|By PR Newswire||
|September 19, 2013 08:45 AM EDT||
CORAL SPRINGS, Florida, September 19, 2013 /PRNewswire/ --
FinancialNewsMedia.com reports on today's leaders in the Technology sector: NXT-ID, Inc., (OTCQB: NXTD), Apple, Inc. (NASDAQ: AAPL) , Yahoo! Inc. (NASDAQ: YHOO), Lions Gate Entertainment Corp. (NYSE: LGF) and Berkshire Hathaway (NYSE: BRK.B).
FN Media Group (FNM) is pleased to publish an interview with Rhode Island investor, businessman and award winning movie producer Chad A. Verdi . Mr. Verdi discusses his recent investment in biometric mobile security company NXT-ID, Inc.'s ( NXTD) as well as Apple (AAPL) , Yahoo (YHOO), Lions Gate Entertainment Corp. ( LGF) and Berkshire Hathaway (BRK.B). FN Media Group talks to Mr. Verdi about his investment strategy and what compels him to bet on a company.
Chad your primary business role over the last several years has been as a movie producer and a businessman in diverse sectors. As a self- made entrepreneur what do you look for in the public companies you invest in?
A: Chad A. Verdi
I look for companies that are undervalued and that have most if not all their R&D spending behind them. I want them ready to enter the market place at full speed.
You obviously have a range of small to large companies you invest in - is there a common theme or factor?
A: Chad A. Verdi
Yes, the huge upside potential is always what I am looking for.
Do you still have faith in Apple (AAPL) without Steve Jobs at the helm?
A: Chad A. Verdi
Yes, Apple is a leader today in mobile unites and it will lead this market for decades to come. Also, they have 150 billion in cash, that's never hurts.
You recently invested in a mobile security /biometric company, NXT-ID, Inc. (NXTD) becoming its largest shareholder. What did you see at an early stage to compel you to take the risk? And what was your due diligence process?
A: Chad A. Verdi
I feel I am very good at being able to look outside the box, seeing things others can't or are over looking. When you can achieve that, the sky is the limit on what your maximum potential in an investment can be. In the case of NXTD, they have the products in a space that I feel has huge potential. Mobile security is what everyone is talking about now; it's a very hot sector. Their 3D facial recognition is leading edge technology. Their first product, the Wocket, they are launching this fall, sets the stage for the roll- out of their Mobile suite of products. Just like my other investments in Apple (AAPL) and Yahoo (YHOO), they were first and leaders in their respective markets and being first pays off big time!
What's next on the horizon for your investment and entertainment business front ? For a relatively new company in the entertainment industry, you have attracted some very impressive names and talent to your team. I just read that you signed Oscar winners Martin Scorsese, Bruce Cohen along with Ben Younger and Emma Tillinger Koskoff, to your next project (Bleed for This). How excited are you about working with them and how did all of this come about?
A: Chad A. Verdi
I am extremely excited about the caliber of talent attached to our next project. This film is the reason my wife Michelle, (head of music and talent) and I got involved in this business. Having Ben, Martin, Bruce, and Emma involved elevates this project to a whole new level. It all started with the great script Ben wrote, the writer/director and the leader of our team. He is a true gem. In regards to the business place, it's all about Nxt-Id for now. I see this as a huge win for me and my family.
Bio for Chad A. Verdi:
Mr. Verdi is an Entrepreneur that at the early age of 18 years old Mr. Verdi acquired his first business, a RI television listing newspaper called TV Facts that is still in publication today. By the age of 21 Verdi acquired several other businesses in the food service sector throughout RI. By age 30, Verdi owned, co-owned or had investments in over a dozen businesses that ranged from food and toy manufacturing to restaurants and hi-tech developments in the biotechnology field. Over the last 13 years, Mr. Verdi has been involved in over 750 million dollars in business mergers, reverse mergers, start-ups and acquisitions and currently owns, co-owns or has investments in more than two dozen businesses in diversified industries with more than 500 local employees and sales of more than $100 million nationwide. He also holds a large real estate portfolio that includes the 175-year-old former United Methodist Church in East Greenwich where the constitution of RI was adopted. View the full company profile for Verdi Corrente Productions (VCP): http://www.investorideas.com/CO/VCP/
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/
Apple Inc., (AAPL) together with subsidiaries, designs, manufactures, and markets mobile communication and media devices, personal computing products, and portable digital music players worldwide. Apple announced this week that iPhone® 5s, the most forward-thinking smartphone in the world and iPhone 5c, the most colorful iPhone yet, will be available to customers on Friday, September 20 at 8:00 a.m. local time at Apple retail stores and at 12:01 a.m. PDT at the Apple Online Store (http://www.apple.com).
