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| PSID Up in Price and Volume in Response to Update PR |
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 Hot Stock to Watch |
Company: PositiveID Corporation (OTCQB: PSID)
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Last:
Price: 0.056
Change (%): + 0.002 (3.70)
Volume: 676,127 |
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PositiveID Publishes Updated Report on Its BioThreat Detection and Diagnostics Solutions and Market Opportunities
DELRAY BEACH, Fla., June 30, 2014 (GLOBE NEWSWIRE) - PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a developer of biological detection and diagnostics solutions, today published an updated report on its 2014 progress and future market opportunities for its homeland security and medical diagnostics technologies.
“There is a pervasive, global need for advanced biological detection capabilities, where time to detection is critical to stop a biological attack in its tracks,” stated William J. Caragol, PositiveID’s Chairman and CEO. “As evidenced by our current relationships with large commercial and government partners, we believe our M-BAND and Firefly Dx systems offer significant benefits over existing products, including faster, more accurate detection, at a lower cost. The Company is generating revenue for the first time since its formation, and we have issued revenue guidance through the end of 2015 of 4-10 million dollars (2014 and 2015 combined), 3.3 million dollars of which is currently in backlog.”
A copy of the report is available on PositiveID’s website at http://www.positiveidcorp.com/files/PositiveID_Market_Opportunities_Report_2014-06-30.pdf.
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