NXT-ID (NASDAQ: $NXTD) Announces Gregory M.
Johnson, Head of Business Relationships for Capital One (NYSE: $COF) Joins
Advisory Board
Company Continues to Build's its Team of Financial
Services and Retail Experts to Maximize NXT-ID's Disruptive Technologies
MELBOURNE,
Fla. - April 26, 2016 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD), a company
focused on the growing mobile commerce market announces that Mr. Gregory M.
Johnson has been appointed to its Board of Directors.
Gregory
is currently Head of Business Relationships for Capital One and is leading a
B2B growth strategy that includes building out new high touch dialogic channels
and partnerships that attract and grow relationships with small businesses and
mid-market companies in the US.
Prior
to joining Capital One, Gregory spent 17 years at American Express Company
working in Consulting Services, Business Travel, Commercial Card, and the OPEN
Small Business brand forming strategy and architecting large client facing
teams to acquire and grow customers through various channels.
Gregory
earned his Bachelor's degree in Business Administration and Marketing from
Arizona State University and went on to complete his Executive MBA.
Gino
Pereira, Chief Executive Officer, said," Gregory's current expertise and
experience in the financial payment space brings a fresh perspective to
Nxt-ID's strategic planning. We have a formidable team of Directors and
advisors to maximize growth for the Company."
Gregory
M. Johnson said, "I'm excited to be joining the Advisory Board of Nxt-ID
at a time when there is so much disruption and opportunity in the payment
space. I believe that the Company's technologies are well suited to the future
direction of mobile payments and that I look forward to contributing to the
Company's growth prospects."
Gregory
joins a notable advisory board consisting of:
Mr
William Fields is currently the Chairman of Fields Texas Limited LLC (a private
investment and retail advisory firm) and Four Corners Sourcing LLC. In his
twenty-five-year career at Wal-Mart Inc., Mr. Fields held various executive
positions, which included Assistant to Sam Walton (Founder of Wal-Mart Inc.),
Senior Vice President of Distribution & Transportation, Executive Vice
President of Wal-Mart Inc. and President and CEO of the $68 billion Wal-Mart
Retail Stores Division. Mr. Fields was responsible for the strategic planning,
execution and oversight for operations, merchandising, marketing and logistics
for over 2,000 stores and 700,000 employees.
After
Mr. Fields departure from Wal-Mart, he served as Chairman and CEO of
Blockbuster Entertainment Group and the President and CEO of Hudson's Bay
Company. He currently holds board positions with Lexmark International Inc.,
Escort Inc., The Joint Corp, General Foam Plastics and Biosara.
Mr.
Lawrence Flanagan - President and CEO of AARP Member Services and formerly the
Executive Dean at the University of New Haven College of Business. Flanagan is
regarded as one of the most accomplished global marketing leaders in the
country.
Prior
to his career in academia, he spent nearly three decades in corporate America
as an executive at MasterCard Worldwide, the Procter & Gamble Company and
L'Oreal USA. As the global chief marketing officer at MasterCard, he 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. He also established strategic partnerships with Major
League Baseball, the PGA Tour and Champions League soccer in Europe and was
part of the executive team that spearheaded MasterCard's highly successful
initial public offering in 2006.
Mr.
Ken Moy - Director of Global Payments and Emerging Commerce at Subway. He was
formerly senior vice president and Group Head of US Emerging Payments at
MasterCard Worldwide.
Ken
has extensive experience in large-scale rollouts, partnerships, corporate
development, strategic planning, business administration and product
management. He launched MasterPass, the firm's digital wallet solution and
important pillar to overall strategy, achieving over 25,000 online merchants,
and wallet distribution with over 20 financial institutions. He led an
exclusive agreement with Google, Citibank and First Data to launch Google
Wallet, the first commercially available mobile payment solutions. He also led
an exclusive agreement with Intel for access to embedded technology in Intel
PCs to deliver enhanced security and user experience for electronic ecommerce.
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID (NASDAQ:NXTD) is an emerging growth technology company that is focused on products,
solutions, and services for security on mobile devices. Our core technologies
consist of those that support digital payments, biometric identification, encryption,
sensors, and miniaturization. We have three distinct lines of business that we
are currently pursuing: mobile commerce, primarily through the application of
secure digital payment technologies; biometric access control applications, and
Department of Defense contracting. Our initial efforts have primarily focused
on the development of our secure products for the growing m-commerce market,
most immediately, a secure mobile electronic smart wallet, the Wocket®. The
Wocket® is a smart wallet, designed to protect your identity. www.nxt-id.com, www.wocketwallet.com
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:
Media:
D. Van Zant
800 665-0411
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