PositiveID Receives Microchip Implant Order for Israeli Military

About a month after Yitzhak Rabin's appointment, PositiveID announced it had received an order from a partner in Israel for the supply of VeriChip electronic chips that are used for patient identification in emergency situations. This partner, said the company statement, intends to supply the chips to the IDF. Yuval Rabin declined to be interviewed or to comment on his business dealings. [Source]

PositiveID Corporation Receives VeriChip Order for Use With Israeli Military

October 13, 2011

Marketwatch - PositiveID Corporation (“PositiveID” or “Company”), a developer of medical technologies for diabetes management, clinical diagnostics and bio-threat detection, announced today that it has received an order for its VeriChip(TM) microchip to be used for disaster preparedness and emergency management in Israel by an integration partner.

The VeriChip radio frequency identification (RFID) microchip was cleared by the U.S. Food and Drug Administration in 2004 for patient identification. The VeriChip can also be used to assist in the management of emergency situations and disaster recovery in conjunction with a customized camera capable of receiving both RFID scanned data and GPS data wirelessly, and a Web-enabled database for gathering and storing information and images captured during emergency response operations.

The Company’s integration partner intends to provide the microchips to the Israel Defense Forces (IDF), the State of Israel’s military force.

Marc Poulshock, PositiveID’s Vice President of Business Development, said,

“We believe there are many important applications for the VeriChip and our associated intellectual property including next-generation identification and bio-sensing capabilities. Our partner is looking to help healthcare organizations, militaries including the IDF, and governments with their disaster preparedness and emergency response needs.”