PASADENA, Calif., May 4 /PRNewswire-FirstCall/ -- VIASPACE Inc. (OTC
Bulletin Board: VSPC), a company that transforms proven space and defense
technologies from NASA and the Department of Defense into hardware and
software solutions that solve today's complex problems, announced today
that its subsidiary company Direct Methanol Fuel Cell Corporation (DMFCC)
has received important cartridge technology from a Harvey Mudd College
Engineering Clinic design team. The team, sponsored by DMFCC, completed a
year-long project to develop innovative tamper/child resistance and
authentication features for fuel cell cartridges designed to be used in
portable electronics.
The Harvey Mudd College Engineering Clinic program engages a team of
students and a faculty advisor to solve real-world technical problems for
corporate clients. The corporate sponsor retains rights to all intellectual
property developed by the team. The Harvey Mudd design team presented its
Engineering Clinic results on campus on Tuesday, May 2, 2006.
DMFCC produces methanol fuel cartridges that provide the energy source
for laptop computers and other portable electronic devices that will be
powered by direct methanol fuel cells. Fuel cells are expected to gain a
substantial market share because they offer longer operating time as
compared to current lithium ion batteries and may be instantaneously
recharged by simply replacing the disposable fuel cartridge.
"I was very impressed with the work of the Harvey Mudd team," stated
Dr. Carl Kukkonen, CEO of both VIASPACE and DMFCC. "They provided several
alternative designs, and made a prototype of their best design for a child
resistant cartridge. The students recognized that a major real-life
challenge is product cost and simplicity. They came up with a simple and
elegant design. We have filed two provisional patents incorporating their
ideas."
About VIASPACE: VIASPACE is a diversified technology company with
knowledge and expertise in energy/fuel cells, microelectronics, sensors,
homeland security and public safety, and information and computational
technology. 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://www.VIASPACE.com, or contact for Investor
Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050,
or IR@VIASPACE.com.
About Harvey Mudd College: Harvey Mudd College, located in Claremont,
California in suburban Los Angeles, was founded in 1955 in cooperation with
the family of Harvey S. Mudd, a mining engineer and co-founder of one of
the richest copper mines in the world. Harvey Mudd College, with a student
body of just 700 students, is a leader in engineering, science, and
mathematics education. Its mission is to educate undergraduate men and
women in a demanding academic setting focusing on engineering, science, and
mathematics, that also provides a rich background in humanities and social
sciences. Harvey Mudd College is ranked in the top 20 small liberal arts
colleges, and is listed as having one of the very best undergraduate
engineering programs in the nation.
Press contact: Carl Kukkonen 626-768-3360
This news release includes forward-looking statements intended to
qualify for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. 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.
Similarly, statements in this release that describe the company's business
strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. These statements are only predictions. Such
forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the company to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include the risks outlined in our
periodic filings with the U.S. Securities and Exchange Commission, as well
as general economic and business conditions, the ability to acquire and
develop specific projects, the ability to fund operations and 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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Related links:
http://www.VIASPACE.com
CONTACT:
Investor Relations, Dr. Jan Vandersande,
Director of Communications, +1-800-517-8050, IR@VIASPACE.com, or
Press, Carl Kukkonen, +1-626-768-3360, both of VIASPACE Inc.
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