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Post by joecoffee on Dec 17, 2013 13:05:53 GMT -5
NXTD News (Marketwired) Dec. 17 2013 NXT-ID Appoints Two Former MasterCard Executives to Its Newly Formed Advisory Board NXT-ID Shows First Images of the Biometrically Secure Wallet, The Wocket(TM) SHELTON, CT--(Marketwired - Dec 17, 2013) - NXT-ID, Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces the appointment of two key advisory board members, Mr. Lawrence Flanagan and Mr. Ken Moy. The appointments from the card payment industry align with the company's roll-out and 2014 launch of The Wocket™, a next generation biometrically secure wallet. "We are honored and excited to have two luminaries of the card payment world on our advisory board," said Gino Pereira, CEO of NXT-ID, Inc. "Their experience is invaluable to our future prospects and growth for The Wocket™. We look forward to growing our advisory board over the next few months with equally talented and experienced individuals." Mr. Lawrence Flanagan is President and Founder of New Tech Haven since January 2013 and was formerly the Executive Dean at the University of New Haven College of Business. Flanagan is regarded as one of the most accomplished global marketing leaders in the country. Prior to his career in academia, he spent nearly three decades in corporate America as an executive at MasterCard Worldwide, the Procter & Gamble Company and L'Oreal USA. As the global chief marketing officer at MasterCard, he managed a $1.5 billion budget, directed marketing strategies in more than 50 countries and helped launch the company's hugely successful "Priceless" advertising campaign. He also established strategic partnerships with Major League Baseball, the PGA Tour and Champions League soccer in Europe and was part of the executive team that spearheaded MasterCard's highly successful initial public offering in 2006. He earned six Gold Effie awards from the American Marketing Association, the most prestigious honor among marketing professionals, and was recognized as one of the "25 Most Influential People in Sports" in 2004 by SportBusiness International. In 2008, the NY AdClub named Flanagan "Person of the Year". In 2013, the University of New Haven awarded a Doctor of Business Administration honoris causa to Flanagan. Flanagan, who is a former national co-chair of the CMO Collective, is active with Save the Children and previously served on the University of New Haven's Board of Governors. He is on the advisory boards of Visitdays.com and Fraud.net. The second appointment, Mr. Ken Moy, was formerly senior vice president and Group Head of US Emerging Payments at MasterCard Worldwide. Moy led the execution of the company's digital conversion strategy and managed all aspects of product development and a diverse set of existing products including online and offline payments, authentication solutions, spending controls and alerts services. He launched MasterPass, the firm's digital wallet solution and important pillar to overall strategy, achieving over 25,000 online merchants, and wallet distribution with over 20 financial institutions. Moy has extensive experience in large-scale rollouts, partnerships, corporate development, strategic planning, business administration and product management, in the technology, commerce and financial services space. He led an exclusive agreement with Google, Citibank and First Data to launch Google Wallet, the first commercially available mobile payment solutions. He also led an exclusive agreement with Intel for access to embedded technology in Intel PCs to deliver enhanced security and user experience for electronic ecommerce. Prior to his nearly 14 year career at MasterCard, Mr. Moy enjoyed a successful 10 year career at Citibank where he held a range of leadership roles in the firm's payment cards and wholesale banking businesses. He was a Smart Card Alliance Board Member from 2004-2010 and is a frequent industry speaker and commentator. Presently, Moy is Founder and President of Harvest Advisors LLC, a provider of strategy, business development and implementation advice to start-ups and technology solution providers in the developing commerce space. NXT-ID, Inc. released the first images of The Wocket™ on its corporate website and product website late last week. About The Wocket™ The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. thewocket.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. 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. www.nxt-id.com/, 3d-id.net/
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Post by joecoffee on Dec 18, 2013 12:59:51 GMT -5
NXTD News December 18, 2013 Markets Poised for Healthy 2014 as Biometrics Makes Strides in Technology Sector - Company Strengthens Board with Industry's Top Leaders www.marketwatch.com/story/markets-poised-for-healthy-2014-as-biometrics-makes-strides-in-technology-sector-company-strengthens-board-with-industrys-top-leaders-2013-12-18Tech leaders close out 2013 with beneficial internal moves and acquisitions: NXT-ID, Inc. (otcqb:NXTD), Symantec Corporation (NASDAQ:SYMC) , Avago Technologies Limited (NASDAQ:AVGO) , Nuance Communications, Inc. (NASDAQ:NUAN) and Apple Inc. (NASDAQ:AAPL) NXT-ID, Inc. (otcqb:NXTD) Headline News: NXT-ID Appoints Two Former MasterCard Executives to Its Newly Formed Advisory Board And Shows First Images of the Biometrically Secure Wallet, The Wocket(TM). NXT-ID, a biometrics company focused on the growing m-commerce market, announces the appointment of two key advisory board members, Mr. Lawrence Flanagan and Mr. Ken Moy. The appointments from the card payment industry align with the company's roll-out and 2014 launch of The Wocket(TM), a next generation biometrically secure wallet. "We are honored and excited to have two luminaries