$NXTD News: Biometrics & Mobile Payment Companies Aiming To Stay Ahead of Cyber Crime With Innovative Digital Technologies

CORAL SPRINGS, Florida, - (http://www.financialnewsmedia.com News Alert) - Morning Technology Briefing: Tech advancers develop cyber security platform; market updates for leaders in the biometrics sector: NXT-ID (OTCQB: NXTD), Facebook, Inc. (NASDAQ: FB), Yahoo! Inc. (NASDAQ: YHOO), Lantronix, Inc. (NASDAQ: LTRX) and Sanmina Corporation (NASDAQ: SANM)



SoundView Technology Group continues coverage for NXT-ID, Inc. (OTC: NXTD) - NXTD has effectively raised an additional round of capital that will come in two tranches -- $1.35M less expenses up front and another $4.4M from likely warrant exercises. The proceeds will aid the company in further development and the commercial launch of their innovative digital wallet (The Wocket). In an unusually shareholder-friendly move founding members of the management team elected to surrender shares to offset the additional shares need for new investment capital. Few, if any, company managements go to such lengths to put shareholders first.



Thanks to this decision an adjustment to SoundView\'s intrinsic valuation (IV) model results in an increase from $10.93 (published in December 2013) and its new IV estimate of $11.51.



To read the full press release, please click here:http://www.fnmprofiles.com/profiles-nxtd.html



Market forces continue to favor adoption of digital wallet technologies and NXT-ID is certainly one of the leading contenders for what will be a commercial market in 2014. The full SoundView note is available for download at the following link: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_NOTE_JAN_2014.pdf



Facebook, Inc. (NASDAQ: FB) has announced that the company\'s fourth quarter and full year 2013 financial results will be released after market close on Wednesday, January 29, 2014. Facebook will host a conference call to discuss the results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Facebook Investor Relations website at investor.fb.com, along with the company\'s earnings press release, financial tables and slide presentation. Facebook uses the investor.fb.com website as a means...