NXT-ID Inc. Media Alert: Connecticut Post Features Article on Wocket's Impact on Smart Payment Industry
OXFORD, CT - January 30, 2015 (Investorideas.com Newswire) Investorideas.com reports that NXT-ID, Inc. ( NASDAQ: NXTD ) is the feature of a Connecticut Post article published yesterday titled, “Makers of Smart Wallet out to Change Industry”.
The column, written by news columnist Hugh Bailey and posted on CTpost.com, details NXT-Id, Inc.'s foray into the smart payment industry and how Wocket™ is different from other payment options currently available (Google smart wallet, ApplePay).
Makers of Smart Wallet out to Change Industry
The cellphone smartened up long ago. The wristwatch is the latest accessory to achieve "smart" status.
And if a local company is successful, technology fans will soon be talking about their smart wallets.
NXT-ID, which recently moved its headquarters from Shelton to Oxford, is preparing to ship by the thousands its Wocket, which company officials see as more secure and convenient than traditional wallets.
"What we did was to design the modern smart wallet," said Gino M. Pereira, NXT-ID's president and CEO. "We've seen the evolution of smartphone from regular cell phones, and we're starting to see smart watches. The Wocket is designed to be a replacement for the existing wallet."
The Wocket is a palm-sized device that can imprint the contents of any card -- credit, debit, loyalty or otherwise -- onto a reprogrammable card that is carried around and can be used like the original.
The company, which trades on the NASDAQ exchange under the symbol "NXTD," is preparing to ship thousands of Wockets from its production facility in Florida, and saw an enthusiastic response at the Consumer Electronics Show in Las Vegas this month.
"There's definitely a substantial market for what we're trying to do," Pereira said. "We've had very positive reviews so far."
Read the full article at: http://www.ctpost.com/news/article/Makers-of-smart-wallet-out-to-change-industry-6048891.php
For a full list of recent media coverage (including Wocket's inclusion in lists of the top five, ten and eleven best products at CES) and CES video coverage, please visit http://www.investorideas.com/CO/NXT/
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 .
About NXT- ID Inc. -Mobile Security for a Mobile World: ( NASDAQ: NXTD ):
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/
Corporate info: firstname.lastname@example.org
D. Van Zant
Published at Investorideas.com
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