NXT-ID (NASDAQ: $NXTD)
Partner, WorldVentures Announces Extended flye First Promotion at United
Conference in Dallas Cowboys AT&T Stadium
MELBOURNE,
Florida - April 17, 2017 NXT-ID, Inc. (investorideas Newswire) (NASDAQ:NXTD)
("NXT-ID" or the "Company"), a security technology company,
releases the following update on the WorldVentures flye™card.
On
April 8th, 2017, WorldVentures held their annual United conference in the
Dallas Cowboys AT&T Stadium in Dallas TX. During the conference, they
announced to approximately 23,000 independent representatives, who came
together to celebrate past successes and look ahead to the next decade with
innovative new technologies and travel products; that they have extended the
flye First promotion. This will extend the current Beta offering to more
qualified people with general launch expected later in 2017.
As
of March 31, 2017, NXT-ID has delivered in excess of 40,000 flye cards to
WorldVentures as they build up inventory for general release.
In
addition, on April 11, 2017 the Company received approval from the Federal
Communications Commission (FCC) and the Canadian Innovation, Science and
Economic Development agency (ISED) achieving another milestone towards general
release of the flye card.
About NXT- ID Inc. - Mobile Security for a Mobile World
Nxt-ID,
Inc. (NASDAQ:NXTD) is a security
technology Company providing security for finance, assets, and healthcare. The
Company's innovative MobileBio® solution mitigates risks associated with mobile
computing, m-commerce, and smart OS-enabled devices. With extensive experience
in biometric identity verification, security and privacy, encryption and data
protection, payments, miniaturization and sensor technologies, the Company
partners with industry leading companies to provide solutions for modern
payment and the Internet of Things ("IoT") applications. The
Company's wholly owned subsidiary, LogicMark, LLC, manufactures and distributes
non-monitored and monitored personal emergency response systems
("PERS") sold through the United States Department of Veterans
Affairs ("VA"), healthcare durable medical equipment dealers and
distributors and monitored security dealers and distributors.
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:
SOURCE NXT-ID, Inc.
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