NXT-ID Inc (NASDAQ:NXTD) Starting 2016 Off Strong


NXT-ID Inc (NASDAQ:NXTD) Starting 2016 Off Strong

2016 is shaping up to be a good one for NXT-ID Inc (NASDAQ:NXTD). After a disappointing 2015, the company looks to have things lined up to sell more Wockets than many are expecting. For those that haven’t gotten into NXTD yet, it’s a stock worth having a closer look at.

The excitement this year started off right after the New Year when NXT-ID signed a deal with WorldVentures, a privately held leading direct seller of vacation and entertainment club memberships and Inc. 5000 fastest-growing company. The agreement calls for WorldVentures to make a strategic investment of $2 million in Nxt-ID to develop a proprietary new wireless smart card for its members—numbering in the several hundreds of thousands worldwide—based on Nxt-ID’s Wocket, a unique smart wallet that serves to securely store all credit cards. The smart card will be customized with additional technologies and wireless features, such as the ability to seamlessly integrate with WorldVentures’s DreamTrips App to wirelessly check in and earn loyalty points towards free DreamTrips vacations at select restaurants. DreamTrips is a travel club and entertainment community where Members enjoy exciting excursions year-round to extraordinary destinations.

WorldVentures currently has approximately 500,000 DreamTrips Members, with as many as 80,000 new Members joining every month. The vision of WorldVentures’s executive team is to make the smart card available to every existing member, and provide a member kit to every new member that includes the smart card. This strategic alliance is the first step in achieving that vision.

In the presentation to Members, it was demonstrated how the new smart card, just like the Wocket card designed to replace all the cards in your wallet, the new DreamTrips card will make travel and vacationing simpler and more secure. David Tunnell, Executive Vice-President and Chief Technology Officer for NXT-ID was invited onstage during the smart card presentation. He said, “We received an overwhelmingly enthusiastic and positive reception at the convention. It was quite an experience being in front of tens of thousands of people and witness the support for our smartcard technology.”

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The latest news is that effective January 2016, all Wockets sold will be enabled with NFC (Near Field Communication) payment technology. As new partnerships with financial institutions are completed, Wocket owners will be notified when they can make NFC payment transactions. This will require a software upgrade through the Wocket app. Gino Pereira, CEO of NXT-ID explains” The next generation Wockets are NFC enabled for payments like Apple Pay or Google Pay. It works as they do when you tap your Wocket to a terminal and it takes your payment. In 2016 we envision several product extensions for Wocket including NFC only Wockets and a new smartcard and app product all at different price points for various customer needs and preferences.”

This technology was previewed at the Consumer Electronics Show (CES) in Las Vegas earlier this month along with a new contactless method of making Wocket payments at unmodified point of sale terminals that normally can only accept magnetic stripe cards.

According to Zion Research and their new report,  “Mobile Wallet (NFC and Remote Payment) Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020″ , global demand for mobile wallet market was valued at USD 500 billion in 2014 and is expected to reach USD 2,500 billion in 2020, growing at a CAGR of approximately 30% between 2015 and 2020.

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We expect the deal with WorldVentures and NFC payment technology to help drive sales. Each Wocket retails for $179. SoundView Technology Group estimates that NXTD will sell 120,000 Wockets this year. That’s over $21 million in revenues. With a current market cap of just $29 million, shares of NXTD are extremely undervalued at current levels.  

NXT-ID Rolls out NFC Enabled Wocket Smart Wallets for 2016


NXT-ID Rolls out NFC Enabled Wocket Smart Wallets for 2016

MELBOURNE, Florida, January 25, 2016 /PRNewswire/ —

NXT-ID, Inc. (NXTD) (“NXT-ID” or the “Company”), a company focused on the growing mobile commerce market, announces that effective January 2016, all Wockets sold will be enabled with NFC (Near Field Communication) payment technology.

As new partnerships with financial institutions are completed, Wocket owners will be notified when they can make NFC payment transactions. This will require a software upgrade through the Wocket app. Gino Pereira, CEO of NXT-ID explains” The next generation Wockets are NFC enabled for payments like Apple Pay or Google Pay. It works as they do when you tap your Wocket to a terminal and it takes your payment. In 2016 we envision several product extensions for Wocket including NFC only Wockets and a new smartcard and app product all at different price points for various customer needs and preferences.”This technology was previewed at the Consumer Electronics Show (CES) in Las Vegas earlier this month along with a new contactless method of making Wocket payments at unmodified point of sale terminals that normally can only accept magnetic stripe cards.

