Scottsdale 6/21/2012 1:05:00 AM
News / Finance

PositiveID (PSID) Wins Gold Award for iGlucose Diabetes Management Technology

QualityStocks would like to highlight PositiveID Corporation (OTCBB:PSID), an emerging growth company and developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense. 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 recently was awarded the Gold award for its iglucose® mobile health solution for diabetes management at Connected World magazine’s Value Chain Awards in the Home Health category.

As part of the Connected World Conference, the Value Chain Awards Gala recognizes success in the M2M (machine-to-machine) and connected devices marketplace.

“The 2012 winners represent successful implementations in home health, education, emergency response, tracking, and even the prevention of distracted driving. This is a great illustration as to how M2M technology and connected devices can be relied upon to not only make our lives more convenient and efficient, but much safer and responsible,” Peggy Smedley, editorial director of Connected World stated at the Awards Gala.

PositiveID’s FDA-cleared iglucose system uses mobile technology to modernize the way individuals with diabetes manage their condition by wirelessly communicating data from glucometers to the iglucose diabetes management portal. These glucose readings can then be shared with family members and healthcare professionals.

The device is compatible with leading FDA-cleared glucometers and does not require the use of a cell phone or a wireless plan.

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