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$PSID ~ PositiveID announced today that revenues so far this year for its mobile laboratories at its E-N-G Mobile Systems™ (“ENG”) subsidiary total $1.4 million year-to-date, up almost 19% over mobile laboratories revenues for all of 2016.

ENG is a specialty vehicle manufacturer, which has delivered more than 1,500 vehicles, with a focus on building customized mobile laboratories. Not only does ENG’s mobile labs revenue year-to-date exceed mobile labs revenue generated for all of 2016, its mobile lab business has also grown as a percentage of ENG’s total sales. Sales of mobile labs currently represent more than 50% of ENG’s total revenue in 2017 year-to-date, versus 24% in 2016. Although year-to-date mobile laboratory revenues and mobile labs revenue as a percentage of ENG’s total sales currently exceed mobile labs revenue and sales mix for 2016, these metrics may not continue to track at a comparable rate on a year over year basis.

“Mobile labs are one of our core competencies, and we continue our drive as the industry’s preeminent provider of these highly specialized, customized vehicles as demonstrated by the growth of this segment of our business,” said Lyle L. Probst, CEO of ENG. “When a customer needs a mobile lab, we design it from the ground up, utilizing the expertise of our team of in-house scientists and skilled engineers to make the best lab-on-wheels available, which is emphasized by our prestigious list of customers,” continued Mr. Probst.

The MobiLab line brings chemical, environmental and biological detection, monitoring and analysis to the field where it is needed most. ENG has delivered more than 400 MobiLabs to customers around the globe, with applications ranging from general purpose and chemistry labs to BSL3-ready and full CBRNE (chemical, biological, radiological, nuclear and explosives) threat detection and analysis.

In addition to its mobile labs, ENG also designs and builds communications support vehicles/command centers (cell-on-wheels and cell-on-light-trucks), radio frequency test platforms, broadcast news vehicles, and other technical specialty vehicles.

https://www.otcmarkets.com/stock/PSID/news/PositiveID-rsquo-s-E-N-G-Mobile-Labs-Revenues-for-First-Eight-Months-of-2017-Exceed-Full-Year-2016-Mobile-Labs-Revenues-by-19-?id=167826&b=y