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PositiveID Publishes Year-End Update Report on Market Opportunities for Its Bio-Threat Detection and Diagnostics Solutions

DELRAY BEACH, Fla., Dec. 23, 2014 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID" or "Company") (OTCQB:PSID), a developer of biological detection and diagnostics solutions, announced today it published a 2014 year-end update report on market opportunities for its homeland security and medical diagnostics technologies. A copy of the report is available on PositiveID's website at http://positiveidcorp.com/files/PositiveID_Market_Opportunities_Report_2014-12-19.pdf.

"As 2014 draws to a close, we are providing this updated report to highlight our significant accomplishments for the year, and also give an outlook to our stockholders and the investor community on future market opportunities for 2015 and beyond," said William J. Caragol, PositiveID's Chairman and CEO.

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 made in its report constitute "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, without limitation, the Company's ability to target the bio-threat detection and rapid medical testing sectors; as well as 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 11, 2014, and 10-Qs filed on November 17, 2014, August 14, 2014, and May 20, 2014, 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