Smart Wallet Manufacturers and Technology Advancers Lead Growing m-Commerce Market - Company Files for NASDAQ Up Listing

CORAL SPRINGS, Florida, June 17, 2014 /PRNewswire/ --

Biometrics & Technology Briefing for companies making strides to improve various technology platforms as digital wallets, ecommerce/m-commerce market continues to evolve and grow at a rapid pace: NXT-ID, Inc. (OTCQB: NXTD), Apple, Inc. (NASDAQ: AAPL), eBay Inc. (NASDAQ: EBAY), Google Inc. (NASDAQ: GOOGLE), Visa Inc. (NYSE: V), MasterCard Incorporated (NYSE: MA) and Microsoft Corporation (NASDAQ: MSFT)

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, today announced that it has filed an application for listing on The NASDAQ Capital Market. Such listing is dependent on the Company meeting all of the necessary listing requirements of the NASDAQ.  Mr. Gino Pereira, CEO of NXT-ID, Inc. said, "If approved, a NASDAQ listing will allow the Company access to a broader range of investors, increase shareholder liquidity and allow the company greater financial flexibility as we ramp up to the delivery of our first consumer product, the Wocket™."

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

Wocket™ is a smart wallet in the same vein as 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 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.

Last week, SoundView Technology stated they forecasted 40,000 Wocket™ units will be ordered in 2014. NXT-ID is currently accepting pre-orders for the Wocket™ smart wallet at $149 at http://www.wocketwallet.com. SoundView also estimated a longer term intrinsic value of $20.55 for 2015. With a current intrinsic value estimate of $11.70, SoundView believes investors will discover the risk/reward of to be attractive.  Read the full NXTD report at http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_Update_Note_Final_June_2014.pdf

Apple, Inc. (NASDAQ: AAPL) could one day challenge eBay's (NASDAQ: EBAY) PayPal as a major player in the digital wallet market.  PayPal is already competing with a number of players including Google (NASDAQ: GOOG), Visa (NYSE: V) and MasterCard (NYSE: MA)," wrote  Piper Jaffray analyst Gene Munster according to StreetInsider. "In addition, PayPal has the advantage of having already rolled out a product, which is now available in about 2m locations, up from 250k last year. Apple will also have to build its retail or terminal partnerships from zero today." Read the full article at: http://wallstcheatsheet.com/technology/look-out-ebay-munster-sees-digital-wallet-in-apples-back-pocket.html/?a=viewall#ixzz34puAiNyN

In other technology news: Microsoft Corporation (NASDAQ: MSFT) recently announced the arrival of its Surface Pro 3 tablet in its retail stores. To celebrate the arrival of the Surface Pro 3, all Microsoft retail stores in the U.S. and Canada will host launch day activities starting when stores open on Friday, June 20, including VIP white-glove pre-order pickup, giveaways, music, food and more. Customers may now place preorders on MicrosoftStore.com.

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 Zoned Properties, Inc. by a non-affiliated third party.

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.