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PureSpectrum, Inc. Files Annual Update With Pink Sheets Exchange

Annual Update Summarizes Conservative Spending and Company's Movement Into Sales Stage

PureSpectrum, Inc. (PINKSHEETS: PSPM) has filed annual disclosure information for 2007 with the Pink Sheets electronic OTC markets pursuant to rule 15c2-11 of the Securities and Exchange Act of 1934 that reveals a frugal company dedicated to developing its technology and protecting the interests of its shareholders.

PureSpectrum is a technology company headquartered in Savannah, Ga., which owns the rights to multiple patents and patent applications related to innovative electronic circuitry breakthroughs to improve ballast-driven lighting applications. The annual update filed by the company highlights the business and technology advances made during 2007 that reflect PureSpectrum's strong commitment to corporate stewardship and transparency.

The report reflects that the PureSpectrum executive team made use of thorough market research to accelerate technology development while also adhering to a conservative approach to spending to preserve available investment resources. As a result, president and CEO Lee Vanatta and Chief Financial Officer William R. Norton led the company's transition from the development phase into the sales and marketing phase during the latter months of the year. Additionally, much of the company's outstanding debt was extinguished at the end of 2007 through an exchange of debt for stock, leaving the company and its shareholders in an ideal position to capitalize on anticipated revenue in 2008.

"We believe we did more with less in 2007 through smart and careful management of resources, and we plan to continue with the same focus on generating revenue for 2008," Norton said. "The intensity of our technology development increased toward the end of the year, and we have been able to attract the attention of major lighting and lighting control manufacturers. The approach we used during the past year allowed us to develop the technology in the context of what the lighting industry needs, putting us in a favorable position to begin generating income for the company and its shareholders."

The full text of the recent filing, including full financial reporting for the year ended December 31, 2007, can be found at www.purespectrumlighting.com or www.pinksheets.com. Please call (912) 961-4980 for more information about PureSpectrum, Inc. or contact Equiti-Trend Advisors LLC at (800) 953-3350 for investment information.

ABOUT PURESPECTRUM

PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company founded and headquartered in Savannah, Ga. The company's values are grounded in an awareness of the increasing urgency to identify energy efficient lighting technologies which also meet consumer standards. PureSpectrum currently holds the rights to multiple patents, patent applications and patents pending related to electronic ballast technologies designed to make energy efficient lighting products more popular among consumers through improved performance. PureSpectrum is committed to researching, developing and refining ideas that will provide the most energy efficient, cost effective and consumer friendly methods to deliver artificial light. 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.


Tags: ,Energy and Utilities:AlternativeEnergy, EnergyandUtilities:Utilities, ElectronicsandSemiconductors:ElectronicComponents, ,INTHPINK,INTHPINK,INTHPINK,GA,SAVANNAH, GA

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