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Consumers Flock to This Summer's Must Have Tech Gadgets as Latest Digital Wallets, Smart Technology & Wearable Products Continue to Grow in Popularity & Functionality


News provided by

FN Media Group LLC

Jul 08, 2015, 08:30 ET

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CORAL SPRINGS, Florida, July 8, 2015 /PRNewswire/ --

The consumer products industry for innovative tech gadgets is constantly evolving as this summer's must have products such as wearables, smart wallets & other smart technology are becoming high in demand as popularity for biometrics based devices continues to rapidly grow.  Biometrics & Wearable Device Companies in focus today are NXT-ID, Inc. (NASDAQ: NXTD), Google Inc. (NASDAQ: GOOG), Apple Inc. (NASDAQ: AAPL), Fitbit Inc. (NYSE: FIT), GoPro, Inc. (NASDAQ: GPRO) and Baidu Inc. (NASDAQ: BIDU)

NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market announces a revised version of one of its first 30 second commercials will resume airing this week. The commercial will air on CNBC in New York, Chicago, Los Angeles and San Francisco metro areas.   Video - https://www.youtube.com/watch?v=STnJXCKv4yw&feature=youtu.be

Read the full NXTD Press Release at http://www.financialnewsmedia.com/profiles/nxtd.html

The commercial focuses on Wocket's ability to replace all the cards in your wallet and keep your identity secure. The original version of the commercial has had just under 400,000 views on YouTube.com and has been broadcasted nationally and regionally on CNBC prime-time air spots as part of the Wocket branding in the US.  Gino Pereira, Chief Executive Officer said, "We are continuously using broadcast and digital venues to educate our potential customers on what the real value of owning a Wocket is; it becomes your own personal vault with all of your credit cards, loyalty cards, passwords and any other personal info you want to store. Wocket can store your identity and keep it secure; it's much more than just a payment technology."    Wocket® is the smartest wallet you'll ever own. Designed to protect your identity and replace your old wallet, simply swipe and save your cards into Wocket once and they are immediately secured with pin and biometric voice print technology.  Without ever needing a smartphone, you can choose a card from the touch screen and Wocket programs its single, smart card (Wocket Card) to match your selection.

In other smart wallet technology news & happenings:  Android Pay is Google's (NASDAQ: GOOG) direct response to Apple's (NASDAQ: AAPL) mobile payment system, and a successor to Google Wallet, which has gained little traction over the past four years. Samsung Pay, announced by the Korean manufacturer at its own Galaxy S6 and S6 edge announcement on March 1st at MWC, is set to debut this September with the arrival of the Galaxy Note 5 and the company's new, round smartwatch.

Chinese web services firm Baidu (NASDAQ: BIDU) is developing a physical smart wallet that will feature biometric voice and iris recognition to prevent unauthorized access, according to leaked patent documents cited in a report by Android Headlines.  According to the patent documents, Baidu's smart wallet appears to be like any other wallet, only with added smart features to improve security levels.

In wearables & tech news & developments:  Fitbit Inc. (NYSE: FIT) provides wearable fitness-tracking devices worldwide. The company makes both wrist bands and clippable devices that monitor a user's fitness activity by tracking the calories burned or distance covered.  As Fitbit  leads the fitness-tracker pack with an estimated 85% market share, it stands to reason that it theoretically has a lot to lose if Apple Watch takes off. That may not be exactly the case.  There's very little customer overlap - The fact is that there will be very little overlap - not only between the markets but also between the prospective customer bases.  Read the full article at http://time.com/money/3932319/apple-watch-fitbit/

GoPro, Inc. (NASDAQ: GPRO), enabler of some of today's most engaging content, introduced a collection of new accessories to stoke out your creativity and content capture with every GoPro camera. The products add to GoPro's expansive array of mounts and accessories, providing infinite options for capturing unique shots and immersive content.  Read the fulll release at http://finance.yahoo.com/news/gopro-releases-suite-mounts-accessories-191900948.html

FinancialNewsMedia.com is a 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 nine hundred dollars for news coverage of the current press release issued by NXT-ID, Inc.by the company.  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:  [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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