PositiveID
Nov 30, 2009
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PositiveID Corporation Enters Into Strategic Alliance with Innovations Avocare, LLC, Serving Florida's Regional Health Information Organizations and Over One Million Patients

Alliance to foster interoperability between PositiveID's Health Link and medical facilities' electronic medical records

DELRAY BEACH, FL – November 30, 2009 – PositiveID Corporation ("PositiveID" or the "Company") (NASDAQ: PSID) announced today that it has entered into a strategic alliance with Innovations Avocare, LLC ("Avocare"), to develop, implement, distribute and use PositiveID's Health Link personal health record ("Health Link") within the medical facilities, physician networks and related healthcare providers participating in the State of Florida regional health information organizations ("RHIO"). PositiveID and Avocare will also work together to advance the interoperability of Health Link with the Electronic Medical Record systems utilized in the RHIOs throughout the State of Florida, thereby integrating Health Link with medical facilities and healthcare providers serving over one million patients.

Avocare connects healthcare within a community through the Regional Health Information Networks ("RHIN"), a hardware and software system that brings medical information together through a secure Physicians Portal website. The mission of the Physicians Portal is to offer a more efficient, private and secure replacement to paper, fax and phone communications between health care providers. Avocare offers its products and services to various RHIOs within the State of Florida including, but not limited to, Big Bend Regional Healthcare Information Organization, North East Florida Regional Health Organization, Inc., Tampa Bay Regional Health Information Organization, Sun Coast Regional Health Information Organization and the Health Network of the Palm Beaches.

Scott R. Silverman, PositiveID's Chairman and CEO, said, "We believe that working closely with Avocare will further our goal of providing a personal health record that is interoperable with all electronic medical records systems. Avocare currently works with numerous medical facilities and RHIOs, which we believe will enable us to utilize their expertise and receive greater access to patients throughout the State of Florida."




 

About Innovations Avocare, LLC
Innovations Avocare, LLC is a technology company that has developed the components necessary for the creation and implementation of a RHIN and Health Information Exchange ("HIE"). The RHIN and HIE facilitate an integrated health care system, coordinating care between hospitals, providers, the health department, community health centers, free clinics, independent providers, and other community services.

 

About PositiveID Corporation
PositiveID Corporation provides unique health and security identification tools to protect consumers and businesses. 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 likelihood that the alliance with Avocare will further the Company's goal of providing a personal health record that is interoperable with all electronic medical records systems, the likelihood that the alliance with Avocare will enable the Company to utilize Avocare’s expertise and receive greater access to patients throughout the State of Florida, 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 Company’s ability to successfully develop and commercialize the Health Link, the market acceptance of the Health Link, the validity, scope and enforceability of the Company’s patents and those related to the Health Link, the protection afforded by the Company’s patents and those related to the Health Link, government regulations relating to the Health Link, the Company’s ability to fund the continued development of the Health Link, the timing and success of submission, acceptance and approval of required regulatory filings; 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.

 

About PositiveID
Contact:
Allison Tomek
561-805-8000


atomek@positiveidcorp.com