Know Labs Explained

Know Labs, Inc.
Type:Public
Traded As:[1]
Industry:Medical Diagnostics
Foundation:1998
Founder:Ron Erickson
Location City:Seattle, WA
Location Country:United States
Key People:Ron Erickson, Phil Bosua, Dr. James Anderson, Leo Trautwein
Products:ChromaID, Bio-RFID
Num Employees:10-50

Know Labs, Inc is a US-based medical device company that creates non-invasive health monitoring systems using radio-microwave spectroscopy to identify and measure molecules in vivo, its first commercial-bound product being sensor technology optimized for blood glucose measurement.[2] Know Labs is a public company whose shares trade under the stock symbol KNW. [3]

History

Visualant was founded in 1998 by Ron Erickson. The technology was originally developed by Tom Furness and Brian Showengerdt over a period of seven years at Furness's private research lab 'RATLab'.[4] [5] [6] [7]

Visualant acquired TransTech Systems of Aurora, Oregon in 2010.[8] TransTech distributes security products and systems to security and law enforcement industries.[8]

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.[9] [10] 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."[11] Later in 2013, Visualant partnered with Intellectual Ventures to further the development of intellectual property through Intellectual Venture's 'Inventor Network'.[12]

In 2018, Visualant, Incorporated announced a name change to Know Labs, Inc.

Awards and recognition

In February 2013, Visualant won the Green Photonics category of the 2013 Prism Awards for Photonics Innovation for its ChromaID technology.[13]

Notes and References

  1. Web site: Know Labs, Inc . OTC Bulletin Board .
  2. Web site: Know Labs Inc - Company Profile and News . 2022-08-11 . Bloomberg.com . en.
  3. News: About Know Labs.
  4. Web site: SPECTROPHOTOMETRY: ChromaID scanner challenges traditional spectrophotometry . Gail Overton . LaserFocusWorld . 2013-01-16 . 2014-06-23 .
  5. Web site: Investors . Visualant . 2014-06-23 .
  6. Web site: Visualant, Incorporated . U.S. SEC . 2009 . 2014-06-23 .
  7. News: Visualant Announces First Commercial License . Gastroenterology Week . 2009-01-19 . 686.
  8. News: Visualant Acquires Transtech Systems . SDM: Security Distributing & Marketing . July 2010.
  9. US and Japanese Companies Combine to Bring Forgery Detection to the Masses . Phil Keys . Forbes . 2012-08-08 . 2014-06-23 .
  10. News: VISUALANT ENTERS $10M QUALCOMM TRICORDER XPRIZE, BIOTECH EQUIPMENT UPDATE . July 2013 . 21 . 7.
  11. News: 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.
  12. News: Agreements/contracts: Visualant and IV to accelerate ChromaID tech applications . Medical Device Daily . 2013-11-15.
  13. Web site: Visualant ChromaID Wins Photonics Award . 2013-02-11 . 2014-06-23 .