Visualant Consolidates Intellectual Property & Enters Business Agreement with Javelin

Authentication and diagnostic systems provider explores applications for SPM in total field of use

SeattleAug. 22, 2012Visualant Inc., a developer of authentication and diagnostic systems based upon its proprietary Spectral Pattern Matching (SPM) technology used in a variety of specialized photo-sensing devices, entered into an agreement to acquire Javelin’s license for SPM in the environmental field of use.

The application of Visualant’s SPM technology to sustainability and environmental uses includes the analysis of water quality, presence of oil and other chemicals in water, detection of hazardous substances produced by emissions and pollution measurement. Corporations seeking to implement more sustainable policies can further benefit from the revolutionary cost-effectiveness and simple-to-use SPM technology.

With this agreement, Visualant consolidated all of its intellectual property under its dominion and control. Additionally, Visualant entered into a business development agreement with Seattle-based Javelin LLC, to explore applications for SPM in all fields of use.

“By bringing all of our intellectual property together under the Visualant umbrella, we can more quickly and efficiently identify and conquer more opportunities in the marketplace,” said Ron Erickson, Chief Executive Officer, Visualant. “We expect the Javelin LLC team to deliver world class business development opportunities from their broad global network.”