SOURCE: eLocity Inc.

July 18, 2005 11:02 ET

Monday's July 18th Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity.

SARASOTA, FL -- (MARKET WIRE) -- July 18, 2005 -- eLocity's stocks to watch for Monday are - VIASPACE Inc. (OTC BB: VSPC), Chiron Corp. (NASDAQ: CHIR), Global Environmental Energy Corp. (OTC BB: GEECF), iBasis, Inc. (OTC BB: IBAS)

Investors, take a look at VIASPACE, Inc. (OTC BB: VSPC), a spin-off of Caltech/NASA's Jet Propulsion Laboratory that transforms proven space and defense technologies into hardware and software products that solve today's complex problems. VIASPACE is a diversified technology company with unparalleled knowledge and expertise in energy/fuel cells, microelectronics, sensors, homeland security & public safety, information & computational technology, and RFID.

VIASPACE announced Monday that Dr. Dwight Duston has joined its Scientific Advisory Board, which, advises VIASPACE management and the Board of Directors on technical matters, and has agreed to serve as Chairman.

Dr. Duston is currently Chief Technology Officer at the Egg Factory of Roanoke, Virginia, which incubates high-technology companies, the company said, and prior to that he had spent 20 years in research and high-technology management for the US Department of Defense. He was Director, Science and Technology and later Assistant Director for Technology at the Ballistic Missile Defense Organization, has chaired and served on numerous review and advisory panels and working groups for NASA and the Department of Defense, has served on Advisory Boards for several companies, and was also co-editor of the journal, "TECHNOLOGY MANAGEMENT." Dr. Duston earned his Ph.D. in Physics from the University of Michigan, VIASPACE added, and noted that his strong track record of technology transfer of military R&D has resulted in more than 350 commercial products brought to the market, traceable back to the military R&D his office at the Ballistic Missile Defense Organization funded.

Shares of VIASPACE Inc. (OTC BB: VSPC) are currently trading at around $5.19.

Other stocks making Headlines:

Chiron Corp. (NASDAQ: CHIR)

Biotechnology company Chiron Corp. announced Friday that it has received a letter from the FDA that its Pulminiq treatment for lung transplant patients is approvable, but an additional study will be required. The company also announced Friday that it will cut its supply expectations for its flu vaccine Begrivac for the 2005-2006 season by about 8 million doses, and said that it might delay shipments until early October. Chiron also announced that the FDA is currently conducting a full inspection of Chiron's Liverpool facility, which manufactures FLUVIRIN influenza virus vaccine.

Global Environmental Energy Corp. (OTC BB: GEECF)

Global Environmental Energy Corp. announced Monday that its subsidiary Sahara Petroleum Exploration Corp. has entered into an Alliance Agreement with Chasewood Consortium, Ltd., to bid for oil and gas exploration rights under the 2005 Nigerian Licensing Round.

iBasis, Inc. (OTC BB: IBAS)

International long distance service, VoIP, and prepaid calling cards provider, iBasis, Inc., announced Monday that $19.9 million of the Company's debt has converted to equity through negotiated agreements with noteholders. The company said that overall, the notes have converted into approximately 10.8 million shares of iBasis common stock at the original conversion price of $1.85 per share.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for VSPC (Public Company). The compensation is twenty-five thousand dollars from MK Group. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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Contact Information

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    eLocity Inc.
    Thomas Clay