of the card payment world on our advisory board," said Gino Pereira, CEO of NXT-ID, Inc. "Their experience is invaluable to our future prospects and growth for The Wocket(TM). We look forward to growing our advisory board over the next few months with equally talented and experienced individuals." To read the full press release and get more information & specific details regarding Mr. Flanagan and Mr. Moy, please click here: www.finance.yahoo.com/news/nxt-id-appoints-two-former-130155944.htmlNXT-ID, Inc. also released the first images of The Wocket(TM) on its corporate website and product website late last week. About The Wocket(TM) - The Wocket(TM) is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. www.thewocket.com/Symantec Corporation (NASDAQ:SYMC) has announced the recipients of the 2013 Symantec Research Labs Graduate Fellowship -- Kai Ren, a Ph.D. candidate in computer science at Carnegie Mellon University, and Christian Rossow, a postdoctoral researcher at Vrije Universiteit Amsterdam in The Netherlands and Ruhr University Bochum in Germany. Avago Technologies Limited (NASDAQ:AVGO) and LSI Corporation (NASDAQ:LSI) recently announced that they have entered into a definitive agreement under which Avago will acquire LSI for $11.15 per share in an all-cash transaction valued at $6.6 billion. Nuance Communications, Inc. (NASDAQ:NUAN) has announced that Jetstar has launched a new virtual assistant called "Ask Jess" which is based on Nuance Nina Web, an intelligent virtual assistant that delivers a human-like, conversational customer service experience. Customers simply type to Jess, and Jess provides the answers. Apple Inc. (NASDAQ:AAPL) has recently acquired patent number 8,610, 726B2 for its new technology of a built-in project for a computer. Jack Purcher states this invention could create a new category of computers, as it erases the need for a display inside the actual device itself. 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 www.financialnewsmedia.com for more details. About The Wocket™: The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. thewocket.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. 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. www.nxt-id.com/, www.3d-id.net/
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Post by joecoffee on Dec 18, 2013 13:00:49 GMT -5
This article was just released in GadgetReview.com! The Wocket Hopes To Replace Your Wallet www.gadgetreview.com/2013/12/the-wocket-hopes-to-replace-your-wallet.htmlThe age of electronic wallets is officially here. First there was the Coin, now the Wocket by NXT-ID wants to replace all your credit cards. Scheduled to launch early 2014, The Wocket works anywhere a credit card is taken and can be used with your biometric or touch screen authentication acne select which card you want to use, which will then substitute that card in your wallet. Your security is never compromised since it uses no personal information on its magnetic strop so the risk of fraud is reduced. It can hold about 100 cards, coupons, gift cards, etc. It can even hold medical records, IDs, rewards/loyalty cards and many more. Card info is erased after every transaction, too. The card reader plugs in directly to the Wocket and it fathers replaceable CR batteries in the Wocket with unlimited battery life via the in-wallet charging of the dynamic card. More info on how to pre-order yours on their site!
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Post by joecoffee on Dec 23, 2013 11:23:52 GMT -5
Julie May: Credit cards becoming extinct www.tennessean.com/article/20131222/BUSINESS/312220044/2264/BUSINESS04?gcheck=1With new technology released every day, will credit cards become a thing of the past, just as road maps, alarm clocks and encyclopedias have? Digital wallets such as Wocket and Coin, which will arrive in 2014, are hinting at “yes.” Digital wallets provide users a way to pay for purchases by swiping a card that holds personal information, such as your credit and debit cards, loyalty cards and gift cards. While some apps, such as Starbucks, serve as digital wallets, they are typically single-purposed. For example, the Starbucks app allows me to maintain a credit balance for purchases at Starbucks only. I go into the coffee shop, order a grande latte, show them the bar code on my phone and, voila, the amount of my purchase has been deducted from my balance. That was pretty neat 18 months ago. Now, not so much. Fast forward to 2014, when digital wallets will be in our pockets and purses. It was only a matter of time before plastic was going to be passe and apps would clutter our phones just as email does our inboxes. I’m not sure that is going away anytime in the next year, but I do know that payment using a digital wallet has the potential to make my life a little less cluttered. While not all of the details have been released, a peek under the tree is merited. The Wocket Enter The Wocket, a programmable card that stores up to 100 cards of any type — gas cards, credit cards, loyalty cards, etc. It also stores cash and bar codes and displays personal identification. The Wocket, which will be available in the first quarter of 2014, can be used anywhere credit cards are accepted. It also uses near field communications (NFC) technology, which will allow it to pay for tolls on highways by simply waving it near the payment reader. The card isn’t reliant on Internet or phone technology, so you don’t need an app or Bluetooth to use it. Instead, it uses voice recognition and biometrics, such as a thumbprint, to gain access to your credentials. Like a traditional credit card, Wocket uses a magnetic strip that is immediately erased until the next time you enter your biometric verification. The battery lasts two to four years, at which time you