WorldVentures Continues
Rise in Key Business Rankings with Leap to No. 677 in 2016 Inc. 5000
#WorldVentures™
collaborates with NXT-ID, Inc. (NASDAQ: $NXTD) in the development of a new #smartcard
PLANO,
Texas - August 19, 2016 (Investorideas.com Newswire) WorldVentures™, a global travel club that
sells memberships providing a diverse set of lifestyle products and
experiences, rose from its No. 915 to No. 677 in Inc. magazine's annual
Inc. 5000,
an exclusive ranking of America's fastest-growing private companies.
WorldVentures received its ranking based on its three-year growth of 581%.
The
list represents what Inc. refers to as "the superheroes of the U.S.
economy"—America's independent entrepreneurs. Well-known companies such as
Pandora, 7 Eleven, Toys 'R' Us, Zipcar, Zappos.com and numerous other brands
have been honored by the Inc. 5000.
"We're
honored to be named to the fastest-growing companies list once again,"
WorldVentures Founder and Chief Visionary Officer Wayne Nugent said. "We
continue to gain recognition and earn awards as a growing company as well as
one of the top travel and hospitality companies. This is a great achievement
for our corporate team and Independent Representatives around the world who
have worked so hard to deliver these results."
Now
in its second decade, Nugent looks forward to the future with a new technology
innovation in development. CEO Dan Stammen, comments, "Our collaboration
with NXT-ID, Inc. (NASDAQ:NXTD) in the
development of a new smart card 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." The company expects to make the card
available to its U.S. membership December 2016.
This
recognition comes at a time of tremendous success for WorldVentures. In
addition to being named one of America's fastest-growing private companies in
the Inc. 5000 list, the company was recognized at No. 32, up from No. 47, on
the Direct Selling News' DSN Global 100 list and No. 25 on the DSN North
America 50 list. Its core product, DreamTrips™ Memberships, eclipsed
competitors for the coveted title of "Africa's Leading Travel Club"
during the 2015 World Travel Awards, and was the Silver winner in one category
and a Bronze winner in ten categories in the 37th Annual Telly Awards for its
Together Goes Further online video.
Read this release
in full at http://www.investorideas.com/CO/NXT/news/2016/08221KeyBusiness.asp
About WorldVentures
WorldVentures
Marketing, LLC, a privately held company based in Plano, Tex., is a global
travel club that sells memberships providing a diverse set of lifestyle
products and experiences. The company uses the direct sales model to go to
market with active Representatives and Members in 29 countries. http://www.worldventures.com
Nxt-ID and WorldVentures
Strategic Partnership
WorldVentures®, a privately held
company based in Plano, Texas, that sells travel club memberships providing a
diverse set of lifestyle products and experiences, announced January 2, 2016
that it reached a definitive agreement with Connecticut-based Nxt-ID, Inc.
(NXTD), a company focused on the growing m-commerce market. WorldVentures has
made a strategic investment in Nxt-ID to develop a proprietary new wireless
smart card that, upon completion of development, will be sold exclusively to
WorldVentures to be distributed and made available to its DreamTrips™ Members.
DreamTrips is a travel club and entertainment community where Members enjoy
exciting excursions year-round to extraordinary destinations as well as the
ability to earn points and enjoy local dining and entertainment at
participating merchants through the DreamTrips Local program.
About NXT- ID Inc. (NXTD) Mobile Security for a Mobile
World
NXT-ID 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. http://nxt-id.com/ , http://wocketwallet.com/
About the Inc. 5000
The
Inc. 5000, first introduced in 1982 as the Inc. 500, ranks companies by overall
revenue growth over a three-year period. All 5,000 honoree companies are
individually profiled on Inc.com. The top 500 are featured in the September
issue of Inc. magazine, the leading entrepreneurial advocate for 33 years running.
The Inc. 5000 also ranks the fastest-growing companies by industry, metro area,
revenue, and number of employees, and also highlights women- and minority- run
companies.
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.
Media contact:
Connie
Glover
Public Relations Manager
WorldVentures Holdings, LLC
c: 214.726.2567
press@worldventures.com
Public Relations Manager
WorldVentures Holdings, LLC
c: 214.726.2567
press@worldventures.com
NXT- ID Inc Contact:
Media:
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