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Smart Technology Products Including Next Generation Digital Wallets and Improved SmartPhones Looking to Gain Traction - Major CNBC Ad Campaign Kicks into High Gear for Newest Smart Wallet


News provided by

FN Media Group LLC

May 13, 2014, 08:30 ET

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CORAL SPRINGS, Florida, May 13, 2014 /PRNewswire/ --

Biometrics companies making strides to improve smart technology along with virtual currency with intentions of catering to consumers' wants and needs: NXT-ID, Inc. (OTCBB: NXTD), Google Inc. (NASDSAQ: GOOG), Microsoft Corporation (NASDSQ: MSFT), Apple Inc. (NASDAQ: AAPL) and MeetMe, Inc. (NASDAQ: MEET)

NXT-ID, Inc., (OTCBB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce that the first series of 30 second spots on CNBC for its next generation smart wallet, Wocket™ , will start airing May 14th. The ads will air on Squawk Box, Squawk on the Street and Street Signs .  The "Get to know Wocket™ " ad campaign  is part of a comprehensive  marketing roll- out  including the May 28th press conference and marketing event to be held at the Plaza Hotel in New York City  ( 3:00 - 5:00 PM ). Advance ordering for Wocket™ will start at 5:00 pm May 28th at http://www.wocketwallet.com/.

Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

To read the full press release and see the CNBC Ad campaign schedule, please click here: http://www.fnmprofiles.com/profiles-nxtd.html

There's a new device that could replace your wallet for good, while still keeping your information safe from hackers.  We've all heard of smartphones, even smart watches, but soon smart wallets will be hitting the market. Creators of the Wocket hope it will be in your pocket.

"This becomes your personal vault," said CEO Gino Perreira of NXT ID.  Perreira claims the Wocket is designed to prevent identity theft. According to Travelers Insurance in Hartford, 40 percent of identity theft is caused by a lost or stolen wallet. The Wocket was tested by focus groups at the University of New Haven and Sacred Heart and fared well with students, according to Perreira. He added the batteries don't have to be charged, ever.  Read more from Gino Perriera, CEO of NXT-ID, Inc at: http://www.wfsb.com/story/25478720/wocket-smart-wallet-stores-information-for-hundreds-of-credit-and-gift-cards

As more companies continue to develop and improve their smart technology, competition is steadily heating up as smartphones and digital wallets see increasing demand from consumers. Android smartphone margins are at risk as Google  (NASDAQ: GOOG) standardizes Android's global footprint. While Google's smartphone strategy may be bad news for Android OEMs like Samsung, it could provide an opportunity for Microsoft's (NASDAQ: MSFT) Windows 8  and Apple Inc.'s (NASDAQ: AAPL) iOS to gain traction in the smartphone market.

To read the full story, please click here. (http://www.fool.com/investing/general/2014/05/12/android-is-like-windows-and-thats-good-news-for-mi.aspx)

In other Virtual Currency News: MeetMe Inc. (NASDAQ: MEET), a company that aims to help people meet through social games and apps, is monetized by both advertising and virtual currency. The company recently announced it has completed integration of real-time components and photo-sharing in Chat, the most popular feature of the company's flagship mobile app on both iOS and Android.

MeetMe CEO Geoff Cook said, "Since we first launched ephemeral photos in mobile Chat on April 21, we have seen overall photo posting volume increase by 26%. Now approximately 100,000 ephemeral photos are being shared each day. In addition, we believe that launching real-time capability within Chat has driven increased engagement. In the last two weeks, chats sent per day in our mobile apps increased 31% vs. the Q1 average, and screen views in mobile Chat increased 23% vs. the Q1 average."

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.  FFor 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:  [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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