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[Mr. TOP SECRET]

Tradin Markets

Feb 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) --

PositiveID Corporation (formerly Verichip Corporation), a provider of identification technologies and tools, has acquired intellectual property rights and assets of Easy Check Medical Diagnostics, LLC, a diabetes management company. Both the companies are based in the US.

Deal Type    Acquisition

Sub-Category Asset Purchase

Deal Status  Completed: 2010-02-17


Deal Participants

Target (Company)   Easy Check Medical Diagnostics, LLC - Intellectual Property Rights and Assets

Acquirer (Company) PositiveID Corporation (formerly Verichip Corporation)

Vendor (Company)   Easy Check Medical Diagnostics, LLC


Deal Rationale

The acquisition will expand PositiveID's portfolio of non-invasive glucose-level testing products and diabetes management tools under development. It will also provide complementary, non-invasive testing products and wireless communication tools that can position PositiveID as a global player in diabetes management.

For full details on (MDGX) MDGX. (MDGX) has Short Term PowerRatings at TradingMarkets. Details on (MDGX) Short Term PowerRatings is available at This Link.

For full details on (PSID) PSID. (PSID) has Short Term PowerRatings at TradingMarkets. Details on (PSID) Short Term PowerRatings is available at This Link.

http://www.tradingmarkets.com/news/stock-alert/mdgx_psid_positiveid-acquires-intellectual-property-rights-and-assets-of-easy-check-medical-diagnostics-783570.html

[Day_Tripper]

Sorry Toppy, missed this one.

All I can say (well, not really ) I heard about this and, I am outside that.

Oh man...I so wanted to say more, but I started out the way I did...