August 21 - Six month financials for PureSpectrum, Inc. show investment into research and development

August 21st, 2007

SAVANNAH, GA – According to recently released six-month  financials,  PureSpectrum, Inc. (Pink Sheets: PSPM) is carrying very little debt for a young technology company and the company allocated about 25 percent of investments received in 2007 for research and development.   The company filed disclosure information through June 30, 2007 on Monday with the Pink Sheets electronic OTC markets pursuant to rule 15c2-11 of the Securities and Exchange Commission Act of 1934.  PureSpectrum is a technology company headquartered in

Savannah, Ga., which owns the rights to multiple patents and patent applications related to an innovative technology to improve the performance ballast driven lighting applications. During the past year, the company’s engineers have made several modifications to the original technology which diversify the functionality gains offered by the technology. The resulting additions to the company’s patent portfolio have made the technology more attractive to domestic and international potential licensing partners.

 The financials indicate that PureSpectrum’s external debt is less than $150,000 and that the company spent a quarter of the investments it has received on research and development costs. PureSpectrum president and CEO Lee Vanatta said the financial information reflects company’s commitment to serving its shareholders by ensuring a return on investment soon after the company begins generating revenue through licensing partnerships with lighting manufacturers.  “We want our shareholders to be confident that they are our first priority,” Vanatta said. “We have worked diligently to hold down our debt, and we have spent  investment funds deliberately and conservatively. We believe the best place to spend was in engineering to refine our technology to suit the needs of lighting manufacturers so we can continue working toward our goal of identifying a licensing partner in the fourth quarter of this year.”  

Go to www.purespectrumlighting.com or www.pinksheets.com to view PureSpectrum’s full financial documentation through June 30, 2007. Call (912) 961-2980 with inquiries regarding PureSpectrum or PureSpectrum Technology.   END ABOUT PURESPECTRUM PureSpectrum (Pink Sheets: PSPM) is a publicly traded technology company founded and headquartered in

Savannah, Ga. The company’s values are grounded in an awareness of the increasing urgency to identify more efficient energy solutions. PureSpectrum currently holds the rights to multiple patents and patent applications related to an electronic ballast design which would produce a soft switching environment during power conversion for artificial lighting. PureSpectrum will continue its commitment to researching, developing and refining ideas that will provide the most energy efficient, cost effective methods for powering artificial light. For more information on PureSpectrum, please call (912) 961-4980 or visit www.purespectrumlighting.com.

 Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements.  Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements.  Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum’s products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum.