PositiveID’s iglucose System Addresses Patient, Healthcare and Insurance Provider Needs to Help Improve Outcomes and Decrease Costs to the Healthcare System
PositiveID Corporation (OTCBB: PSID) the parent company of the iglucoseâ„¢ system is bringing the future technology of diabeties management to consumers now has created a comprehensive video presentation to show the many beneffits of iglucose systems.
Delray Beach, Florida USA (PRWEB) October 26, 2011
PositiveID Corporation, (OTCBB: PSID) the developer of the iglucoseâ„¢ system, is bringing the future technology of diabetes management to consumers now, and has created a comprehensive video presentation to show the many benefits of the iglucose system. The video is available here: iglucose – Simplifying Diabetes Management http://www.positiveidcorp.com/products_iglucose.html
The powerful and easy-to-use iglucose mobile health system is designed to work with existing popular glucose meters already in the market and will be integrated to work in concert with a major breakthrough product in development and getting closer to coming to market from PositiveID â€“ the companyâ€™s non-invasive (no pricks or blood required) breath-based glucose tester called Easy Checkâ„¢. This revolutionary product will simply allow the user to blow into the device to get glucose readings. These readings could, of course, be transmitted with the iglucose system for the desired persons to read and monitor. The breath-based glucose meter is ready for pre-trial testing and is rapidly heading towards US Food and Drug Administration submission and entry into the marketplace.
iglucose has been submitted to the FDA and is pending clearance.
PositiveID Corporation (OTCBB: PSID) develops unique medical devices and molecular diagnostic systems focused primarily on diabetes management, rapid medical testing and airborne bio-threat detection. 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. PositiveID Corporation was formed on November 10, 2009 through the merger of VeriChip Corporation and Steel Vault Corporation.
PositiveID operates in two main divisions: HealthID and SecurityID. The HealthID segment develops unique medical devices, focused primarily on diabetes management, and rapid medical testing applications. Its SecurityID segment develops airborne bio-threat detection systems.
For more information or an interview with PositiveID Corporation (OTCBB: PSID) please email or call for scheduling:
Sr. VP, Investor Relations & Corporate Communications
PositiveID Corporation (OTCBB: PSID.)
Safe Harbor Statement
Statements about PositiveIDâ€™s future expectations, including the likelihood that PositiveID is bringing the future technology of diabetes management to consumers now; the likelihood that the iglucose mobile health system is designed to work with existing popular glucose meters already in the market and will be integrated to work in concert with a major breakthrough product in development and getting closer to coming to market from PositiveID – the companyâ€™s non-invasive breath-based glucose tester called Easy Check; the likelihood that Easy Check will simply allow the user to blow into the device to get glucose readings; the likelihood that these readings could be transmitted with the iglucose system for the desired persons to read and monitor; the likelihood that the breath-based glucose meter is ready for pre-trial testing and is rapidly heading towards FDA submission and entry into the marketplace; and all other statements in this release other than historical facts are â€œforward-looking statementsâ€ within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveIDâ€™s actual results could differ materially from expected results. These risks and uncertainties include PositiveIDâ€™s ability to successfully develop and commercialize its iglucose system and Easy Check device; as well as certain other risks. Additional information about these and other factors that could affect the Companyâ€™s business is set forth in the Companyâ€™s various filings with the Securities and Exchange Commission, including those set forth in the Companyâ€™s 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, and August 15, 2011, under the caption â€œRisk Factors.â€ The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
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