VIASPACE Press Release
VIASPACE TO TRADEMARK GIANT KING? GRASS
With Demand Rising for Next-Generation Biofuels & Biomass Feedstock, Company Sees Value, Business Potential in Branding High-Yield, Low-Carbon Energy Crop
Irvine, CA-November 10, 2009-VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant KingTM grass as a renewable, low carbon, energy crop, today announced it has applied to the U.S. Patent and Trademark Office to trademark "Giant King" as a unique brand of grass.
Interest in, and demand for, Giant King grass is growing, as energy producers seek next-generation feedstock for biofuel to reduce dependence on high-polluting fossil fuels and biomass for replacing coal in electric power plants. Due to advantageous growing characteristics and superior technical performance of Giant King grass, compared to other agricultural feedstock now being used for a biofuels and biomass, VIASPACE sees substantial business potential in establishing Giant King grass as the leading brand for renewable energy feedstock.
VIASPACE Chief Executive Dr. Carl Kukkonen stated: "VIASPACE has created global interest in Giant King grass, and it is becoming apparent that its unique characteristics and tested performance provide a strong basis for establishing Giant King grass as the leading source of low-carbon renewable energy. We believe a trademark will not only reinforce the competitive advantages and value of Giant King grass, but also prevent others from exploiting the name and buzz that Giant King grass is creating."
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-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 (Caltech), which manages NASA's Jet Propulsion Laboratory, where the direct methanol fuel cell was invented. For more information, please see http://www.viaspace.com/ or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or IR@VIASPACE.com.
Safe Harbor Statement: Information in this news release includes forward-looking statements. These forward-looking statements relate to future events or 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, without limitation, risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including Annual Report on Form 10-K for the year ended December 31, 2008, as well as general economic and business conditions; the ability to acquire and develop specific products and technologies; changes in consumer and business demand for the Company's products; competition from larger companies; changes in demand for alternative and clean energy; risks associated with international transactions; risks related to technological change; and other factors over which VIASPACE has little or no control.