Biometrically Smart Wallet Technology Takes Aim At Target Market With Impending Release

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January 22, 2014
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Biometrically Smart Wallet Technology Takes Aim At Target Market With Impending Release

CORAL SPRINGS, Florida, January 22, 2014 /PRNewswire/ --

    Tech industry and Biometrics sector set for growth with breakthrough technology
developments: NXT-ID, Inc. (OTCQB: NXTD), Blackberry Limited (NASDAQ: BBRY), NQ Mobile
Inc. (NYSE: NQ), Apple Inc. (NASDAQ: AAPL) and NII Holdings Inc. (NASDAQ:NIHD)

    NXT-ID, Inc, (OTCQB:NXTD), a biometrics company focused on the growing m-commerce
market, announces it will be doing a joint project with students at the John F. Welch
College of Business at Sacred Heart University in Fairfield, CT to assist with the
marketing roll out of its next generation smart wallet, the Wocket(TM). The Wocket(TM) is
a new biometrically secure smart wallet designed to replace the traditional wallet and the
number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can
replace more than 100 cards and can include medical records, ID, coupons etc. that are
currently kept in a wallet, with one single secure card. In the initial phase of the
project, students will research the market, the competition, and consumer trends related
to the Wocket. The second part of the project will be primary research (surveys and focus
groups) on the product, its features, possible marketing positioning and pricing and the
final phase will be live on campus testing.

    To read the full press release, please click here:
http://www.fnmprofiles.com/profiles-nxtd.php

    "We are delighted to be announcing this collaboration with the John F. Welch College
of Business," said Mr. Gino Pereira, CEO of NXT-ID, Inc. "It is particularly relevant as
one of our initial target group of customers for the Wocket are college students and
campuses where there is a unique combination of open loop and closed loop payment systems
combined with a particular need for security with access control to buildings." "We are
looking forward to working with Nxt-ID and their innovative technology," said Kwamie
Dunbar, assistant professor of Finance at the John F. Welch College of Business. "This
gives our students the type of real life hands on experience that the College prides
itself on."

    Blackberry Limited (NASDAQ: BBRY) a world leader in mobile communications, recently
announced that it intends to divest the majority of its real estate holdings in Canada. In
partnership with CBRE Limited, BlackBerry intends to strategically divest the majority of
its commercial real estate portfolio through a combination of sale-leaseback and vacant
asset sales. The properties to be offered for sale comprise over 3 million square feet of
space.

    NQ Mobile Inc. (NYSE: NQ), a leading global provider of mobile Internet services, and
Sprint (NYSE:S) have signed a definitive agreement for NQ Mobile to collaborate and
deliver the next generation of Sprint ID, powered by NQ Live(TM), on all new Sprint
Android-powered smartphones in the U.S. market later this year. Unlike a standard
wallpaper or third-party launcher, NQ Live is an engaging mobile desktop that will change
the way consumers use their connected devices.

    Apple Inc. (NASDAQ: AAPL) recently announced iBooks(R) Textbooks and iTunes U(R)
Course Manager are expanding into new markets across Asia, Latin America, Europe and
elsewhere around the world. iBooks Textbooks bring Multi-Touch(TM) textbooks with dynamic,
current and interactive content to teachers and students in 51 countries now including
Brazil, Italy and Japan; and iTunes U Course Manager, available in 70 countries now
including Russia, Thailand and Malaysia, allows educators to create and distribute courses
for their own classrooms, or share them publicly, on the iTunes U app. "The incredible
content and tools available for iPad provide teachers with new ways to customize learning
unlike ever before," said Eddy Cue, Apple's senior vice president of Internet Software and
Services. "We can't wait to see how teachers in even more countries will create their new
lesson plans with interactive textbooks, apps and rich digital content."

    NII Holdings Inc. (NASDAQ:NIHD) a provider of differentiated mobile communication
services operating under the Nextel brand in Latin America, recently announced that
PRIP(TM), its advanced Push-to-Talk (PTT) app, is now available on the iPhone in the
United States. Built upon Motorola Mobility's PTT technology, PRIP offers users real-time,
instant, unlimited communication using 3G, 4G or Wi-Fi to other PRIP subscribers and
Nextel users anywhere in the U.S. The app is available for download on the Apple App Store
or Google Play for the low introductory cost of US$1.99, with the first month free. "We
are excited to expand PRIP to iOS, bringing true push-to-talk capabilities to more users
in the U.S.," said Greg Santoro, executive vice president, chief strategy and marketing
officer for NII Holdings. "As our customer demands evolve and new devices enter the
marketplace, it is important we continue to expand our offerings to meet their needs."

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