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$4.80 Near Term Price Target with "Buy" given by CapRock Research for NXT-ID, Inc. (NASDAQ: NXTD) issued by Small Cap IR

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

NEW YORK - January 21, 2015 (Investorideas.com Newswire) Analyst Report Issued by Small Cap IR. In 2011, Nilson Report's annual Global Credit Card Brands report showed that planet-wide, transactions at merchants on the leading payment cards rose to $135.3 billion in 2011, while the total number of credit, debit, and prepaid cards reached 6.54 billion. Eight million credit card users in the U.S. were victims of fraudulent card usage in 2012, and credit and debit card fraud resulted in $11.27 billion in losses. One company addressing credit and debit card fraud prevention is Nxt-ID, Inc.

Nxt-ID, Inc. ( NASDAQ: NXTD and NXTDW) is an early stage technology company focused on providing biometric products, solutions, and services for applications that have a need for biometric secure access control. The company was founded in 2011 and is headquartered in Shelton Connecticut. The company introduced its first commercial product at the 2015 Consumer Electronics Show in Las Vegas, where it was named as one of "11 Hot Products at CES" by Wired.com.

An analyst report on NXTD that includes a company overview, market and competition breakdown, recent events, outlook, analyst summary, valuation, and recommendation can be viewed by using the following link at no cost:

http://bit.ly/-NXTD-AnalystReport

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About Small Cap IR

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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.

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