2014

Smart Technology Innovations Led by Evolving mCommerce Convenience - Biometrics Company Ramps Up National Advertising for Newest Smart Wallet

CORAL SPRINGS, Florida, July 9, 2014 /PRNewswire/ --

Smart technology advancers compete to develop newest platforms as biometrics industry rapidly grows by leaps and bounds:  NXT-ID, Inc. (OTCBB: NXTD), Google Inc. (NASDAG: GOOG), Facebook Inc. (NASDAQ: FB), Apple Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT)

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces the  weekly schedule for its second series of 30 second spots on CNBC for its next generation smart wallet, Wocket™. The ads began airing Monday, July 7th on Squawk Box and Fast Money. The new ad, "Introducing Wocket™, the Smart Wallet", comparing traditional bulky wallets with the Wocket is part of a new campaign that will include a social media contest that will be announced shortly.

The CNBC advertisements will air daily between 7:00am and 7:30am on Squawk Box and between 12:00pm and 12:30pm on Fast Money Half Time.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-nxtd.html

Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation 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.

The rapidly growing industry of biometrics pocketed $7.2 billion in 2012, according to Frost & Sullivan. And by 2020, it will swell to $20 billion, says Janice Kephart, Founder and CEO of the Secure Identity & Biometrics Association (SIBA). Even Google (NASDAQ: GOOG) and Facebook (NASDAQ: FB) are incorporating smart technology and facial recognition technology into their systems. Quoted in Newsweek, Kephart says, "Consumers will begin to see that biometrics delivers privacy and security at the same time." To read this full story, please click here: http://www.trefis.com/stock/nxtd/articles/245945/our-verdict-on-this-emerging-biometrics-company/2014-07-08

In another corner of the biometrics sector, Apple (NASDAQ: AAPL) is also jumping into the smart technology market with the development of its smartwatch. And according to other reports, Apple is also rumored to be entering the smart home race. Products the company could develop include speaker systems, control panels for homes and more.

Also in technology news, Microsoft Corp. (NASDAQ: MSFT) and Canon Inc. (NYSE: CAJ) recently broadened their strategic alliance with the announcement of a broad patent cross-licensing agreement. With this agreement, Microsoft and Canon gain licenses to each other's highly valued and growing patent portfolios. "This collaborative approach with Canon allows us to deliver inventive technologies that benefit consumers around the world," said Nick Psyhogeos, general manager, associate general counsel, IP Licensing of the Innovation and Intellectual Property Group at Microsoft. "Microsoft believes cooperative licensing is an effective way to accelerate innovation while reducing patent disputes."

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. 

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 mentioned herein. FNMG and its affiliated companies are a news dissemination 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. All material included herein is republished content and details which were previously disseminated by the companies mentioned 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. For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by a non-affiliated third party company.

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




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.