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Thursday, December 20, 2012

Defense Stock Trading Alert: PositiveID (OTCBB: PSID) Trades Up on News of Boeing (NYSE:BA) Licensing Deal of $2.5 million for M-BAND systems

Point Roberts, WA - December 20, 2012 (Investorideas.com Newswire, www.biodefensestocks.com) Investorideas.com, a leader in sector research for independent investors issues a trading alert for biodefense stock, PositiveID Corporation(OTCBB: PSID). The stock jumped over 50 % in early morning trading following news of a license agreement and a teaming agreement with The Boeing Company (NYSE:BA), including a license fee to PositiveID of $2.5 Million.

William J. Caragol, Chairman and CEO of PositiveID, stated, "We are very proud to team with Boeing on the BioWatch opportunity and look forward to being a part of a strong team that exceeds the expectations of our customers."
A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $32 billion business with 60,000 employees worldwide. Follow us on Twitter: @BoeingDefense.
Full news: http://www.investorideas.com/CO/PSID/news/2012/12201.asp
About PositiveID Corporation
PositiveID Corporation is an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for rapid medical testing and diabetes management. Its wholly-owned subsidiary, Microfluidic Systems, 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 .
Published at Investorideas.com News wire
More info on PSID
http://www.investorideas.com/CO/PSID/
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