PSPM CEO Lee Vanatta to Present at Conference November 4
Published Nov 3rd, 2009
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PureSpectrum, Inc. President and CEO Lee Vanatta to Present at Conference Sponsored by the New York Society of Security Analysts
Vanatta will be a presenter at conference titled “The Future of Energy Investing: Exploration, Production and Clean Technology Conference”
SAVANNAH, Ga., Nov 03, 2009 (BUSINESS WIRE) — PureSpectrum, Inc. (Pink Sheets: PSPM) president and CEO Lee Vanatta will be a presenter at the Future of Energy Investing: Exploration, Production and Clean Technology Conference sponsored and hosted by the New York Society of Security Analysts (NYSSA) on November 4.
PureSpectrum is an emerging company in the energy efficient lighting sector, and Vanatta will discuss the potential long-term and short-term impact the company could have on the global lighting market through its approach to identifying, developing, branding and marketing energy efficient lighting products. The company’s market research found that lack of dimming capability was a primary consumer complaint about Compact Fluorescent Lamp (CFL) bulbs, and in 2009 PureSpectrum launched a 20-watt dimmable Compact Fluorescent Lamp (CFL) that outperforms other brand name dimmable CFLs.
During the NYSSA conference, Vanatta will address how the company will continue to apply a market driven development strategy to direct product development as well as identify opportunities within the market for high performance energy, cost effective energy efficient lighting.
“The global lighting market is enormous and is experiencing an important period of transition as the incandescent bulb and its inadequate performance standard is legislated out of existence and consumers search for trustworthy energy efficient lighting alternatives,” Vanatta said. “Our company is dedicated to promoting the use of high quality, energy efficient lighting products by bringing to market products and technologies which specifically address consumer needs and complaints. Our goal is to continue putting the consumer’s needs first as we develop and discover new products and technologies that can benefit the global quest for energy efficiency.”
In the United States, PureSpectrum has begun its sales efforts for its initial product offering by developing relationships with the utilities industry through direct marketing and through distributors that service power providers. Virtually all utility companies in the country have initiated programs that promote CFL bulbs by putting the bulbs into the hands and sockets of the customers. As a result, utility companies are primary purchasers of CFL bulbs and are searching for high quality bulbs which will satisfy their customers and increase the usage of the bulbs.
PureSpectrum is striving to become a leading provider of dimmable CFLs to utility companies demanding dependable dimmable energy efficient lighting products in response to feedback from consumers. Approximately 20 percent of the 5.5 billion sockets in the United States are attached to a dimmer, which makes identifying a replacement for easily dimmed incandescent bulbs with reliable dimmable energy efficient lighting a top priority for consumers and retailers during the next few years.
In 2010, the company plans to add to its product line by launching additional CFL products as well as products which address the needs of the commercial and industrial sectors of the lighting markets. Specifically, the company is working to develop technology and products to enhance linear fluorescent lighting, the largest segment of the commercial and industrial lighting market.
Call (912) 961-4980 for more information about PureSpectrum or visit www.purespectrumlighting.com to watch a video demonstrating the performance of PureSpectrum’s 20-watt dimmable CFL compared to a brand name dimmable CFL.
ABOUT PURESPECTRUM
PureSpectrum, Inc. is a technology-driven lighting company headquartered in Savannah, Ga., that is striving to develop performance based technology solutions for energy efficient lighting in multiple categories. The company’s mission is grounded in the quest to preserve natural resources and a belief that energy efficient lighting will be embraced and absorbed through improved performance. PureSpectrum is designing technology and products that enable energy conservation and improved performance without increased cost or confusion for the consumer. PureSpectrum plans to continue its commitment to researching and developing technologies and products that satisfy consumer demand and advance the cause of energy conservation. Please call (912) 961-4980 or visit www.purespectrumlighting.com for more information on PureSpectrum.
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. For additional information concerning risk factors, please refer to the securities filings at http://www.otcbb.com/asp/Info_Center.asp.
SOURCE: PureSpectrum, Inc.
CONTACT:
Media: PureSpectrum, Inc. Stephen Weeks, 912-484-9743 sweeks@purespectrumlighting.com
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