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  • Defense Stock Trading Alert: PositiveID (OTCBB: PSID) Trades Up On News Of Boeing (NYSE:BA) Licensing Deal Of $2.5 Million For M-BAND  0 comments
    Dec 20, 2012 11:06 AM | about stocks: PSID, BA

    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

    PositiveID provides Boeing an exclusive license to manufacture and sell M-BAND units for the North American market; PositiveID retains exclusive rights to be the reagent and assay supplier for the M-BAND systems

    Point Roberts WA, December 20,2012 ( Newswire, ), 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:

    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

    Published at News wire

    More info on PSID

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    Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure PSID is a featured company on and has compensated the company in the past. is currently long PSID shares.

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    Disclosure: I am long OTCQB:PSID.

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