Biometrics Sector Gaining Confidence With Investors and Market News For NXT-ID, Synaptics, Google, Aware, Apple and Microsoft
CORAL SPRINGS, Florida, October 16, 2013 /PRNewswire/ --
News updates on trendsetters in the technology sector and biometric market leaders: NXT-ID, Inc. (OTCQB: NXTD), Synaptics Inc. (NASDAQ: SYNA), Google Inc. (NASDAQ: GOOG), Aware Inc. (NASDAQ: AWRE) and Microsoft Corp. (NASDAQ: MSFT)
NXT-ID, Inc. (OTCQB: NXTD) Headline: NXT-ID Mobile-Bio Technology Holds the Key to Mobile Commerce - SoundView Technology Group: New report highlights an emerging technology company, NXT-ID, as a provider of "Mobile-Bio" technology to enable mobile commerce industry-wide.
The lack of robust security is one of the chief obstacles holding this market back. Technology leaders like Apple (NASDAQ: AAPL) have been making acquisitions (like AuthenTec for $350M in July of 2012) and filing patents to attempt to provide some of these features on the iPhone. Biometric techniques must incorporate multiple factors to be secure and easy to use. Combinations of fingerprint, facial recognition, voice and big data analysis will be the essence of future secure consumer systems, for mobile in particular.
To read the entire press release for NXTD, please go to: http://www.fnmprofiles.com/profiles-nxtd.php
NXT-ID (NXTD) had developed a platform of "Mobile-Bio" technologies the address the needs of this market which include: facial recognition, biometrically secure mobile devices, multi-factor biometric recognition identifiers and additional cloud-based technologies. According to the authors of this report, Stephen Waite and Kris Tuttle, "NXT-ID biometric security products target a broad market opportunity space that includes m-commerce, enterprise, law enforcement, defense and Homeland Security."
NXT-ID is an early stage technology company going after a large market. Based on initial traction and a conservative intrinsic valuation (IV) model show a fair value of $10.90/share we see the company continuing to benefit from intensive investor attention to this space. The full report is available here: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_Report_Oct_15_2013.pdf
To read the entire press release for NXTD, please go to: http://www.fnmprofiles.com/profiles-nxtd.php
FNM Biometric Sector Commentary: With the main challenge facing the biometrics industry being that of consumer acceptance, studies have shown consumers are becoming increasingly more open to using biometrics instead of passwords. In a survey taken by the National Secuirty Cyber Allegience, 53% of participants said using fingerprints was acceptable, while 45% preferred retinal scans and 41% preferring photo identification.
Synaptics Inc. (SYNA), a leading developer of human interface solutions, recently announced that Yulong, one of the world's largest mobile manufacturers, has adopted the ClearPad™ Single Layer On-Cell (SLOC) capacitive touchscreen solution to deliver accurate, responsive and stable five-finger touch sensing technology for its feature-rich, entry-level 8908 smartphone for the Chinese market. The world's first display-integrated solution, the ClearPad SLOC solution is paving the way for Synaptics' increased technology leadership and market penetration in the rapidly expanding Chinese mobile phone market.
New Relic, Inc., the software analytics company, recently announced they are joining the Google (GOOG) Cloud Platform Partner Program as a technology partner for Google Compute Engine. New Relic is now available free of charge for monitoring the performance of large-scale computing workloads on Linux virtual machines in Google's data centers hosted on Google Cloud Platform. With the integration of New Relic's service, Google Cloud Platform customers have in-depth application performance visibility to help them monitor, troubleshoot and optimize their applications.
Aware, Inc. (AWRE) supplies various products for the biometrics and imaging, and digital subscriber line (DSL) service assurance industries primarily in the United States and Germany. It provides biometrics software products, including software development kits (SDKs); software components; biometrics services platform to build and deploy server-based biometric data processing and workflow solutions; universal registration client (URC) that performs various biometric data capture, analysis, matching, formatting, and hardware abstraction functions; URC Mobile for performing biometric enrollment, identification, and screening on mobile biometric devices; FormScannerSE, FormScannerMB, and FormScannerSWFT for scanning and processing of inked fingerprint cards; Forensic Workbench for the categorization, processing, and standards-compliant formatting of biometric images and demographic data; and WebEnroll for browser-based enrollment of biographic data, fingerprints, and facial images.
Microsoft Corp. (MSFT) will publish fiscal year 2014 first-quarter financial results after the close of the market on Thursday, October 24, 2013 on the Microsoft Investor Relations website at http://www.microsoft.com/investor. A live webcast of the earnings conference call will be made available at 2:30 p.m. Pacific Time on the Microsoft Investor Relations website at http://www.microsoft.com/investor.
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