VIASPACE Press Release
VIASPACE Subsidiary Receives Contract from NASA's Jet Propulsion Lab
PASADENA, CA.-May 13, 2008-VIASPACE Inc. (OTC.BB: VSPC), a company that works to transform proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that its subsidiary, Ionfinity, LLC has been awarded a contract by NASA's Jet Propulsion Laboratory (JPL), managed by Caltech, to optimize and characterize third-generation Soft Ionization Membrane (SIM) devices and associated components which are to be interfaced with a JPL built mass spectrometer.
Dr. Carl Kukkonen, CEO of VIASPACE, said, "Ionfinity's contract with the Jet Propulsion Laboratory will continue ground breaking advances in micro scale detection devices previously considered too challenging a leap in technology to accomplish. This new generation soft ionization membrane, using miniaturized electronic packaging processes, will lead to much smaller chemical element and compound detection systems for Homeland Security, military and commercial uses."
Ionfinity is working to develop the next-generation mass spectrometry (MS) technology, which could not only revolutionize the traditional applications of MS for industrial process control and environmental monitoring, but could also ring in a new era of detection systems for homeland security. The technology combines inventions made at NASA Jet Propulsion Laboratory, which should enable the system to provide a 10x increase in sensitivity, a 10x increase in mass range and the ability to miniaturize the product to make it portable and low cost.
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, for the fiscal year ended December 31, 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.