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SmallCapNewsRelease:(NASDAQ: PSID) Newest Patent Aids In Detection Of Disease


JERICHO, NY—(SmallCapNewsRelease)—August 2, 2011, PositiveID Corp. (NASDAQ: PSID ) announced they have received their World Intellectual Property Organization patent (WO2008/005166) for “Apparatus and Method of Extracting and Optically Analyzing an Analyte from a Fluid-based Sample”.

This patent along with another received in mid-July of this year, allow rapid, accurate detection of biological samples with limited resources both in the field or in a clinical environment.

What makes PositiveID Corp’s technology unique is a very low-power optical analysis system directly coupled to a collection system to perform optical analysis on multiple collected analytes. The specific capture can be for a nucleic acid, protein or other target analyte, and multiple options for optical detection exist.

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SmallCapNewsRelease gainers are Interphase Corp (NASDAQ: INPH) Medgenics Inc (NASDAQ: MDGN) Synchronoss Technologies, Inc (NASDAQ: SNCR) Vringo, Inc (NASDAQ: VRNG) Hong Kong Highpower Tech (NYSE: HPJ) L&L Energy (NASDAQ: LLEN) Radian Group (NYSE: RDN) Donegal Group (NASDAQ: DGICB)

SmallCapNewsRelease decliners are Insmed, Inc (NASDAQ: INSM) MewtroPCS (NYSE: PCS) AgFeed Industries (NASDAQ: FEED) Openwave Systems (NASDAQ: OPWV) Ferro Corp (NYSE: FOE) Leap Wireless (NASDAQ: LEAP) DineEquity, Inc (NYSE: DIN) DUSA Pharmaceuticals (NASDAQ: DUSA)

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