Offer to Purchase Limited Edition Wocket™ Smart Wallet to NXT-ID Shareholders Expires June 15th

Jun 09, 2014
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Shareholders to receive Numbered Limited Edition "Signature" Wocket with special features

SHELTON, Conn., June 9, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) (OTCBB: NXTD) a biometric authentication company focused on the growing m-commerce market, reports the offer to purchase a limited edition, "Signature," Wocket smart wallet to shareholders, will expire on Monday, June 16th. Wocket™ is a next generation smart wallet, designed to replace all the cards in your wallet.

"The shareholder version will differentiate from the first consumer edition," said Mr, Gino Pereira, CEO of NXT-ID, Inc. "It will include a unique home button featuring the new corporate logo. The special button will be retired after this edition. And most importantly to collectors, it will be a numbered limited edition."

He went on to say, "To purchase the 'Signature' Wocket, one can simply visit the website (http://wocketwallet.com) and check the drop-down box for the, 'Signature Edition (Shareholders Only)' option. We now accept all payment options, including: Visa, MasterCard, American Express and PayPal. We will confirm the shareholder position with our transfer agent and it will be shipped with the first product run estimated in September."

Wocket is currently priced at $149.99.

Shareholders of record owning 100 shares or more as of May 23rd, 2014 that advance order, and pay for, a Wocket on the website www.wocketwallet.com before the end of the day on June 15th, 2014 will be issued the special limited "Signature" edition Wocket.

NXT-ID is currently launching an online digital marketing campaign for its smart wallet, Wocket™. At the recent Plaza press conference in May, Mr. Gino Pereira stated this was in addition to the recent CNBC ads and part of an ongoing effort, "to make Wocket a household name."

Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.

Advance ordering is available at http://www.wocketwallet.com

The Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/

About NXT- ID Inc. - Mobile Security for a Mobile World

NXT-ID, Inc.'s (NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com

NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net/

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, the Company's securities.

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.

Contact:

Corporate info: info@nxt-id.com

Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com

Media: 800 665-0411

SOURCE NXT-ID, Inc.


Source: PR Newswire (June 9, 2014 - 4:07 PM EDT)

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