MELBOURNE, Florida, Nov. 2, 2016 /PRNewswire/ -- NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the "Company"), a security technology company, reports on the recent Money20/20 payment and fintech conference held in Las Vegas and the follow-on WorldVentures promotion and training event that introduced and distributed the new flye™ smart card to WorldVentures members.
NXT-ID, Inc. shared a booth with WorldVentures to introduce the flye smart card to the ten thousand plus attendees at Money20/20, the largest payments and financial services innovation conference in the world, held from October 23-26, 2016.
The smart card was then distributed to several hundred WorldVentures' members for the first time at 'A View from the Edge', held in Las Vegas from October 28-30, 2016. These US based recipients will be beta testing flye during 4th quarter of 2016.
Created for WorldVentures' travel club members, currently numbered at more than 500,000, flye can load up to 10 records (credit cards, loyalty cards, identity cards, and other data); be used as a payment method in the same way as a credit card, where accepted; and, earn loyalty points at select restaurants worldwide that can be used towards DreamTrips vacations.
At the 'A View from the Edge' event, attended by nearly 12,000 members, CTO Mike Remedios spoke on the importance of the flye smart card Beta program saying to members. "With your help, it's only going to be better faster."
Also reporting from the event , WorldVentures' Dave Ulloa Team7thpower said on social media, "Many years ago the founders of Skype said 'we are going to change the telecommunications industry and help people connect worldwide at no cost.' People thought they were crazy.
20 years ago Wayne Nugent, founder and visionary said there will come a day when we help people earn vacations and travel at no cost.
That time is now. The final piece to the puzzle is being launched this weekend. The "flye card" is a one of a kind disruptive technology that combined with our travel app and vacation club will help people travel the globe by earning their vacations.
The flye card is a computer the size of your credit card where you can upload up to 10 credit cards, loyalty cards or debit cards. With a touch swipe feature you can choose which you want to use. More secure than your average credit card. Bluetooth enhanced for a level of service like no other. This smart card is exclusive to our members and purchases with the card at participating partners will earn points to allow our members to earn vacations and travel at no cost.
We've never been more excited. NEXT is here. This weekend we launch the founder's edition of the flye card. Stay tuned it will change the travel industry like no other. "
Gino Pereira, CEO of NXT-ID said, "We were overwhelmed by the level of enthusiasm from WorldVentures members at the View. Together we look forward to launching the smartest card you'll ever own."
WorldVentures Marketing, LLC, a privately held company based in Plano, Tex., is a global travel club that sells memberships providing a diverse set of lifestyle products and experiences. The company uses the direct sales model to go to market with active Representatives and Members in 29 countries. http://worldventures.com
About Nxt-ID, Inc.
Nxt-ID, Inc. (NASDAQ: NXTD) is a security technology Company providing security for finance, assets and healthcare. The Company's innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce and smart OS-enabled devices. With extensive experience in biometric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things ("IoT") applications. The Company's wholly owned subsidiary, LogicMark, LLC, manufactures and distributes nonmonitored and monitored personal emergency response systems ("PERS") sold through the United States Department of Veterans Affairs ("VA"), healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors.
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.
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SOURCE NXT-ID, Inc.