can replace the batteries without having to purchase a new Wocket. Coin is a viable competitor to the Wocket but requires the use of an app. The Coin card can store up to eight credit or loyalty cards, while the Coin app — which will be available for iOS and Android platforms — can store an unlimited number of cards. You can switch out the cards on your Coin card via the app, but note that you can only pair one Coin card with your smartphone. One of the greatest benefits of Coin is that, despite its size, it’s difficult to lose — and even more difficult for people to steal. Utilizing Bluetooth low-energy (LE) technology, Coin will send a message to your phone whenever the connection is lost. It will then disable your Coin card until you reconnect them. If you’re known for leaving things behind, Coin may be your new best friend. The battery lasts up to two years, after which you will need to purchase a new Coin. Right now you can pre-order a Coin card for just $50. If you wait until the 2014 summer release, it’ll cost you $100. When you order early, your payment will help Coin fund its development and manufacturing until release. For that element of risk, they company is cutting you a deal. You can use your soon-to-be-extinct credit card to pay for your Coin. So folks, with the introduction of digital wallets like Wocket and Coin, it doesn’t matter how deep the pocket — you can expect its weight to shrink in 2014. 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. 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 www.nxt-id.com/, 3d-id.net/About The Wocket™ The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. Visit the WOCKET website: thewocket.com/Julie May is CEO of bytes of knowledge, which she founded in 1995 and has built into one of Nashville’s leading technology companies, providing digital media development and comprehensive IT services. Visit bytes of knowledge online at: www.bytesofknowledge.com.
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Post by joecoffee on Dec 27, 2013 13:09:30 GMT -5
What’s In Your Bio Wallet? www.sensorsmag.com/sensors/what-s-your-bio-wallet-12504Not a new cyber vehicle for stir-fry cooking, the Wocket, as described by its maker NXT-ID, Inc., is a next-generation biometrically-secure wallet, a.k.a., bio wallet. Expected to hit the market in the first quarter of 2014, the Wocket’s purpose is to replace traditional wallets and the number of cards we all carry around in them. An episode of Seinfeld comes to mind in which George Costanza carries around a wallet the thickness of a Carnegie Deli sandwich that causes him more physical distress than actually consuming said sandwich. Essentially, the Wocket is a card with a programmable magnetic strip. Users can program up to 100 cards into it, i.e., credit, debit, ATM cards, as well as personal IDs, medical records, those multitude of supermarket membership and reward cards, etc. At this point, it does not appear to support public transportation cards like New York’s MetroCard. But that’s fodder for future forays. According to the company, the card works independent of a smartphone or the Internet. In terms of security, this is a step forward, particularly since we hear of some new cyber threat every other day. Also, battery life does not seem to be an issue. A comprehensive Q&A discussion is available on the company’s website. Commercially speaking, SoundView Research, estimates that NXT-ID can capture six-million users for its Wocket in the US alone. Selling price for The Wocket is $99.99 each. Of course, there is an optional insurance program and some miscellaneous extra services; all totaled, the Wocket is expected to suck in about $780 to $930 million US bucks. There is also no shortage of expertise behind the product. NXT-ID has recruited Lawrence Flanagan and Ken Moy to ensure a successful 2014 launch of The Wocket. Since January 2013, Lawrence Flanagan is President and Founder of New Tech Haven and was formerly the Executive Dean at the University of New Haven College of Business. As the global chief marketing officer at MasterCard, he managed a $1.5 billion budget, directed marketing strategies in more than 50 countries, and helped launch the company's successful "Priceless" advertising campaign. Formerly senior vice president and Group Head of US Emerging Payments at MasterCard Worldwide, Ken Moy led the execution of the company's digital conversion strategy and managed all aspects of product development and a diverse set of existing products including online and offline payments, authentication solutions, spending controls and alerts services. He launched MasterPass, the firm's digital wallet solution. Currently, Moy is Founder and President of Harvest Advisors LLC, a provider of strategy, business development and implementation advice to start-ups and technology solution providers in the developing commerce space. Assuming all this info is accurate, it appears that NXT-ID is on its way to a successful and profitable new-product launch. The Wocket will most likely be accepted by the greater public at large because, hey, who wants to go around with a deli sandwich in their back pocket? We will also need to wait and see how secure the Wocket really is. Hopefully, we won’t hear of thieves stealing peoples’ cholesterol reports in the near future. ~MD 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. 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 www.nxt-id.com/, 3d-id.net/Visit the WOCKET website at: www.thewocket.com/
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Post by joecoffee on Jan 6, 2014 12:07:46 GMT -5
