VIASPACE Press Release
VIASPACE Energy Expands Sales into University Market with Order from University of Connecticut
PASADENA, CA.-July 10, 2007-VIASPACE Inc. (OTCBB: VSPC), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that it continues to increase its sales base, expanding into the University market with an order from the University of Connecticut.
The University of Connecticut is among some 400 to 500 universities in the United States and other countries actively engaged in fuel cell research and development, many through grants from federal, state and local governments, or in joint projects funded by major corporations.
The performance of hydrogen fuel cells using a Polymer Electrolyte Membrane (PEM) depends on the moisture level of the membrane. The membrane only conducts protons when it is hydrated or moist. The moisture is provided by water vapor in the incoming air or hydrogen stream. The VIASENSOR HS-1000 humidity instrument will provide real-time measurements of the amount of water vapor in these gas streams.
VIASPACE CEO Carl Kukkonen stated, "We are delighted to add the University of Connecticut to our growing list of VIASENSOR HS-1000 customers. We are aware that several hundred leading universities around the globe are engaged in some level of fuel cell research. With this new leading edge technology, the research staff at University of Connecticut will be able to utilize the HS-1000 instrument to directly measure the humidity level in real-time. This should help them more rapidly optimize fuel cell designs for various government and commercial research programs in which they may be engaged."
About VIASPACE: Founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please see www.VIASPACE.com, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.
Press contact: Carl Kukkonen 626-768-3360
This news release includes forward-looking statements. These forward-looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, as amended, for the fiscal year ended December 31, 2006, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.