SOURCE: PureSpectrum, Inc.

June 17, 2008 07:30 ET

PureSpectrum, Inc. Appoints Transfer Online, Inc. as Transfer Agent

SAVANNAH, GA--(Marketwire - June 17, 2008) - PureSpectrum, Inc. (PINKSHEETS: PSPM) has appointed Transfer Online, Inc. to provide transfer agent services for PureSpectrum shareholders effective June 17, 2008.

Transfer Online is a stock transfer agent, financial services provider, and consulting firm that blends expertise in traditional services with an understanding of the importance and convenience of utilizing new technologies. Transfer Online's innovative services are tailored to meet the needs of growing companies by offering flexible solutions to accommodate shareholder needs.

PureSpectrum, an emerging lighting technology solutions provider with multiple proprietary technologies related to fluorescent lighting, identified Transfer Online as the best choice to ensure operational efficiency for its rapidly expanding shareholder base. Shareholders will be provided with a variety of services and information that include online account access, contact information, stock holdings, transfer status, proxy voting and multiple account management.

"This change in transfer agent is in line with the continuation of PureSpectrum's evolution into a revenue generating entity," said PureSpectrum president and CEO Lee Vanatta. "As our shareholder population has become broader and more sophisticated, we understand the need to make more information available as quickly as possible. We believe Transfer Online's unique capabilities improve our ability to effectively and efficiently distribute critical information to our shareholders in a timely fashion while also giving us an avenue to keep the entire investing community abreast of PureSpectrum's activities."

The conversion process requires no action from current shareholders, and all communication related to shareholder transactions will be directed to Transfer Online, Inc. at www.transferonline.com or via telephone at (503) 227-2950. Transfer Online, Inc. may also be reached at 317 SW Alder Street, 2nd Floor, Portland, OR 97204.

Go to www.purespectrumlighting.com or www.pinksheets.com for more information about PureSpectrum or to view PureSpectrum's full financial documentation through December 31, 2007. Call (912) 961-2980 with inquiries regarding PureSpectrum or PureSpectrum Technology.

ABOUT PURESPECTRUM

PureSpectrum (PINKSHEETS: 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.

Contact Information

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