VIASPACE In the News

03/18/2009

Press Release Source: Cohen Independent Research Group

Cohen Independent Research Group Initiates Coverage of VIASPACE With an In Depth New 219-Page Research Report

Detailed VIASPACE Research Report: www.CohenResearch.com

• Wednesday March 18, 2009, 9:50 am EDT

SAN FRANCISCO--(BUSINESS WIRE)--Cohen Independent Research Group (CohenResearch), considered by many to be the nation's leading fundamental independent research firm, announced today publication of a detailed and comprehensive 219-page research report on the alternative energy business of VIASPACE (OTCBB:VSPC - News). VIASPACE acquired and restructured its focus on renewable energy - through its license for a fast-growing grass as a feedstock for nonfood crop biofuels - and clean energy - through its ongoing fuel cell cartridge business and portfolio of direct methanol fuel cell patents licensed from California Institute of Technology (Caltech).

VIASPACE recently acquired Inter-Pacific Arts (IPA) and has a license for a fast-growing high yield hybrid grass (Giant King Grass) that can be used in the production of nonfood biofuels and immediately as animal feedstock. IPA also operates a profitable framed-art business with positive cash flow.

About Cohen Independent Research Group

CohenResearch's average report length, LTM, is 149 pages. CohenResearch selects unique, overlooked, uncovered public and private corporations. The recession has created penny stocks, many of which are now investment securities that require detailed financial analysis.

About VIASPACE Inc.

VIASPACE is an alternative energy company providing products and technology for renewable and clean energy that reduce or eliminate dependence on fossil and high-risk-pollutant energy sources. The Company provides raw material for cellulosic biofuels and develops and markets fuel cell cartridges, products and technology. VIASPACE subsidiary Direct Methanol Fuel Cell Corporation owns a portfolio of fuel cell patents licensed from Pasadena-based California Institute of Technology, which manages NASA's Jet Propulsion Laboratory, where the direct methanol fuel cell was invented.

This informational release is based on public information. It is not an offer to sell or buy any security. Investors may receive back less than originally invested. CohenResearch received $30,000 for one year's research coverage. CohenResearch is a registered investment advisor that distributes contracted third party independent research purchased from outside third party securities analysts. The Private Securities Litigation Reform Act of 1995 provides investors a 'safe harbor' in regard to forward-looking statements. Disclaimer: http://www.cohenresearch.com/disclaimer.php