Wednesday, February 9, 2011

Security Stocks; M3 Technology Teams with TransTech and Evolis to Supply Revolutionary Cash Access Kiosks

FORT LAUDERDALE, Fla. - February 9, 2011 (Investorideas.com Defense Newswire) - On February 9, 2011, Visualant, Inc. (OTCBB: VSUL), an emerging leader in authentication systems technology, announced today its wholly owned subsidiary, TransTech Systems, Inc. of Aurora, OR, and M3 Technology, a leading provider of gaming information technology and casino management systems, introduced M3T Cash Access Kiosk, a unique solution that will help casinos offer their customers quick and easy access to cash.
About a year ago, M3T revolutionized the casino industry by introducing the first real-time cash management system, the M3T Vault. As part of the M3T Vault offering, M3T is now introducing another ground-breaking innovation, the M3T Cash Access Kiosk.
This innovative, one-stop solution has been designed to provide casinos' customers with quick and easy access to cash thanks to a wide array of options such as ATM, credit card, check cashing, bill breaking, and ticket redemption.
The M3T Cash Access Kiosk will also allow customers to enroll in the casino player's club. M3T has integrated into their kiosk an ID card printer to issue instantly personalized casino player's club cards. This printing module may also be used to issue gift or promotional cards.
"The Evolis plastic card printers came highly recommended by companies that have significant experience with this technology," said Dylan Waddle, COO of M3 Technology. "We have achieved success in all the initial tests with the printers and working with Evolis' North American Distribution partner TransTech Systems is proving just as successful."
In order to choose the right card printer, M3T has partnered with TransTech Systems, Inc., an established leader in the ID badging and access control industry.
"We have provided plastic card printing technology for Casinos for years, but never have we been positioned to recommend a partner with a complete system like M3 Technology provides," says Jeff Kruse, General Manager of TransTech Systems. "We look forward to the additional market penetration we can achieve together."
TransTech Systems recommended the Dualys Kiosk card printer, manufactured by Evolis, a global leader in solutions for plastic card personalization.
"Evolis has built its success on innovative and reliable solutions that have changed the ID card printing industry," says Gerardo Talavera, Managing Director at Evolis Inc. "We are happy and honored to be part of this innovative solution that will allow casinos to implement powerful, cost-effective kiosk systems."
The Dualys Kiosk card printer offers dual-sided, edge-to-edge printing capabilities, along with the latest encoding options � Magnetic, Smart Contact or Contactless RFID. The Dualys Kiosk card printer is the only solution on the market that can be entirely customized to the customer's requirements.
"TransTech Systems' unique expertise in the ID industry combined with M3T's pioneering technology and know-how in casino resort management systems will without any doubt meet all the expectations of casinos all over the country," says Gerardo Talavera.
For more information, please call TransTech Systems at 1-888-843-3643 or visit www.ttsys.com.
About Evolis (www.evolis.com):
EVOLIS designs, manufactures and markets a complete range of solutions for personalization of plastic cards. These printers seamlessly integrate all the options necessary for incorporating graphic, magnetic and electronic personalization (smart cards, with contact and contactless RFID technology) of all types of cards (payment card, transit passes, loyalty cards, etc.). Based in France, with subsidiaries in Miami (USA) and Singapore, and representative offices in Tokyo (Japan) and Shenzhen (China), Evolis is represented in more than 100 countries in the world via a network of importers, distributors and technology integrators.
About TransTech Systems (www.ttsys.com):
TransTech Systems, Inc., a subsidiary of Visualant, Inc. (OTCBB:VSUL.OB), is in the business of providing industry-leading identification solutions. The ability to research, recognize, and implement changing technologies has made TransTech Systems an established leader in the ID-Badging and access control fields. By building and maintaining partnerships with customers and suppliers based on the support of the best people, the best practice services, and industry-leading products, TransTech Systems will continue to be a leader in value-added security products distribution well into the future.
About Visualant, Inc. (www.visualant.net)
Visualant, Inc. (OTCBB: VSUL.OB) is an emerging leader in security and authentication systems technology. Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
About M3t (www.m3ts.com)
M3 Technology Solutions develops gaming information technology and casino management software systems. The company's roots helped pioneer slot networking two decades ago in Atlantic City. In addition to the market's first real-time cash management system, other M3t innovations include hybrid SAS-S2S ticket server technology, integrated slot and table accounting, data mining, marketing campaign management and integrated financial services. M3t is expanding world-wide through strategic partnerships.
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
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Tuesday, February 1, 2011

