Visualant Announces Letter of Intent with the RATLAB

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August 25th, 2008 Leave a comment Visited 13 times, 1 so far today

First Commercial License in Three Fields of Use

Visualant, Inc. (OTCBB:VSUL), a technology company developing powerful spectral data-based security, diagnostic and quality control solutions, today announced the signing of a Letter of Intent with RATLAB LLC. The agreement advances the historic strategic relationship between the two companies and provides for the first commercial licensing of the proprietary Visualant technology to the RATLAB, and as yet to be formed affiliate, for three fields of use.

Visualant Chairman, Ron Erickson, said, “We see great potential in the commercialization of the Visualant technology in the medical, environmental and agricultural domains. Dr. Tom Furness and his team are investigating rapidly deliverable applications, initially, in the medical field.”

RATLAB founder Dr. Tom Furness stated, “The Visualant technology offers a transformative approach to diagnostics which has significant implications in the medical, environmental and agricultural fields of use. We are looking forward to addressing these markets.”

ABOUT VISUALANT, INC.

Visualant, Inc. (OTCBB:VSUL) (www.visualant.net) develops low-cost, high speed, light-based security and quality control solutions available for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Its patent-pending technology uses controlled illumination with specific bands of light, measures and records what is seen, and manages data gathered in an innovative manner enabling devices to establish a unique spectral signature for both individual and classes of items. The spectral signatures, when matched against existing databases, allow precise identification and authentication of any item or substance.

ABOUT RATLAB LLC

RATLAB LLC is a Seattle, WA based research and development laboratory founded by Dr. Tom Furness. Dr. Furness is Founder and Director Emeritus of the Human Interface Technology Laboratory, and a Professor at the University of Washington, and a world-recognized expert in virtual reality and the human interface to technology. His role at the RATLAB is independent from his University responsibilities.

Contacts

Visualant, Inc.
Lynn Felsinger, 206-903-1351
206-903-1352 fax
lynn {at} visualant(.)net





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