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OTCQB Stock Symbol: VSPC Current Price: $ Full Stock Quote |
VIASPACE Press Release
Cohen Independent Research Group Updates Coverage of VIASPACE
10/16/2007
COHEN INDEPENDENT RESEARCH GROUP UPDATES COVERAGE OF VIASPACE
PASADENA, Calif., October 16, 2007 - VIASPACE Inc. (OTC Bulletin Board: VSPC - News), a company commercializing proven technologies from NASA and the US Department of Defense commented today on the updated research report from Cohen Independent Research Group, available on the Cohen website at www.cohenresearch.com.
VIASPACE CEO Dr. Carl Kukkonen states, "Paul Cohen's team continues to perform a tremendous amount of research on VIASPACE as presented in their recent update, including a detailed financial analysis of our execution on our future performance goals."
The Cohen Independent Research Group is Wall Street's leading independent research firm, concentrating on emerging companies with strong management teams focused on shareholder value and sustainable competitive advantage. Cohen's research reports highlight the company's market opportunity, technology, management, competition and other key differentiators that may affect their long and short term valuation. Cohen focuses on those public companies that do not currently have Wall Street research analyst coverage. Cohen research reports are commissioned and paid for by the companies covered, or by third parties.
Kukkonen continues, "VIASPACE commissioned and paid for the initial Cohen report to provide a resource for the public and our investors. VIASPACE continues to provide Company information to the Cohen team, but the research, analysis and their "buy" recommendation with a target price of $2.85 per share was done independently by Cohen."
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 our website at www.VIASPACE.com
For more information, please visit www.VIASPACE.com, or contact Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or [email protected]. For past press releases, please visit: http://www.viaspace.com/press_release.php.
Investor Relations contact:
Dr. Jan Vandersande, Director of Communications
800-517-8050
[email protected]
Press contact:
Dr. Carl Kukkonen, CEO
626-768-3360
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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.