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PureSpectrum, Inc. : PureSpectrum, Inc. Signs Contract With Arcata Electronic, Inc. to Manufacture Dimmable Ballasts for Linear


Published on 2009-06-10 04:43:18, Last Modified on 2009-06-10 04:44:43 - Market Wire
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SAVANNAH, GA--(Marketwire - June 10, 2009) - PureSpectrum, Inc. (PINKSHEETS: [ PSPM ]) signed a contract on Tuesday with Chinese electronics manufacturer Arcata Electronic, Inc. to manufacture the company's dimmable electronic ballasts for linear fluorescent lighting fixtures.

PureSpectrum will process manufacturing orders with Arcata based on sales orders, and the company expects to begin manufacturing dimmable ballasts addressable to two-lamp, 32-watt T8 linear fluorescent fixtures as soon as the fall. PureSpectrum's patent pending dimmable ballast design contains substantially fewer parts than commercially available dimmable ballasts for linear fluorescent fixtures, enabling the company to market the high performance ballasts at a cost that is lower than brand name commercially available dimmable ballasts. Dimmable ballasts enable commercial and industrial structures to utilize cost-saving, energy-saving lighting strategies such as daylight harvesting and occupancy sensing.

Linear fluorescent fixtures are the most prevalent lighting product for commercial and industrial applications in the world, and industry analysts have projected the retrofit market to make linear fluorescent fixtures more energy efficient could be $100 billion or more during the next few years as the search for reduced energy usage intensifies. Industry studies indicate that government regulations and increased consumer demand will drive unit sales for electronic ballasts to grow at a projected average annual rate of more than 12 percent through 2010. Additional regulations within North America and Europe will drive the linear fluorescent market toward electronic ballasts, and these regulations coupled with an increased awareness of energy conservation will drive both increased volume for new installs of energy efficient linear fluorescent fixtures and the expansion of the retrofit market for linear fluorescent lighting.

"Based on industry data and the demand for dimming in commercial and industrial lighting, the linear fluorescent market is at least five times larger than the market for Compact Fluorescent Lamps (CFL)," said PureSpectrum president and CEO Lee Vanatta. "The CFL has garnered the most attention by virtue of being the icon representing the energy efficiency movement in lighting, and our first product introduction of a dimmable CFL reflects the importance of the CFL market. But linear fluorescent fixtures are the most widely used lighting application in the world, and the ability to cost effectively retrofit linear fluorescent fixtures to be more energy efficient and dimmable is very appealing for commercial and industrial lighting."

Shanghai Arcata Electronic Inc. is an electronics manufacturer located 30 miles from downtown Shanghai with an established reputation as a sophisticated manufacturing facility producing high quality electronic products. Arcata focuses its resources on high quality, low manufacturing cost products and fast response time, and the company's industry acumen and superior performance has enabled Arcata to work with major ballast companies around the globe.

Arcata's 88,000-square foot manufacturing and warehousing facility is outfitted with leading edge equipment, has the capacity to produce 500,000 ballasts per month and could meet demand for as many as one million units per month. Arcata's leadership team of electrical industry veterans provide extensive and distinctive expertise in electronic ballast manufacturing, enabling the company to consistently and reliably produce high-quality electronic products.

Call (912) 961-4980 for more information about PureSpectrum, Inc. or visit [ www.purespectrumlighting.com ]. Please 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.

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