SmallCapVoice: PositiveID Corp. (PSID) Announces First Quarter 2012 Accomplishments
PositiveID, an emerging growth company and developer of advanced technologies for diabetes management as well as sophisticated airborne bio-threat detection systems for America’s homeland defense industry, today announced its accomplishments for the first quarter of 2012, including its positioning for the $3.1 billion BioWatch contract and the continued progress with the Company’s development and clinical study of its innovative diabetes management products. PositiveID’s First Quarter 2012 Operational Highlights • Positioned its M-BAND airborne bio-threat detection system to take part in the Department of Homeland Security’s $3.1 billion BioWatch Gen-3 opportunity, which is expected to be released in the third quarter…