VIASPACE SUBSIDIARY DIRECT METHANOL FUEL CELL CORPORATION FILES PATENT APPLICATION ON MINIATURE FUEL CARTRIDGE FOR MICRO FUEL CELLS
PASADENA, CA.—August 1, 2006—VIASPACE Inc. (OTCBB: VSPC), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that its Direct Methanol Fuel Cell Corporation subsidiary filed a provisional patent application on July 28, 2006 for a cartridge that provides fuel for micro fuel cells that power small electronic devices such as cell phones, portable e-mail devices, PDAs, music players and external chargers. The cartridge can also be used for other applications such as catalytic heaters that require delivery of a liquid fuel.
Dr. Carl Kukkonen, CEO of both VIASPACE and Direct Methanol Fuel Cell Corporation, reports, “With this patent application, we are adding to our existing large intellectual property portfolio concerning direct methanol fuel cells and cartridges to power them. Many of our potential customers are looking at very small fuel cell applications requiring cartridges holding as little as 6 mL of fuel. This is about the size of the AA battery, but stores 17 times more energy if the fuel is methanol.”
About VIASPACE: 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 seewww.VIASPACE.com, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, orIR@VIASPACE.com.
Press contact: Carl Kukkonen 626-768-3360 — This news release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. 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. The risks are outlined in our periodic filings with the U.S. Securities and Exchange Commission, as well as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which VIASPACE has little or no control.
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