Wednesday, March 26, 2008; Posted: 07:13 AM
Featured Stock: VIASPACE Inc.
(OTCBB: VSPC | news | PowerRating | PR Charts ) Current Price (0.04) www.AnalystStockReport.com
VIASPACE SUBSIDIARY DELIVERS FUEL CELL CARTRIDGES AND VALVES TO SAMSUNG PASADENA, CA -March 26, 2008-- VIASPACE Inc. (OTCBB: VSPC), announced today that its Direct Methanol Fuel Cell Corporation (DMFCC) division has successfully delivered sample methanol fuel cell cartridges and interface valves to Samsung SDI. The DMFCC cartridges and valves have been integrated with Samsung SDI fuel cells in a portable electronics application.
Samsung SDI Co. Ltd., a world leading Samsung subsidiary company, produces plasma and liquid crystal displays, rechargeable lithium-based batteries, and has publicly demonstrated a notebook computer powered by a direct methanol fuel cell instead of a battery. Details of the cartridges and valves and their applications are confidential, but Samsung has now allowed DMFCC to make this announcement. Interactions with Samsung are ongoing.
VIASPACE CEO Dr. Carl Kukkonen stated, "We are delighted that our cartridges and valves have been able to meet Samsung's initial requirements. This project involved extremely tight deadlines for several months, and I'm quite proud of our team for meeting these milestones and keeping Samsung's development project on schedule. I particularly want to thank our manufacturing partner, Sato Group of Japan, for their outstanding work."
"We are looking forward to taking the necessary additional steps with Samsung in order to bring a methanol fuel cell cartridge to market," added Kukkonen.
Direct Methanol Fuel Cell Corporation produces disposable fuel cartridges that provide the energy source for portable electronics powered by fuel cells.
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 www.VIASPACE.com, or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.
Press contact: Carl Kukkonen 626-768-3360
----------------------------- 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.
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Octillion Corp.
(OTC BB: OCTL | news | PowerRating | PR Charts ) Current Price (1.07) www.AnalystStockReport.com AUBURN HILLS, Mich.--March 24--Octillion Corp. (OTCBB: OCTL - News), an alternative energy technology incubator, today announced efforts to streamline the deposition of silicon nanoparticles on to glass, an important process in development of the Company's NanoPower Window technology, a novel transparent window capable of generating electricity. Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging, leading edge alternative energy technologies.Through established relationships with universities, research institutions and government agencies, we strive to identify technologies and business opportunities on the leading edge of innovation that have the potential of serving significant and unmet market needs.
SpaceDev, Inc.
(OTC BB:SPDV) Current Price (0.67) www.AnalystStockReport.com POWAY, CA----Mar 24, 2008 -- SpaceDev, Inc. (OTC BB:SPDV.OB - News) announced that it has been awarded a contract for the development of next-generation seal technologies for instrument covers. The Phase 1 Small Business Innovative Research contract is scheduled for a 6-month period, during which SpaceDev plans to perform feasibility studies for seals capable of repetitive use while maintaining integrity even in the presence of severe abrasive environments such as lunar dust. These seal technologies are intended to enhance performance and enable increased mission capabilities for future lunar operations such as rovers, robotic systems, on site resource utilization and science experiments. SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. For more information please visit www.spacedev.com.
TransCommunity Financial Corporation (OTC BB:TCYF) Current Price (6.60) www.AnalystStockReport.com GLEN ALLEN, VA---Mar 24, 2008 -- TransCommunity Financial Corporation (OTC BB:TCYF.OB - News) ("TFC") announced today that TFC's Board of Directors received letters from three of the Company's principal shareholders withdrawing their objections to the agreement to merge with Community Bankers Acquisition Corp. ("Community Bankers"). The three investors, Finstocks Capital Management IV, LLC holding 400,000 shares, or 8.7%, Northaven Management, Inc. holding 457,000 shares, or 9.9%, and Paragon Associates holding 445,000 shares, or 9.6%, have each advised TFC in writing that it intends to vote the shares owned by it for the proposed merger with Community Bankers. Copies of each of the letters are available as exhibits to each investor's Schedule 13D filed with the Securities Exchange Commission at www.sec.gov. TransCommunity Financial Corporation, through its subsidiaries, provides community and general banking services to individuals, small businesses, and professional firms in central Virginia. It attracts various commercial and retail deposit products, including checking accounts, savings accounts, money market accounts, and other time deposits. The company also offers loans secured by real estate, including commercial real estate loans, construction and development loans, and residential and home equity loans; loans for commercial purposes in various lines of business, including manufacturing, service industry, and professional service areas, as well as small business loans; and consumer loans to individuals for personal and household purposes, which consist of secured and unsecured installment loans, and revolving lines of credit. It operates in Powhatan, Goochland, Rockbridge, and Louisa counties of Virginia. The company was founded in 1999 and is headquartered in Glen Allen, Virginia.
AVAX Technologies, Inc.
(OTC BB:AVXT) Current Price (0.09) www.AnalystStockReport.com PHILADELPHIA--March 24--AVAX Technologies, Inc. (OTC Market:AVXT.OB) announces that its abstract, entitled, "Dose-response study of a cryopreserved, autologous, hapten-modified melanoma vaccine (MVax )," has been accepted for presentation at the annual meeting of the American Society for Clinical Oncology (ASCO) to be held May 30-June 3 in Chicago. The abstract was selected from the over 4,800 that were reviewed by ASCO's Scientific Program Committee this year. AVAX Technologies, Inc. is a biotechnology company with operations in the United States and Europe. The Company is engaged in the research, clinical and commercial development of biological products and cancer therapeutics. AVAX's AC Vaccine platform is a therapeutic cancer vaccine. In addition, the Company performs contract-manufacturing services for biological products for other pharmaceutical and biotechnology companies.
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