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www.InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas, news and research for biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more on... More
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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 (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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    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 Investorideas.com and has compensated the company in the past. Investorideas.com is currently long PSID shares. www.InvestorIdeas.com/About/Disclaimer.asp

    BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

    800-665-0411 - Source - www.Investorideas.com

    Disclosure: I am long OTCQB:PSID.

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