MELBOURNE, Florida,
April 17, 2017 /PRNewswire/ --
NXT-ID, Inc. (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. (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. http://www.nxt-id.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:
Corporate info:
info@nxt-id.com
Media Contact:
D. Van Zant
+1-800-665-0411
press@nxt-id.com
SOURCE NXT-ID, Inc.