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VIASPACE Press Release
Small Fuel Cells 2008 Conference Invites Presentation By VIASPACE
05/01/2008
PASADENA, CA - May 1, 2008-VIASPACE Inc. (OTCBB: VSPC), announced today that an invited presentation was made at the Small Fuel Cells 2008 conference in Atlanta, Georgia by Dr. Carl Kukkonen, CEO of both VIASPACE and its subsidiary Direct Methanol Fuel Cell Corporation (DMFCC). The presentation was titled, "Creating a Global Fuel Cartridge Manufacturing and Distribution Infrastructure." Dr. Kukkonen also chaired a conference session on "Fuel Cell and Battery Hybrid Systems" on April 30, 2008.
VIASPACE and DMFCC manufacture disposable fuel cartridges for portable electronics applications, and fuel cell and battery test equipment. VIASPACE also sells high-quality and safe rechargeable lithium-based batteries.
The 10th annual Small Fuel Cells conference focused on small and portable fuel cells for commercial and military applications. Other conference presentations were from global leaders in the field such as Samsung, Sony, Motorola, Johnson Matthey, PolyFuel and other companies and universities.
Dr. Kukkonen spoke on the successful international safety standards that resulted in approval to carry fuel cells and cartridges on airplanes, and on global manufacturing and distribution issues. Dr. Kukkonen stated, "Fuel cells and batteries will coexist together for the indefinite future. Fuel cells are energy devices, and must be hybridized with batteries for many applications that need instantaneous power. Fuel cell applications need disposable fuel cartridges which are the consumable in the fuel cell business. Other applications can be satisfied by batteries alone. That is why VIASPACE is in both the battery and fuel cell businesses. Portable electronic devices are a huge market. Electric vehicles and power tools are another huge market that we are addressing."
About VIASPACE: Originally 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 visit our website at www.VIASPACE.com, or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or [email protected].
Press contact: Carl Kukkonen 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, 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.