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Thursday, 11/20/2014 7:33:38 AM

Thursday, November 20, 2014 7:33:38 AM

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Positive ID Analyst Report and Valuation: Detecting Unseen Threats by Small Cap IR
PR Newswire
Small Cap IR 31 minutes ago

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NEW YORK, Nov. 20, 2014 /PRNewswire/ -- According to Homeland Security Research Corporation ("HSRC"), a leading independent industry research company, the annual global market for detecting biological threats ("bio-detection"), is projected to grow to $5.6 billion by 2016, a 12% compound annual growth rate from 2011. Growth in the global bio-detection market will be led by the United States, with the U.S. bio-detection market forecasted by HSRC to grow from $1.3 billion in 2010 to $2.6 billion by 2016. In addition, there are numerous food safety and agricultural needs for a hand-held "point-of-need" bio-detection technology. According to a report by Global Industry Analysts, the global market for food safety testing is projected to reach $19.7 billion by 2018.

PositiveID Corporation (PSID) develops molecular diagnostic systems for bio-threat detection and rapid medical testing. The company's proprietary detection system for airborne pathogens, M-BAND, continuously and autonomously analyzes air samples for airborne biological threats in the form of bacteria, viruses, and toxins. The company's hand-held, point-of-need system, Firefly Dx, is designed to deliver molecular diagnostic results using real-time TaqMan PCR® chemistry. This system is being developed to meet growing needs in healthcare and molecular diagnostics markets, by enabling hospitals, physicians and other providers to save lives and fight disease.

A full in-depth analyst report on PSID that includes company overview, products, market and competition breakdown, recent events, outlook, analyst summary, valuation, and recommendation can be viewed by using the following link at no cost:

http://bit.ly/-PSID-Report

Copy and paste to browser may be required.

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