Subject: PSID Announces third Quarter Highlights for 2016

SCV Client Spotlight
BY READING THIS EMAIL YOU CERTIFY YOU HAVE READ THE DISCLAIMER BELOW AND THE FULL DISCLAIMER PROVIDED THROUGH A LINK AT THE END OF THIS EMAIL. This is a paid advertisement., Inc. is not responsible or held liable for the information in the press releases issued by the companies in these emails. Please always do your own due diligence.
Facebook Twitter YouTube
PSID Announces third Quarter Highlights for 2016
Hot Stock to WatchHot Stock to Watch

Company: PositiveID Corporation (OTCQB: PSID)


Price: 0.0271

Change (%): - 0.0009 (3.21)

Volume: 792,121
PSID Chart

PositiveID Announces Highlights for Third Quarter 2016

Highlights Include the Award of a Follow-on Contract for the U.S. Department of Homeland Security SenseNet Program Phase II

DELRAY BEACH, Fla., Sept. 27, 2016 (GLOBE NEWSWIRE) - PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a life sciences company focused on detection and diagnostics, announced today a summary of its highlights for the third quarter of 2016.
  • PositiveID was awarded a follow-on contract from the U.S. Department of the Interior on behalf of the U.S. Department of Homeland Security Science & Technology Directorate for the SenseNet Program Phase II, in conjunction with its partner ENSCO.
  • The Company announced that it is conducting a pilot study with seqID inc using PositiveID’s Firefly Dx polymerase chain reaction (“PCR”) breadboard prototype pathogen detection system (“prototype system”) to detect genetically modified organisms for the agricultural market.
  • The Company completed its acquisition of Thermomedics Inc., the designer and marketer of the Caregiver® infrared, non-contact thermometer, which is FDA-cleared for clinical use.
  • PositiveID announced that it expects to launch a Bluetooth® version of its FDA-cleared Caregiver® infrared, non-contact thermometer by early 2017, to connect wirelessly to electronic health record (EHR) systems and other hospital equipment such as patient monitoring stations.
  • The Company announced that Caregiver outperformed a temporal artery thermometer in every category evaluated during a Veterans Affairs San Diego Healthcare System study of Post Anesthesia Care Unit (“PACU”) patients.
  • PositiveID added Paul Schaudies, Ph.D., Co-Founder and CEO of GenArraytion, to its Board of Advisors. PositiveID has successfully detected the Zika virus on its Firefly Dx prototype system using GenArraytion’s Zika assay, the first commercially available, multi-target, PCR-based molecular test to identify the Zika virus, its Aedes Aegypti MultiFLEX™ PCR test.
  • During the third quarter of 2016 bookings for vehicle production and modification at the Company’s E-N-G-Mobile Systems (“ENG”) subsidiary grew approximately 170% over the quarterly average for the first two quarters of 2016.
“We continue to make strides to expand and improve operationally in all areas of our business, and we are particularly proud of the follow-on contract award we received for the second phase of the DHS SenseNet program, which, we believe, further validates our Firefly Dx technology,” stated William J. Caragol, Chairman and CEO of PositiveID. “We believe our product portfolio, which has grown significantly following our acquisitions of Thermomedics and ENG in late 2015, represents best-in-class technologies in each of the markets we serve, and are confident these acquisitions will continue to benefit our Company for the remainder of 2016 and beyond.”

Continue Reading

Like Us on FacebookFollow Us on Twitter

SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, publicly available material information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that this information, which originates from third parties, is accurate. We do not have the resources to confirm the accuracy of all information obtained from third parties. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from You may opt out of our distribution list at any time by clicking on the “unsubscribe” link below. Link to full disclosure about compensation paid to, Inc. by companies featured on our website or in our e-mail communications.

About Penny Stocks