Visualant

Visualant, Inc.
Public
Traded as OTCQB: VSUL[1]
Founded 1998
Founder Ron Erickson
Headquarters Seattle, WA, United States
Products ChromaID
Website www.visualant.net/index.html

Visualant, Incorporated develops a spectral matching technology using a patented ChromaID approach.[2][3] Founded in 1998, Visualant is a public company based in Seattle, Washington.[4] The ChromaID technology shines LED wavelengths or laser light onto a material and measures the intensity of the light that is reflected back..[5][6] The data collected can be used to determine what the material in question is by detecting slightest variations in the pattern of the material's reaction to the structured light.[7]

History

Visualant was founded in 1998 by Ron Erickson. The technology was originally developed by Professor Tom Furness University of Washington and Dr. Brian Showengerdt over a period of seven years at Furness's private research lab 'RATLab'.[8][9][10][11]

Visualant acquired TransTech Systems of Aurora, Oregon in 2010.[12] TransTech distributes security products and systems to security and law enforcement industries.[12]

In May 2012, Visualant entered into a joint development contract, and licensing agreement with Sumitomo Precision Products Co., Ltd. focusing on the commercialization of the SPM technology.[4][13] The following year, the United States Patent and Trademark Office granted its sixth Visualant a patent titled "Method, apparatus, and article to facilitate distributed evaluation of objects using electromagnetic energy."[14] Later in 2013, Visualant partnered with Intellectual Ventures (IV) to further the commercialization of Visualant's ChromaID technology and catalyze the development of further intellectual property through IV's 'Inventor Network'.[15]

Products

Visualant, Inc. offers the ChromaID Scanner Kit that includes the ChromaID Scanner and the necessary software (ChromaID Lab) to configure and operate the scanner from a PC. The kit also includes an SDK so developers can build their own applications using the technology.[16] The product consists of a hand-held scanner of LEDs that are emitted onto an object and measures the color variations reflected back. The ChromaID is produced from the data that is generated from this process and the associated ChromaID Lab software plots a chart showing the intensity of the light, the software then compares the result to a database of patterns.[8] This technology and product offer a wide variety of uses in industries in identification authentication, and diagnostics.[5]

Awards and recognition

In February 2013, Visualant won the Green Photonics category of the 2013 Prism Awards for Photonics Innovation for its ChromaID technology.[17]

References

  1. ↑ "Visualant Inc". OTC Bulletin Board. Retrieved 2014-06-23.
  2. ↑ Christina Farr (2013-04-30). "Entrepreneurs say the FDA is killing medical innovation". VentureBeat. Retrieved 2014-06-23.
  3. ↑ Taylor Soper (2013-11-14). "Visualant partners with Intellectual Ventures to help commercialize light-based identification technology". GeekWire. Retrieved 2014-06-23.
  4. 1 2 Phil Keys (2012-08-08). "US and Japanese Companies Combine to Bring Forgery Detection to the Masses". Forbes. Retrieved 2014-06-23.
  5. 1 2 "VISUALANT DEBUTS SCANNER W/ COMPACT OPTICAL SENSOR". Imaging Update (Worldwide Videotex) 24 (10). October 2013.
  6. ↑ "Visualant brings a staple sci-fi scanning concept to life". Optics.org. 2013-04-30. Retrieved 2014-06-23.
  7. ↑ Sarah Dewey (December 2011). "Sophisticated palette: Visualant sees what the eye cannot". Seattle Business. Retrieved 2014-06-23.
  8. 1 2 Gail Overton (2013-01-16). "SPECTROPHOTOMETRY: ChromaID scanner challenges traditional spectrophotometry". LaserFocusWorld. Retrieved 2014-06-23.
  9. ↑ "Investors". Visualant. Retrieved 2014-06-23.
  10. ↑ "Visualant, Incorporated". U.S. SEC. 2009. Retrieved 2014-06-23.
  11. ↑ "Visualant Announces First Commercial License". Gastroenterology Week. 2009-01-19. p. 686.
  12. 1 2 "Visualant Acquires Transtech Systems". SDM: Security Distributing & Marketing. July 2010.
  13. ↑ "VISUALANT ENTERS $10M QUALCOMM TRICORDER XPRIZE, BIOTECH EQUIPMENT UPDATE" 21 (7). July 2013.
  14. ↑ "US Patent granted to Visualant, Inc. (Washington) on November 12 titled as "Method, apparatus, and article to facilitate distributed evaluation of objects using electromagnetic energy". US Official News. 2013-11-14.
  15. ↑ "Agreements/contracts: Visualant and IV to accelerate ChromaID tech applications". Medical Device Daily. 2013-11-15.
  16. ↑ "Products". Visualant. Retrieved 2014-06-23.
  17. ↑ "Visualant ChromaID Wins Photonics Award". 11-02-2013. Retrieved 2014-06-23. Check date values in: |date= (help)
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