OXFORD, Conn. - April 29, 2015 (Investorideas.com Newswire) NXT-ID, Inc. ( NASDAQ: NXTD ), a biometric authentication company focused on the growing m-commerce market, reports that SlashGear and Credit Union Times have both covered the recent news of Wocket’s® shipment to pre-order customers.
The Company announced this week that its Wocket® Smart Wallet will commence shipping to pre-order customers the first week of May, 2015 and will be fulfilling all paid pre-orders through the month of May.
April 28, 2015
Wocket smart wallet to start shipping pre-orders in May
Almost all mobile payment systems, perhaps except for Samsung, have one critical flaw. Most of them require the use of new NFC-enabled terminals to work. But what if you only have access to ye olde magnetic stripe PoS? What if you're stuck with old fashioned swiping systems but still want to benefit from the conveniences of the modern world. Enter Wocket, advertised to be the only wallet you'll ever need. Why? Because it can absorb all the cards you have in your wallet right now and even have spare room for physical cash.
Wocket is actually composed of two parts. The Wocket itself is a small small slab 3.46 x 2.75 x 0.39 inches in size. It is where all your card information is stored, protected by biometrics. There is no need for a smartphone as Wocket functions all by itself. Then there's the WocketCard which has a programmable mag stripe which Wocket writes into with the credit card information needed at a particular time. All you need to do is to select the stored card you want to use from Wocket's touchscreen, let it write on WocketCard's stripe and use the card just as you would any normal terminal.
Read the full article at http://www.slashgear.com/wocket-smart-wallet-to-start-shipping-pre-orders-in-may-28381114/
Credit Union Times
By Roy Urrico
April 28, 2015
Smart Wocket Wallet Arrives
Move over Google Wallet and Apple Pay, Wocket® is here.
The smart wallet, from Oxford, Conn.-based NXT-ID, works without a mobile phone or cloud, to carry up to 10,000 cards.
Nowadays consumers seek ways to organize items previously carried in back pockets or purses onto mobile devices.
Wocket protects all of private information inside an electronic vault while reducing the number of cards in a person's wallet.
"Biometric and patent pending technologies make Wocket the smartest wallet on the market," NXT-ID claimed.
Early access customers tested Wocket® at a large number of locations.
They confirmed that Wocket® supports a wide range of retailers and merchants, as well as ATMs, gas stations and point-of-sale terminals with dip style readers that require a full name which according to NXT-ID other emerging card technologies find difficult.
Biometric authentication company NXT-ID announced Wocket®, which works anywhere credit cards are accepted and only works with biometric authentication, will start shipping to pre-order customers next week.
Read the full article at http://www.cutimes.com/2015/04/28/smart-wocket-wallet-arrives
Wocke®t is a smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone or cloud required. 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, and virtually any other card can be protected on Wocket®.
You can order your Wocket® http://www.wocketwallet.com/
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 Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/
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.
NXT- ID Inc Contact:
Corporate info: firstname.lastname@example.org
D. Van Zant
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