NXT-ID Director Stanley Washington, who spent 17 years as a senior executive at American Express, commented while attending CES, “This is a very exciting period for NXT-ID. The Company has a technology platform that can make payments by multiple methods to suit consumer preferences in a number of different form factors. This makes the technology appealing to strategic partners from financial institutions to makers of devices that would like to incorporate payment technology.”
According to Zion Research and their new report,  “Mobile Wallet (NFC and Remote Payment) Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020” , global demand for mobile wallet market was valued at USD 500 billion in 2014 and is expected to reach USD 2,500 billion in 2020, growing at a CAGR of approximately 30% between 2015 and 2020.

Wocket® is the smartest wallet you’ll ever own. Designed to protect your identity and replace your old wallet, simply save your cards into Wocket once and they are immediately secured. You can choose a card from the touch screen and Wocket programs its single, smart card (Wocket Card) or uses its NFC touch to pay technology to match your selection. Your Wocket can be used virtually anywhere that credit cards are accepted today. Wocket can also display a variety of barcodes.
All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.

About NXT- ID Inc. – Mobile Security for a Mobile World 

NXT-ID, Inc.’s 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 solutions that secure consumers’ mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. http://www.wocketwallet.com/
NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Product images are available for media at: http://press.nxt-id.com

Aethlon Medical’s Exosome Sciences To Participate In Clinical Research Study To Diagnose Chronic Traumatic Encephalopathy (CTE)


Aethlon Medical’s Exosome Sciences To Participate In Clinical Research Study To Diagnose Chronic Traumatic Encephalopathy (CTE)

SAN DIEGO, Jan. 12, 2016 /PRNewswire/ — Exosome Sciences, Inc., in collaboration with majority shareholder Aethlon Medical, Inc. (AEMD), announced today that it has agreed to participate in a clinical research study to establish methods for detecting and diagnosing chronic traumatic encephalopathy (CTE) during life as well as examining risk factors for CTE. CTE is a disease of the brain often found in athletes, military veterans, and others with a history of repetitive head impacts. At present, CTE can only be definitively diagnosed through post-mortem examination of brain tissue.

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Aethlon Hemopurifier.

The research study will be conducted under a $16 million grant that the National Institutes of Health/National Institute of Neurological Disorders and Stroke (NIH/NINDS) has awarded to researchers from Boston University, the Cleveland Clinic, Banner Alzheimer’s Institute and Brigham and Women’s Hospital in Boston. Overall, the project will involve a group of approximately 50 investigators, representing 17 research institutions. Exosome Sciences has agreed to test an exosomal tau biomarker (TauSome™) that it has been advancing as a blood-based candidate to diagnose CTE.
“We are truly grateful that our colleagues at the Boston University CTE Center have expanded our opportunity to validate our Tausome™ biomarker as a candidate to detect and monitor CTE in living individuals,” stated Jim Joyce, Executive Chairman at Exosome Sciences and Chairman and CEO of Aethlon Medical.

Following its participation in the Diagnosing and Evaluating Traumatic Encephalopathy Using Clinical Tests (DETECT) study conducted by the Boston University CTE Center, Exosome Sciences also disclosed that it has agreed to provide follow-on TauSome™ testing to former NFL players who participated in that study. The DETECT study was the first research project on CTE to be funded by the NIH, with support from NINDS, the National Institute on Aging (NIA), and the National Institute of Child Health and Human Development (NICHD).  The DETECT study enrolled former NFL players (ages 40-69) and same-age “control” athletes who played non-contact sports. A manuscript which details TauSome™ (exosomal tau) data resulting from the DETECT study is pending publication.

About CTE

Chronic Traumatic Encephalopathy (CTE) is a disease of the brain found in athletes, military veterans, and others with a history of repetitive head impacts. This type of trauma can trigger progressive degeneration of the brain tissue, including the build-up of an abnormal form of a protein called tau. The brain degeneration is associated with memory loss, confusion, impaired judgment, impulse control problems, aggression, depression, and eventually progressive dementia. A study recently conducted by the Department of Veterans Affairs and Boston University found CTE in 87 of 91 examined brains (post-mortem autopsy) of former NFL players. At present, the diagnosis of CTE can only be made through post-mortem examination of brain tissue.

About Exosome Sciences

Exosome Sciences, Inc., in collaboration with majority shareholder Aethlon Medical (AEMD), is focused on discovering exosomal biomarkers to diagnose and monitor Alzheimer’s disease (AD), Chronic Traumatic Encephalopathy (CTE) and other neurological disorders. Our TauSome™ biomarker (also referred to as exosomal tau) is being studied as the basis for a blood-based test to identify CTE through the DETECT Study being conducted by the Boston University CTE Center. TauSome™ detection and the use of a TauSome™ biomarker to identify and monitor CTE and other neurological disorders are protected by multiple patent applications. Visit www.exosomesciences.com for additional details.

