Nxt-Id Inc. (NASDAQ:NXTD)

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Nxt-ID, Inc., a development stage company, provides various biometric solutions for the mobile platforms, access control, and law enforcement facial recognition markets. The company develops Wocket, a physical electronic wallet that is intended to hold information from credit cards, identification cards, and virtually any card to allow a specific owner of the card to configure a single electronic card to replicate any of the copied cards; MobileBio FaceMatch that is intended to serve as a modular facial recognition system for smartphones, tablets, laptop, and desktop computers; and MobileBio Sensor, which uses various secure devices, where the identification of the specific individual is required. It also provides 3D FaceMatch Biometric Identity Systems, an identity management platform providing fusion of 3D facial recognition, 2D facial recognition, and optional fingerprint biometrics; and 3D SketchArtist, a 3D software face composite sketch tool that makes sketching a face. The company was founded in 2011 and is headquartered in Shelton, Connecticut.

Last updated August 21, 2013