PositiveID Corporation Adds U.S. Homeland Security and Counter-Terrorism Expert Thomas DiNanno to Its Advisory Board

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DELRAY BEACH, Fla., Feb. 4, 2014 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID" or "Company") (OTCQB:PSID), a developer of biological detection and diagnostics solutions, today announced it has added Thomas DiNanno to its Advisory Board. Mr. DiNanno, who led the stand-up of the first National Bio-surveillance Integration System, joins PositiveID's current advisors Mike Campbell, Yuval Rabin and Dr. Kimothy Smith. The Company expects to leverage Mr. DiNanno's homeland security and counter-terrorism expertise and relationships within the U.S. government and private sector to secure opportunities for PositiveID's M-BAND and Firefly products.

Mr. DiNanno is President of Republic Consulting Group working closely with corporate and government clients to provide enterprise risk management and cyber security solutions to financial services, health care and other critical infrastructure operators. He previously served as Deputy Assistant Secretary for Critical Infrastructure Protection at the U.S. Department of Homeland Security ("DHS") where he was responsible for Homeland Security initiatives to identify and protect the nation's critical infrastructure. Mr. DiNanno also served as a key architect of the DHS and business community interface. Previously he served as Special Assistant to the Chief of Staff in DHS, and in the White House Office of Homeland Security as Director of Corporate Relations from November 2001 to March 2003, reporting directly to then DHS Secretary, Governor Tom Ridge.

Mr. DiNanno is one of the country's foremost experts on corporate and government interaction in the post 9/11 era. He has also represented the United States in several bilateral initiatives involving cooperation between the private sector and government infrastructure and counter-terrorism initiatives, in Latin America, Canada and Europe. He received his MS in Business and Urban Planning from Massachusetts Institute of Technology, an MA in Government Administration from the University of Pennsylvania, and an MA in International Relations at the Fletcher School of Law & Diplomacy. He received a BA in Economics and Latin American Studies from Middlebury College.

"PositiveID is very pleased to have another accomplished and well-respected homeland security expert join our Advisory Board," said William J. Caragol, Chairman and CEO of PositiveID. "We believe Tom's leadership role at DHS and knowledge of issues affecting our homeland defense will help PositiveID more effectively position and grow our business."

About PositiveID Corporation

PositiveID Corporation is an emerging growth company and developer of biological detection systems for America's homeland defense industry as well as rapid biological testing. 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 at high-value locations, as well as analyze samples in a medical environment. For more information on PositiveID, please visit http://www.PositiveIDCorp.com.

Statements about PositiveID's future expectations, including the likelihood that the Company will leverage DiNanno's homeland security and counter-terrorism expertise and relationships within the U.S. government and private sector to secure opportunities for PositiveID's M-BAND and Firefly products; the likelihood that Tom's leadership role at DHS and knowledge of issues affecting our homeland defense will help PositiveID more effectively position and grow our business; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully commercialize its M-BAND and Firefly products; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on April 16, 2013, and 10-Qs filed on May 20, 2013, August 14, 2013, as amended August 19, 2013, and November 19, 2013, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.

CONTACT: PositiveID Corporation Allison Tomek 561-805-8000 atomek@positiveidcorp.com

Source:PositiveID Corporation