About Aethlon Medical, Inc.
Aethlon Medical creates affinity biofiltration devices to treat life-threatening diseases. The Aethlon Hemopurifier® is a leading broad-spectrum treatment countermeasure against infectious viral pathogens. The device, which has been successfully administered to individuals infected with HIV, Hepatitis C (HCV) and Ebola virus, is currently the subject of FDA approved clinical studies. Aethlon is also studying the potential use of the Hemopurifier® to address exosomes secreted by tumors to promote the spread of metastasis and suppress the immune system of cancer patients. The Company provides government contracting services to the Defense Advanced Research Projects Agency (DARPA) related to the development of a biofiltration device to treat sepsis and maintains majority ownership of Exosome Sciences, Inc., which is focused on the discovery of exosomal biomarkers to diagnose and monitor Chronic Traumatic Encephalopathy (CTE) and other neurological disorders. Additional information can be found online at www.AethlonMedical.com or you can connect with us on Twitter, LinkedIn, Facebook and Google+.

NXT-ID Expands on Recent Announcement of Strategic Alliance With World Ventures


Nxt-ID, Inc. (NASDAQ: NXTD), a company focused on the growing m-commerce market and WorldVentures®, a privately held leading direct seller of vacation and entertainment club memberships and an Inc. 5000 fastest-growing company announced that on December 31, 2015, that WorldVentures completed a strategic investment of $2 million in Nxt-ID to develop a proprietary new wireless smart card for its members based on Nxt-ID’s Wocket®, a unique smart wallet that serves to securely store all credit cards and other private information.

WorldVentures currently has approximately 500,000 DreamTrips Members, with as many as 80,000 new Members joining every month. The vision of WorldVentures’s executive team is to make the smart card available to every existing member, and provide a member kit to every new member that includes the smart card. This strategic alliance is the first step in achieving that vision.

The smart card developed by Nxt-ID will be customized for WorldVentures with additional technologies and wireless features, such as the ability to seamlessly integrate with WorldVentures’s DreamTrips™ App to wirelessly check in and earn loyalty points towards free DreamTrips vacations at select restaurants. DreamTrips is a travel club and entertainment community where Members enjoy exciting

excursions year-round to extraordinary destinations.
“This represents a major step forward for NXT-ID and its technology with potential significant revenue from our WorldVentures partnership in the coming year.” Said Gino Pereira, CEO of NXT-ID.

About WorldVentures

WorldVentures is the leading international direct seller of vacation club memberships and helps people achieve more fun, freedom and fulfillment by offering DreamTrips Memberships, which include unique vacations at reduced prices. WorldVentures is a privately held company based in Plano, Texas, with active Representatives and Members in 28 countries. http://worldventures.com

About Nxt-ID, Inc.

Nxt-ID, Inc. is focused on the growing m-commerce market, launching its innovative MobileBio suite of biometric solutions that secure consumers’ mobile platforms led by Wocket, a next generation smart wallet designed to replace all the cards in your wallet.
http://wocketwallet.com, http://nxt-id.com/

Wallets Get Smart With Wocket


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http://www.ubergizmo.com/2016/01/wocket-smart-wallet/

[CES 2016] Even wallets would like to get smarter this year – and the Wocket looks to be the first in potentially many devices of a similar genre down the road. The Wocket smart wallet, as it is called, happens to be a physical wallet, albeit with a difference. It will not bend as easily as your regular leather or PVC wallet due to the fact that it has electronic components within and a non-bendable display, so for those who love to place their wallets in their tight back pockets, you might want to think twice. Basically, you key in your credit card, ATM and debit card details into the Wocket, and you no longer need to physically tote those cards around no more. With a capacity to store up to 10,000 card information within, it can be said to be a wallet that lasts a lifetime. Who has 10,000 credit, debit and ATM cards anyway?

Setting it up is a snap – just follow the instructions on the screen, and you should not have any issues at all. Cards with a magnetic stripe will require you to swipe each one into the Wocket to have i stash the information, and if you have other kinds of cards without magnetic stripes, ala voter registration or insurance cards, then key in the information manually via the Wocket’s touchscreen.

