PRESS RELEASE OF VISUALANT, INC. DATED JUNE 16, 2006.
Published on June 21, 2006
PRESS RELEASE
For Immediate Release
|
Contact
Lynn
Felsinger
Visualant,
Inc.
|
206.903.1351
phone
206.903.1352
fax
lynn@visualant.net
|
Visualant
Dr. William E. Gordon III to Board of Directors
Seattle,
WA., June 16, 2006/PRNewswire-Visualant, Inc. (OTC BB: VSUL),
a
color
technology company (“VSUL”) which provides multi-dimensional spectral-based
pattern file creation security solutions, today
announced the
election of William E. Gordon III to its board of directors.
Ralph
Brier, President and CEO of Visualant, Inc., announced today the election of
Dr.
William E. Gordon III to the Company’s Board of Directors. Brier said, “Dr.
Gordon’s research background and business acumen bring a perfect mix of talents
and expertise to the Visualant Board. We look forward to Bill’s active
participation and contributions to the company.”
Dr.
William E. Gordon III, PhD is
a
partner with Branded Asset Management Group (BAM), LLC of NY in their new
Branded Asset Security Practice which he will help lead. Dr. Gordon is an
experienced financial and technology executive as well as entrepreneur, having
managed multi-billion dollar investment portfolios with Alliance Capital
Management in NY, and co-founded a partnership that built up a 20 million
franchise home, 12 million customer, broadband footprint in four countries
of
Europe between 1996 and 2001. He currently is an angel investor, board member
and Acting CEO and President of Tetragenetics, Inc., a startup biotech firm
specializing in novel approaches to vaccine development, especially potential
pandemic forms of influenza. His original training prior to his business career
was in the fields of molecular and cellular biology. Dr. Gordon holds a BS
in
Biological Sciences from Wayne State University in Detroit, a Ph.D. in Zoology
from UC Berkeley where he specialized in molecular and cellular biology of
cultured mammalian cells, and an MBA from the Wharton School with a
specialization in finance. Dr. Gordon spent five years at Cold Spring Harbor
Laboratories in New York working in the laboratory of Dr. James Watson spanning
three years of the research for his UC Berkeley Ph.D. as well as two years
of
post-doctoral work as a fellow of the Muscular Dystrophy
Association.
About
Visualant, Inc.
Visualant,
Incorporated develops unique and revolutionary color technology (patents
pending), providing multi-dimensional spectral-based pattern file creation
and
matching. Color pattern files can be created from any digital photograph or
scan, without having to reprint, recreate, recall, or modify existing digital
source documents. Those pattern files are then matched against existing
databases to detect identity crime, forgery, counterfeiting, and other frauds.
Visualant provides an accurate and rapid detection tool for a range of critical
applications, including national security, forgery/fraud prevention, brand
protection, and product-tampering protection. Our common stock is listed on
the
Over-The-Counter Bulletin Board under the symbol "VSUL."
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, filed
on February 9th, 2006, 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.
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