Businessweek

Visualant, Inc. develops a patented Visualant Spectral Pattern Matching (SPM) technology. The company operates in the U.S. and Japan. The company’s SPM technology directs structured light onto a physical substance to capture a Visualant Spectral Signature called a ChromaID, which could be used to identify, detect, or diagnose markers invisible to the human eye. ChromaID scanners could be integrated into various mobile or fixed-mount form factors, making it possible to conduct analyses in the field that could be performed by lab-based tests. The company’s SPM technology resides in the general marketplace for spectroscopy (measurement of light according to its spectrum) and spectrometry (the measurement of the chemical or atomic components as a function of light reflected or absorbed by them). Its SPM technology could be used to create analytic devices that could be used in various applications in the security and authentication market. The company, through its wholly owned subsidiary, TransTech Systems, Inc. (TransTech), provides value added security and authentication solutions to corporate and government security and law enforcement markets throughout the United States. TransTech is an identification and ID document authentication distribution company selling products to approximately 400 dealers. TransTech’s products include an identification and ID document authentication products, including ID printers, access control devices, and various components. Agreements In May 2012, the company entered into a joint research and product development agreement with Sumitomo Precision Products Co., Ltd. (SPP), which focuses on the commercialization of its SPM technology, and a license agreement providing SPP with a license of the SPM technology in identified Asian territories. History Visualant, Inc. was incorporated under the laws of the state of Nevada in 1998.