This is not a personal project, I'm designing a product which my company intends to sell as a high-end lab instrument. (Yes, I realize that I am not prepared to be handling this... I'm a brand-new ME graduate and they are trusting me to be the lead designer on a difficult project relative to my level of experience. I'm confident with the mechanical aspects but I'm currently pretty lost as far as the electronics are concerned, as you can see even the power switch is giving me trouble once they decided to add a 2nd function). So in short, I'm going to assume that it will not be acceptable for one of the components to flash on for a moment when the device is powered off.