August 29, 2007 - PureSpectrum, Inc. finalizes contract with sales representative in India
August 29th, 2007SAVANNAH, GA – PureSpectrum, Inc. (Pink Sheets: PSPM) has contracted with international lighting veteran Ishwar Jain to represent PureSpectrum Technology in
PureSpectrum owns the rights to a family of patents and patent applications related to a ballast technology which could improve the performance of ballast-driven lighting applications. During the past year, the company has successfully evaluated its proprietary circuitry in independent testing performed on linear fluorescent and Compact Fluorescent Lamp (CFL) applications. Jain, who has worked with CFL ballast technology since 1991, will represent PureSpectrum Technology’s CFL and linear fluorescent technology lines in
“This is an important step for PureSpectrum as we move to broaden the exposure for PureSpectrum Technology,” said PureSpectrum Vice President of Sales Garth Kullman. “We are confident that Mr. Jain has the experience and network of contacts to successfully represent this technology in
Jain worked at one time with Swiss inventor Daniel Mussli, who patented a CFL design used for Sylvania’s first CFL bulb, and in 1993 he managed a transaction which resulted in the sale of ballast patents to Motorola Lighting. His goal is to marry the most innovative, effective technologies together in order to produce a cost effective CFL bulb which optimizes energy efficiency and performance. “The association with me and Surya Roshni for PureSpectrum Technology could accelerate the technology transfer process globally and bring about a definitive change in CFL ballast technology,” said Jain, who also owns a patent in the
END ABOUT PURESPECTRUM PureSpectrum (Pink Sheets: PSPM) is a publicly traded technology company founded and headquartered in
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.