SOURCE: SpectralCast, Inc.

January 29, 2015 13:39 ET

SpectralCast, Inc. Completes Agreement With Talon Safety Systems

SAN DIEGO, CA--(Marketwired - Jan 29, 2015) - SpectralCast, Inc. (OTC PINK: SPEC) is pleased to announce that it has entered into a licensing agreement with Talon Safety Systems. The company has also received Talon's first payment of $200,000.00 as required under that agreement. SpectralCast will be completing the prototype, and beginning alpha testing for, Talon Safety Systems', first of its kind, tri-axial location beaconing system. Talon's product line is expected to be ready for sales in the second quarter of 2015.

Talon's products will incorporate SpectralCast's proprietary beacon technology. This technology allows for an independent and secure network protocol to be established in the field. The beacon will have the unique ability to triangulate direction, range and azimuth from a single base unit and will have better range, and a much higher degree of accuracy, than previously available methods.

"We are very pleased to be able to make this revolutionary new system available to fire departments and other first responders. Command centers will now have access to unprecedented real time intelligence as to the precise location of vehicles, assets, and personnel. It's going to make a tremendous difference in the field when stakes are high and lives are potentially on the line," said Talon CEO and Fresno City Fire Captain, Dan O'Meara. Talon has received a significant amount of interest in their products from fire departments around the country. The company expects to see strong revenues beginning in the second quarter of 2015.

SpectralCast will continue to update shareholders through regular announcements. Please visit us at www.spectralcast.com to learn more about SpectralCast's product lines, management team, corporate partnerships, and for the latest company related news.

About SpectralCast, Inc. - SpectralCast, Inc. is a designer, manufacturer, and licensor of specialty electronics. The company has created a revolutionary new line of consumer electronic products that interact with each other to form a terrestrial encrypted network -- we call it Overnet™. Overnet creates an individually controlled content environment with access to all forms of media obtained through one location source. SpectralCast has patented solutions for creating a public/private terrestrial network. These products will change the way we interact with each other and our environments. For more information on SpectralCast, Inc. please visit the company website at http://www.spectralcast.com or on social media at https://www.linkedin.com/company/3598064?trk=prof-exp-company-name, and https://www.facebook.com/pages/Spectralcast/435142883258523?ref=br_tf

About Talon - Talon Safety Systems is a California corporation founded by Dan O'Meara, Captain of Fresno City Fire Department. Talon's focus is on creating next generation safety technology for use by first responders. The company has licensed SpectralCast's Finder Technology and adapted it for use in tracking firefighters, and other first responders, in the field. Talon expects its products to be available for sale in the second quarter of 2015.

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.

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