Technology Briefing: Market Leaders in the News: NXT-ID, Honeywell, SAIC, Alcatel-Lucent, Alvarion
CORAL SPRINGS, Florida, August 28, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's leaders in the Biometrics - Technology sectors: NXT-ID, Inc., (OTCQB: NXTD), Honeywell Aerospace (NYSE: HON), SAIC (NYSE: SAI), Alcatel-Lucent (NYSE: ALU) and Alvarion Ltd. (NASDAQ: ALVR).
NXT-ID, Inc., (OTCQB: NXTD) Headline: Information to Be Available Through S&P Capital IQ Corporation Records Program for Biometric Company NXT-ID, Inc. NXT-ID, a biometrics company focused on the growing m-commerce market announces today that its company information would be made available via S&P Capital IQ Corporation Records Listing Program. As part of the program, a full description of NXT-ID, Inc. will be published in the Daily News Section of Standard & Poors's Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. S&P Capital IQ Corporation Records is available in print, CD-ROM, and via the web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
The company information about NXT-ID, Inc. to be made available through this program includes an in-depth description of the company's business operations, share price, dividend history, shares outstanding, company financial position, earnings, and full income statement and balance sheet.
To read the entire press release, please go to http://finance.yahoo.com/news/information-available-p-capital-iq-110300290.html
NXT- ID Inc. - Mobile Security for a Mobile World NXT-ID, Inc. innovative MobileBio(TM) solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio(TM) suite of biometric solutions that secure consumers' mobile platforms. NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition.
FNM's Spotlight Article on Today's Biometrics Technology: As the technology world buzzes with speculation that the next iPhone will have a fingerprint reader, makers of biometric security devices are bracing for a race among smartphone makers to adopt the technology. Apple Inc. (NASDAQ: AAPL) will unveil a new iPhone next month, according to a person familiar with the plans. ABI Research and KGI Securities Co. are among the industry watchers that say the device will include a fingerprint reader, a prediction bolstered by Apple's $350 million purchase of fingerprint- sensor maker AuthenTec Inc. last year. "Apple is giving a strong indication that market leaders see biometrics as part of their roadmap," said Thomas Marschall, chief executive officer of Precise Biometrics AB (Stockholm: PREC), a maker of authentication equipment such as fingerprint sensors in Lund, Sweden. "All competitors are looking for alternatives to match Apple -- it's the kickoff of a rally in the industry." Mobile-device makers are turning to biometrics to make smartphones more secure and quicker for making payments and accessing files, music and video through so-called cloud services. An Apple embrace of fingerprint sensors could give the technology a lift, much like the boost touch screens got after the iPhone's introduction in 2007. Device makers started paying attention to biometrics, which can replace passwords and signatures, after the AuthenTec acquisition, Marschall said. Read the entire article at http://www.bloomberg.com/news/2013-08-13/iphone-fingerprint-reader-talk-boosting-biometric-stocks.html
Russian airlines Aeroflot, UTair and aircraft leasing firm Aviation Capital Services have ordered a total of 126 avionics suites from US avionics firm Honeywell Aerospace (NYSE: HON) for installation on their latest fleets the firm said. Honeywell said that its avionics suites feature the latest systems to maximize safety, increase passenger comfort and reduce pilot workload. Deliveries start in 2013 and include 16 avionics suites for Aeroflot's latest Boeing (NYSE: BA) 777 fleet. Also 50 avionics suites were ordered for ACS' latest Boeing 737NG fleet. In 2012 Aeroflot signed a memorandum of understanding with ACS to lease 50 737NGs, extending Aeroflot's Honeywell avionics portfolio.
Science Applications International Corporation (SAIC) (NYSE: SAI) announced it was awarded a prime contract by the U.S. Marine Corps Logistics Command (LOGCOM) to provide innovative and responsive logistics support to meet the evolving mission needs of the war fighter. The multiple-award, indefinite-delivery/indefinite quantity contract has a one-year base period of performance, four one-year options, and a total contract value of $854 million for all awardees, if all options are exercised. Work will be performed throughout the continental United States and outside the continental United States.
Alcatel-Lucent (NYSE: ALU) announced the appointment of Jean Raby as Chief Financial & Legal Officer, effective September 1, 2013 - 2.57 : Jean Raby served as a Partner and Managing Director in the Investment Banking Division at Goldman Sachs (GS) until the end of 2012.
Alvarion Ltd. (NASDAQ: ALVR) engages in the design, development, manufacture, and marketing of wireless products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers broadband wireless applications for various enterprise markets, providing owners and operators of public networks, private networks, utility companies, and municipalities with broadband connectivity and applications. ALVR was trading up 75% so far today on 2.1Million shares as of 10:30am August 28, 2013.
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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.
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