EXHIBIT 99.1
Published on April 17, 2007
|
PRESS
RELEASE
|
Contact
|
| For Immediate Release |
Lynn Felsinger
|
|
Visualant,
Inc.
|
|
|
206.903.1351
phone
|
|
|
206.903.1352
fax
|
|
|
lynn@visualant.net
|
Visualant
Names Kaufman Bros., L.P. as Exclusive Financial Advisor
Seattle,
WA., April 16, 2007/Business Wire-Visualant, Inc. (OTC BB: VSUL),
a
technology company developing spectral data-based security and quality control
solutions,
today
announced the selection of Kaufman Bros., L.P. (KBRO) to act as its exclusive
financial advisor and placement agent to assist the Company with execution
of
strategic business and corporate development strategies.
"KBRO
is a
leading provider of investment banking and advisory services to the technology,
media communications and homeland security industries," said Brad Sparks,
President and Chief Executive Officer of Visualant. "We are very pleased that
they have seen our technology and have chosen to work with us to meet our
financial needs."
About
Visualant, Inc.
Visualant,
Inc. 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.
Our
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 our devices to establish a unique spectral signature
for both individual and classes of items. Those spectral signatures, when
matched against existing databases, allow precise identification and
authentication of any item or substance. Our
common
stock is listed on the OTC Bulletin Board under the symbol, "VSUL".
About
Kaufman Bros,.L.P.
Kaufman
Bros., L.P. is a research-based, full-service investment bank, securities
trading firm and brokerage operation serving the communications, media and
technology universe. Drawing on a team of industry veterans and a strategic
group of limited partners, Kaufman Bros. integrates financial, technical,
operational, international and legal expertise to provide accurate and
comprehensive analysis of industry trends to a range of communications, media
and technology companies and professional investors.
The
statements made by Visualant, Inc. in this press release may be forward-looking
in nature and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
describe the Company’s future plans, projections, strategies and expectations,
and may be identified by words such as "expects”, "anticipates”, "intends”,
"plans”," "believes”, "seeks”, "estimates" or words of similar meaning.
These forward-looking statements are based on assumptions and involve a number
of risks, uncertainties, situations and other factors that may cause our or
our
industry’s actual results, level of activity, performance or achievements to be
materially different from any future results, level of activity, performance
or
achievements expressed or implied by these statements. These factors
include changes in interest rates, market competition, changes in the local
and
national economies, and various other factors detailed from time to time in
Visualant, Inc. SEC reports and filings, including our Annual Report on Form
10-KSB and subsequent Quarterly Reports on Form 10-QSB and Current Report on
Form 8-K. The Company undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or circumstances
after the date hereof to reflect the occurrence of unanticipated
events.
#
# #