NXT-ID Announces Rechargeable Battery for its Wocket™ Smart Wallet Assuming 5 payments a day, Wocket™ will not require recharging for over a year


NXT-ID Announces Rechargeable Battery for its Wocket™ Smart Wallet
Assuming 5 payments a day, Wocket™ will not require recharging for over a year


http://finance.yahoo.com/news/nxt-id-announces-rechargeable-battery-143900075.html

SHELTON, Conn., August 11, 2014 /PRNewswire/ — NXT-ID, Inc. (NXTD) (NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today that its Wocket™ Smart Wallet will now contain a rechargeable battery with the calculated time between charges for the average user at over a year.

“We wanted to achieve something truly unique for our customers; something never achieved before,” states David Tunnell, CTO of NXT-ID, Inc. “We developed Wocket™ with extremely efficient power management so that users never have to worry about being without their wallet. Since Wocket™ does not depend on any other device such as a cell phone; users can be assured they have a smart wallet that always works.”

Responding to customer feedback, NXT-ID announced that it will include a rechargeable battery in its innovative Wocket™ Smart Wallet. Assuming 5 payments a day, Wocket™ will not require a recharge for over a year. The low-power performance of Wocket™ not only achieves a battery life 100x greater than that of other mobile devices, but also moves NXT-ID one step closer to achieving its ultimate goal of battery-less wearables.

“We listened to our customers’ desire for a rechargeable battery and responded with a solution that does not require a recharge for more than a year for average use,” says Gino Pereira, CEO of NXT-ID, Inc. “Unlike any other mobile or wearable device, users will have literally months of advance warning to charge their Wocket™. For a feature rich wearable, with a touch screen, gesture control, multifactor authentication including biometrics, Bluetooth Low Energy, and inductive and magnetic features, this is quite an achievement.”

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™.

Wocket™ is now available for advance ordering at http://www.wocketwallet.com at a price of $149.99.

The full 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’ 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/

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