Payment industry
veteran joins board and becomes COO as part of business combination with Fit
Pay
MELBOURNE,
Florida, July 7, 2017 – NXT-ID, Inc. (NASDAQ: NXTD
or the “Company”) today announced that Michael Orlando joined its Board of
Directors, effective July 6, 2017. Orlando’s appointment to the Board follows
the completion of the business combination with Fit Pay, Inc., which Orlando
co-founded and served as Chief Executive Officer. In addition to his role on
the Board, Orlando will serve as Chief Operating Officer for NXT-ID and
President of Fit Pay, Inc., as was previously announced.
Read
this news in full at http://www.investorideas.com/CO/NXT/news/2017/07071MichaelOrlando.asp
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
three 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; 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, and 3D-ID LLC, which
is engaged in biometric identification and authentication. Learn more about
NXT-ID at www.nxt-id.com.
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