Julie May: 2014 will bring pervasive, persuasive and invasive tech www.tennessean.com/article/20140105/BUSINESS/301050026/Julie-May-2014-will-bring-pervasive-persuasive-invasive-tech?nclick_check=1A user scans a QR code on a smartphone, allowing bitcoins to be transferred into a digital wallet, while using the world's first bitcoin ATM in October in Vancouver, British Columbia, Canada. The ATM, named Robocoin, allows users to buy or sell the digital currency. • Money moves beyond credit cards to pure digital. Digital money will be pervasive in 2014. With the introduction of apps such as Google Wallet and Venmo, IOUs have become irrelevant. These new software applications link to your checking account and, provided the person you owe money has an account, allow you to zap them money on the spot. Nifty, huh? Keep an eye out for altcoins — alternate cryptocurrency or virtual currency — to continue making headlines this year. We’ve seen a recent flood of media around Bitcoin, but there are other altcoins in the marketplace, such as Litecoin, Novacoin, Namecoin, Bytecoin, Primecoin and Ripple. These digital currencies take out the middleman — the bank — and allow the transfer of money from person to person, or business, without a fee. Altcoins also transcend all country denominations. They do for money what the Internet did for information — think decentralization of the monetary system. It’s been heavily publicized that the U.S. is using outdated credit card technology. But not for long, because digital wallets such as COIN and The Wocket will be hitting the market in 2014. Digital wallets aggregate multiple credit cards and, in some cases, personal identification onto one card that can be used for purchases anywhere that accepts credit cards. They provide an additional level of security over current credit cards. Persuasive, pervasive and invasive technologies will redefine your behavior in 2014. Consider staying on top of the trends so you can change with the times. Julie May is CEO of bytes of knowledge, which she founded in 1995 and has built into one of Nashville’s leading technology companies, providing digital media development and comprehensive IT services. Visit www.bytesofknowledge.com. About The Wocket™ The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. www.thewocket.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. 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. www.nxt-id.com/, www.3d-id.net/
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Post by joecoffee on Jan 10, 2014 13:47:11 GMT -5
NXT-ID reveals credit card fraud prevention initiative: Checkout with Wocket www.thepaypers.com/NXT-ID, a biometrics company, has revealed its ‘Checkout with Wocket’ initiative, which uses patent-pending dynamic pairing technology (DPT) to prevent credit card fraud. The initiative is aimed at securing all payment card information before, during and after transactions without changing the existing current payment infrastructure. The ‘Checkout with Wocket’ initiative is built upon the principle of making that data useless in the case of a data breach. With this technology, if someone gained access to a credit card number used with a Wocket smart wallet, it would not work if sold or used outside of the Wocket itself, rendering it completely useless to a hacker. Wocket smart wallet generates a dynamic account number that reveals no information about the actual account number, but is ‘dynamically paired’ to a specific account number so that a transaction can take place without uprooting the retailer's existing infrastructure. Since the Wocket uses standard magnetic stripe technology on its reprogrammable card, no additional hardware at the retailer level is required. NXT-ID is focused on the growing m-commerce market, launching its innovative MobileBio suite of biometric solutions that secure consumers mobile platforms. About The Wocket™ The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. thewocket.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. NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition www.nxt-id.com/, 3d-id.net/
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Post by joecoffee on Jan 10, 2014 14:27:36 GMT -5
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. NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition www.nxt-id.com/, 3d-id.net/
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Post by joecoffee on Jan 14, 2014 13:52:30 GMT -5
NXTD news Jan. 14, 2014 Next Generation Gadgets & Biometrics Technology Setting Up For Strong Start in 2014 with Leading Edge Smart Wallet Platforms finance.yahoo.com/news/next-generation-gadgets-biometrics-technology-133000060.htmlMobile technology innovations pave way in 2014 as consumers go digital: NXT-ID, Inc. (NXTD), Apple Inc. (AAPL), NII Holdings (NIHD), Juniper Networks Inc. (JNPR) and ClickSoftware Technologies Ltd. (CKSW) 2014 will mark another year in which digital money continues to forge forward. NXT-ID (NXTD) is prepared to take full advantage of digital currency's rising popularity, as the company will release its much-anticipated "smart wallet", the Wocket in the first quarter of this year. The Wocket is a next generation platform that is designed to provide consumers with the convenience of packaging all cards in your wallet into one dynamic card. This includes debit, credit, loyalty cards, coupons and more. The Wocket will also avoid any assimilation obstacles, as it will work wherever credit cards are accepted. To read the full press release, please click here: www.fnmprofiles.com/profiles-nxtd.php"It's been heavily publicized that the U.S. is using outdated credit card technology," wrote Julie May of the Tennessean. "But not for long, because digital wallets such as COIN and The Wocket® will be hitting the market in 2014. Digital wallets aggregate multiple credit cards and, in some cases, personal identification onto one card that can be used for purchases anywhere that accepts credit cards. They provide an additional level of security over current credit cards." NXT-ID, Inc.: 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. The Company's first product is the Wocket™. 