Security Stocks; Visualant Subsidiary TransTech Announces $1.2 Million Contract

Seattle, WA - February 1, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), an emerging leader in authentication systems technology, announced today its wholly owned subsidiary, TransTech Systems, Inc. of Aurora, OR was awarded a contract in the amount of $1.2 Million.
The contract from one of the 38 NASA SEWP (Solutions for Enterprise-Wide Procurement) GWAC (Government-Wide Acquisition Contract) designated prime contractors is an extension of a contract first awarded to TransTech two years ago and is testimony to the satisfaction both with TransTech�s performance and the quality of the printers provided under this initial contract. These high end printers provide the digital high security identification cards required by a 2004 Presidential directive.
Jim Gingo, TransTech President said, "We are pleased to be selected for this continuation contract. We work hard to maintain quality relationships and strive for excellence with both our vendors and our customers."
About Visualant, Inc.
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this press release reflect the good faith judgment of our management and are based on facts and factors currently known to us. Forward-looking statements are subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements as a result of either the matters set forth or incorporated in this press release generally or certain economic and business factors, some of which may be unknown to and/or beyond the control of Visualant, Inc.. Specifically, we are exposed to various risks related to our revenue projections, our need for additional financing to support our technology development, acquiring or investing in new businesses and ongoing operations, the sale of a significant number of our shares of common stock could depress the price of our common stock, the market price of our common stock may be volatile, and we may incur losses in the future. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake, and we expressly disclaim, any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclaimer: Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs. Starting Nov 24th, 3 months (4000 per month by third party)

Thursday, January 27, 2011

Security Stocks; Visualant (OTCBB:VSUL) to Acquire Eagle Technologies USA

Seattle, WA - January 27, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), an emerging leader in authentication systems technology, announced today that is has signed a letter of intent to Eagle Technologies USA (www.eagletechnologiesusa.com) of Brea, California.
Eagle, founded by card industry leaders Greg and Ryan Hawkins and Jeff Fulmer in 2008 has rapidly emerged as the premier provider of blank PVC and polyester composite cards to the identification market. Eagle will provide an immediate additional $1 million in annual revenue to Visualant and is projected to grow to $3 to $4 million in revenues over the next two years as Eagle increases the range and technical sophistication of its product line.
With this acquisition, Visualant will continue with its strategic initiative to consolidate relevant security and authentication assets. At the same time, Visualant will provide Eagle and its management the human and capital resources necessary to rapidly accelerate its growth. Upon the closing of this acquisition, the Eagle team will continue to manage Eagle with full profit and loss responsibility.
Greg Hawkins, Eagle Co-founder and President said, "We are excited to become a part of the Visualant family of companies and work with them to accelerate our penetration of the marketplace with the Eagle product line."
Jim Gingo, security industry leader and Visualant board member stated, "We have worked with Eagle and its management team for several years. They are first class professionals. We are very pleased to have them join with us as we provide an even broader range of security and authentication products to our dealers and customers."
Ron Erickson, Visualant CEO said, "We are thrilled to be able to bring Eagle and its wonderful entrepreneurs into Visualant. With this acquisition, Visualant continues to execute on its acquisition strategy and build its power in the security and authentication marketplace."
About Visualant, Inc.
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this press release reflect the good faith judgment of our management and are based on facts and factors currently known to us. Forward-looking statements are subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements as a result of either the matters set forth or incorporated in this press release generally or certain economic and business factors, some of which may be unknown to and/or beyond the control of Visualant, Inc.. Specifically, we are exposed to various risks related to our revenue projections, our need for additional financing to support our technology development, acquiring or investing in new businesses and ongoing operations, the sale of a significant number of our shares of common stock could depress the price of our common stock, the market price of our common stock may be volatile, and we may incur losses in the future. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake, and we expressly disclaim, any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclaimer: Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs. Starting Nov 24th, 3 months (4000 per month by third party)

Wednesday, January 26, 2011

Security Stocks; TransTech Systems, a Subsidiary of Visualant (OTCBB:VSUL), to Exhibit at Macworld 2011 Conference & Expo in San Francisco, CA

