DELRAY BEACH, Fla., Jan. 6, 2015 (GLOBE NEWSWIRE) — PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a developer of biological detection and diagnostics solutions, announced today that Chairman and CEO William J. Caragol released a letter to stockholders.
Dear Fellow Stockholders:
I am extremely proud of what the PositiveID team accomplished during 2014, including the Company’s first revenue generation since launching our business plan in 2011. I am eager to kick off 2015 so that we can continue to build upon our many successes achieved over the past year. I would also like to thank you, our stockholders, for your support and faith in our team and our products. For those of you who have been with us over the years, I believe there continue to be many significant opportunities ahead and ensure to you that we are ready to capitalize on these opportunities to deliver value for our stockholders.
As you may recall, we achieved several key milestones and forged noteworthy relationships in 2014 with world-class partners, both government and commercial. In November, we also entered into a $4 million financing that, we believe, will help us to bring our Firefly Dx technology to field testing and commercialization.
I have summarized below the status of our two main products and highlighted what we expect to achieve in 2015.