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Tech Takes Center Stage As New Innovation Blazes New Trails

CORAL GABLES, FL / ACCESSWIRE / February 19, 2015 / According to CEIMarket, the technology sector recorded an above average Revenue growth of 14.69 % year over year in Q4, 2014. Furthermore, sequentially revenues for Technology Sector grew by 24.57% with computer hardware, communications equipment, scientific & tech instruments, and computer services shining as sector standouts that are leading this growth. As new industries continue to develop and old markets become rejuvenated by fresh ideas, the technology space has been one to watch heading into the new year.

Earlier this week, SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, announced that it has issued a special update note on Positive ID Corporation (PSID). Of note in the report, SeeThruEquity highlighted several key points including, the February 5, annual outlook for fiscal 2015. We were pleased to see that the company forecast sales to be in a range of $3mn to $6mn for the year, citing a significant backlog of orders. The estimated sales range targeted by PositiveID management fares favorably when compared with our 2015E estimate of $4.2mn. Indeed at the midpoint of the company's guidance, PositiveID would generate sales of $4.5mn, ahead of our estimates. "We see this as a material positive update for PositiveID and continue to see several potential catalysts ahead for the company in 2015."

InterCore, Inc (ICOR) has also begun to gain attention during the new year. Just prior to the close of 2014, the company announced that it that DADS(Driver Alertness Detection System(TM)) is now available for purchase. On February 10, InterCore released press and announced that the company is in the initial stage of a pilot program for the use of the DADS™ with 26 trucking companies in the US and Canada. Furthermore, InterCore expects to begin working with an additional 44 trucking companies during the first quarter of this year. These trucking companies operate more than 200,000 commercial vehicles in North America. The DADS™ technology helps alert operators to their work activity capability based on real-time monitoring of their state of alertness.

And what industry would be complete without a taste of the cannabis sector? FutureWorld, Inc. (FWDG) has been recently operating through its subsidiary, HempTech, focuses on the technology aspects of the commercial grow industry. Recently the Company announced the availability of Mithra I, its first line of Automated Smart LED Lighting System for the commercial grows. In partnership with some of the leading manufacturers and technology developers, the Mithra(TM) LED line of products are designed with solid state relays and controlled by Programmable Logic Controllers (PLC) with the ability to manage the lights from a centralized management system. With the ability to adjust the frequency and intensity of the lights, various grow conditions can be imposed to manage the complete life cycle of the plants. Since manking the announcement, shares of FWDG have jumped 18% from the Feb 10 open price of $0.0059 to highs on Wednesday of $0.007.


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SOURCE: DailyStockReporter.com