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. nxt-id.com/MacRumors has discovered a batch of new Apple Inc. (AAPL) patent applications, included 17 published last Thursday, related to the use of Liquidmetal Technologies Inc. (LQMT) alloys. The applications cover button/switch pressure sensors, tamper-resistant screws, and touch sensor substrates, among other potential use cases. Liquidmetal shares, which made new 52-week highs last week before retreating, have rallied again on the pink sheets. Shares also moved higher in November in response to Apple patent applications covering Liquidmetal usage. Telefonica (TEF) and NII Holdings (NIHD) have signed agreements whereby Telefonica will provide NII's subsidiaries, operating under the Nextel brand in Brazil and Mexico, nationwide voice and data coverage services on Telefonica's 3G wireless networks. When implemented, the agreements will expand the areas in which Nextel customers using 3G services in Brazil and Mexico can access voice and data services, supporting NII's growth strategy. Both companies will work closely to implement the agreements as soon as possible. Telefonica and NII's subsidiaries will continue to manage their spectrum and network assets separately to provide competing services. Elliott Management Corporation, which owns 6.2% of the common stock of Juniper Networks, Inc. (JNPR), filed a Schedule 13D and released a presentation Monday entitled "Juniper Networks: Elliott Management's Perspectives," available at www.new-juniper.com. "Juniper's new CEO along with its existing management team and Board have a unique opportunity to immediately unlock significant value at the Company through three straightforward and much-requested courses of action," said Jesse Cohn, Portfolio Manager at Elliott. "Investors and Street analysts have been calling for Juniper to implement these value-creation initiatives for years, and we believe the three-pronged approach laid out in today's presentation would be very well received." ClickSoftware Technologies Ltd. (CKSW), the leading provider of automated workforce management and optimization solutions for the service industry, announced that it expects record revenues of approximately $30.5 million in the fourth quarter of 2013, exceeding its guidance of $26 to $28 million. For the full year 2013 revenues are expected to reach approximately $103 million. Based on preliminary estimates of operating costs it is also expected that profitability will be achieved in fourth quarter of 2013. Cash, cash-equivalents, short and long-term investments continued to grow, increasing by about $2.3 million during the fourth quarter, reaching about $58 million as of December 31, 2013. FinancialNewsMedia.com is leading provider of third party publishing &news dissemination services. If you would like more information regarding our news coverage solutions, please visithttp://www.financialnewsmedia.com for more details. Get an edge on the market with ourPremium News Alerts that are FREE for a limited time athttp://www.financialnewsmedia.com/. Follow us on Facebook: www.facebook.com/financialnewsmedia and Twitter:http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454. (SMS alerts are free, however data rates may apply, check your wireless plan for details.) DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
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Post by joecoffee on Jan 21, 2014 15:31:41 GMT -5
NXTD News Jan 21, 2014 Mobile Biometric Company NXT-ID, Inc. to Team With the John F. Welch College of Business at Sacred Heart University Business School Students to Participate in Marketing Studies and Initial Testing of the Wocket(TM), NXT-ID's Next Generation Biometrically Secure Smart Wallet NXT-ID Inc., (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces it will be doing a joint project with students at the John F. Welch College of Business at Sacred Heart University in Fairfield, CT to assist with the marketing roll out of its next generation smart wallet, the Wocket™. The Wocket™ is a new biometrically secure smart wallet designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace more than 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card. In the initial phase of the project, students will research the market, the competition, and consumer trends related to the Wocket. The second part of the project will be primary research (surveys and focus groups) on the product, its features, possible marketing positioning and pricing and the final phase will be live on campus testing. "We are delighted to be announcing this collaboration with the John F. Welch College of Business," said Mr. Gino Pereira, CEO of NXT-ID, Inc. "It is particularly relevant as one of our initial target group of customers for the Wocket are college students and campuses where there is a unique combination of open loop and closed loop payment systems combined with a particular need for security with access control to buildings." "We are looking forward to working with Nxt-ID and their innovative technology," said Kwamie Dunbar, assistant professor of Finance at the John F. Welch College of Business. "This gives our students the type of real life hands on experience that the College prides itself on." On January 25, 2006, Jack Welch, the former Chairman and CEO of General Electric, gave an endowment and his name to Sacred Heart University's College of Business, which is now known as the John F. Welch College of Business. About the John F. Welsh College of Business The John F. Welch College of Business at Sacred Heart emphasizes core business skills and knowledge, communications skills, and ethics. We stress hands on learning, understanding of the global marketplace, and state-of-the-art technology. The College enrolls over 950 students in undergraduate and graduate degree programs and the faculty consists of more than 40 professors, who are recognized scholars and experienced practitioners in the business world. 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. Visit The WOCKET website at: www.thewocket.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 www.nxt-id.com/, 3d-id.net/
