|
Article Excerpt
M2 PRESSWIRE-3 September 2008-InvestSource, Inc.: PureSpectrum, Inc. Adapts LED Lighting Compatible Ballast Circuitry; Emerging Technology Company Applies Base Science to Their Successful Energy Efficient Light Source(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:03092008
Stocks in the news: PureSpectrum, Inc. (Other OTC:PSPM.PK), Entergy Corporation (NYSE: ETR), Constellation Energy (NYSE: CEG), TECO Energy, Inc. (NYSE: TE)
September 2, 2008 - In its ongoing efforts to continue development of the company's breakthrough ballast technology, PureSpectrum, Inc. (Other OTC:PSPM.PK) has begun testing the viability of its innovative ballast design for use with Light Emitting Diode (LED) applications.
PureSpectrum has already engineered and introduced breakthrough ballast technology for fluorescent lighting, and during the past several months the company has transitioned from research and development into implementation and is engaged in licensing discussions with multiple manufacturers. However, PureSpectrum president and CEO Lee Vanatta said that PureSpectrum's core business will remain technology and now the company has begun adapting its base technology to be compatible with LED lighting systems.
The ultra-efficient solid state lighting products have garnered heavy attention and some market traction during the past two years and are considered by some industry analysts to be the long term future of both commercial and residential lighting. While there are several practical reasons that LED light sources will not gain full consumer acceptance in the near future, Vanatta said that the consensus within the lighting industry believes that solid state lighting will become dominant in the long term. Currently, PureSpectrum is marketing ballast technology to improve the leading commercial lighting product -- linear fluorescents -- and the anticipated residential lighting market leader -- Compact Fluorescent Lamps (CFL).
"Our commitment to our shareholders is that we will continually explore new avenues for revenue generation in the lighting...
|
|
More articles from M2 Presswire
Company Report for the Largest Potash Production Base in China - Qingh..., September 03, 2008
Research Report on the Low-Priced Laptop Market of China, 2008., September 03, 2008
Digital Asset Content Management Market Shares, Market Forecasts, and ..., September 03, 2008
2008 Argentina Industry & Market Outlook Provides Current and Accurate..., September 03, 2008
This 2008 South Africa Industry & Market Outlook Provides Current and ..., September 03, 2008
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