Yahoo! Inc., (YHOO) a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. It operates Yahoo.com that offers Yahoo! Search, which provides users with a free search capability; Yahoo! News that provides news via text, photos, and video; and Yahoo! Sports, which offers fantasy sports, editorial reporting, real-time scores, statistics and breaking news, and global sports events and premium college sports coverage. YHOO closed up slightly on Wednesday (09/18/2013) at $26.33 on 14.9Million shares traded.
Lions Gate Entertainment Corp. (NYSE: LGF) is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. Lionsgate currently has 30 television shows on 20 different networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as the multiple Emmy Award-winning Mad Men and Nurse Jackie, the comedy Anger Management, the network series Nashville, the syndication success The Wendy Williams Show and the critically-acclaimed new series Orange Is The New Black. LGF closed down slightly on Wednesday (09/18/2013) at $36.28 on 1.87Million shares traded.
Berkshire Hathaway, Inc. (BRK.B) is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. BRK-B closed up slightly on Wednesday (09/18/2013) at $116.70 on 4.8Million shares traded.
FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454. (SMS alerts are free, however data rates may apply, check your wireless plan for details.)
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company, entity or individual person mentioned herein. The opinions and views expressed in this release regarding investor strategies and thoughts are the opinions of Mr. Verdi and do not reflect the opinions or views of FN Media Group, LLC or the opinions or views of any other company, entity or individual person mentioned in this release. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group LLC
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Oct. 27, 2016 06:15 PM EDT Reads: 1,316
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Oct. 27, 2016 06:00 PM EDT Reads: 2,985
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
Oct. 27, 2016 05:45 PM EDT Reads: 1,175
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that cl...
Oct. 27, 2016 05:30 PM EDT Reads: 597
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
Oct. 27, 2016 05:00 PM EDT Reads: 1,056
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
Oct. 27, 2016 04:30 PM EDT Reads: 1,334
Intelligent machines are here. Robots, self-driving cars, drones, bots and many IoT devices are becoming smarter with Machine Learning. In her session at @ThingsExpo, Sudha Jamthe, CEO of IoTDisruptions.com, will discuss the next wave of business disruption at the junction of IoT and AI, impacting many industries and set to change our lives, work and world as we know it.
Oct. 27, 2016 04:30 PM EDT Reads: 450
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Oct. 27, 2016 04:15 PM EDT Reads: 3,271
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
Oct. 27, 2016 04:15 PM EDT Reads: 1,550
In his session at 19th Cloud Expo, Nick Son, Vice President of Cyber Risk & Public Sector at Coalfire, will discuss the latest information on the FedRAMP Program. Topics will cover: FedRAMP Readiness Assessment Report (RAR). This new process is designed to streamline and accelerate the FedRAMP process from the traditional timeline by initially focusing on technical capability instead of documentation preparedness. FedRAMP for High-impact level systems. Early in 2016 FedRAMP officially publishe...
Oct. 27, 2016 04:00 PM EDT Reads: 611
SYS-CON Events announced today that Impiger Technologies will exhibit in Booth #109 at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Impiger Technologies is a world-class, enterprise software product engineering company specializing in Mobile Application Development, Cloud Applications, Microsoft Technology Solutions, Web Technology and Telecom Services. Impiger Technologies helps enterprises improve busi...
Oct. 27, 2016 03:44 PM EDT Reads: 233
Qosmos, the market leader for IP traffic classification and network intelligence technology, has announced that it will launch the Launch L7 Viewer at CloudExpo | @ThingsExpo Silicon Valley, being held November 1 – 3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The L7 Viewer is a traffic analysis tool that provides complete visibility of all network traffic that crosses a virtualized infrastructure, up to Layer 7. It facilitates and accelerates common IT tasks such as VM migra...
Oct. 27, 2016 03:15 PM EDT Reads: 559
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
Oct. 27, 2016 02:30 PM EDT Reads: 608
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Oct. 27, 2016 02:17 PM EDT Reads: 253
As companies adopt the cloud-to-streamline workflow, deployment hasn’t been very seamless because of IT concerns surrounding security risks. The cloud offers many benefits, but protecting and securing information can be tricky across multiple cloud providers and remains IT’s overall responsibility. In his session at 19th Cloud Expo, Simon Bain, CEO of SearchYourCloud, will address security compliance issues associated with cloud applications and how document-level encryption is critical for sup...
Oct. 27, 2016 01:48 PM EDT Reads: 310