Scottsdale 4/27/2012 1:45:00 AM
News / Finance

PositiveID (PSID) Recognized as Finalist in 2012 CTIA’s Annual Emerging Technology Competition

QualityStocks would like to highlight PositiveID Corporation (OTCBB: PSID), developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense industry. Its wholly-owned subsidiary, Microfluidic Systems, or MFS, 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.

In the company’s news yesterday,

PositiveID Corp. announced its iglucose product was named a finalist in the Healthcare and Wellness Category of CTIA’s annual Emerging Technology (E-Tech) Awards competition, which honors the most innovative new products in 15 categories spanning the areas of mobile apps, consumer electronics, enterprise, and infrastructure.

A panel of industry experts, media, and analysts judged hundreds of entries, issuing scores on innovation, functionality, technological importance, and implementation. PositiveID’s FDA-cleared iglucose was chosen as a finalist among entries from industry giants such as Alcatel-Lucent, AT&T, HTC, Motorola, Nokia Siemens, Samsung, and Qualcomm.

What separates iglucose apart from other mobile health solutions on the market is its simplicity, which allows the product to be used by consumers of any technical skill level.

iglucose seamlessly communicates data from glucometers to the iglucose diabetes management portal; glucose readings can then be shared with family members and healthcare professionals via online, SMS text, e-mail, or fax.

Winners will be announced on Wednesday, May 9 at 2 p.m. CDT by Jon Fortt, technology correspondent for CNBC on the Exhibit Innovations Stage at International CTIA WIRELESS, taking place May 8–10, 2012 at the Ernest N. Morial Convention Center in New Orleans.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net 

Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net  

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.