MELBOURNE, Florida,
February 13, 2018 /PRNewswire/ --
NXT-ID, Inc. (NASDAQ: NXTD) a provider of payment, credential
management, and authentication platform services is pleased to
announce it has been added to the LD Micro Index, effective
February 1st, 2018.
The LD Micro Index is designed to give the most accurate
representation of the intraday activity of microcap stocks in
North America. It employs a
mixture of screening for inclusion and manual exclusion where
deemed appropriate.
The index is market cap weighted and is comprised of
approximately 1,014 stocks in the U.S. and Canada with market capitalizations between
$50 million and $300 million.
https://www.ldmicro.com/the-index
Gino M. Pereira, President &
Chief Executive Officer of NXT-ID said, "This is an exciting time
to be added to the LD Micro Index and join our other successful
peers in the microcap space. The Company and its subsidiary, Fit
Pay, Inc., have announced a series of significant agreements and
advancements in the contactless payment market including the recent
news that Fit Pay is expanding its platform to connect
cryptocurrencies to the payment ecosystem with a new product -
Flip."
FlipTM is a contactless payment device that lets one
use their cryptocurrency to make purchases at millions of retail
locations. Flip works anywhere where contactless payments are
accepted. https://www.fliptopay.com/. Pre-orders for Flip on
FliptoPay.com will commence later this month.
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an
independent resource in the microcap space. We are investors, first
and foremost. What started out as a newsletter highlighting unique
companies has transformed into several influential conferences
annually (Invitational, Summit, and Main Event).
In 2015, LD Micro launched ldmicro.com as a portal to provide
exclusive intraday information on the entire sector, including the
first pure microcap index (LDMi) which covers stocks in
North America with market
capitalizations between $50-$300m.
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
Wocketâ„¢, 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.
NXT-ID Inc. Corporate Contact: info@nxt-id.com. FitPay and the
FitPay Payment Platform are trademarks of Fit Pay, Inc.
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@fit-pay.com
+1.760.468.7273
D. Van Zant
press@nxt-id.com
+1.800.665.0411
SOURCE NXT-ID, Inc.