PositiveID (PSID) Announces Teaming Agreement With SAIC-Frederick, Inc. to Pursue Defense Threat Reduction Agency Contracts

DELRAY BEACH, Fla., Nov. 6, 2012 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID") (OTCBB:PSID), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today announced it has signed a Teaming Agreement ("Teaming Agreement") with Science Applications International Corporation ("SAIC") (NYSE:SAI) to pursue the Defense Threat Reduction Agency ("DTRA") Indefinite Delivery/Indefinite Quantity ("IDIQ") Multiple Award Contracts supporting the Weapons of Mass Destruction ("WMD") - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/ Survivability and Infrastructure programs.