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Visualant Announces First Commercial License (OTCBB:VSUL) Visualant, Inc.
Medical Diagnostics Application Initial Focus
SEATTLE-Visualant, Inc. , a color technology company which provides multi-dimensional spectral-based pattern file creation diagnostic and security solutions, recently announced the execution of its first commercial licensing agreement with RatLab LLC of Seattle, WA.
Ron Erickson, Chairman of Visualant, Inc., stated that the license, which covers discrete fields of use, provides Visualant with an equity participation in a to be formed RatLab LLC affiliate and a market rate royalty. The fields of use include medical diagnostics, agricultural, environmental applications and gemology.
Profile for Visualant, Inc.
Visualant Incorporated, a development stage company, engages in the business of commercializing products and services based on its spectral signature technology. It holds patent applications pertain to the use of controlled illumination with specific bands of electromagnetic radiation, detection of returned electromagnetic radiation, and data management in a manner enabling its devices to establish a unique spectral signature for both individual and classes of items. This unique spectral signature data could be used in various application areas, such as brand protection, forgery detection, homeland security, medical diagnostics, quality control, fluids monitoring, and metal stress analysis. ... Detailed VSUL Company Description...
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