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Post by joecoffee on Jan 22, 2014 14:25:45 GMT -5
NXTD News +.01 $4.99 Biometrically Smart Wallet Technology Takes Aim At Target Market With Impending Release Tech industry and Biometrics sector set for growth with breakthrough technology developments: NXT-ID, Inc. (OTCQB: NXTD) , Blackberry Limited BBRY, NQ Mobile Inc. NQ, Apple Inc. AAPL and NII Holdings Inc. NIHD NXT-ID, Inc, (OTCQB:NXTD), a biometrics company focused on the growing m-commerce market, announces it will be doing a joint project with students at the John F. Welch College of Business at Sacred Heart University in Fairfield, CT to assist with the marketing roll out of its next generation smart wallet, the Wocket™. The Wocket™ is a new biometrically secure smart wallet designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace more than 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card. In the initial phase of the project, students will research the market, the competition, and consumer trends related to the Wocket. The second part of the project will be primary research (surveys and focus groups) on the product, its features, possible marketing positioning and pricing and the final phase will be live on campus testing. To read the full press release, please click here: www.fnmprofiles.com/profiles-nxtd.php"We are delighted to be announcing this collaboration with the John F. Welch College of Business," said Mr. Gino Pereira, CEO of NXT-ID, Inc. "It is particularly relevant as one of our initial target group of customers for the Wocket are college students and campuses where there is a unique combination of open loop and closed loop payment systems combined with a particular need for security with access control to buildings." "We are looking forward to working with Nxt-ID and their innovative technology," said Kwamie Dunbar, assistant professor of Finance at the John F. Welch College of Business. "This gives our students the type of real life hands on experience that the College prides itself on." Blackberry Limited BBRY a world leader in mobile communications, recently announced that it intends to divest the majority of its real estate holdings in Canada. In partnership with CBRE Limited, BlackBerry intends to strategically divest the majority of its commercial real estate portfolio through a combination of sale-leaseback and vacant asset sales. The properties to be offered for sale comprise over 3 million square feet of space. NQ Mobile Inc. NQ, a leading global provider of mobile Internet services, and Sprint S have signed a definitive agreement for NQ Mobile to collaborate and deliver the next generation of Sprint ID, powered by NQ Live™, on all new Sprint Android-powered smartphones in the U.S. market later this year. Unlike a standard wallpaper or third-party launcher, NQ Live is an engaging mobile desktop that will change the way consumers use their connected devices. Apple Inc. AAPL recently announced iBooks® Textbooks and iTunes U® Course Manager are expanding into new markets across Asia, Latin America, Europe and elsewhere around the world. iBooks Textbooks bring Multi-Touch™ textbooks with dynamic, current and interactive content to teachers and students in 51 countries now including Brazil, Italy and Japan; and iTunes U Course Manager, available in 70 countries now including Russia, Thailand and Malaysia, allows educators to create and distribute courses for their own classrooms, or share them publicly, on the iTunes U app. "The incredible content and tools available for iPad provide teachers with new ways to customize learning unlike ever before," said Eddy Cue, Apple's senior vice president of Internet Software and Services. "We can't wait to see how teachers in even more countries will create their new lesson plans with interactive textbooks, apps and rich digital content." NII Holdings Inc. NIHD a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, recently announced that PRIP™, its advanced Push-to-Talk (PTT) app, is now available on the iPhone in the United States. Built upon Motorola Mobility's PTT technology, PRIP offers users real-time, instant, unlimited communication using 3G, 4G or Wi-Fi to other PRIP subscribers and Nextel users anywhere in the U.S. The app is available for download on the Apple App Store or Google Play for the low introductory cost of US$1.99, with the first month free. "We are excited to expand PRIP to iOS, bringing true push-to-talk capabilities to more users in the U.S.," said Greg Santoro, executive vice president, chief strategy and marketing officer for NII Holdings. "As our customer demands evolve and new devices enter the marketplace, it is important we continue to expand our offerings to meet their needs." 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 www.financialnewsmedia.com
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Post by joecoffee on Jan 27, 2014 13:51:19 GMT -5
