SOURCE: IO Circuit

October 16, 2006 10:33 ET

TwinTrader.com Spotlights VIASPACE Inc. and Subsidiary Direct Methanol Fuel Corp.

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

LAKE HARMONY, PA--(Marketwire - October 16, 2006) - VIASPACE Inc. (OTCBB: VSPC), a company dedicated to commercializing proven technologies from NASA and the US Department of Defense, announced 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 http://biz.yahoo.com/prnews/061011/law090.html?.v=68

For a complete report on VSPC, go to http://www.TwinTrader.com

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