News from the Wire

NXT-ID regains NASDAQ listing compliance

Wednesday, September 28, 2016 — 11:47:44 (EDT)

Melbourne, Fla., Sept. 28, 2016 (Investorideas.com Newswire ) NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW) ("NXT-ID" or the "Company"), a company focused on the growing mobile commerce announces that it has received a letter from NASDAQ dated September 27th confirming that it has regained compliance with the minimum bid price listing requirement. The Company has satisfied the terms of the NASDAQ Listing Qualifications Panel by complying with the minimum bid price requirement of $1.00 per share under NASDAQ Listing Requirement 5550(a)(2). Accordingly, NASDAQ has advised that the matter is now closed. About NXT- ID Inc. - Mobile Security for a Mobile World NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, M-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio suite of biometric solutions that secure consumers' mobile platforms. 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 IoT applications. nxt-id.com/, wocketwallet.com/ .

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Source: Company press release.