SOURCE: PureSpectrum, Inc.

November 01, 2007 07:00 ET

Movement Toward Improvement Sweeping the Lighting Industry

Major Manufacturers, Massive Retailers Supporting the Push for Greener Products and Technologies

SAVANNAH, GA--(Marketwire - November 1, 2007) - Lighting is a little bit like air. Most people just take for granted that it will be there when they need it.

But unlike air, lighting is not free. Every time a switch is flipped, a button is pushed or a dial is turned to provide artificial light, there is a cost to the consumer and to the environment. According to a 2001 study performed by the Energy Information Administration, lighting accounts for nearly nine percent of total electricity consumption in U.S. homes. In non-residential buildings, lighting is responsible for 29 percent of energy usage and almost 40 percent of commercial energy usage can be traced to lighting.

Statistics like these have made the identification of better performing, more energy efficient lighting products a top priority in the U.S. and around the globe. While there are an abundance of small manufacturers in the U.S. producing high performance, high cost Compact Fluorescent Lighting products, there are also a growing number of small technology companies such as PureSpectrum, Inc. (PINKSHEETS: PSPM) working to make energy efficient lighting more accessible to end users by developing technologies which address lighting performance issues while also appealing to the bottom line for major manufacturers in the multibillion dollar lighting market.

Governments all over the world are drafting and passing legislative measures to ban incandescent bulbs, and enormously powerful retailers such as WalMart are supporting the movement for improvement in the lighting industry by pledging to increase sales of energy efficient lighting products. The vast lighting companies which comprise a high percentage of global light bulbs sales are publicly declaring that their products will conform to new energy conservation standards while concurrently searching for the technology that will allow them to meet or exceed energy efficiency mandates and satisfy loyal customers without incurring the crippling cost of building new facilities and retooling established manufacturing processes.

PureSpectrum, a small company headquartered in Savannah, Ga., owns the rights to a family of patents and patent applications related to a circuitry topology that improves the performance of ballast-driven lighting applications. PureSpectrum Technology, which is actively trying to license its proprietary ballast designs for Compact Fluorescent Lamps and linear fluorescent applications, targets performance areas which have been identified as consumer acceptance barriers such as light quality and start time for fluorescent bulbs.

"Heightened awareness of the importance of energy efficiency in lighting has led major manufacturers to push products that meet energy efficiency standards but do not always satisfy other consumer requirements for acceptance," said PureSpectrum president and CEO Lee Vanatta. "What we are doing with our technology is creating a way for manufacturers to maintain energy efficiency levels while also addressing other important characteristics for lighting like start time and bulb longevity."

Please visit www.purespectrumlighting.com or call (912) 961-4980 for more information about PureSpectrum, Inc. or PureSpectrum Technology. For investment information, please contact Equiti-Trend Advisors at (800) 953-3350.

ABOUT PURESPECTRUM

PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company headquartered in Savannah, Ga., which owns the rights to multiple patents and patent applications related to an innovative electronic ballast design. The company's values are grounded in an awareness of the increasing urgency to identify solutions to make lighting perform better. PureSpectrum will continue its commitment to researching, developing and refining ideas that will produce 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.

Contact Information

  • Media Contact:
    Stephen Weeks
    (912) 356-5770