May 14th, 2007
NEW YORK, NY - PureSpectrum, Inc. (Pink Sheets: PSPM) concluded meetings on Wednesday with four of the world’s leading manufacturers of lighting products. Private meetings between representatives from PureSpectrum and representatives from OSRAM/Sylvania, Philips, Westinghouse Lighting Solutions and Advance Transformer Company took place on Tuesday and Wednesday during LightFair International in
New York.
PureSpectrum, a technology company based in
Savannah,
Ga., owns the rights to multiple patents and patent applications related to PureSpectrum Technology, a proprietary electronic ballast design which improves performance in fluorescent and HID lighting applications. Recent independent test results demonstrated that PureSpectrum Technology is not only compatible with CFL bulbs from Philips,
Sylvania and GE but also enables those bulbs to achieve measurable gains in Color Rendering Index and run-up delay.
PureSpectrum does not plan to be a manufacturing entity, and the meetings in
New York were introductory discussions designed to determine the viability of business relationships between the manufacturers and PureSpectrum. PureSpectrum president and CEO Lee Vanatta, who attended each meeting along with other members of PureSpectrum’s executive staff, also hoped the face-to- face conversations would stimulate further dialogue concerning the marketable application of PureSpectrum Technology. “I’m extremely pleased with the meetings, because in all instances we were met with sincere interest in the technology and received positive feedback,” Vanatta said. “I believe these meetings have laid the groundwork for some excellent interaction between PureSpectrum and the biggest manufacturers of lighting products in the world. We are expecting further progress to be made in the direction of establishing a relationship with a manufacturer within the next 60 days.” 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.
