DELRAY BEACH, Fla., Dec. 19, 2011 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID" or "Company") (OTCBB:PSID), a developer of medical technologies for diabetes management and molecular diagnostic systems, announced today it has entered into a non-binding Letter of Intent to sell non-core assets including the Company's VeriChip and Health Link businesses. This asset sale completes the Company's restructuring efforts, including its new management team, allowing it to focus on its core strategies of diabetes management and rapid biological detection.
