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VIASPACE Press Release


FIRST GIANT KING GRASS HARVEST

12/02/2009

New Grass Processing and Storage Facility Under Construction in China

Irvine, CA- December 2, 2009- VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant KingTM Grass as a renewable, low-carbon energy crop, today announced that the first harvest of Giant King Grass has been completed  and that a new grass processing and storage facility is under construction on company land in China.

Chief Executive Dr. Carl Kukkonen stated: "The grass from this harvest provided seedlings for planting on our new land and is also being used to supply samples for testing and analysis by potential customers such as DP CleanTech and other electric power providers. The new building, now under construction, will process Giant King Grass into pellets and other biomass products, as well as prepare seedlings for the planned expansion of planted acreage."

According to Kukkonen, a new independent analysis in Europe verified that Giant King Grass has excellent energy content (19.2 megajoules per dry kilogram, or 4,585 kilocalories per kilogram-- slightly higher than previous measurements).  And the fast-growing nature of Giant King Grass means it is a highly productive and economically advantageous crop, compared to all other biomass crops. Furthermore, Giant King Grass can be harvested in the first year, whereas many other energy crops cannot be harvested until they have been growing for two or more years. "We feel these characteristics together make Giant King Grass very attractive to biomass users, and we are seeing evidence of that in the form of requests for proposals, sales inquiries and MOUs," he said.

Kukkonen gave a presentation on Giant King Grass at the Next-Generation Biofuels Feedstocks USA Conference held November 16-17, 2009, at Le Meridien Hotel in San Francisco. The presentation-with pictures of the harvest, new land and building-is available at the bottom right of the home page of VIASPACE's website http://www.viaspace.com/. 

A follow-up interview with Kukkonen was published on November 23, 2009, by the DTN Ethanol Center. The interview is available at the bottom of the home page and may be accessed directly at http://www.dtnethanolcenter.com/index.cfm?show=10&mid=83&pid=37 .

Prior to the presentation and interview, Kukkonen was on a three-week trip to Asia, where he visited the Company's grass lands and met with current and potential partners and customers.

About VIASPACE Inc.

VIASPACE is a clean energy company providing products and technology for renewable and alternative energy that reduce or eliminate dependence on fossil and high-pollutant energy sources. The Company grows Giant King Grass as a low carbon fuel for electricity generating power plants and as a feedstock for cellulosic biofuels. VIASPACE subsidiary Direct Methanol Fuel Cell Corporation develops fuel cartridges for direct methanol fuel cells, and 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 [email protected].

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.