Next Generation Gadgets & Biometrics Technology Setting Up For Strong Start in 2014 with Leading Edge Smart Wallet Platforms
CORAL SPRINGS, Florida, January 14, 2014 /PRNewswire
Mobile technology innovations pave way in 2014 as consumers go digital: NXT-ID, Inc. (NXTD), Apple Inc. (AAPL), NII Holdings (NIHD), Juniper Networks Inc. (JNPR) and ClickSoftware Technologies Ltd. (CKSW)
2014 will mark another year in which digital money continues to forge forward. NXT-ID (NXTD) is prepared to take full advantage of digital currency’s rising popularity, as the company will release its much-anticipated “smart wallet”, the Wocket in the first quarter of this year. The Wocket is a next generation platform that is designed to provide consumers with the convenience of packaging all cards in your wallet into one dynamic card. This includes debit, credit, loyalty cards, coupons and more. The Wocket will also avoid any assimilation obstacles, as it will work wherever credit cards are accepted.
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“It’s been heavily publicized that the U.S. is using outdated credit card technology,” wrote Julie May of the Tennessean. “But not for long, because digital wallets such as COIN and The Wocket® will be hitting the market in 2014. Digital wallets aggregate multiple credit cards and, in some cases, personal identification onto one card that can be used for purchases anywhere that accepts credit cards. They provide an additional level of security over current credit cards.”
NXT-ID, Inc.: NXT-ID, Inc.’s 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. The Company’s first product is the Wocket™. 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://nxt-id.com/
MacRumors has discovered a batch of new Apple Inc. (AAPL) patent applications, included 17 published last Thursday, related to the use of Liquidmetal Technologies Inc. (LQMT) alloys. The applications cover button/switch pressure sensors, tamper-resistant screws, and touch sensor substrates, among other potential use cases. Liquidmetal shares, which made new 52-week highs last week before retreating, have rallied again on the pink sheets. Shares also moved higher in November in response to Apple patent applications covering Liquidmetal usage.
Telefonica (TEF) and NII Holdings (NIHD) have signed agreements whereby Telefonica will provide NII’s subsidiaries, operating under the Nextel brand in Brazil and Mexico, nationwide voice and data coverage services on Telefonica’s 3G wireless networks. When implemented, the agreements will expand the areas in which Nextel customers using 3G services in Brazil and Mexico can access voice and data services, supporting NII’s growth strategy. Both companies will work closely to implement the agreements as soon as possible. Telefonica and NII’s subsidiaries will continue to manage their spectrum and network assets separately to provide competing services.
Elliott Management Corporation, which owns 6.2% of the common stock of Juniper Networks, Inc. (JNPR), filed a Schedule 13D and released a presentation Monday entitled “Juniper Networks: Elliott Management’s Perspectives,” available at http://www.new-juniper.com. “Juniper’s new CEO along with its existing management team and Board have a unique opportunity to immediately unlock significant value at the Company through three straightforward and much-requested courses of action,” said Jesse Cohn, Portfolio Manager at Elliott. “Investors and Street analysts have been calling for Juniper to implement these value-creation initiatives for years, and we believe the three-pronged approach laid out in today’s presentation would be very well received.”
ClickSoftware Technologies Ltd. (CKSW), the leading provider of automated workforce management and optimization solutions for the service industry, announced that it expects record revenues of approximately $30.5 million in the fourth quarter of 2013, exceeding its guidance of $26 to $28 million. For the full year 2013 revenues are expected to reach approximately $103 million. Based on preliminary estimates of operating costs it is also expected that profitability will be achieved in fourth quarter of 2013. Cash, cash-equivalents, short and long-term investments continued to grow, increasing by about $2.3 million during the fourth quarter, reaching about $58 million as of December 31, 2013.
About The Wocket™:
The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone’s battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://thewocket.com/
About NXT- ID Inc. – Mobile Security for a Mobile World:
NXT-ID Inc.’s (OTCQB: 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. NXT-ID’s wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
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