Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), Merriman Curhan Ford (NasdaqCM: MERR), Universal Detection Technology (OTCBB: UDTT), Lumera Corp (Nasdaq: LMRA), Aruba Networks, Inc. (NasdaqGM: ARUN)
Featured Stock: VIASPACE Inc.
(OTCBB: VSPC)
Current Price (0.03)
VIASPACE Energy Presents at Long Beach Fuel Cell Conference
PASADENA, Calif., May 22 -- VIASPACE Inc. (OTC Bulletin Board: VSPC - News), announced today that Mr. Nate Hurvitz, Engineering and Operations Director for VIASPACE Energy, presented an invited paper at the Fuel Cell 2008 Conference held in Long Beach, CA today. The conference brought together company executives, government officials and policy makers, scientists and engineers, and academicians from around the United States to discuss the utilization and commercialization of fuel cells.
Mr. Hurvitz's presentation focused on VIASPACE Energy's new HS-1000 VIASENSOR, a state of the art, laser-based humidity detection instrument used to measure the dew point of Hydrogen based fuel cells and in fuel cell test stations. The performance of hydrogen fuel cells using a Polymer Electrolyte Membrane (PEM) depends on the moisture level of the membrane. The membrane only conducts protons when it is hydrated or moist. The moisture is provided by water vapor in the incoming air or hydrogen stream. The VIASENSOR HS-1000 provides real-time measurements of the amount of water vapor in these gas streams. It is the only humidity sensor that provides in-situ, continuous and fast-responding dew point measurement. With its laser-based design, the VIASENSOR HS-1000 takes data measurements every second, does not require specialized installation and is of no danger or harm to the fuel cell.
Dr. Kukkonen, CEO of VIASPACE, commented, "The VIASENSOR HS-1000 solves the key challenges of accurately measuring the fuel cell humidity levels in both high temperature and high humidity environments. It is designed to provide convenient and automatic data collection by computer via serial port or USB adapter. We believe this new product will help our customers optimize their hydrogen fuel cell designs. We have demonstrated this new product to major automobile manufacturers and to major fuel cell manufacturing companies such as Ballard with extremely favorable feedback."
About VIASPACE: Originally founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please visit our website at http://http://www.viaspace.com/, or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or http://mailto:IR@viaspace.com/.
This news release includes forward-looking statements. These forward- looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, for the fiscal year ended December 31, 2007, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.
Source: VIASPACE Inc.
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Merriman Curhan Ford
(NasdaqCM: MERR)
Current Price (2.80)
SAN FRANCISCO--May 22--Merriman Curhan Ford (NASDAQ:MERR - News) today announced that Peter V. Coleman has been hired as chief financial officer effective June 2, 2008. Coleman will replace John Hiestand, who, as announced earlier today, is leaving to become chief financial officer at Merlin Securities. Merriman Curhan Ford (NASDAQ:MERR - News) is a financial services firm focused on fast-growing companies and the institutions who invest in them. The company offers high-quality investment banking, equity research, institutional services, primary market research, asset management and corporate & venture services, and specializes in four growth industry sectors: CleanTech, Consumer, Health Care and Tech/Media/Telecom. For more information, please go to http://www.mcfco.com/.
Universal Detection Technology
(OTCBB: UDTT)
Current Price (0.0004)
Lumera Corp
(Nasdaq: LMRA)
Current Price (1.16)
BOTHELL, Wash.--May 22--Lumera Corporation (NASDAQ: LMRA - News), a leader in the field of photonic communications, announced today it had received notice from The NASDAQ Stock Market stating that the Company’s stockholders’ equity at March 31, 2008 of $9,001,000 was less than the $10 million minimum in stockholders’ equity required for continued listing on The NASDAQ Global Market under Marketplace Rule 4450(a)(3). This notification, which was received in a letter dated May 16, 2008, is a standard communication when stockholders’ equity is less than the $10 million minimum requirement. The letter has no immediate effect on the listing of the Company's common stock at this time. Lumera Corporation engages in the development, manufacture, and marketing of devices using proprietary polymer materials primarily in the United States. It offers proprietary polymer materials and products based on these materials for bioscience and electro-optics markets. The company?s products include biotechnology disposables, which are manufactured with a proprietary polymer coating and process to provide high sample spot density for cost effective solutions for bioassay testing; and electro-optic devices, which translates and encodes data from electronic signals into optical signals that can be used in communications systems and in optical interconnects for high-speed data communication. Its bioscience products are used for DNA and protein analysis, drug development, screening and drug toxicity testing. The company?s electro-optic device is used in satellite communications, optical switching for telecom components, high speed signal processing, terahertz imaging, and defense/aerospace. In addition it develops customized polymer-based applications for government agencies. Lumera Corporation was founded in 2000 and is headquartered in Bothell, Washington.
Aruba Networks, Inc.
(NasdaqGM: ARUN)
Current Price (2.31)
SUNNYVALE, CA----May 23, 2008 -- Aruba Networks, Inc. (NasdaqGM:ARUN - News), a global leader in wireless LANs and secure unified mobility solutions, today announced that the company's management will be presenting at the following events for the financial community: People move. Networks must follow. Aruba securely delivers networks to users, wherever they work or roam. Our unified mobility solutions include Wi-Fi networks, identity-based security, remote access and cellular services, and centralized multi-vendor network management to enable the Follow-Me Enterprise that moves in lock-step with users:
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