2014

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."

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.

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.