SEBASTIAN, Florida,
April 25, 2019
/PRNewswire/ -- LogicMark, LLC, a wholly owned subsidiary of
NXT-ID, Inc. (NASDAQ: NXTD), today announced that Notifi911, the
company's newest Mobile Emergency Response pendant, is now
available on BestBuy.com. The wearable pendant connects users to
911 at the touch of a button, allowing them to speak directly to a
911 operator anywhere cellular service is available without a
monthly fee or annual contract. Notifi911 provides a direct
emergency medical alert line to 911 operators, giving users the
peace of mind of knowing they can call for emergency assistance
when they need it.
In addition to launching the sale of Notifi911 on BestBuy.com,
LogicMark also increased the retail distribution of its
personal emergency response systems by adding its Freedom
Alert product to Walmart.com, expanding its offerings on that
major on-line marketplace.
"The addition of BestBuy.com further expands our
direct-to-consumer retail strategy within the fast growing PERS
market," said Stanley Washington,
chief revenue officer and president healthcare for NXT-ID, Inc. "We
are seeing strong demand from consumers who want a choice and the
comfort of reaching emergency assistance without the financial
burden of a monthly fee and annual contract."
Notifi911 is a self-contained unit that does not require a
base station, landline or cellular plan. There is no annual
contract, no monthly charges and no monitoring fees to use the
device, which offers a distinct value proposition
and disruption over other monitored devices
currently on the market by providing consumers with a product
at less than 10 percent of the cost over the lifetime use of
monitored devices offered by competitors. The Notifi911 pendant is
fully rechargeable with a standby time of 3 months when fully
charged. The robust design of the Notifi911 allows the pendant to
get wet so it can be carried and used during outdoor activities and
during heavy rain. LogicMark offers a one-year limited warranty on
Notifi911. It is now available on BestBuy.com
and Walmart.com.
NXT-ID continues to be a market leader in developing
groundbreaking technology in personal emergency response, home
healthcare and IoT products and applications which offer low cost
solutions that improve the lives of veterans and consumers by
offering greater product mobility, security, safety and
data connectivity. LogicMark's FreedomAlert personal emergency
response system is also now available on Walmart.com.
LogicMark has a successful history of offering PERS
devices to those aging in place and with medical conditions
providing them with the ability to call 911 or to alert family and
friends to an emergency with the simple touch of a button. The
Company is a leading provider of medical alert systems that
offer this emergency service without a monthly fee
or annual contract. LogicMark offers both monitored and
non-monitored PERS devices. LogicMark is
currently the major provider of PERS to the United
States Department of Veterans Affairs (VA) through direct
relationships with individual VA hospitals.
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 Wocket™, a next-generation smart wallet and
the Flye, a digital credit card developed in collaboration with
WorldVentures.
NXT-ID includes 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 and 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.
Learn more about NXT-ID at www.nxt-id.com. FitPay and the
FitPay Payment Platform are the sole property of Fit Pay, Inc. For
NXT-ID Inc. corporate information contact: info@nxt-id.com
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.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com
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SOURCE NXT-ID, Inc.