Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), SpongeTech® Delivery Systems, Inc. (OTC BB: SPNG), Macrovision Solutions Corporation (NASDAQ: MVSN), Gran Tierra Energy Inc. (AMEX: GTE), W2 Energy Inc. (PINKSHEETS: WTWO)
Featured Stock: VIASPACE Inc. (OTCBB: VSPC)
Current Price (0.04)
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VIASPACE SUBSIDIARY SIGNS DEAL WITH NOTEBOOK COMPUTER OEM SUZUKI TECHNOLOGY
PASADENA, CA, USA.—June 23, 2008—VIASPACE Inc. (OTCBB: VSPC), announced today that its subsidiary Direct Methanol Fuel Cell Corporation (DMFCC) has signed a Memorandum of Understanding with Suzuki Technology Limited of Singapore to co-develop direct methanol fuel cells and fuel cartridges for the multibillion-dollar notebook computer and portable electronics industries. A single fuel cell cartridge could power a notebook computer for up to 10 hours and can actually run the device indefinitely without electricity by hot swapping a new fuel cartridge.
Carl Kukkonen, CEO of VIASPACE and DMFCC, commented, “We are pleased to begin this new collaboration with Suzuki Technology. We believe that our knowledge of the industry, our large portfolio of intellectual property and strong relationships with fuel cell developers, as well as our world class manufacturing partners, including SATO Group of Japan, Nypro of the U.S. and Tyco Electronics, will afford opportunities to combine fuel cell innovation with Suzuki’s notebook computers and other digital technology.”
Suzuki produces and markets electronics products including notebook computers, portable storage devices, optical disk drives, memory modules, flash-based memory and graphic accelerators. Suzuki is pursuing opportunities to improve and differentiate its products with technology advances.
VIASPACE through DMFCC manufactures disposable fuel cartridges for portable electronics applications, and fuel cell and battery test equipment. VIASPACE also sells high-quality and safe rechargeable lithium-based batteries. DMFCC has licensed the extensive Caltech/USC portfolio of direct methanol fuel cell related patents.
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. VIASPACE is located in Pasadena California. For more information, please see www.VIASPACE.com, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.
About Suzuki: Headquartered in Singapore, Suzuki aspires to become a global brand in the information technology industry through innovation and forward-looking technological products. More information is available at www.suzuki.sg.
Press contact: Carl Kukkonen 626-768-3360
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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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SpongeTech® Delivery Systems, Inc.
(OTC BB: SPNG)
Current Price (0.05)
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NEW YORK, June 18 -- SpongeTech® Delivery Systems, Inc. (OTC Bulletin Board: SPNG - News) is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 9:24 a.m. EDT. The interview can be heard live on BusinessTalkRadioNetwork® affiliate radio stations streamed on its website, www.businesstalkradio.net . You can find local radio stations by accessing the website, as well. Mr. Metter will be scheduled for future interviews on American Scene, where he will keep listeners updated on SpongeTech®'s products and developments.
Macrovision Solutions Corporation
(NASDAQ: MVSN)
Current Price (15.95)
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SANTA CLARA, Calif.-- Macrovision Solutions (NASDAQ:MVSN - News) announced today the acquisition of certain website and technology assets from ThoughtWorthy Media (“ThoughtWorthy”), a transaction that was previously entered into and executed by Gemstar-TV Guide International, Inc. in January 2008. ThoughtWorthy’s technology platform allows TV viewers to identify, research, and purchase online the music, products and advertising they view on television. Macrovision plans to make use of the data across its platforms including online and mobile.
Gran Tierra Energy Inc.
(AMEX: GTE)
Current Price (7.43)
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CALGARY, Alberta, June 19 -- Gran Tierra Energy Inc. (Amex: GTE - News; TSX: GTE - News), a company focused on oil exploration and production in South America, today announced that it is set to join the broad-market Russell 3000® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 27, according to a preliminary list of additions posted June 13 on http://www.russell.com.
W2 Energy Inc.
(PINKSHEETS: WTWO)
Current Price (0.06)
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NEW YORK, NY-- Jun 18, 2008 -- W2 Energy Inc. (Other OTC:WTWO.PK - News) (Frankfurt:WJD.F - News), a waste-to-energy and renewable energy company, is pleased to announce its entry into the biodiesel market.
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