VIASPACE Press Release
VIASPACE CEO Presents at World Methanol Conference
VIASPACE CEO PRESENTS AT WORLD METHANOL CONFERENCE
PASADENA, California., December 3, 2007 - VIASPACE Inc. (OTC Bulletin Board: VSPC - News) CEO Dr. Carl Kukkonen gave an invited presentation at the 25th annual World Methanol Conference held in Orlando, Florida November 27-29, 2007. The annual international conference covers existing and future markets for methanol. Dr. Kukkonen's presentation was on "Methanol Fuel Cells-Portable Electronics and Automotive Applications." Methanol fuel cells represent a new energy market for the industry.
The conference, with over 200 attendees, featured presentations on methanol markets, bio methanol, green methanol, methanol and energy, biodiesel fuel which is made using methanol, as well as global trends in the marketplace. China has turned out to be one of the largest users of methanol and is planning to blend methanol with gasoline as an automotive fuel. Presenters and attendees represented the largest methanol and petrochemical companies in the world.
VIASPACE Energy subsidiary Direct Methanol Fuel Cell Corporation produces disposable methanol fuel cartridges for portable electronic devices such as notebook computers and mobile phones that are expected to be powered by fuel cells in the future. Direct Methanol Fuel Cell Corporation has cartridge manufacturing partners in Korea, Japan and the US. Direct methanol fuel cell powered portable electronic devices have been demonstrated by companies such as Toshiba, Hitachi and Samsung.
About VIASPACE: Founded in 1998 to transform proven space and defense technologies from NASA and the Department of Defense into commercial 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. VIASPACE focuses on alternative energy and fuel cell infrastructure, and on hardware and software for security and defense.
For more information, please visit www.VIASPACE.com, or contact Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com. For past press releases, please visit: http://www.viaspace.com/press_release.php.
Investor Relations contact:
Dr. Jan Vandersande, Director of Communications
Dr. Carl Kukkonen, CEO
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, and our Quarterly Report on Form 10-Q for the period ended June 30, 2007, 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.