NEW YORK, Sept. 10, 2014 /PRNewswire/ -- Small Cap Traders analyst report by Michael Anderegg, CFA. PositiveID Corp. (OTCQB: PSID) based in Delray Beach, Fla. and Pleasanton, CA is an emerging player in the BioThreat detection market and has garnered increasing attention as the recent high visibility Ebola outbreak has exploded. Since a Company update disclosing the issuance of revenue guidance through the end of 2015 of $4-10 million (combined between 2014 and 2015), the Company subsequently reported earnings in August featuring the Company's first ever revenue from operations and the smallest operating loss in Company History. A number of metrics were hit in 1H14 that have established traction and begun to build momentum for what is expected to be a strong 2H of the year for PSID.
In addition its Firefly Dx system, designed to deliver molecular diagnostic results rapidly at the point-of-need, which could be used to detect Ebola and other biological threats, was recently featured in Computerworld. The article titled "Mobile testing for Ebola gains renewed urgency as outbreak grows," can be found at: http://bit.ly/-PSID-ArticleComputerWorld
This morning's announcement that the Company has shipped three M-BAND (Microfluidic-based Bioagent Autonomous Networked Detector) systems to Aberdeen Proving Ground ("APG") in Maryland for continued testing to protect U.S. warfighters as part of The Joint United States Forces Korea Portal and Integrated Threat Recognition (JUPITR) program. APG is recognized as one of the world's most important research and development, testing and evaluation facilities for military weapons and equipment, and supports military and civilian scientists, research engineers, technicians and administrators. This announcement is well timed to coincide with a management presentation at the Rodman & Renshaw 16th Annual Global Investment Conference at the New York Palace Hotel. PSID is well positioned to garner not only increasing market share but also to significantly increase visibility and awareness in the investment community.
An analyst report which details the current situation, an overview of the company and analyst comments can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:
http://bit.ly/-PSID-AnalystBrief
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