SEATTLE - May 12, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading color based identification and diagnostic solutions, an emerging leader in security and authentication systems technology and distributor of a wide variety of security solutions through its wholly-owned subsidiary, TransTech Systems, Inc., is pleased to announce that Marco Hegyi has been named Chairman of the Board of Directors of the Company.

Mr. Hegyi has served as an independent director at Visualant since 2008. He has been a principal with The Chasm Group since 2006, and serves as a strategic advisor to both public and private companies. Mr. Hegyi's passion is in helping companies expand their businesses with innovative technologies and collaborative partnerships. Over the course of his 30 years in the technology industry, he has worked at Yahoo!, Microsoft, and held executive roles in several other companies.

Read more: Security Industry News; Marco Hegyi, Seasoned Technology Executive, Named Visualant (OTCBB:VSUL)...

SEATTLE - May 10, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading color based identification and diagnostic solutions, an emerging leader in security and authentication systems technology and distributor of a wide variety of security solutions through its wholly-owned subsidiary, TransTech Systems, Inc., is pleased to announce that Dr. Brian Schowengerdt, a co-inventor of Visualant's Spectral Pattern Matching (SPM) technology will consult with the Company.

 

Dr. Schowengerdt's work focuses on the intersection of the fields of photonics and biological sensory systems.

Read more: Security Industry News; Visualant (OTCBB:VSUL) Retains Dr. Brian Schowengerdt, Co-Inventor of...

SEATTLE - May 6, 2011 (Investorideas.com Defense Newswire) - Summary of Operating Results from Continuing Operations

Security Company Visualant, Inc. (OTCBB: VSUL) reports results for the quarter ending March 31, 2011, as compared to the three months ended March 31, 2010:

  • Revenues- increased 100% to $2,866,000 from $0.
  • Gross profit- increased 100% to $345,000 from $0.
  • Net loss was $520,000 as compared to $231,000 for the same quarter in 2010. The loss was due to costs to expand its investor base and annual share issuances to directors.
Read more: Security Industry News; Visualant (OTCBB:VSUL) Revenues Jump 100% for Quarter Ending March 31, 2011

SEATTLE - May 5, 2011 (Investorideas.com Defense Newswire) - Summary of Operating Results from Continuing Operations Visualant, Inc. (OTCBB: VSUL) announced the following results for the three months ended March 31, 2011, as compared to the three months ended March 31, 2010:

  • Revenues- increased 100% to $2,866,000 from $0.
  • Gross profit- increased 100% to $345,000 from $0.
  • Net loss was $520,000 as compared to $231,000 for the same quarter in 2010. The loss was due to costs to expand its investor base and annual share issuances to directors.
  • Net loss per share was $.01 per share as compared to $.01 per share from the same quarter in 2010.
  • Cash flow provided by operations was $928,000 as compared to $(145,000).
Read more: Security Stocks; Visualant (OTCBB:VSUL) Revenues Jump 100% for the Three Months Ended March 31, 2011

AURORA, Ore. - May 3, 2011 (Investorideas.com Defense Newswire) - TransTech Systems, Inc., a subsidiary of Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading identification solutions, is pleased to announce that it has received the initial orders for products to be used in a re-credentialing project. Credentialing is the process of establishing the qualifications of organizational members and assessing their background and legitimacy.

TransTech Systems has received the initial orders for the credentialing of all North American employees of a global security services provider. Best known for its roll in banking and retail security, this provider employs over 70,000 in approximately 100 countries.

Read more: Security Stocks; Visualant Subsidiary (OTCBB:VSUL), TransTech Systems, Receives Initial Orders for...