NEW YORK, Oct. 16, 2014 /PRNewswire/ -- Analyst report by Small Cap IR. 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. Most recently on October 10 PSID announced that in conjunction with its partner, ENSCO, Inc., PSID has been awarded a SenseNet Program contract from the U.S. Department of the Interior on behalf of the U.S. Department of Homeland Security Science & Technology Directorate. The goal of this SenseNet award is to implement faster, less expensive bio-threat detection systems, using existing infrastructure where possible, to provide an added level of security. As part of this award, PositiveID will offer its Firefly Dx system, which is a point-of-need system designed to deliver molecular diagnostic results using real-time PCR (polymerase chain reaction) chemistry.
This is not a purely fundamental story at this time but is coming much closer to solutions that can revolutionize the bio-threat detection market. We view the ENSCO partner announcement as another in a series of validating datapoints for PSID that are building momentum as we complete calendar year 2014. There are a number of potential intermediate term catalysts that dovetail with news developments to make this space extremely timely for speculators and traders.
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--AnalystReport
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