PositiveID Corporation (fka PSID)

[Penn88]

Fresh news!

PositiveID Expands Distribution for its Caregiver Non-Contact Thermometer with National Distribution & Contracting, Inc.

March 06, 2017 08:30 ET | Source: PositiveID Corporation

"DELRAY BEACH, Fla., March 06, 2017 (GLOBE NEWSWIRE) -- PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a life sciences company focused on detection and diagnostics, announced today that its Thermomedics Inc. subsidiary (“Thermomedics”), which markets the Caregiver® non-contact thermometer, has entered into a new distribution agreement with National Distribution & Contracting, Inc. (“NDC”). Through this new warehouse vendor agreement, NDC will purchase units of Caregiver and distribute it to its member distributors serving the acute care, alternate site, long-term care and home health segments.

Caregiver, FDA cleared for clinical use, is a professional grade, infrared thermometer for measurement of forehead temperature in adults, children, and infants, without contact. It delivers an oral-equivalent temperature directly from the forehead in one to two seconds. Since there is no skin contact and Caregiver does not require probe cover supplies, it reduces the risk of cross-contamination, which is an increasing concern, and saves healthcare facilities the cost of covers (as much as $0.05 to $0.10 per temperature), storage space, and waste disposal costs. It is estimated that Caregiver can offer savings of $250 or more per year per device in probe cover supplies alone.

“Expanding the distribution channel for Caregiver is an integral component of our plan to grow its sales, and this new agreement with NDC gives us access to the nation’s largest network of independent healthcare distributors,” stated William J. Caragol, Chairman and CEO of PositiveID. “We believe NDC, which has a long, results-driven history, will help improve the marketing reach and sales efficiency for Caregiver.”

Caregiver requires minimal training and is proven as accurate as other methods of clinical thermometry, which include predictive oral/rectal/axillary electronic, infrared tympanic, temporal artery contact scanner, etc. Other temperature monitoring devices may require protective probe covers, intensive technique concentration, which make them prone to mistaken placement or dwell time, and may require replacement metal probes, cords, or other parts.

About NDC
Since 1953, NDC has been a leading global provider of both upstream and downstream healthcare supply chain products and support. NDC offers a wide range of solutions for distributors and manufacturers to deliver efficiency to healthcare. NDC aims to serve its customers by helping to access new markets and products, grow sales, and reduce operating and transaction costs.

About PositiveID Corporation
PositiveID Corporation is a life sciences tools and diagnostics company with an extensive patent portfolio. PositiveID develops biological detection and diagnostics systems, specializing in the development of microfluidic systems for the automated preparation of and performance of biological assays. PositiveID is also a leader in the mobile technology vehicle market, with a focus on the laboratory market and homeland security. For more information on PositiveID, please visit http://www.psidcorp.com, or connect with PositiveID on Twitter, Facebook or LinkedIn."