that technology companies and mobile payment providers should ensure that the user experience and loyalty or reward programs are paramount in their products in order to incentivize consumers to abandon traditional payment instruments and adopt mobile money.
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 will be available May 28th at http://www.wocketwallet.com/
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. http://www.wocketwallet.com/
About Aite Group
Aite Group partners with participants in the international financial services marketplace, leveraging our analysts' industry experience to challenge, to advice, and to catalyze growth through independent market research and timely consulting. Attuned to the needs and strengths of our clients, Aite Group builds bridges, brokers insight, and offers actionable advice that companies rely on to build their relationships and grow their businesses. http://www.aitegroup.com
Press release : http://www.aitegroup.com/what-customers-want%E2%80%94besides-money%E2%80%94-their-mobile-wallets
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:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Tuesday, May 20, 2014

Q&A: Award Winning Movie Producer and Businessman Chad A. Verdi Discusses Hollywood Deals and Tech Investments in Apple and NXT-ID Inc.'s (OTCQB: NXTD) Wocket

NEW YORK and POINT ROBERTS, Washington - May 19, 2014 (Investorideas.com Newswire)
Verdi to Produce/Executive Produce Three Films with Oscar winning Director Martin Scorsese: Star studded actors include Liam Neeson, Andrew Garfield, Miles Teller, Aaron Eckhart and Adam Driver
"You may see a Wocket in a very famous Pocket" - C. Verdi