Seattle, WA - January 26, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading color based identification and diagnostic solutions, an emerging leader in security and authentication systems technology and distributor of a wide variety of security solutions through its wholly-owned subsidiary, TransTech Systems, Inc., is pleased to announce that TransTech Systems will be exhibiting at the Macworld 2011 Conference and Expo from January 27-29, 2011 at the Moscone Center in San Francisco, CA.
Macworld, an IDG World Expo Event, is the largest affair to focus solely on the promotion of Apple products. In addition to the exposition, Macworld also offers focused conference programs to include workshops for in depth training, MacIT classes for technical training, and user sessions for skill enhancement opportunities. This year's Macworld has over 30,000 attendees registered for the expo. MacWorld for further details.
TransTech Systems (www.ttsys.com) will be exhibiting the latest in Mac-compatible identification card printing and encoding systems from Evolis. As a leading manufacturer of Mac-compatible identification printers, Evolis is a favorite among education and other Mac-friendly environments around the world. See these and other popular security industry products on display in TransTech's booth #1035.
About Visualant, Inc.
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this press release reflect the good faith judgment of our management and are based on facts and factors currently known to us. Forward-looking statements are subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements as a result of either the matters set forth or incorporated in this press release generally or certain economic and business factors, some of which may be unknown to and/or beyond the control of Visualant, Inc.. Specifically, we are exposed to various risks related to our revenue projections, our need for additional financing to support our technology development, acquiring or investing in new businesses and ongoing operations, the sale of a significant number of our shares of common stock could depress the price of our common stock, the market price of our common stock may be volatile, and we may incur losses in the future. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake, and we expressly disclaim, any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclaimer: Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs. Starting Nov 24th, 3 months (4000 per month by third party)

Monday, January 24, 2011

Security Stocks; Visualant (OTCBB:VSUL) Announces NBT Equity Group Research Report by Tobin Smith

Seattle, WA - January 24, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading color based identification and diagnostic solutions, an emerging leader in security and authentication systems technology and distributor of a wide variety of security solutions through its wholly-owned subsidiary, TransTech Systems, Inc., announced today that NBT Equity Research LLC has released a research report on the Company. The full research report can be accessed through the Visualant website at www.visualant.net.
NBT Equity Research LLC is a member of the NBT Equity Group LLC. They were founded by well known research analyst Tobin Smith. Tobin Smith is a contributing market analyst for Fox News Channel and a regular panelist on its highly rated "Bulls & Bears" weekly investment program.
About Visualant, Inc.
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this press release reflect the good faith judgment of our management and are based on facts and factors currently known to us. Forward-looking statements are subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements as a result of either the matters set forth or incorporated in this press release generally or certain economic and business factors, some of which may be unknown to and/or beyond the control of Visualant, Inc.. Specifically, we are exposed to various risks related to our revenue projections, our need for additional financing to support our technology development, acquiring or investing in new businesses and ongoing operations, the sale of a significant number of our shares of common stock could depress the price of our common stock, the market price of our common stock may be volatile, and we may incur losses in the future. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake, and we expressly disclaim, any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclaimer: Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs. Starting Nov 24th, 3 months (4000 per month by third party)

Monday, January 10, 2011

Q&A Interview with CEO of Visualant Inc. (OTCBB: VSUL) Applications and Licensing Opportunities for Authentication Technology

Seattle, WA - January 10, 2011 - Investorideas.com, an investor research portal specializing in sector research, presents a Q&A interview featuring Mr. Ronald Erickson, CEO, President and Chairman of the Board of Visualant, Inc. (OTCBB:VSUL). Mr. Erickson discusses the bigger picture and the broad range of applications and licensing opportunities for its authentication /signature technology.
Interview:
Q: Investorideas.com
Ron, first of all can you explain to investors the basis of your patent pending technology so they can begin to understand the possibility of expanding into new industry sectors?
A: Ronald Erickson, CEO, President and Chairman of the Board
Q: Investorideas.com
The primary focus for your technology is security and defense but other key sectors include environmental, agricultural and medical. Can you give us some examples of how that can be implemented and also what are the prospects for each of these sectors? There is a lot of buzz around the agricultural sector for example – do you see that as a big opportunity for the company?
A: Ronald Erickson, CEO, President and Chairman of the Board
You and I make many judgments based upon our human perception of color. We go into our garden and say, “That plant looks ready to eat, that plant looks like it needs water, or that plant looks sick.” In essence, our SPM technology can do that same thing, remotely. We are looking at a number of unique applications in the agricultural arena.
Q: Investorideas.com
You just announced this week that the Company has entered into a license agreement with Seattle-based Javelin LLC ("Javelin") for development of environmental diagnostic applications of its Spectral Pattern Matching ("SPM") technology. Can you give investors more detail as to what this lays the foundation for?
A: Ronald Erickson, CEO, President and Chairman of the Board
In many ways, the license with Javelin, for environmental applications of SPM, is a template for use with many other licenses we hope to secure. We want third parties to explore ways of exploiting SPM technology. The more smart people we have working on deploying our technology the greater the opportunity for Visualant to be the success we believe it can be. A typical license will include a market rate royalty on gross revenues, along with certain negotiated equity and participatory interests for Visualant in the company who licenses our technology.
Q: Investorideas.com
In the overall business model, how do you see the roll out of licensing over the next two to five years?
A: Ronald Erickson, CEO, President and Chairman of the Board
To use the vernacular, licensing could become the tail that wags the dog In other words, licensing revenues are typically high margin, and it will have a more dramatic impact upon our bottom line than lower margin business units.
Q: Investorideas.com
In closing, what is in the pipeline that you can discuss publicly within your primary sector, security and defense?
A: Ronald Erickson, CEO, President and Chairman of the Board
I like to call our primary sector or focus, security and authentication. As we have indicated previously, we are looking at additional acquisition opportunities to expand upon the approximately $10 million of annual revenues we obtained with our TransTech security and authentication distribution acquisition. These include both smaller “tuck in” deals to expand TransTech and larger deals to expand TransTech geographic reach. We are also looking at some early SPM product opportunities in this sector.
About Visualant, Inc. (OTCBB: VSUL)
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner. www.visulant.net
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States. www.ttsys.com
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visit the company profile on Investorideas.com
http://www.investorideas.com/CO/VSUL/
Disclaimer:
This news is paid for as part of the showcase advertising program for Visualant, Inc. (OTCBB: VSUL) Visualant is a featured showcase company on Investorideas.com and related security portals and blogs. The cost for this service is Four Thousand Dollars per month which has been paid by a third party. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information on showcase companies is taken from public documents, news, filings and the company website and management. This site is currently compensated by featured companies, news submissions and online advertising. Investors are reminded all investment involves risk including possible loss of principal.
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Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclaimer: Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs. Starting Nov 24th, 3 months (4000 per month by third party)