Purchasing something just requires you to swipe the Wocket Card, and it is done. Should your Wocket fall prey to a theft, fret not, it will be secured with a tamper-proof chip that is biometrically locked to you, so no data within can be accessed without your express permission. Right now, Wocket does not support chip and PIN technology, meaning it is more suitable for North America than anywhere else. Tipping the scales at 4 ounces, it arrives in a shade of Midnight Black with more color options to be made available in due time. The asking price for the Wocket stands at $179 apiece.

WorldVentures and Nxt-ID Form Strategic Alliance to Create Next Generation Smart Card


WorldVentures and Nxt-ID Form Strategic Alliance to Create Next Generation Smart Card

PLANO, Texas, January 4, 2016 /PRNewswire/ —

–  New innovation will allow WorldVentures DreamTrips™ Members to earn restaurant points towards free vacations.
–  WorldVentures users to experience more convenient, more secure way to travel with one smart card.
–  First iteration of concept to be introduced at the WorldVentures UNITED annual conference in Orlando, Jan. 15-17.

WorldVentures®, a privately held leading direct seller of vacation and entertainment club memberships and Inc. 5000 fastest-growing company, today announced that it has reached a definitive agreement with Connecticut-based Nxt-ID, Inc. (NXTD), a company focused on the growing m-commerce market. The agreement calls for WorldVentures to make a strategic investment of $2 million in Nxt-ID to develop a proprietary new wireless smart card for its members-numbering in the several hundreds of thousands worldwide-based on Nxt-ID’s Wocket®, a unique smart wallet that serves to securely store all credit cards. The smart card will be customized with additional technologies and wireless features, such as the ability to seamlessly integrate with WorldVentures’s DreamTrips App to wirelessly check in and earn loyalty points towards free DreamTrips vacations at select restaurants. DreamTrips is a travel club and entertainment community where Members enjoy exciting excursions year-round to extraordinary destinations.

The agreement also provides that upon completion of development, the card will be sold exclusively to WorldVentures to be distributed and made available to its Members.

In addition, the agreement provides for ongoing enhancement of the smart card with new product innovations already in development. Enhanced Next-ID technology is intended to:

  • Replace all cards in the user’s wallet
  • Store hundreds of credit cards, loyalty cards, records and other data, and be used virtually anywhere payment can be made with a credit card
  • Offers added identity protection for increased peace of mind while traveling
  • Allow Members to earn points at select restaurants worldwide that can be used towards DreamTrips vacations
  • Foster social interactive engagement with DreamTrips Members worldwide through its wireless App and card communication features

The strategic alliance supports WorldVentures’s mission to help its Independent Representatives and DreamTrips Members get more fun, freedom and fulfillment in their lives. “In this high-tech, hyper-connected world, we are enabling people to use technology in a more powerful and compelling way,” said Wayne Nugent, World Ventures Co-founder and Chief Visionary Officer. “And our Independent Representatives will be able to bring this exciting new innovation to travelers all over the world, making their experiences richer, safer, and more engaging and rewarding.”

WorldVentures fosters an environment where independent-minded entrepreneurs can build their own businesses, set their own direction and make a living…living!® The customized smart card is the first of many innovations that will help them do that. “This is only the beginning,” said Dan Stammen, WorldVentures Chief Executive Officer. “Our collaboration with the Nxt-ID executive and technology teams not only sets WorldVentures apart in the direct selling industry, but will allow us to develop the most technologically advanced human networking interactions through new products while continuously enhancing our current product set.”

Nxt-ID President and Chief Executive Officer Gino Pereira says, “We are tremendously excited about our strategic partnership with WorldVentures. This is a great example of the type of partnership that we are seeking in order to leverage our unique technologies. WorldVentures has an extraordinarily successful distribution model and a very talented and inspirational management team.”

WorldVentures will introduce the concept at its UNITED annual conference Jan. 15-17, 2016 in Orlando, Fla. “This year marks our company’s 10th anniversary,” muses Nugent, “and as we enter into the next decade it is no longer as a direct marketing organization, but as a technology company that uses direct marketing to bring exciting innovations, business opportunities and one-of-a-kind experiences to our members worldwide.”

About WorldVentures

WorldVentures is the leading international direct seller of vacation club memberships and helps people achieve more fun, freedom and fulfillment by offering DreamTrips Memberships, which include unique vacations at reduced prices. WorldVentures is a privately held company based in Plano, Texas, with active Representatives and Members in 28 countries. http://worldventures.com

About Nxt-ID, Inc.

Nxt-ID, Inc. is focused on the growing m-commerce market, launching its innovative MobileBio suite of biometric solutions that secure consumers’ mobile platforms led by Wocket, a next generation smart wallet designed to replace all the cards in your wallet.
http://wocketwallet.com