SHELTON, CT -- (Marketwired) -- 04/30/14 -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce the company is offering a limited edition "Signature" Wocket smart wallet to its shareholders.
Shareholders of record owning at least 100 shares as of May 23rd, 2014 that advance order, and pay for, a Wocket on the website www.wocketwallet.com between May 28th and June 15th, 2014 will be sent a special limited "Signature" edition Wocket.
The company also announced today that the retail pricing for Wocket will be $149.99.
NXT-ID is currently launching a marketing campaign for its smart wallet, Wocket, which is designed to protect your identity and replace all the cards in your wallet, no smart phone required. A series of CNBC ads will start airing during prime-time hours commencing the week of May 12th, followed by a press conference and marketing event for media and shareholders May28th at the Plaza Hotel in New York. Advance ordering will be available online following the event. Additional marketing will include online and print ads for Wocket's launch.
"Some of the largest, most successful companies have implemented similar opportunities to share the benefits of their companies with their shareholders. This is a way for us to thank our shareholders that believe in our next generation technology," said Gino Pereira, CEO of NXT-ID, Inc. "We believe can change the whole wallet industry. The wallet is the last bastion of the pre-digital age. We intend to change that by providing a modern smart wallet that is both comfortable and convenient to use, all the while protecting your identity and assets; it's your personal vault."
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 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.
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.
Media and shareholders wishing to attend the May 28th Plaza Hotel event ( from 3:00 to 5:00 P.M.) can email firstname.lastname@example.org and request to be added to the limited guest list.
Interested consumers can also sign up for product info and news alerts in anticipation of the product. Advance ordering will be available following the May 28th event at http://www.wocketwallet.com/
The Wocket product FAQ is available to consumers and media at
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.wocketwallet.com/
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, the Company's securities.
Forward-Looking Statements for NXT-ID
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
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