NXTD news March 31, 2014 Witness the Evoluti
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Witness the Evolution of Smart: Press Conference and Launch Event for Wocket(TM), a Next Generation Smart Wallet, to Be Held in New York City, May 28th: Pre-Ordering Available Following Event
"Wocket(TM) Has the Capability to Change the Way People Make Credit Card Transactions Worldwide"- Gino Pereira, Chief Executive Officer
SHELTON, CT--(Marketwired - Mar 31, 2014) - NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces the first corporate launch event and press conference for its next generation smart wallet, Wocket™, designed to replace all the cards in your wallet. The event will take place in New York City on May 28th.
The marketing event and press conference will give consumers and media a first-hand look at the Wocket™ Smart Wallet, the Wocket™ Card, its new logo and brand images, new consumer video and new packaging. Following the event, consumers will be able to pre-order Wocket™ online.
First consumer videos will be released online mid- April, prior to the event .The location and time for the press conference and launch to be held in New York will be announced shortly in upcoming marketing press releases.
Introducing Wocket™ will be Mr. Gino Pereira, Chief Executive Officer of NXT-ID, Inc., accompanied by David Tunnell, Chief Technology Officer and Advisory Board member, Mr. Lawrence Flanagan, the former Global Chief Marketing Officer of MasterCard. Mr. Flanagan managed a $1.5 billion budget, directed marketing strategies in more than 50 countries and helped launch the company's hugely successful, "Priceless" advertising campaign.
In anticipation of the launch event and press conference, Mr. Pereira said, "Wocket™ is truly the evolution of smart devices for consumers that are concerned about security in the payment industry. I believe Wocket™ addresses security and convenience better than any of our competitors coming to market. There is growing demand and consumer interest for a product like this that protects privacy and prevents identity theft and there are a number of features that makes Wocket™ stand out from the crowd. Wocket™ is biometrically secure, so only you can access it with your own unique combination of voice, PIN or pattern; each time your card is used the information on your card is zeroed, so it is useless to someone else who tries to use it or steal it; Wocket™ can store up more than 10,000 cards so all the loyalty cards and gift cards that you have at home, and can never find when you need them, are now easily accessible. Most importantly Wocket™ is separate from your phone, so if your phone is stolen, lost or runs out of battery, you can still use Wocket™, with its full functionality, just as you would your wallet."
"At a time when smartphones are stolen and hacked daily, consumers are concerned about storing all their payment information and identity on their phone. Wocket™ will evolve as the payment industry evolves. Wocket™ is just the beginning of our MobileBio™ suite of products that include technologies for data encryption to further reduce credit card fraud similar to that recently experienced by Target and other retailers. Future versions of Wocket™ will include a wider range of communication technologies, such as 4G and NFC, protected by our proprietary encryption technologies "
He went on to say, "Our goal is to stay ahead of the curve by bringing consumers the smartest payment, authentication and identity security solutions possible. Ten years from now we want consumers to remember this launch and talk about the first generation Wocket™ they purchased. Wocket™ has the capability to change the way people make credit card transactions worldwide."
Wocket™ is a smart wallet in the same vein as 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 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.
Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
The Wocket product FAQ is available to consumers and media at:
http://nxt-id.com/wocket-faq/
Interested consumers can also sign up for product info and news alerts in anticipation of the product.
http://www.thewocket.com/ , http://www.wocketwallet.com/
About NXT-ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ 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™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/ , http://www.wocketwallet.com/
NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/ , http://3d-id.net/