Private equity advisory firm has established

history of building growth companies

 

SAVANNAH, GA – PureSpectrum, Inc. (Pink Sheets: PSPM) has entered into a corporate consulting agreement with the The Musser Group, a private equity advisory firm headquartered in Wayne, Pa., with a history of building growth companies by providing organizational consulting service to maximize corporate results.

 

The Musser Group was founded in 2001 to provide the resources necessary to grow small companies. The company and its principal, Warren V. “Pete” Musser, have provided strategic counseling for a broad range of growing companies to identify appropriate growth and structural strategies to streamline business practices and optimize shareholder value.

 

“The engagement with The Musser Group will provide the relationships and resources that will assist PureSpectrum to become a well established competitor within the lighting industry on a global basis,” said PureSpectrum president and CEO Lee Vanatta. We are confident that they will offer our management team  effective guidance to help steer our emergence as a leading provider of high performance, high quality energy efficient lighting products.”

 

During the first six months of the year, PureSpectrum launched a line of high performance dimmable Compact Fluorescent Lamps (CFL) as well as a cost effective dimmable electronic ballast addressable to linear fluorescent lighting and other lighting applications. The company began receiving orders for CFL products during the past month, and PureSpectrum’s multilayered marketing plan is targeting the utility industry, major electrical distributors, the commercial retrofit market and global green lighting initiatives focused on reducing energy consumption.

 

The Musser Group will evaluate PureSpectrum’s capital requirements and appropriate capital structures, assist PureSpectrum’s procurement of investment capital and assist in the valuation of prospective business opportunities.

 

Platinum Circle Holdings, located in Alpharetta, Georgia, will be acting as a consultant for the Musser Group and PureSpectrum. Platinum Circle Holdings specializes in information technology and large enterprise systems deployment. Their role will be to evaluate the technology issues and the various enterprise systems which will allow PureSpectrum to achieve their targeted market share growth.

 

Call (912) 484-9743 for more information about PSPM or contact Shareholder Development Group at (770) 518-3449 or [email protected] for investment information.

 

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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.