PositiveID CEO to present at LD Micro Invitational

PositiveID Corp. Chairman and CEO William Caragol will be presenting at the LD Micro Invitational on June 1.

His presentation will focus on the company's Microfluidic Bio-agent Autonomous Networked Detector (M-BAND). According to the company, it is able to analyze air samples for a number of different potential biological threats. The results of a scan are uploaded and reported to an online network to give a real-time field condition updates.

The handheld device has shown to be able to give a result within 20 minutes, It uses polymerase chain reactions to determine the agent in a quick manner. Traditional means of detection in a laboratory setting can take several hours up to a few days, depending on the agent.

The announcement states this device to have been successfully tested in the field by the Department of Homeland Security. The device consists of a hand-held instrument with wireless capabilities and single-use cartridges that contain the necessary analytical elements and reagents.

Caragol's presentation will take place June 1 at 2:30 p.m. PT at the Luxe Sunset Boulevard Hotel in Los Angeles, California.

LD Micro is a newsletter development firm that specializes in investor specific information for undervalued companies. It publishes reports on specific companies and is considered a non-registered investment adviser.

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