PositiveID Up Big on Partnership News Print E-mail
By Staff and Wire Reports   
Wednesday, 24 February 2010 09:07

More good news for a company we alerted our subscribers to when it was trading at $1.07 just a few days ago. 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 stock is up over 50% on the news this morning.

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.

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