Article just released in MobileIDWorld.com! Getting Them Started Young: NXT-ID Enlists Business Students For Wocket Marketing mobileidworld.com/getting-them-started-young-nxt-id-enlists-business-students-for-wocket-marketing/This is going to be the year that sees viable alternatives to the old leather pouches and golden clips (if people still use those) that we use to carry around our money, identification and various (and multitudinous) payment cards. There are a number of digital wallet solutions set to compete for a place in your pocket later this year and they all have their own strengths and weaknesses. I’ve argued in the past that the success this kind of solution hinges on the proper balance of security versus convenience. Though all of the digital wallets are coming to serve the same purpose, each one has a different idea of how secure it should be. Another big part of the coming War of the Wallets is marketing. Just take a look at any of the websites set up to introduce the technology, or subscribe to the term “m-commerce” through a search alert service and you will see: the consumer market is being aggressively targeted with digital wallet PR. NXT-ID announced this week that it will be conscripting the nation’s youth in the battle of the bulging wallet, teaming up with the John F. Welch College of Business at Sacred Heart University to participate in marketing studies and the initial testing of the Wocket biometric smart wallet. This is a calculated move on the company’s part. According to NXT-ID CEO Gino Pereira, “It is particularly relevant as one of our initial target group of customers for the Wocket are college students and campuses where there is a unique combination of open loop and closed loop payment systems combined with a particular need for security with access control to buildings.” The partnership will manifest in three stages: market research, product research and live testing. Part one will entail students researching the Wocket’s competition, the market landscape and consumer trends, while part two will see them conducting surveys and focus groups. Finally, the product will undergo live testing on campus. The Wocket secures all kinds of separate data via biometrics on a single reprogrammable mag stripe card. Not just credit cards, the Wocket can store medical records, ID and a variety of coupons. This dynamic device seems to be targeted at the right market, considering students are regularly required to submit student ID documents and use a range of on-campus only service cards that would otherwise clutter a traditional wallet. Most importantly however, this serves as an educational project, giving young people hands on experience with the product and with the marketing industry. As Kwamie Dunbar, assistant professor of Finance at the John F. Welch College of Business, states: “This gives our students the type of real life hands on experience that the College prides itself on.” 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. Visit The WOCKET website at: www.thewocket.com/
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Post by joecoffee on Jan 28, 2014 16:24:08 GMT -5
NXTD News! Jan 28, 2014 NXT-ID (NXTD) - Increasing Intrinsic Value (IV) Estimate After Company Completes New Accretive Financing Round www.marketwired.com/press-release/nxt-id-nxtd-increasing-intrinsic-value-iv-estimate-after-company-completes-new-accretive-otcqb-nxtd-1873290.htmSoundView Technology Group: NXT-ID (OTCQB: NXTD) has effectively raised an additional round of capital that will come in two tranches -- $1.35M less expenses up front and another $4.4M from likely warrant exercises. The proceeds will aid the company in further development and the commercial launch of their innovative digital wallet (The Wocket). In an unusually shareholder-friendly move founding members of the management team elected to surrender shares to offset the additional shares need for new investment capital. Few, if any, company managements go to such lengths to put shareholders first. Thanks to this decision an adjustment to our intrinsic valuation (IV) model results in an increase from $10.93 (published in December 2013) and our new IV estimate of $11.51. Market forces continue to favor adoption of digital wallet technologies and NXT-ID is certainly one of the leading contenders for what will be a commercial market in 2014. Our full note is available for download here: s3.amazonaws.com/Published_Research/NXT-ID_NXTD_NOTE_JAN_2014.pdfAbout SoundView Technology Group We are an independent advisory and research firm specializing in emerging technologies as they reach commercialization. Our proprietary research and modeling work provides valuable information for company management teams and investors in these emerging opportunities. We regularly publish our findings across a variety of channels including all the major retail and institutional information outlets. SoundView is based in Boston, Massachusetts with locations in New York and Connecticut. About The Wocket™: The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. thewocket.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. NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition www.nxt-id.com/, 3d-id.net/
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Post by joecoffee on Jan 28, 2014 16:26:33 GMT -5
Article released today in the Wall Street Journal! Retailers Try to Keep Pace With Cybercriminals blogs.wsj.com/riskandcompliance/2014/01/28/retailers-try-to-keep-pace-with-cybercriminals/By Ben DiPietro Wall Street Journal The recent spate of breaches have left more than 200 million people wondering if their credit card and other personal information will be used in fraudulent purchases and identity theft scams. It’s also prompting everyone involved in processing transactions to rethink their security systems and consider new ways to handle payment transfers. About The Wocket™: The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. thewocket.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. NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition www.nxt-id.com/, 3d-id.net/
