PRESS RELEASE DATED APRIL 15, 2008
Published on April 15, 2008
EXHIBIT
99.1
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PRESS RELEASE
For Immediate
Release
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Contact
Lynn Felsinger
Visualant, Inc.
206.903.1351 phone
206.903.1352 fax
lynn@visualant.net
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Visualant
Announces Formation of Japanese Subsidiary
Company
Positioned for Entry into Japanese Market
Seattle, WA., April 15, 2008/PRNewswire-Visualant, Inc. (OTC
BB: VSUL), a technology company developing powerful spectral data-based
security, diagnostic and quality control solutions, today announced the formation of a
majority owned Japanese subsidiary.
Visualant
Kabushiki Kaisha (“KK”)
is headquartered in Tokyo, Japan. The Chairman of Visualant KK is Dr.
Masahiro Kawahata, who also serves as a member of the Board of Directors of the
parent company, Visualant, Inc.
Visualant
KK Chairman Dr. Masahiro Kawahata said, “We have begun concrete discussions with
Japanese license partners and look forward to building strong relationships
between Visualant and the Japanese marketplace.”
Visualant
Chairman and Co-Founder, Ron Erickson, stated, “We see the expansion of
Visualant into the Japanese market place as a key strategic move. It
will allow us to closely align with manufacturers and systems suppliers who can
integrate the Visualant technology into solutions for their global customer
base.”
ABOUT
VISUALANT, INC.
Visualant,
Inc. (OTCBB: VSUL) (www.visualant.net)
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. Its 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 devices to establish
a unique spectral signature for both individual and classes of
items. The spectral signatures, when matched against existing
databases, allow precise identification and authentication of any item or
substance.