Investorideas.com, a global news source covering leading topics and sectors including technology and entertainment, releases an exclusive Q&A with entrepreneurial movie producer, businessman and investor Chad A. Verdi of Rhode Island.
Mr. Verdi discusses new and recent ventures including new movie deals and his investments in game-changing technologies, including Apple and biometric mobile security company NXT-ID Inc., (OTCQB: NXTD), which is currently preparing to launch its smart wallet, the Wocket™ (www.wocketwallet.com), with advance orders starting May 28th.
Mr. Verdi notes, "I am always looking ahead and I'm never satisfied with 'good enough', My goal is to partner with the best, hire the best talent and invest in leading edge companies. Steve Jobs made Apple known for 'Think different', Richard Branson made his motto, 'Screw it , let's do it' and I live by 'Go big or go home'."
Q&A Interview:
Q: Investorideas.com
This past year has already seen you reach some key milestones; making movies with the best in Hollywood, like Martin Scorsese and your investment in NXTD is up over 300 percent in less than a year. What are you most excited about for the balance of this year?
A: Chad A. Verdi
Well, that's a tough one. I guess I am the most excited about NXTD right now, only because they are about to launch the Wocket™ this month. Wocket™ is a smart wallet with a re-programmable single credit card device that operates under a secured system using biometrics.
I feel it will change the way people make credit card payments worldwide. Everyone is trying to get in on this game with mobile payments, mobile wallets, mobile apps like LOOP and COIN. Everyone is trying to figure out the best way to do it. I think Wocket™ has the right approach; separate from your phone. Most people are concerned about what happens if they lose their phone or it gets stolen - what happens with all that payment info on your phone? With Wocket™, it's not a worry because after each transaction it basically goes back to a blank card. Your identity and payment info are safe!
It's great to think I originally invested in this a few years ago and now it may become the leader in the payment sector that I thought it would!
Q: Investorideas.com
In terms of your investments, you invest in both large companies like Apple and Yahoo and other big tech and entertainment companies but you also take risks and invest in smaller companies with emerging technology like NXTD (OTCQB: NXTD). Where do you see the biggest potential pay-off?
A: Chad A. Verdi
I obviously wish I would have had the opportunity to get into Apple from the beginning. I would have bet big on it, just like I have with NXTD (OTCQB: NXTD). Companies that take a different path from what the competition is doing represent the biggest opportunity, if it works.
Steve Jobs set the course for Apple, I still love the company but it's hard to know if the vision will stay intact. NXTD is still young and they are taking a revolutionary approach to payments and identity issues, very different from their competitors and I like that.
In my opinion, I see a big risk/reward opportunity here today because they have a product that every consumer will want and currently needs. The Wocket™ can store over 10,000 credit cards/coupons, under a secured system. It's never been done before. If they are successful in delivering this product; the sky is the limit. They could be the next Apple and that is my second-largest holding.
Q: Investorideas.com
The company stated that they will launch the Wocket™ May 28th at the Plaza Hotel in New York and will be taking advance orders for the Wocket™ once the event is done. Will you be attending and will you be buying one once advance orders are opened up?
A: Chad A. Verdi
For sure I will be there supporting them and seeing first-hand how the Wocket™ is embraced. And of course, I will be buying many, many Wockets™! I will be giving them out to all of my actor and celebrity friends in Hollywood. Soon, you may see a Wocket™ in a very famous pocket! I also love the fact that the company is promoting the Wocket like Apple does with the launch of each IPhone - it's an event. They're running commercials on CNBC news along with using the Plaza hotel for the launch. They are also bringing in Miss Universe as a celebrity guest; it a first-class event.
Q: Investorideas.com
Speaking about Hollywood and movies, you and your wife Michelle are now involved in three projects with Oscar-winning director Martin Scorsese and some of the biggest names in Hollywood. According to IMDB you have signed on Liam Neeson, Andrew Garfield, Miles Teller, Aaron Eckhart and Adam Driver. On top of this, I read that you have signed a 10 picture deal with Screen Media films. It seems like you are on fire! How did this all come about?
A: Chad A. Verdi
Yes, it's just nuts, crazy nuts! It all started when Mr. Scorsese and his producing partner Emma Koskoff agreed to join my passion project,' Bleed for This'. My wife Michelle and I met with them a few times in New York and they invited us to the premiere of 'The Wolf of Wall Street'. Then I was asked to get involved with a film called 'Bad Hurt' that was filmed in New York. Soon after that, things just escalated to where Michelle and I agreed to join Marty and Emma in his passion project called 'Silence'. The other two movies include 'The New York Review of Books: A 50 Year Argument' and then we'll produce my passion project, 'Bleed For This', the true-life story of five-time world champion, Rhode Island boxer, Vinny Pazienza.
Q: Investorideas.com
That is exciting and all happening very fast. How many years will it take you to complete these four films and what about the ten picture deal with Screen Media?
A: Chad A. Verdi
That's what's amazing. Eighteen months in regards to the four films: Bad Hurt is in post-production right now along with A 50 Year Argument. Bleed for This and Silence will be filmed this fall with completion dates no later than fall 2015, just in time for the Oscars. As far as the 10 picture deal with Screen Media Films, we are currently filming the first film called 'Almost Mercy' now and expect to release that film in December 2014. Then we begin filming the 2nd film in early 2015. The goal is to meet our obligations on the 10 picture deal prior to 1/1/2018. We are able to facilitate this because we have two production companies, The Woodhaven Production Company and Verdi Productions. Both companies are working separately and independent of one another and this gives us the capacity to handle the volume of projects we are involved with.
About the Verdi Productions and Woodhaven Production Company:
Both Verdi Productions and The Woodhaven Production Company are fully funded film production companies, covering all aspects of filmmaking from conception of script through postproduction. http://www.woodhavenfilms.com/, http://www.verdifilms.com/
About Chad Verdi
Chad A. Verdi, CEO: Chad A. Verdi is a producer and actor, known for Loosies (2011), Inkubus (2011) and Infected (2012). Full Bio: http://www.imdb.com/name/nm3838148/
Michelle L. Verdi Music and Talent Supervisor Media
Bio: http://www.imdb.com/name/nm4090091
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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Disclosure: Investorideas is currently compensated by NXTD: five thousand per month plus 144 shares from a previous agreement. Disclosure: Chad a Verdi is long NXTD share in NXTD
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
+1-800-665-0411 - Source http://www.Investorideas.com
SOURCE Investor Ideas

Wednesday, May 14, 2014

Breaking Tech News: Olivia Culpo, Former Miss Universe 2012, to Attend NXT-ID's (OTCQB: NXTD) Corporate Event for Wocket™ Smart Wallet at The Plaza Hotel on May 28th, 2014 New York City

SHELTON, CT - May 14, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: 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 the featured celebrity guest attending the first 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-cards
The 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 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:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.