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PositiveID Corp. (PSID) Enters Into Partnership to Launch Next Generation of its Health Link Personal Health Record

Feb. 24, 2010 (Business Wire) — PositiveID Corporation (“PositiveID” or the “Company”) (NASDAQ:PSID) announced today that it has entered into a partnership with FIS (NYSE:FIS), one of the world’s largest providers of banking and payments technology, to launch the Company’s next generation Health Link personal health record (“Health Link”). The new Health Link, which is now live, will be interoperable with Microsoft HealthVault and Google Health, as well as numerous electronic medical records systems in use throughout the country.

To launch the next generation of Health Link, PositiveID partnered with FIS and their HealthManager product to build a robust, interoperable personal health record to offer patients the best of breed for storing and accessing their vital data. Health Link connects patients to a multitude of customized material such as personalized health education and online connectivity to caregivers. Through reminders and alerts that can be tailored to suit an individual’s unique circumstances, members are reminded of important actions and receive suggestions to better manage their health. This includes everything from refilling prescriptions on time, appointment reminders, drug interaction warnings, and tips for preventative actions.

Scott R. Silverman, Chairman and CEO of PositiveID, said, “The next generation of our Health Link personal health record will put consumers in charge of their health information, enabling them to manage all of their health data from one centralized, interoperable location. Health Link’s partnership with FIS will give patients the ability to connect to their healthcare providers, pharmacies, caretakers, and even their medical devices.”

About FIS

FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor’s (S&P) 500® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see www.fisglobal.com.

About PositiveID Corporation

PositiveID Corporation develops and markets healthcare and information management products through its RFID-based diagnostic devices and identification technologies, and its proprietary disease management tools. PositiveID operates in two main divisions: HealthID and ID Security. For more information on PositiveID, please visit www.PositiveIDCorp.com.

Statements about PositiveID’s future expectations, including the ability of Health Link to be interoperable with Microsoft Health Vault and Google Health and numerous electronic medical records systems in use throughout the country, the capabilities of Health Link, the ability of Health Link to put consumers in charge of their health information, enabling them to manage all of their health data from one centralized, interoperable location, the ability of the Company’s partnership with FIS to give patients the ability to connect to their healthcare providers, pharmacies, caretakers and medical devices, and all other statements in this press release other than historical facts are “forward-looking statements” 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 PositiveID’s actual results could differ materially from expected results. These risks and uncertainties include the capabilities of Health Link and Health Link’s interoperability; as well as certain other risks. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s various filings with the Securities and Exchange Commission, including those set forth in the Company’s 10-K filed on February 12, 2009, under the caption “Risk Factors.” 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.

Wednesday, February 24th, 2010 Uncategorized