Cyalume recently announced its response to the “Kids Safe Chemical Act” currently before Congress, stating that its SnapLight lightstick product line will be made phthalate free. Though not all phthalates have been proven to be a health or safety threat, per the Act, six phthalates have been banned.
While phthalates are found in the chemical composition of many everyday items and are commonly used in the manufacture of light sticks, some phthalates are harmful to the environment, can damage the human reproductive system, disrupt hormones, and have even been blamed for causing cancer. Though Cyalume’s SnapLights don’t contain any of the six banned phthalates, the company is taking a proactive approach, eliminating all use of phthalates in the chemical composition of any of its products.
“The safety of our users is of great concern, and we aren’t taking any chances with phthalates of any kind in our SnapLight brand,” Earl Cranor, Cyalume’s vice president of technology stated in the press release.
Derek Dunaway, Cyalume’s CEO, said the company is committed to protecting its customers and supports a healthy manufacturing process.
“Cyalume’s continuing commitment to safety through our research and development efforts has resulted in the production of the new phthalate free product line. This breakthrough development is a significant milestone for Cyalume and illustrates our commitment to environmentally conscious manufacturing processes. This patent protected process sets us apart from our competitors and positions us to strongly benefit from the growing demand for environmentally safe products in the U.S. and abroad,” Dunaway stated.
During February of this year, Cyalume Light Technologies agreed to be acquired by Vector Intersect Security Acquisition Corporation (VTRQ.OB), a special-purpose acquisition company. Once the acquisition is finalized, Derek Dunaway, CEO of Cyalume, will become CEO of Vector Intersect. Yaron Eitan, currently CEO of Vector Intersect will become Vice Chairman of the Board. It is also anticipated that Vector Intersect will change its name to Cyalume Technologies Holdings.
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