SOURCE: PureSpectrum, Inc.

October 15, 2008 07:30 ET

PureSpectrum, Inc. Retains Chinese Law Firm to Support International Protection of Intellectual Property

Lighting Company Preparing for Manufacturing Push and Global Product Launch

SAVANNAH, GA--(Marketwire - October 15, 2008) - PureSpectrum, Inc. (PINKSHEETS: PSPM) has retained Zhong Lun Law Firm in China to bolster the company's international intellectual property arrangements in China as the company continues finalizing a manufacturing contract and prepares for product rollouts in the first quarter of 2009.

Zhong Lun is a top three firm in China with more than 500 attorneys and staff members with offices in Beijing, Shanghai, Shenzhen, Guangzhou and Tokyo. Australasian Legal Business (ALB) recognized the Zhong Lun as the Best-Managed Firm in China for the past two years, and the firm was voted the 2007 Beijing Law Firm of the Year. PureSpectrum will work primarily with the International Business Group at Zhong Lun, a team of approximately 80 attorneys who provide expert legal advice on all aspects of foreign investment and activity in China.

PureSpectrum president and CEO Lee Vanatta said Chinese legal counsel has become necessary during the past two months as the company is negotiating contract manufacturing agreements with Chinese lighting manufacturers to build PureSpectrum products and international interest in PureSpectrum's innovative lighting technologies has escalated. Several of the world's largest lighting manufacturers have manufacturing facilities in China, and Vanatta said PureSpectrum must be prepared to move quickly while also ensuring the utmost protection for the company's ballast circuitry and product designs.

"PureSpectrum has reached the point where we are receiving interest from multiple multinational lighting interests and planning the domestic and international introduction of our own proprietary lighting products," said Vanatta, who will attend the United Arab Emirates Global Investment Forum in Dubai later this month. "The retention of Chinese counsel was imperative to assure full protection of our technologies to allow us to achieve optimum value for our shareholders. We are confident that the accomplished and respected attorneys at Zhong Lun will be a significant benefit as we continue to move forward in our efforts to produce and distribute PureSpectrum's technologies and products."

PureSpectrum has completed production of a full line of dimmable, high Power Factor enabled Compact Fluorescent Lamp prototypes ranging from 14 watts to 23 watts and available in Edison screw-in or pin-based designs. The company's engineering team is working rapidly to complete proprietary prototypes for a full line of dimmable linear fluorescent ballasts and a two-wire lighting control device that is capable of dimming virtually any existing lighting product.

PureSpectrum has established itself as a leader in lighting innovation through the creation of unique electronic ballast circuitry lighting products created through its market driven approach to improving the performance of ballast driven lighting applications. The company recognized needs within the lighting industry associated with the transition to more energy efficient products and specifically addressed the performance areas identified through market research. PureSpectrum's ballast design incorporates true dimming capability and high Power Factor ratings for fluorescent lighting with minimum components and without compromising lamp life or longevity. Throughout the development process, PureSpectrum has supported its development by commissioning thorough independent testing for all of its technologies and products.

Please call (912) 961-4980 for more information about PureSpectrum, Inc. or visit www.purespectrumlighting.com to see a short video featuring PureSpectrum's dimming technology compared to commercially available dimmable CFL bulbs. Please contact Shareholder Development Group at (770) 518-3449 or info@shareholderdg.com for investment information.

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) 961-4980