SOURCE: IO Circuit

October 10, 2006 11:01 ET

Market Advisors Issues $2.05 Price Target for VSPC

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

LAKE HARMONY, PA -- (MARKET WIRE) -- October 10, 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 filed a provisional patent application entitled Connecting Device Valve for Micro Fuel Cell Power Units.

A micro fuel cell will produce electricity as long as fuel is provided to the fuel cell. Under safety regulations published by the International Electrotechnical Commission, the fuel must be contained in a safe, sealed container, which is known as the fuel cartridge. A disposable fuel cartridge is connected to the fuel cell through a coupling device and valve that dispenses the fuel to the fuel cell. This DMFCC patent addresses the miniature valve to be placed on the fuel cell.

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Other active stocks are New River Pharmaceuticals Inc. (NASDAQ: NRPH), NutriSystem Inc. (NASDAQ: NTRI) and Business Objects S.A. (NASDAQ: BOBJ).

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