Nxt-ID, Inc. (NASDAQ: NXTD) is a security technology Company providing security for finance, assets and healthcare. The Company’s innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce and smart OS-enabled devices. With extensive experience in biometric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things (“IoT”) applications. The Company’s wholly owned subsidiary, LogicMark, LLC, manufactures and distributes nonmonitored and monitored personal emergency response systems (“PERS”) sold through the United States Department of Veterans Affairs (“VA”), healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors.
- Founded in 2011, NASDAQ listed in 2014 (NXTD)
- Background in technology development for Government and Corporations
- Extensive experience in:
- Biometric Identity Verification
- Security and Privacy
- Encryption and Data Protection
- Partnership with World Ventures December 2015
- Acquired LogicMark July 2016
- Portfolio of registered and pending patents
WorldVentures Marketing, LLC is the leading international direct seller of vacation club memberships and helps people achieve more fun, freedom and fulfillment by offering DreamTrips™ memberships, which include premium vacations at reduced prices. WorldVentures is a privately held company based in Plano, Texas, with active Representatives and members in 28 countries
There are currently over 500,000 DreamTrips Members, with tens of thousands of new members joining every month. The vision of WorldVentures’ executive team is to make the smartcard available to every existing member and eventually, a general global consumer market.
On December 31, 2015 World Ventures entered into a strategic alliance with Nxt-ID to produce a custom smartcard for World Ventures with unique features and Nxt-ID has received a purchase order for up to $15 million for the World Ventures Smartcard. Deliveries are expected to commence in December 2016 /January 2017 with a value of $2.5 million a month for an initial 6 months
WorldVentures Marketing, LLC is the leading international direct seller of vacation club memberships and helps people achieve more fun, freedom and fulfillment by offering DreamTrips™ memberships, which include premium vacations at reduced prices. WorldVentures is a privately held company based in Plano, Texas, with active Representatives and members in 28 countriesThere are currently over 500,000 DreamTrips Members, with tens of thousands of new members joining every month. The vision of WorldVentures’ executive team is to make the smartcard available to every existing member and eventually, a general global consumer market.
On December 31, 2015 World Ventures entered into a strategic alliance with Nxt-ID to produce a custom smartcard for World Ventures with unique features and Nxt-ID has received a purchase order for up to $15 million for the World Ventures Smartcard. Deliveries are expected to commence in December 2016 /January 2017 with a value of $2.5 million a month for an initial 6 months.
Key Investment Highlights
Product Overview – Non-Monitored Products
Product Overview – Monitored Products
Visit LogicMark for more information.
Gino M. Pereira
President & Chief Executive Officer
From the date of inception of the Company, Mr. Pereira, one of our co-founders, has served as the Chief Executive Officer and Director. Mr. Pereira has over 30 years of executive, operational and financial experience with technology companies in the United States, Europe and the Far East. He has also helped to develop several technology start-ups as well as served in an executive capacity in a large multinational public company.
Mr. Pereira was Chief Financial Officer and later Chief Executive Officer of Technest Holdings Inc., a publicly quoted defense contracting company, from 2004 to 2011. Technest Holdings operated subsidiaries EOIR Technologies, Inc. and Genex Technologies, Inc. Mr. Pereira is a Fellow of the Chartered Association of Certified Accountants (UK) and has an MBA, with a specialty in finance, from the Manchester Business School in England.
Mr. Pereira brings to the Board significant expertise in the biometric and software recognition industries, as well as experience in international business technology and extensive management and operating experience. Having founded and/or operated companies in similar or related industries during the past 15 years, provides the board with unparalleled knowledge of the Company and its operations and an understanding of the markets the Company plans to operate in.
Vincent S. Miceli
Vice President & Chief Financial Officer
Mr. Miceli, age 56, has extensive hands on experience in financial and operational management and business leadership in both substantial private and public companies. He is also experienced with working with public company Boards of Directors, as well as financial institutions. Mr. Miceli was the Vice-President and Chief Financial Officer/Treasurer of Panolam Industries International, Inc., a company which primarily designs, manufactures and distributes decorative and industrial laminates, from May 2006to mid-December 2013. Prior to that, Mr. Miceli was the Chief Financial Officer and Corporate Controller of Opticare Health Systems, Inc., a public company which provides integrated eye care services, from 2004 to 2006. Prior to 2004, Mr. Miceli held senior accounting positions at Amphenol Corporation and United Technologies, Inc. Mr. Miceli holds a BS in accounting from Quinnipiac College, an MBA, with a concentration in Finance, from the University of Hartfordand he is an affiliate member of both the AICPA and the CT Society of Certified Public Accountants.
Executive Vice President & Chief Technology Officer
David Tunnell is an expert in biometrics, secure communications, and wearable technologies. Mr. Tunnell’s experience spans computer security (COMSEC), signal intelligence (SIGINT), communications intelligence (COMINT), and image intelligence (IMINT), with over 29 years of experience in building technologies and companies.
Mr. Tunnell’s accomplishments include the Technology of the Year award from Frost & Sullivan for biometrics in 2006 and inventor of a Top Ten Invention for the US Army in 2004. Mr. Tunnell has pioneered a number of technologies including remote distributed sensing and processing, 3D facial recognition and imaging, 3D fingerprint, voice recognition, dynamic biometric-enabled authentication and encryption key generation, and miniature, low-power wearable technologies.
Mr. Tunnell brings a wealth of product development and marketing experience to NXT-ID, Inc. He was the divisional director of 3D identification products at Technest Holdings Inc. from 2003 to 2012. Prior to Technest, he served as an adjunct faculty teaching various advanced technology courses at the National Cryptologic School while working with various intelligence agencies and later at L3 Communications where he served as Director of Engineering for a subsidiary. He has also served as the Principle Investigator for numerous research programs with the United States Department of Defense (DoD). Mr. Tunnell holds a Masters in Technical Management (MSTM) from Johns Hopkins University and a BSEE from the University of Tennessee.
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