PASADENA, CA -August 27, 2008-VIASPACE Inc. (OTCBB: VSPC) today provided an overview of the company's progress in the $54 Million Clean Energy industry, including its new agreement to sell and distribute fuel cell test stations, in an exclusive interview on WallSt.net's 3-Minute Press Show.
VIASPACE is continuing its expansive strategy for alternative energy products begun last year. This new agreement with WonATech of Seoul, Korea follows recent announcements of similar agreements with GasHub of Singapore and Scitech of Seoul, Korea. This effort on the part of VIASPACE is to represent a global network of Fuel Cell Test Station manufacturers and to establish cross selling opportunities for its HS-1000 state-of-the-art Humidity Sensor. WonATech, Scietch and GasHub collectively have a wide range of test stations from basic, simplified units to complex multi-channel units, all at very attractive pricing.
VIASPACE feels that the markets in the United States, Europe and Southeast Asia are underserved. As a part of that market, there are several hundred universities around the globe, along with hundreds of companies, actively working on fuel cell development. Most of theses small companies and universities have limited budgets and will be interested in fuel cell test station sat affordable prices. The upper end units will also be attractive to major corporations and automobile manufacturers already at work on sophisticated fuel cells for hybrid vehicles and other applications.