Smart Wallets, Smart Phones and Smart Watches Become Next Generation Technology Must Haves - Company Strengthens Board of Directors & Readies for NASDAQ Up Listing
CORAL SPRINGS, Florida, June 24, 2014 /PRNewswire/ --
Smart technology companies strive to meet exploding demand for consumers as smart wallets, watches and other technologies are developed and improved: NXT-ID, Inc. (OTCBB: NXTD), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Yahoo! Inc. (NASDAQ: YHOO) and Microsoft Corporation (NASDAQ: MSFT)
NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, today announced the appointment of Daniel Sharkey as an independent director of the firm, effective immediately. Mr. Sharkey's appointment expands the Board to 4 directors, 3 of whom are independent directors. As a financial expert, Mr. Sharkey will chair the Company's Audit committee and become a member of the Compensation and Nominating committees. "Dan's 36 years of broad experience with finance and business development for technology companies will add a valuable perspective to our Board of Directors," said Gino Pereira, Chief Executive Officer of Nxt-ID. "We appreciate his willingness to serve as a director and look forward to benefitting from his judgment and counsel. This is an important step for us following our NASDAQ application last week."
To read the full press release, please click here: http://fnmprofiles.com/profiles-nxtd.html
Dan Sharkey was Executive Vice President of Business Development of ATMI, a publicly traded semi-conductor company from 2007 to 2014 that merged with Entegris, Inc. (NASDAQ: ENTG), and was responsible for expanding ATMI markets and long-term growth potential by identifying and delivering new strategic and product opportunities. Mr. Sharkey joined ATMI as Chief Financial Officer in April 1990 and continued in that position with the additional responsibilities as Treasurer and Secretary until 2007. ATMI was sold to Entegris in 2014 for $1.15 billion.
NXTD recently announced it has submitted an application for listing on The NASDAQ Capital Market. 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™." http://finance.yahoo.com/news/nxt-id-announces-application-nasdaq-180000341.html
In other smart technology news, Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) continue to develop their latest platforms, now putting an emphasis on health becoming intertwined with wearables like the smart watch. According to reports, Samsung is also in on the movement, as seen with the Galaxy S5's built-in heart rate monitor. To read the full article, please click here: http://www.independent.ie/business/technology/news/apple-google-samsung-vie-to-bring-health-apps-to-wearables-30376030.html
Yahoo (NASDAQ: YHOO) recently launched a new smartphone UI experience, according to reports. Coined Aviate, the technology is available for Android devices and will include functions like email and calendar integration, traffic updates and more.
Microsoft (NASDAQ: MSFT) recently announced that more than 100,000 employees of the County of Los Angeles will move to Microsoft Office 365 for Government, including roughly 20,000 law enforcement personnel. "The county is constantly looking at opportunities to manage cost and improve service," said Richard Sanchez, chief information officer for Los Angeles County. "Office 365 enables us to best manage our licenses, provide greater services to all 30-plus departments and control cost. Each department is unique in its needs and requirements, but departmental CIOs saw that with Office 365, they would be able to better serve the needs of their departmental employees and of the constituents."
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