SEBASTIAN, Florida,
Feb. 21, 2019 /PRNewswire/ --
LogicMark, LLC, a wholly owned subsidiary of Nxt-ID, Inc.
(NASDAQ: NXTD), today announced the expansion
direct-to-consumer sales of Notifi911, the Company's retail
Personal Emergency Response (PERS) device. Notifi911, LogicMark's
newest Mobile Emergency Response pendant, connects users to 911 at
the touch of a button on the wearable pendant allowing them to
speak directly to a 911 operator anytime and anywhere there is
cellular service. The product is now available for
direct-to-consumer sales through Walmart.com and can be
purchased at
www.walmart.com/ip/Notifi911-Mobile-Medical-Alert-Pendant/190036398.
"Adding Walmart.com to our national retail
distribution of Notifi911 will greatly increase the
availability of this valuable personal safety device for
consumers," said Stanley Washington
Chief Revenue Officer and President healthcare for NXT-ID, Inc. "We
are pleased to expand the direct-to-consumer sales of a product
that provides safety, security and peace-of-mind at a fraction of
the cost of monitored alert systems."
Notifi911 is a self-contained unit that does not require a
base station, landline or cellular plan, follows extensive in-store
trials. There is no annual contract, no monthly charges and no
monitoring fees to use the device, which offers a distinct value
proposition and disruption over
other monitored devices currently on the market by
providing consumers with a product at less than 10 percent of the
cost over the lifetime use of monitored devices offered by
competitors. The Notifi911 pendant is fully rechargeable with a
standby time of 3 months when fully charged. The robust design of
the Notifi911 allows the pendant to get wet so it can be carried
and used during outdoor activities and during heavy rain. LogicMark
offers a one-year limited warranty on Notifi911.
Notifi911 is now available on Walmart.com at a
manufacturer suggested retail price of $139.99.
Nxt-ID continues to be a market leader in developing
groundbreaking technology in personal emergency response, home
healthcare and IoT products and applications which offer low cost
solutions that improve the lives of veterans and consumers by
offering greater product mobility, security, safety and
data connectivity.
LogicMark has a successful history of providing PERS
devices to those aging in place and with medical conditions the
ability to call 911 or to alert family and friends to an emergency
with the simple touch of a button. The Company is a leading
provider of medical alert systems that offer this emergency
service without a monthly fee
or annual contract. LogicMark offers both
monitored and non-monitored PERS devices. Prior to the retail
launch of Notifi911, the Company's devices were primarily sold
through dealers and medical devices distributors. LogicMark is
currently the major provider of PERS to the United States
Department of Veterans Affairs (VA) through direct relationships
with individual VA hospitals.
About Nxt- ID, Inc.
Nxt-ID, Inc. (NASDAQ: NXTD) provides a comprehensive
platform of technology products and services that enable the
Internet of Things (IoT). With extensive experience in access
control, biometric and behavior-metric identity verification,
security and privacy, encryption and data protection, payments,
miniaturization and sensor technologies, Nxt-ID develops and
markets groundbreaking solutions for payment and IoT applications.
Its industry-leading technology products and solutions include
MobileBio®, a suite of biometric solutions that secure consumers'
mobile platforms, the Wocket™, a next-generation smart wallet
and the Flye, a digital credit card developed in collaboration with
WorldVentures.
Nxt-ID includes three mobile and IoT-related subsidiaries:
LogicMark, LLC, a manufacturer and distributor of non-monitored and
monitored personal emergency response systems ("PERS") sold through
dealers/distributors and the United States Department of Veterans
Affairs; Fit Pay, Inc., a proprietary technology platform that
delivers end-to-end solutions to device manufacturers for
contactless payment capabilities, credential management,
authentication and other secure services within the IoT ecosystem,
and 3D-ID LLC, which is engaged in biometric identification and
authentication. Learn more about Nxt-ID at www.nxt-id.com. Fit
Pay and the Fit Pay Payment Platform are the sole property of Fit
Pay, Inc. For Nxt-ID Inc. corporate information contact:
info@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.
Media Contacts:
Chris
Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com
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SOURCE Nxt-ID, Inc.