VIASPACE, Inc. (VSPC.OB) CEO Dr. Kukkonen Interviewed on CEONEWS.Tv

QualityStocks would like to highlight VIASPACE, Inc. (OTCBB: VSPC). VIASPACE is a clean energy company focused on providing products and technology that reduce or eliminate dependence on fossil fuels and other high-pollutant energy sources. Through its subsidiaries, the company provides raw material for cellulosic biofuels; develops and markets fuel cartridges, products and technology for methanol fuel cells; markets rechargeable lithium-ion batteries; and develops security-related monitoring and detection technology and systems for military/defense and commercial applications.

In the company’s news today,

VIASPACE Inc. announced that its Chief Executive, Carl Kukkonen, was interviewed on CEONEWS.Tv. During the interview, Dr. Kukkonen reviewed the company’s renewable energy and fuel cell cartridge businesses and provided a brief update on the progress and outlook for Giant King Grass. A replay of the interview can be found at www.ceonews.tv/vspc.

Kukkonen reiterated that the company’s overall strategy for the clean energy markets is to develop and market consumables, such as renewable crops for producing low-carbon energy and fuel cartridges for micro fuel cells for portable electronic devices.

The fast growing and high yield characteristics of Giant King Grass make it an excellent renewable, low-carbon energy crop that can be burned as biomass, processed into pellets to replace coal or converted into cellulosic liquid biofuels called grassoline. Coal currently accounts for 41% of all electricity worldwide and represents a substantial market opportunity. Next year the company anticipates selling Giant King Grass pellets. Expecting new supply contracts and other large energy projects in 2010, Kukkonen stated that the company is expanding production capacity in China and seeking additional acreage and growing opportunities in Indonesia.

Kukkonen also reminded listeners that VIASPACE is partnered with Samsung to make fuel cartridges for fuel cells for notebook computers. Providing the consumable fuel cartridges, the company expects to generate a stream of recurring revenue.

Commenting on the expected listing of VIASPACE’s subsidiary, VIASPACE Green Energy (VGE), as a separately reporting public company, Kukkonen added that VGE will offer investors a pure play in Giant King Grass, whereas VIASPACE Inc. represents a diversified opportunity in renewable and clean energy. VIASPACE Inc. anticipates remaining the majority shareholder and to continue to consolidate VGE revenue and future earnings.

The Securities and Exchange Commission is currently in the process of reviewing the amended VGE Form S-1 filing. Their response is expected at any time. The amended filing is available at www.SEC.gov under VIASPACE Green Energy. VIASPACE Inc. is also continuing negotiations with the seller of Inter-Pacific Arts while awaiting the response from the SEC.

Kukkonen commented that while all sources of alternative energy are increasing in importance, only biomass such as Giant King Grass can be easily stored and capable of generating a continual supply of energy day and night, seven days a week, whether it is windy or calm.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.