Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), AmeriChip International Inc. (OTCBB: ACII) , Legend International Holdings, Inc (OTCBB: LGDI) , Sequenom, Inc. (NASDAQ: SQNM), Mammoth Energy Group Inc. (PINKSHEETS: MMTE)
Featured Stock: VIASPACE Inc.
(OTCBB: VSPC) Current Price (0.036) www.WallStreetStockReview.com
VIASPACE ENERGY EXPANDS HS-1000 ASIAN DISTRIBUTION WITH AGREEMENT IN KOREA
PASADENA, CA.-June 04, 2008-VIASPACE Inc. (OTCBB: VSPC), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that has entered into distribution agreements for its laser based HS-1000 VIASENSOR relative humidity instrument with WonATech of Korea. WonATech has already purchased their initial unit.
WonATech is a distributor of high technology products including fuel cell and other test equipment to both companies and universities in Korea, with additional distribution partners in Taiwan, China, Malaysia, India and Iran.
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 VIASPACE HS-1000 instrument provides real-time measurements of the amount of water vapor in these gas streams.
VIASPACE CEO Carl Kukkonen stated "WonATech is a well-known company in Korea with distribution to several other countries throughout Asia, and we are proud to have them as a partner to distribute our HS-1000 VIASENSOR product globally. We believe that the HS-1000 will help customers rapidly develop and optimize new designs for fuel cells for portable electronics and hybrid electric vehicles."
About VIASPACE:
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 see www.VIASPACE.com, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.
Press contact: Carl Kukkonen 1-626-768-3362 ----------------------------- 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.
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AmeriChip International Inc. (OTCBB: ACII) Current Price (0.03) www.WallStreetStockReview.com CLINTON TOWNSHIP, Mich., June 5, 2008 -- AmeriChip International Inc. (OTC BB:ACII.OB - News) is applying LACC technology to the production of truck axle components for a North American-based automaker.
Legend International Holdings, Inc (OTCBB: LGDI) Current Price (3.35) www.WallStreetStockReview.com MELBOURNE, Australia-- Legend International Holdings, Inc (OTCBB:LGDI - News), with phosphate projects in Queensland, Australia, is pleased to announce that it has closed the US$105 million private placement transaction. The financing transaction was led by BMO Capital Markets and included 25 North American and international institutional investors.
Sequenom, Inc. (NASDAQ: SQNM), Current Price (11.68) www.WallStreetStockReview.com SAN DIEGO-- Sequenom, Inc. (NASDAQ:SQNM - News), a leading provider of genetic-analysis solutions, announced positive results from screening studies using the Company’s noninvasive circulating cell-free fetal (ccff) nucleic acid SEQureDx™ Technology, which enables the detection of fetal aneuploidy, including Down syndrome from maternal blood. At its analyst-and-investor briefing “The Future of Noninvasive Prenatal Diagnostics” held at the International Society of Prenatal Diagnostics (ISPD) conference in Vancouver, Canada, executives were joined by a panel of leading scientists and clinicians to discuss study results and updates in the development of noninvasive prenatal diagnostics.
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) Current Price (0.002) www.WallStreetStockReview.com WINSTON SALEM, NC-- Jun 5, 2008 -- Mammoth Energy Group Inc. (Other OTC:MMTE.PK - News) announced today that it has received a definite date to commence drilling the first well which will be June 16.
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