Nxt-ID, Inc. names Vincent S. Miceli as new Chief Executive Officer
September 18 2019 - 04:55PM
Nxt-ID, Inc. (NASDAQ: NXTD) (the “Company”), a provider of
healthcare devices and services, announced today that Gino M.
Pereira has resigned from his roles as Chief Executive Officer,
President, director and chairman of the Company’s board of
directors on September 13, 2019. The Company’s board of directors
has appointed the Company’s current Chief Financial Officer,
Vincent S. Miceli, as Chief Executive Officer, President and a
director.
Mr. Miceli said, “I am excited to be taking over the leadership
of this business. Now that we have successfully overseen the
divesture of the payments business, I am looking forward to leading
the Company during its next phase of development.” Continued Mr.
Miceli, “I am grateful to the Board for their support and
confidence while we work together to refocus the Company and its
mission.”
About Nxt- ID, Inc.
Nxt-ID, Inc. (NASDAQ: NXTD) provides technology
products and services for healthcare applications. The Company has
extensive experience in access control, biometric and
behavior-metric identity verification, security and privacy,
encryption and data protection, payments, miniaturization and
sensor technologies. Through its subsidiary, LogicMark LLC, Nxt-ID,
Inc. is a manufacturer and distributor of non-monitored and
monitored personal emergency response systems sold through
dealers/distributors and the United States Department of Veterans
Affairs; Learn more about Nxt-ID, Inc.
at www.nxt-id.com. For Nxt-ID Inc. corporate information
contact: info@nxt-id.com.
Forward-Looking Statements for Nxt-ID, Inc.:
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, the Company’s ability to
establish and maintain the proprietary nature of its technology
through the patent process, as well as its 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:
Vincent S. Miceli investors@nxt-id.com
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