VIASPACE, Inc. VSPC Archives - Page 6 of 7

MondayApr 09, 2007 1:07 pm

VIASPACE Inc. (VSPC.OB) Announces Teaming Agreement with Tokai Bussan

Tokai Bussan Co., Ltd and VIASPACE signed an agreement which will initiate a joint intellectual effort to develop and distribute VIASPACE products. It will also allow both companies to pursue new applications purposed to diagnose applications using VIASPACE'S proprietary SHINE expert system. The CEO of VIASPACE, Dr. Carl Kukkonen, stated the teaming agreement is a perfect example of VIASPACE’S strategy for business growth. The company is honored to have a relationship with Tokai Bussan and believes that the teaming agreement will benefit both companies; VIASPACE will benefit by having their Security, energy and fuel cell products reach the marketplace quickly. Let…

MondayApr 09, 2007 12:05 pm

VIASPACE Inc. (VSPC.OB) Announces Webcast Scheduled for Tomorrow Morning

On April 10, 2007 at 10 AM EST, VIAPACE will be broadcasting a webcast via the internet. Share holders are encouraged to listen at the following webpage: http://www.investorcalendar.com/EventPage.asp?ID=115354 Let us hear your thoughts below:

MondayApr 09, 2007 10:09 am

Carl Kukkonen, CEO of VIASPACE Inc. (VSPC.OB), Featured in Recent Interview

In the interview, recent news was commented on; in addition to the revenues in the latest quarter. Mr. Kukkonen commented that the funds drawn from the recent close of a $3.69 Million Fixed Price Private Placement with Cornell will allow the company to further develop and market their products. The transaction placed by Cornell shows faith in the long term outlook of VIASPACE. The increase of revenue in the past quarter was also discussed. Mr. Kukkonen revealed that the increase was caused by a cargo container partnership with L3 communications. The CEO predicts the revenues to double again in 2007.…

WednesdayApr 04, 2007 4:47 am

VIASPACE Inc. (VSPC.OB) Adds Caltech License for Knowledge Base Editor to Amplify its SHINE Technology Products

VIASPACE Inc. has executed a worldwide license agreement with the California Institute of Technology (Caltech) for new software capabilities that significantly enhance the functionality of its SHINE inference engine technology originally developed by the NASA Jet Propulsion Laboratory. The newly licensed Knowledge Base Editor will enable VIASPACE to accelerate the development of SHINE-based applications tailored to meet the requirements of customers in the commercial, defense and homeland security sectors. VIASPACE has an exclusive worldwide license from Caltech to commercialize SHINE technology for most major applications including maritime security, diagnostics/prognostics, sensor fusion and homeland defense. SHINE is a real-time inference engine…

TuesdayApr 03, 2007 4:28 am

VIASPACE (VSPC.OB) Ramping Up Business Development Activities in Japan

VIASPACE Inc. (VSPC.OB) announced that Mr. Pankaj Garg, a permanent resident of Japan, has joined the company as Director of Business Development and Technical Marketing in Japan for its SHINE expert software system. Mr. Garg served as Worldwide Senior Strategic Manager for Intel Japan from 1999. Previously he was with Cirrus Logic, Yasukawa Electric Co. and Kobe Steel. Mr. Garg is experienced in Software for Chipsets, Multimedia, PCs, embedded applications and cell phones. He has strong relationships with Japanese PC, consumer electronics companies and video game producers. This looks like a good move for the Company. Let us hear your thoughts…

SundayApr 01, 2007 1:48 pm

4th Quarter Revenue Up at VIASPACE Inc. (VSPC.OB)

Late friday, VIASPACE Inc. (VSPC.OB) announced its financial results for the quarter and year ended December 31, 2006. Revenue for the fourth quarter of 2006 was $292,000, as compared with $103,000 in the same quarter of 2005, an increase of $189,000. Gross profit for the fourth quarter of 2006 was $53,000 compared with $6,000 for the comparable quarter of 2005. Revenue for the year ended December 31, 2006 was $962,000, as compared with $432,000 in 2005, an increase of $530,000. Gross profit in 2006 was $196,000 compared with $77,000 for 2005. Commenting on fourth quarter and year-end results, Dr. Carl Kukkonen, Chief Executive…

ThursdayMar 29, 2007 9:35 am

VIASPACE, Inc. (VSPC.OB)’s Fuel Cell Technology is Ahead of the Competition

VIASPACE sets itself apart in the Fuel Cell market by using methanol instead of hydrogen. Investors are taking interest in methanol fuel cell technology because of the technical advantages. Hydrogen cannot be fed directly into the fuel cell which consequently requires complicated catalytic reforming. Since methanol does not have this disadvantage, it is easier to manage and doesn’t demand to be stored at high pressures and low temperatures. Methanol also has a higher energy density then hydrogen; as a result it can store a greater amount of energy in a tighter space. Let us hear your thoughts below:

TuesdayMar 27, 2007 6:34 pm

VIASPACE, Inc. (VSPC.OB) Has a Diversified High Tech Portfolio

VIASPACE was founded in 1998 with the business goal of transforming proven space and defense technologies from NASA and the US Department of Defense into innovative products that the Company believes fulfill high-growth market needs and solve today’s complex problems. VIASPACE has a portfolio that includes microelectronics, sensors, homeland security & public safety, energy/fuel cells, information & computational technology, RFID, e-finance, and mobile e-commerce. VIASPACE has licensed patents and software technology from the California Institute of Technology. This technology was developed by scientists and engineers over the last decade and was funded by NASA and the Department of Defense. VIASPACE…

WednesdayMar 14, 2007 4:46 am

VIASPACE Inc. (VSPC) Secures Capital and Eliminates Debt with Private Placement

VIASPACE Inc. (VSPC) recently announced the completion of a financing transaction with Cornell Capital Partners, LP. Under the terms of the deal, Cornell invested $3.69 million to purchase stock in the Company. This private placement replaces the convertible debenture presently in place with Cornell. The move is a very positive sign for VSPC, as it signals continued confidence by the investment community in the VIASPACE business model. Let us hear your thoughts below:

TuesdayMar 13, 2007 3:30 pm

VIASPACE, Inc. (VSPC.OB) Closes a Fixed Price Private Placement with Cornell

The transaction between Cornell Capital Partners and VIASPACE replaced Convertible Debenture held by Cornell. Under the terms of financing, Cornell invested $3.69 million dollars into VIASPACE. VIASPACE in turn gave Cornell 175,000 Class A Units and 600,000 Class B Units. Each Class A Unit entitles Cornell to 2.2609 shares of common stock and one warrant to purchase one share of common stock. Each Class B Unit entitles Cornell to one share of common stock and one warrant to purchase one share of common stock. VIASPACE's CEO stated a growing company, such as VIASPACE, needs capital. The company is pleased announce…

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