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Featured Stock: VIASPACE Inc.
(OTCBB: VSPC | news | PowerRating | PR Charts ) Current Price (0.04) www.Growthstockresearch.com
Former Army Secretary Dr. Francis Harvey Appointed to VIASPACE Advisory Board
PASADENA, Calif., March 11 -- VIASPACE Inc. (OTC Bulletin Board: VSPC - News), a company dedicated to commercializing proven technologies from NASA and the US Department of Defense, announced today that Dr. Francis Harvey has joined its Advisory Board. Dr. Harvey served as the 19th Secretary of the Army from November 2004 to March 2007. As Secretary, he was responsible for the Department of the Army's annual budget, which in Fiscal Year 2007 was over $200 billion. He led a consolidated work force of over one million active duty, Army National Guard, and Army Reserve Soldiers, 240,000 Department of the Army civilian employees and approximately 200,000 contracted service personnel. Dr. Harvey traveled extensively to visit soldiers in Iraq, Afghanistan and at over 150 Army installations, camps and forward operating bases in the United States, Europe and Asia during his tenure.
The majority of Dr. Harvey's prior business career was spent with the Westinghouse Electric Corporation, which he joined in 1969 as a senior engineer and retired from in 1997 as the Chief Operating Officer of the Industries and Technology Group. During the course of his Westinghouse career, he held several senior leadership position including General Manager of the Electrical Systems Division, General Manager of the Marine Division, Vice President of Science and Technology, President of the Government and Environmental Services Company and President of the Defense and Electronics Systems Group Dr. Harvey earned his doctorate in Metallurgy and Material Sciences from the University of Pennsylvania and his Bachelor of Science in Metallurgical Engineering and Material Science from the University of Notre Dame.
VIASPACE CEO Dr. Carl Kukkonen stated, "Dr. Harvey will have an immediate impact in speeding the implementation of the company's strategy for global security products. The SHINE inference engine and sensor fusion technologies in our VIASPACE Security Group have tremendous synergy with Dr. Harvey's background and experience. We are delighted to add Dr. Harvey to our Advisory Board and look forward to his assistance and advice for years to come." 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://www.VIASPACE.com, or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or 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, as amended, for the fiscal year ended December 31, 2006, and our Quarterly Report on Form 10-Q for the period ended September 30, 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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Tongjitang Chinese Medicines Company (NYSE:TCM) Current Price (8.70) www.Growthstockresearch.com SHENZHEN, China--March 10--Tongjitang Chinese Medicines Company (NYSE: TCM - News), a leading specialty pharmaceutical company focusing on the development, manufacturing, marketing and selling of modernized traditional Chinese medicine in China, today announced its financial results for the fourth quarter of 2007 and for the full year ended December 31, 2007. Tongjitang Chinese Medicines Company focuses on the development, manufacture, marketing, and sale of modernized traditional Chinese medicines. Its primary product, Xianling Gubao, is the traditional Chinese medicine for the treatment of osteoporosis. The company also manufactures and markets a portfolio of 10 other traditional Chinese medicines, including Zaoren Anshen Capsules, an OTC medicine for treating insomnia; and moisturizing and anti-itching capsules, an over-the-counter medicine for treating inflammatory skin conditions. Its product development pipeline includes potential uses of its existing products for additional medical indications and a number of new product candidates that are intended to address the medical needs in the therapeutic areas of women?s health, mental health, and dermatology. The company sells its Xianling Gubao and other products exclusively through third-party distributors, who resell the products to hospitals and retail pharmacies in China. Tongjitang Chinese Medicines Company was founded in 1995 and is headquartered in Shenzhen, China.
Wits Basin Precious Minerals Inc.
(OTCBB: WITM | news | PowerRating | PR Charts ) Current Price (0.22) www.Growthstockresearch.com MINNEAPOLIS--March 10--Wits Basin Precious Minerals Inc. (OTCBB:WITM - News) is pleased to announce it has entered into a letter of intent agreement dated March 3, 2008 with Communications DVR Inc. (TSX VENTURE:DVR.P - News), a capital pool company listed on the TSX Venture Exchange. Under the terms and conditions of the letter of intent, it is anticipated that DVR will acquire Wits Basin's rights to acquire a 65 percent interest in the FSC Project located in South Africa in exchange for 22,000,000 DVR common shares. Listing this asset on a stand-alone basis is part of an overall strategy to bring value to Wits Basin by allowing it to directly focus on market conditions where gold is approaching $1,000 per ounce. The Company had previously indicated that it intended to study various strategic methods to maximize value for its gold properties, including both the Bates-Hunter Mine and the FSC Project. We are a minerals exploration and development company holding interests in three exploration projects and currently do not claim to have any mineral reserves on any project. Our common stock trades on the Over-the-Counter Bulletin Board under the symbol "WITM." To find out more about Wits Basin Precious Minerals Inc. (OTCBB:WITM - News) visit our website at www.witsbasin.com.
WorldWater & Solar Technologies Corp.
(OTC BB:WWAT) Current Price (1.33) www.Growthstockresearch.com EWING, N.J.--March 11--WorldWater & Solar Technologies Corp. (OTC BB:WWAT.OB - News), developer and marketer of proprietary high-power solar systems, today announced that the City Council of Ocean City, NJ has awarded the Company a contract to build a $4 million solar system for the City which is expected to produce nearly 550,000 kilowatt hours of energy in its first year. The Ocean City Municipal Solar Energy Power Project will include roof mounts on the Cultural Arts and Community Center, the new Public Works Complex building, the Vehicle Maintenance Center and the Sports and Civic Center. WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com.
Solar Power, Inc.
(OTC BB:SOPW) Current Price (1.70) www.Growthstockresearch.com ROSEVILLE, Calif.--March 12 Solar Power, Inc. (OTCBB:SOPW), a vertically integrated manufacturer of photovoltaic (PV) modules and marketer, designer and installer of PV solar electric systems for commercial, public and residential customers in the United States announced today it will reschedule its Fourth Quarter Fiscal 2007 results for Tuesday, March 25, 2008 after the market close. In conjunction, the company will host a conference call to discuss these results. Solar Power, Inc. operates its own ISO 9001 factory dedicated to manufacturing solar modules and related solar products. Yes! Solar Solutions offers the North American residential and small business market a complete solution through a single brand. The Yes! Web site can be visited at www.yessolarsolutions.com.
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