SOURCE: IO Circuit

October 12, 2006 06:30 ET Spotlights VIASPACE Subsidiary -- DMFCC Signs Manufacturing Agreement

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- October 12, 2006 --VIASPACE Inc. (OTCBB: VSPC), a company dedicated to commercializing proven technologies from NASA and the US Department of Defense, announced today that its subsidiary, Direct Methanol Fuel Cell Corporation (DMFCC), has signed a cartridge design and certified manufacturer agreement with Hyun Won Inc. of Daegu-city, South Korea.

Hyun Won Inc. manufactures and distributes portable multimedia players with the brand mobiBLU. The company also produces image-processing systems, glass encapsulation for optical light emitting diodes, and controllers for automated machinery.

"Direct Methanol Fuel Cell Corporation is establishing a global network of partners to manufacture and distribute fuel cartridges," reports Dr. Carl Kukkonen, CEO of both VIASPACE and DMFCC. "I welcome Hyun Won as a partner and look forward to a long and mutually beneficial relationship."

To read the complete release, go to

For a complete report on VSPC, go to

Other active stocks are UTStarcom, Inc. (NASDAQ: UTSI), Distributed Energy Systems Corporation (NASDAQ: DESC) and Discovery Laboratories, Inc. (NASDAQ: DSCO).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

Contact Information