PositiveID Corporation (fka PSID)

[Micheal Stocks]

$PSID PRESENTING AT CONFERENCE THIS WEEK

Corporation to Present at the Aegis Capital Corp. 2015 Growth Conference on October 8th

DELRAY BEACH, Fla., Sept. 29, 2015 (GLOBE NEWSWIRE) -- PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a developer of biological detection and diagnostics solutions, announced today that Chairman and CEO William J. Caragol will present at the Aegis Capital Corp. 2015 Growth Conference Featuring Healthcare, Technology, Telecom & Aerospace-Defense, on Thursday, October 8, 2015 at 1:00 pm PDT/4:00 pm EDT, at the Encore at Wynn Las Vegas in Las Vegas, NV.
PositiveID’s Firefly Dx is a point-of-need, handheld system designed to deliver molecular diagnostic results from a sample in less than 20 minutes, compared to hours or even days for a lab device, using real-time PCR (polymerase chain reaction) chemistry. The system is a two-part device consisting of a portable handheld instrument with wireless communication and disposable single-use cartridges containing all necessary analytical elements. The system is designed to process a variety of sample types, including whole blood, buccal and nasopharyngeal swabs, urine, and environmental field samples.

PositiveID’s M-BAND (Microfluidic Bio-agent Autonomous Networked Detector) continuously and autonomously analyzes air samples for the detection of biological airborne threats in the form of bacteria, viruses, and toxins for up to 30 days. Results from individual M-BAND instruments are reported via a secure wireless network in real time to give an accurate and up-to-date status of field conditions. M-BAND is the only system of its kind successfully demonstrated in the field under the DHS’ BAND Program (Bio-agent Autonomous Networked Detector).

About PositiveID Corporation

PositiveID Corporation is a life sciences tools and diagnostics company that develops biological detection systems for point-of-need testing and America’s homeland defense industry. PositiveID is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats and analyze biological samples. For more information on PositiveID, please visit http://www.psidcorp.com, or connect with PositiveID on Twitter, Facebook or LinkedIn.

http://globenewswire.com/news-release/2015/09/29/771798/0/en/PositiveID-Corporation-to-Present-at-the-Aegis-Capital-Corp-2015-Growth-Conference-on-October-8th.html