Biometrics Tech Stocks Answers Public's Needs: Smart Wallet & Mobile Device Security Continues To Rapidly Advance
CORAL SPRINGS, Florida, March 20, 2014 /PRNewswire/ --
Biometrics companies continue to strive towards providing advanced, secure mobile products for consumers: NXT-ID, Inc. (OTCBB: NXTD), Apple Inc. (NASDAQ: AAPL), Symantec Corporation (NASDAQ: SYMC), Identive Group, Inc. (NASDAQ: INVE) and Juniper Networks, Inc. (NYSE: JNPR)
NXT-ID, Inc. (OTCBB: NXTD), a biometrics company focused on the growing e-commerce market, was highlighted by SoundView Technology Group after their participation and observations after a recent security and defense conference in New York. According to SoundView, it's common belief that access control and authentication continues to be one of the hottest sectors within the realm of security. NXT-ID is one of the companies contributing to this record with the shares up 4x at $4.25 from their public listing in 2013 at $1/share. NXT-ID provided an update of their Wocket smart wallet launch planned for this year, which includes two pilots on college campuses while adding partners for the commercial phase to begin in the middle of this year.
To read SoundView Technology Group's full press coverage for NXTD, please click here: http://finance.yahoo.com/news/shifting-security-landscape-access-control-123000494.html
The Wocket is a next generation platform that is designed to provide consumers with the convenience of packaging all cards in your wallet into one dynamic card. This includes debit, credit, loyalty cards, coupons and more. The Wocket will also avoid any assimilation obstacles, as it will work wherever credit cards are accepted.
Apple Inc. (NASDAQ: AAPL) recently announced iPad® with Retina® display replaces iPad 2 as the most affordable 9.7-inch iPad at $399 for the 16GB Wi-Fi model and $529 for the Wi-Fi + Cellular model. The fourth generation iPad features the amazing 9.7-inch Retina display, the Apple-designed A6X chip, ultrafast Wi-Fi, a 5MP iSight® camera which also captures 1080p HD video, a FaceTime® HD camera, and support for LTE carriers worldwide,¹ all while delivering up to 10 hours of battery life.² iPad with Retina display comes with iOS 7, featuring hundreds of great new features, including Control Center, Notification Center, improved Multitasking, AirDrop®, enhanced Photos, Safari®, Siri® and iTunes Radio℠. "Now for $399 customers can get iPad with a stunning 9.7-inch Retina display, fast A6X chip, and 5MP iSight camera, offering a dramatic upgrade in power, performance and value compared to the iPad 2 it replaces," said Philip Schiller, Apple's senior vice president of Worldwide Marketing.
Symantec Corporation (NASDAQ: SYMC) recently announced that Mark Garfield, previously senior vice president, finance and chief accounting officer, Brightstar Corporation, will become the chief accounting officer of Symantec effective March 10. He will report to Thomas Seifert Symantec's chief financial officer. At Brightstar, Garfield was responsible for implementing SOX level internal controls, launching an enterprise-wide ERP and global shared services project and creating its global internal control and technical accounting teams. He brings extensive expertise in financial reporting, accounting and finance function integration, Sarbanes-Oxley process management and compliance, and financial due diligence for all types of investments and acquisitions. "Mark is a seasoned business partner and will be a valuable addition to Symantec's broader management team," said Steve Bennett, president and chief executive officer.
Identive Group, Inc. (NASDAQ: INVE) will hold an audio webcast and conference call to discuss the results of its 2013 fourth quarter and year on Thursday, March 20, 2014, at 5:00 PM Eastern time. Jason Hart, CEO, and Brian Nelson, CFO, will host the webcast and conference call for financial analysts and investors, which will be followed by a Q&A. The webcast and conference call will be open to all interested investors. The audio webcast can be accessed by visiting the Investor Relations section of the Company's website at http://www.identive-group.com, and clicking on "Presentations & Webcasts." The conference call can be accessed by dialing 888.771.4371 (toll free within the U.S.) or +1 847.585.4405 (for international callers) and using passcode 36855924.
Juniper Networks, Inc. (NYSE: JNPR) , the industry leader in network innovation, recently announced that Catholic Health System, a non-profit healthcare system that provides medical services to Western New Yorkers across numerous care centers and hospitals, has deployed Juniper Networks data center solutions to support mission-critical healthcare applications. With approximately 1,000 acute care beds and 8,600 employees catering to acute care, primary care, long-term care, and lab and rehab services across 14 sites, Catholic Health required a reliable and secure, high-capacity network to support its electronic medical records (EMR) and medical imaging systems. Facing an aging legacy network and a flat budget, Catholic Health turned to Juniper for a cost-effective, easy-to-manage solution that could accommodate the organization's growing use of EMR without negatively impacting the performance and availability of other critical healthcare applications. After a rigorous competitive evaluation, Catholic Health chose Juniper Networks based on its ability to greatly simplify the configuration and management of the network, enabling Catholic Health to deliver technology-enabled patient care through high-IQ networks.
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