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OTCQB Stock Symbol: VSPC Current Price: $ Full Stock Quote |
VIASPACE Press Release
GREEN LOG? FIREPLACE LOGS NOW FOR SALE IN US
11/30/2010
available in limited areas and on Internet
Irvine, CA USA-November 30, 2010-VIASPACE Inc. (OTC Bulletin Board: VSPC), announced that its renewable energy subsidiary VIASPACE Green Energy Inc. (OTC Bulletin Board: VGREF) has shipped a 40 foot container of Green Logs to its US distributor, and the container arrived in Georgia last week.
Green Logs are made from VIASPACE Giant King Grass, a 100% renewable resource, and the carbon dioxide emissions produced by burning Green Logs are reabsorbed by the next Giant King Grass crop growing 120 days later-- plants breathe and store carbon dioxide. Data and pictures of Giant King Grass, the factory and Green Logs can be viewed at the VIASPACE Green Energy website http://www.viaspacegreenenergy.com/green-logs.php, which also gives contact information for the distributor.
Chief Executive Dr. Carl Kukkonen commented, "Most of this container has already been pre-sold to retailers and regional distributors wanting to run a test market for the logs this winter. Our main distributor has already begun to ship out pallets, and we hope to see Green Logs on retail shelves soon."
Some of the inventory received was also set aside for online sales. Consumers can now buy Green Logs by the case (six-5lb Green Logs) on Amazon.com and eBay. Kukkonen stated, "The online sales should help expand the exposure of our Green Log brand. We hope consumers that buy our Green Log will enjoy their experience with our product and recommend it to friends and family."
The links to the Amazon.com and eBay pages are below:
Amazon.com -http://www.ama I zon.com/gp/product/B004D98XMG?ie=UTF8&seller=A5D321ODANHU9&sn=robert-marketing
According to a previous statement by VIASPACE, manufactured fire logs represent a $400 million annual market in North America. With more than 100 million logs-made primarily of wood chips and sawdust-burned each year, the company sees a substantial opportunity for Green Logs, which offer the most environmentally friendly manufactured log available. Green Logs also generate greater heat output than conventional logs, and its non-chemical, natural campfire aroma makes it an even more appealing alternative.
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. Through its majority-owned subsidiary VIASPACE Green Energy Inc., the Company grows Giant King Grass as a low-carbon fuel for electricity generating power plants, as a feedstock for bio methane production and cellulosic biofuels, and for other low-carbon, renewable energy products. VIASPACE Green Energy recently introduced its Green LogTM fireplace and campfire log product. For more information, please go to http://www.viaspace.com/ or http://www.viaspacegreenenergy.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, 2009, 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.