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PureSpectrum, Inc. : PureSpectrum, Inc. Acquires Control of International Medical Staffing, Inc.

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  Published in Science and Technology on Monday, June 8th 2009 at 10:07 GMT, Last Modified on 2009-06-08 10:08:01 by Market Wire
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SAVANNAH, GA--(Marketwire - June 8, 2009) - Effective June 3, 2009, PureSpectrum, Inc. (PINKSHEETS: [ PSPM ]) has acquired control of International Medical Staffing, Inc. by acquiring 3,600,000 shares of IMSG common stock constituting 64.29 percent of the company's outstanding common stock.

Concurrent with the change in control, PSPM president and CEO Lee Vanatta was elected a director for IMSG effective on the 11th day after the filing of Schedule 14F-1 with the Securities and Exchange Commission by IMSG. Effective June 3, Mr. Vanatta was also elected president, secretary and treasurer of International Medical Staffing.

PureSpectrum's updated financial statements with information through the first quarter of 2009 can be found at [ http://www.pinksheets.com/pink/quote/quote.jsp?symbol=pspm ]. The acquisition of a controlling position in IMSG is described in the subsequent events section of PureSpectrum's financial statement.

Call (912) 961-4980 for more information about PSPM or contact Shareholder Development Group at (770) 518-3449 or [ info@shareholderdg.com ] for investment information.

ABOUT PURESPECTRUM

PureSpectrum, Inc. is a technology-driven lighting company headquartered in Savannah, Ga., that has developed technology solutions for energy efficient lighting and superior energy efficient lighting products in multiple categories. The company's mission is grounded in the quest to preserve natural resources and a belief that energy efficient lighting can only truly be embraced through improved performance. Through intuitive engineering, PureSpectrum designed innovative technology that enables maximum energy efficiency and optimal performance without increased cost or confusion for the consumer. PureSpectrum continues its commitment to researching and developing technologies and products that satisfy consumer demand and advance the cause of energy conservation. 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.