Biometric Advancements Lead to New, Innovative Smart Technology for Consumers & Merchants Alike - New Mobile Payment Products & Merger Announcements

WEST PALM BEACH, FL / ACCESSWIRE / March 25, 2015 / Innovations in mobile technologies are beginning to emerge allowing secure identification and authentication, as well as instant access to critical information. Biometrics & Tech companies to watch are NXT-ID, Inc. (NASDAQ:NXTD - News), Net Element, Inc. (NETE), Kofax Limited (NASDAQ:KFX - News).

SoundView Technology Group issues a new research update following the recent shipment of NXT-ID, Inc's (NASDAQ:NXTD - News) Wocket smart wallet. SoundView was one of the selected user groups to provide real- world user feedback on their experience with the Wocket in multiple scenarios and outlets. Soundview shares their experience at CVS, Whole Foods and other retailers, making both debit and credit card payments. Soundview analyst Kris Tuttle also says, "If the company meets their plans in 2015, it would push our IV estimate up to $17.42 for 2016." The full update is available for download here: https://www.accesswire.com/uploads/NXT-ID_NXTD_SV_NOTE_MAR_2015_PUB.pdf.

Net Element, Inc. (NASDAQ:NETE - News), a global technology leader in mobile payments and value-added transactional services announced this week the release of its proprietary portal "Sales Central" - designed to enhance responsiveness of its sales partners and improve sales efficiency. The cloud-based solution provides to both Independent Sales Groups (ISGs) and merchants an integrated toolkit to more effectively manage a variety of sales, operations, reporting and accounting functions. The system is designed to improve conversion rates, technology advisory functions and to reduce deployment time for merchants. It also allows troubleshooting of merchant issues in real-time.

Lexmark International, Inc. (LXK) and Kofax Limited (NASDAQ:KFX - News) announced that the two companies have entered into a merger agreement in which Lexmark will acquire Kofax. Under the terms of the merger agreement, Lexmark will acquire all of the outstanding shares of Kofax for $11.00 per share in cash for a total enterprise value of approximately $1 billion, net of cash acquired. Read the full announcement at http://finance.yahoo.com/news/lexmark-acquire-kofax-203000568.html.

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