Research Reveals Electronic Wallet Technology Primed to Take Digital Currency Market by Storm

Research Reveals Electronic Wallet Technology Primed to Take Digital Currency
                               Market by Storm

PR Newswire

CORAL SPRINGS, Florida, December 12, 2013

CORAL SPRINGS, Florida, December 12, 2013 /PRNewswire/ --

Electronic wallet technology and biometric platforms brings the future to
today; market updates for leaders in the technology sector: NXT-ID, Inc.
(OTCQB: NXTD), Rambus, Inc. (NASDAQ: RMBS), Twitter, Inc. (NYSE: TWTR), Cisco
Systems, Inc. (NASDAQ: CSCO) and Nuance Communications, Inc. (NASDAQ: NUAN)

SoundView Technology Group: New research note points to recent industry
developments as important drivers to adoption of the upcoming NXT-ID, Inc.
(OTCQB:NXTD) Wocket™. Over 7 million consumers have watched a marketing video
for a new digital wallet with a very limited feature set. Consumer interest in
this product area is high and accelerating. The commercial development of new
digital currencies like Bitcoin has continued despite extreme price
volatility. Industry leaders from companies like PayPal have acknowledged the
value and viability of the new currency. At the same time mainstream venture
capital firms like Andreesen Horowitz have stepped up their efforts to find
"major bets" to make in this new market.

To read the full press release, click

These industry developments increase our confidence and enthusiasm for the
NXT-ID (NXTD) Wocket™ both as a digital wallet and a potential secure storage
option for Bitcoins. As we outline in our note, the Wocket has a much more
robust design in terms of security and usability. NXT-ID is an early stage
technology company going after a large market. SoundView Technology Group
points out that based on initial traction and a conservative intrinsic
valuation (IV) model show a fair value of $11/share we see NXT-ID continuing
to benefit from intensive investor attention to this space.Read their full

Rambus, Inc. (NASDAQ: RMBS) news: With wearable technology moving beyond
product concepts to actual consumer products, companies are faced with a new
set of challenges to maintain a competitive edge. Wearable Wednesday is a
global, open community forum focused on the blend of technology, art and
humanity in the wearable technology and Internet of Things ecosystem. In this
panel with Microsoft Ventures and Movidius, Rambus' Chief Marketing Officer
Jerome Nadel will share his thoughts on the product opportunities brought on
by the innovation in wearable technology. Together, the panel will discuss
challenges companies face today, success stories, funding triggers, and
lessons learned when launching the next big thing in wearable technology.

Twitter, Inc. (NYSE: TWTR) is a global platform for public self-expression and
conversation in real time. It provides various products for users, including
Twitter that allows users to express themselves and create, distribute, and
discover content; Vine, a mobile application available on the iOS and Android
operating systems that enable users to create and distribute short looping
videos; and #Music, a mobile application that helps users discover new music
and artists based on Tweets. The company also provides a set of development
tools, public application programming interfaces, and embeddable widgets that
developers can use to contribute their content to its platform; distribute
Twitter content across their properties; and enhance their Websites and
applications with Twitter content. In addition, Twitter, Inc. offers promoted
products comprising promoted Tweets, promoted accounts, and promoted trends
for advertisers; and provides subscription access to its data feed for data
partners.On Wednesday, TWTR closed up .67% on over 26 million shares traded.

Cisco Systems, Inc. (NASDAQ: CSCO) Archipelago International, one of
Indonesia's leading hospitality management companies, has implemented Cisco
(NASDAQ:CSCO) cloud networking solutions for wireless and wired network
access for their guests as well as a scalable and effective dashboard to
manage their rapidly expanding network. Archipelago International operates
more than 70 hotels and hospitality brands, such as Aston Hotels, Alana
Hotels, Harper Hotels, Quest Hotels, Neo Hotels, Favehotel, and Kamuela Villas
across Indonesia, the Philippines, and Malaysia.

Nuance Communications, Inc. (NASDAQ: NUAN) recentlyannounced significant
speech recognition accuracy and workflow enhancements to the PowerScribe
360platform that will enable a quality, data-driven approach to radiology
reporting for radiology groups, hospitals and healthcare systems. The latest
version of the PowerScribe 360 platform allows radiologists to more easily
navigate changing reimbursement models by driving efficiencies in the creation
of actionable, structured reports that directly improve patient care.

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