NXT-ID Exhibits Wocket Smart Wallet at CES 2016; Demonstrating New NFC and Other Contactless Payment Capabilities

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Dec 23, 2015, 08:00 ET

OXFORD, Connecticut, December 23, 2015 /PRNewswire/ --

NXT-ID, Inc. (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket® smart wallet announces it will be exhibiting at CES 2016 in Las Vegas, January 6th-9th.

WocketCard (PRNewsFoto/NXT-ID, Inc) (PRNewsFoto/NXT-ID, Inc)

(Photo: http://photos.prnewswire.com/prnh/20151022/279521 )

The Wocket smart wallet, named top ten tech gadgets at CES 2015 by multiple media sources, will be demonstrating its new NFC (Near field communication) payment technology capabilities as well as its Wireless Magnetic payment technology (WiMag).

Gino Pereira, CEO of NXT-ID said, "A year ago we had a tremendous reception when we gave the public a preview of Wocket. Now, 12 months later, we are again demonstrating leading edge technology and adapting to the new EMV chip technology by demonstrating NFC capable Wockets that will be delivered starting in December this year. We will also show attendees a future wireless magnetic payment technology that has the ability to make tokenized payments wirelessly at Traditional Point of Sale (POS) terminals. We will be launching these technologies in 2016 in collaboration with major stakeholders in the payment space."

The company's Wocket smart wallet will be exhibiting at booth # 21632,at the Las Vegas Convention Center, South Hall in the 'Personal & Cyber Security Section'

Additionally the Wocket smart wallet will be featured at Digital Experience! from 7:00 to 10:30 pm on Tuesday, Jan. 5, 2016, the evening before the CES® show opens. The media event highlights the latest in consumer technology and will take place at the Mirage hotel.

The International Consumer Electronics Show (International CES) showcases more than 3,600 exhibiting companies, including manufacturers, developers and suppliers of consumer technology hardware, content, technology delivery systems and more; a conference program with more than 200 conference sessions and more than 150K attendees from 150 countries (https://www.cesweb.org/)

Wocket® is the smartest wallet you'll ever own. Designed to protect your identity and replace your old wallet, simply swipe and save your cards into Wocket once and they are immediately secured with pin and biometric voice print technology. Without ever needing a smartphone, you can choose a card from the touch screen and Wocket programs its single, smart card (Wocket Card) to match your selection. From there, you just swipe as you normally would virtually anywhere that credit cards are accepted today.

All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.

Buy Wocket® at http://www.wocketwallet.com

See the full Wocket® FAQ at: http://wocketwallet.com/pages/faq

Product images are available for media at: http://press.nxt-id.com

About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD)

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 biometric 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. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode. http://www.wocketwallet.com/

NXT-ID's 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/

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.

NXT- ID Inc Contact:

Corporate info: [email protected]

Investors:[email protected]

Media:

D. Van Zant
1-800-665-0411
[email protected]

SOURCE NXT-ID, Inc.