2014

Inside the Biometrics Sector, Q&A Strategy and Market News For NXT-ID, Apple, Google, Hewlett-Packard and Facebook

CORAL SPRINGS, Florida, October 10, 2013 /PRNewswire/ --

Tech news updates and due diligence strategies on today's leaders in the Technology sector: NXT-ID (OTCQB: NXTD), Apple Inc. (NASDAQ: APPL), Google (NASDAQ: GOOG), Hewlett-Packard Co. (NYSE: HPQ) and Facebook Inc. (NASDAQ: FB).

FN Media Group (FNM) is pleased to publish a follow up interview with Rhode Island investor, business man and award winning movie producer Chad A. Verdi. In October 2011, Mr. Verdi made a $ 1 Million offer for the Amanda Knox movie rights through his production company, Verdi Productions. Following his due diligence he formally withdrew his offer. Mr. Verdi discusses his due diligence process for investing in both film and the technology sector. Mr. Verdi focus is on biometrics, which is forecasted to grow to a sustainable market of greater than $10 Billion annually by the year 2017.

Q: FNM

Mr. Verdi, reading previous news from your company, you had already secured financing for the Untitled Knox Project, if a deal had been reached. Your plans were to make a seven-figure pay-or-play offer to Natalie Portman to play Amanda. You then withdrew the official offer of one million dollars (U.S. $1,000,000) for Amanda Knox's life rights, stating you felt there was more to the story and Amanda would be forced back to Italy and retried. Now that you see all this coming to fruition, can you explain your reasons and due diligence process? 

A: Chad A. Verdi

As I said when I formally withdrew the offer, "after reviewing all the information we had involving the Knox case, we had decided it was not the inspirational feel-good story that VP was looking for and we withdrew our offer." I had a team of about twenty students doing the background and due diligence and the story did not pass our scrutiny.

Q: FNM

In our previous interview you discussed your recent investment in NXT- ID Inc (NXTD), a company with m-commerce mobile biometric voice recognition technology. Now that you are seeing all the buzz around Apple's (AAPL) Touch ID fingerprint technology and the news that Android (GOOG) will be introducing biometrics in the next six months, do you feel that your investment due diligence, investing in NXT-ID ahead of all this news, validates your due diligence?

A: Chad A. Verdi

Yes I do. I think the company is two years ahead of everyone else and was launched as a public company at the right time in the right sector. I think when the technology is introduced to the media, analyst and investors - they will be as excited and convinced as I am.

Q: FNM

Some big deals are happening in the facial recognition space as well - something NXT- ID has entered with its subsidiary 3D-ID LLC. I understand the company has 22 patents. With companies like Facebook (FB) talking about facial recognition and Hewlett-Packard Company (HPQ) just announcing a huge deal with the Department of Homeland Security for  biometrics that included both facial and voice recognition - how do you biometrics technology rolling out?

A: Chad A. Verdi 

I agree with most of what the leading analysts are saying - Apple's implementation is the just the beginning and they making biometrics mainstream. And that is why I invested in and then became the largest shareholder in NXT-ID. Like I stated prior to you, I own Apple, Yahoo, etc, I believe NXT-ID can become what those companies are today.

Q: FNM

Recently it was stated you are working with two Oscar winning producers, Martin Scorsese and Bruce Cohen on your next project Bleed for This. That is so cool, how do you sleep at night?

A: Chad A. Verdi

Yes, that is very, very cool and I don't sleep at night. Like Bleed for This, NXT-ID keeps me up all night, they are both game changers and both have huge potential  The one difference I feel is that NXT-ID products will one day be used by most if not all humans, it can be that big.

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/

Additional biometrics news for Apple, Inc. (AAPL), Facebook, Inc. (FB) and Google, Inc. (GOOG) have all recently revealed plans to incorporate Facial Recognition and Touch Fingerprint technology. The facial recognition sector is forecasted to reach a value of $3.5 billion by 2015, while the fingerprint sector is scheduled to reach a value of $6.6 billion the same year.

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 http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://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, entity or individual person mentioned herein. The opinions and views expressed in this release regarding investor strategies and thoughts are the opinions of Mr. Verdi and do not reflect the opinions or views of FN Media Group, LLC or the opinions or views of any other company, entity or individual person mentioned in this release. 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.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information: Company: FN Media Group, LLC Contact email: editor@financialnewsmedia.com, U.S. Phone: +1(954)345-0611 URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC




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