Shares of Visualant (OTC:VSUL) hit a new 52-week high of $0.65 per share today after announcing that its subsidiary TransTech Systems will be showcasing its talents at an upcoming conference. As I write, shares of Visualant were up 18 percent to $0.65 per shares on heavy volume of more than 640,000 shares compared to its average daily volume of only 40,000 shares.
TransTech Systems will be an exhibitor at the upcoming International Facility Management Association’s (IFMA) World Workplace 2010 Conference and Expo at the Georgia World Congress Center in Atlanta Georgia. This year’s conference will run from October 27th to 29th and marks IFMA’s 30th Anniversary Celebration.
The IFMA is the world’s largest association of professional facility managers. It supports more than 19,000 members in 78 countries. The IFMA members manage more than 37 billion square feet of property and annually purchase more than $100 billion in products and services.
TransTech Systems will be exhibiting the latest in identification card printing and encoding systems and building access control products from manufacturers such as Evolis, Farpointe Data, NiSCA and Paxton Access. TransTech will also be debuting Access and Environmental control products from Assa Abloy’s hospitality division, TimeLox. See these and other popular security industry products, including the breakthrough Visualant Spectral Pattern Matching (“SPM”) technology.
Through its TransTech distribution subsidiary, Visualant has access to the impressive, broad customer base represented by IFMA.
Visualant, Inc. (www.visualant.net) develops low-cost, high speed, light-based security and quality control solutions 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, to establish a unique spectral signature for both individual and classes of items.
When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching (SPM). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed-mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc. (www.ttsys.com), the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
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