Inside the Biometrics Sector, Q&A Strategy and Market News For NXT-ID, Apple, Google, Hewlett-Packard and Facebook

Inside the Biometrics Sector, Q&A Strategy and Market News For NXT-ID, Apple, Google, Hewlett-Packard and Facebook

CORAL SPRINGS, Florida, October 10, 2013 /PRNewswire/ --



Tech news updates and due diligence strategies on today's leaders in the Technology
sector: NXT-ID (OTCQB: NXTD), Apple Inc. (NASDAQ: APPL), Google (NASDAQ: GOOG),
Hewlett-Packard Co. (NYSE: HPQ) and Facebook Inc. (NASDAQ: FB).



FN Media Group (FNM) is pleased to publish a follow up interview with Rhode Island
investor, business man and award winning movie producer Chad A. Verdi. In October 2011,
Mr. Verdi made a $ 1 Million offer for the Amanda Knox movie rights through his production
company, Verdi Productions. Following his due diligence he formally withdrew his offer.
Mr. Verdi discusses his due diligence process for investing in both film and the
technology sector. Mr. Verdi focus is on biometrics, which is forecasted to grow to a
sustainable market of greater than $10 Billion annually by the year 2017.



Q: FNM



Mr. Verdi, reading previous news from your company, you had already secured financing
for the Untitled Knox Project, if a deal had been reached. Your plans were to make a
seven-figure pay-or-play offer to Natalie Portman to play Amanda. You then withdrew the
official offer of one million dollars (U.S. $1,000,000) for Amanda Knox's life rights,
stating you felt there was more to the story and Amanda would be forced back to Italy and
retried. Now that you see all this coming to fruition, can you explain your reasons and
due diligence process?



A: Chad A. Verdi



As I said when I formally withdrew the offer, "after reviewing all the information we
had involving the Knox case, we had decided it was not the inspirational feel-good story
that VP was looking for and we withdrew our offer." I had a team of about twenty students
doing the background and due diligence and the story did not pass our scrutiny.



Q: FNM



In our previous interview you discussed your recent investment in NXT- ID Inc (NXTD),
a company with m-commerce mobile biometric voice recognition technology. Now that you are
seeing all the buzz around Apple's (AAPL) Touch ID fingerprint technology and the news
that Android (GOOG) will be introducing biometrics in the next six months, do you feel
that your investment due diligence, investing in NXT-ID ahead of all this news, validates
your due diligence?



A: Chad A. Verdi



Yes I do. I think the company is two years ahead of everyone else and was launched as
a public company at the right time in the right sector. I think when the technology is
introduced to the media, analyst and investors - they will be as excited and convinced as
I am.



Q: FNM



Some big deals are happening in the facial recognition space as well - something NXT-
ID has entered with its subsidiary 3D-ID LLC. I understand the company has 22 patents.
With companies like Facebook (FB) talking about facial recognition and Hewlett-Packard
Company (HPQ) just announcing a huge deal with the Department of Homeland Security for
biometrics that included both facial and voice recognition - how do you biometrics
technology rolling out?



A: Chad A. Verdi



I agree with most of what the leading analysts are saying - Apple's implementation is
the just the beginning and they making biometrics mainstream. And that is why I invested
in and then became the largest shareholder in NXT-ID. Like I stated prior to you, I own
Apple, Yahoo, etc, I believe NXT-ID can become what those companies are today.



Q: FNM



Recently it was stated you are working with two Oscar winning producers, Martin
Scorsese and Bruce Cohen on your next project Bleed for This. That is so cool, how do you
sleep at night?



A: Chad A. Verdi



Yes, that is very, very cool and I don't sleep at night. Like Bleed for This, NXT-ID
keeps me up all night, they are both game changers and both have huge potential The one
difference I feel is that NXT-ID products will one day be used by most if not all humans,
it can be that big.



About the Verdi Productions and Woodhaven Production Company:



Both Verdi Productions and The Woodhaven Production Company are fully funded film
production companies, covering all aspects of filmmaking from conception of script through
postproduction. http://www.woodhavenfilms.com, http://www.verdifilms.com



Additional biometrics news for Apple, Inc. (AAPL), Facebook, Inc. (FB) and Google,
Inc. (GOOG) have all recently revealed plans to incorporate Facial Recognition and Touch
Fingerprint technology. The facial recognition sector is forecasted to reach a value of
$3.5 billion by 2015, while the fingerprint sector is scheduled to reach a value of $6.6
billion the same year.



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