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Post by joecoffee on Jan 29, 2014 16:06:32 GMT -5
Tech Briefing: Biometrics & Mobile Payment Companies Aiming To Stay Ahead of Cyber Crime With Innovative Digital Technologies money.msn.com/business-news/article.aspx?feed=PR&date=20140129&id=17300762Morning Technology Briefing: Tech advancers develop cyber security platform; market updates for leaders in the biometrics sector: NXT-ID (OTCQB: NXTD), Facebook, Inc. FB, Yahoo! Inc. YHOO, Lantronix, Inc. LTRX and Sanmina Corporation SANM SoundView Technology Group continues coverage for NXT-ID, Inc. (OTC: NXTD) - NXTD has effectively raised an additional round of capital that will come in two tranches -- $1.35M less expenses up front and another $4.4M from likely warrant exercises. The proceeds will aid the company in further development and the commercial launch of their innovative digital wallet (The Wocket). In an unusually shareholder-friendly move founding members of the management team elected to surrender shares to offset the additional shares need for new investment capital. Few, if any, company managements go to such lengths to put shareholders first. Thanks to this decision an adjustment to SoundView's intrinsic valuation (IV) model results in an increase from $10.93 (published in December 2013) and its new IV estimate of $11.51. The full Press Release is available here: www.fnmprofiles.com/profiles-nxtd.htmlMarket forces continue to favor adoption of digital wallet technologies and NXT-ID is certainly one of the leading contenders for what will be a commercial market in 2014. The full SoundView note is available here: s3.amazonaws.com/Published_Research/NXT-ID_NXTD_NOTE_JAN_2014.pdfFacebook, Inc.: FB has announced that the company's fourth quarter and full year 2013 financial results will be released after market close on Wednesday, January 29, 2014. Facebook will host a conference call to discuss the results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Facebook Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables and slide presentation. Facebook uses the investor.fb.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Yahoo! Inc.: YHOO recently unveiled new products and media sites across smartphones, tablets and the web, as well as a new suite of advertising technology to help advertisers, publishers and partners get more return from their online advertising campaigns. In a keynote address, Yahoo CEO Marissa Mayer discussed the company's vision to make the world's daily habits inspiring and entertaining. Yahoo executives were joined onstage by Yahoo's new Global Anchor Katie Couric; Yahoo Tech vice president of editorial David Pogue; celebrity talent including SNL's Cecily Strong and Keenan Thompson; as well as John Legend, Grammy-Award-winning artist and a member of Yahoo's 2013 On the Road tour. Lantronix, Inc.: LTRX, a global provider of smart networking and communications solutions for machine-to-machine (M2M) applications, recently announced that the Company will report its financial results for its fiscal 2014 second quarter ended December 31, 2013 on Thursday, January 30, 2014 after market close. The Company's management will host an investor conference call with a simultaneous audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Thursday, January 30, 2014. To access the live conference call, investors should dial 866-318-8616 (US +0.05%) or 617-399-5135 (international) and provide passcode 14576908. The webcast will be available simultaneously via the investor relations section of the Company's website at www.lantronix.com. Sanmina Corporation: SANM a leading integrated manufacturing solutions company making some of the world's most complex and innovative optical, electronic and mechanical products, announced that Ciena® Corporation, the network specialist, recently honored Sanmina's Optical, RF and Microelectronics division with their prestigious Product Innovation Award. This Product Innovation Award was the result of Sanmina's advanced RF, microelectronics and optical design, new product introduction and manufacturing capabilities. These capabilities enabled Sanmina and Ciena to jointly develop a unique RF microelectronic product solution to bring 100G optical communication systems to market in record time. Additional Mobile/Biometrics News: Paydiant, provider of a white-label mobile payments, offer redemption, loyalty and cardless cash access platform for banks and retailers, today announced the grant of a new patent from the U.S Patent and Trademark Office (USPTO). U.S. Patent No. 8,632,000, granted on January 21, 2014, describes approaches for using a mobile device to conduct transactions at automated teller machines (ATMs). The solution enables consumers to use their smartphones, instead of their debit or credit cards, to withdraw cash from ATMs, enhancing the consumer mobile banking experience while also supporting financial institution loyalty. And because it is software-only, it can be deployed without installing additional hardware on ATMs. Paydiant's white label platform works with existing smartphones, POS systems, and payment terminals, including entry-level countertop devices. In addition, the solution enables banks, credit unions and retailers to avoid sharing sensitive customer information with intermediaries, and enables them to leverage new revenue streams from highly targeted mobile ads and offers. The technology also works with numerous ATM to phone interface technologies, including QR codes and Bluetooth Low Energy (BLE -0.03%, news). The newly patented cardless cash access solution has already been deployed by Wintrust Financial Corporation and City National Bank in partnership with FIS FIS and Diebold DBD. Both Wintrust and City National are customers of FIS.
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