Wednesday, January 5, 2011

Security Stocks; Visualant (OTCBB:VSUL) Announces First License of Spectral Pattern Matching Technology; Environmental Applications Subject of License with Javelin LLC

Seattle, WA - January 5, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading color based identification and diagnostic solutions, is pleased to announce it has entered into a license agreement with Seattle-based Javelin LLC ("Javelin") for development of environmental diagnostic applications of its Spectral Pattern Matching ("SPM") technology.
Visualant's primary focus with its SPM technology and its TransTech Systems, Inc. subsidiary is the multi-billion dollar security and authentication marketplace. SPM technology has broad applicability to a number of fields of use outside the security and authentication marketplace including medical, agricultural and environmental diagnostics. Today's announcement is the first license agreement for the SPM technology. It marks a significant milestone in the Company's growth. The first public demonstration of the Company's SPM technology occurred in October of 2010. This license is what the Company hopes will be the first of many such agreements. The license, which is exclusive for environmental applications, provides for certain minimum payments and market-rate royalties.
The Visualant SPM technology, with its ability to map color at the photon level both within the humanly visible spectrum as well as in the near infra-red and near ultra-violet, can be used as a diagnostic tool for a host of environmental applications. These include determining the presence of foreign substances such as oil in water and determining water quality among many others.
Javelin LLC Co-founder, Peter Purdy, stated, "I have worked in the optical solutions field for over twenty years. With the Visualant SPM technology we can differentiate our product for testing at the molecular level due to its very low cost. It is a transformative technology with a broad array of potential applications." Matthew Creedican, Javelin Co-founder, agrees and mentioned, "We have been aggressive in pursuing Visualant's technologies for our testing applications and the extreme competitive advantage SPM brings in size, cost and durability. We are excited about a number of the current environmental applications we currently are working with as well as future iterations of the technology."
About the Javelin license agreement Visualant CEO Ron Erickson said, "While we remain focused on our work in the security and authentication marketplace, we have been resolute in our belief the Visualant SPM technology has extensive applications in many fields of use. We look forward to working with Javelin to solve some big problems in environment diagnostics. Over time, we expect to secure additional licensing opportunities for the SPM technology in medical, agricultural diagnostics and in other fields of use."
About Visualant, Inc.
Visualant, Inc. develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
About Javelin LLC
Javelin LLC is a developer of industry-leading technology solutions. Principals of Javelin LLC have invented and commercialized numerous new technologies involving augmented reality, Doppler speed sensors and head mounted display systems for consumer, industrial and military application. Contact Javelin today for further information on its technology solutions, by visiting www.info@Javelinenvironmental.com or calling 1-813-468-9857 East coast or 206-660-4228 West coast.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this press release reflect the good faith judgment of our management and are based on facts and factors currently known to us. Forward-looking statements are subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements as a result of either the matters set forth or incorporated in this press release generally or certain economic and business factors, some of which may be unknown to and/or beyond the control of Visualant, Inc.. Specifically, we are exposed to various risks related to our revenue projections, our need for additional financing to support our technology development, acquiring or investing in new businesses and ongoing operations, the sale of a significant number of our shares of common stock could depress the price of our common stock, the market price of our common stock may be volatile, and we may incur losses in the future. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We do not undertake, and we expressly disclaim, any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclaimer: Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs. Starting Nov 24th, 3 months (4000 per month by third party)