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Intellectual Property Assets
Provide Foundation for Growth at VIASPACE, Inc. by Greg Moses - AllPennyStocks.com News Reporter
November 15, 2006 (AllPennyStocks.com Media Inc.) -
Intellectual Property rights offer firms a huge advantage
vis-à-vis their competition both in terms of new product
development, as well as in the use or license of the idea. The
holder of the legal entitlement is able to leverage its
business model, as it gains the exclusive rights to the
subject matter.
Holding over 100 licensed and proprietary patents, VIASPACE,
Inc.
(OTCBB: VSPC), founded in 1998; is a High Tech Industry
Leader. The Company is a leader in the successful
commercialization of innovations in information technologies,
physical sciences, and the life sciences. Ideas originally
developed, in part, and brought forward from academic research
institutions and national laboratories.
In fact, core strength of the Company rest in its depth and
diversity that spans several disciplines. Each area of the
Company is focused on the business application potential of
proven technologies originally developed with NASA and the US
Department of Defense. For example, VSPC benefits greatly from
the patent and software licenses that it holds from Caltech,
operator of NASA's Jet Propulsion Laboratory.
VIASPACE, Inc. operates with three key subsidiaries. One
very promising subsidiary is its Direct Methanol Fuel Cell
Corporation (DMFCC). VSPC holds a majority interest in the
Company which has positioned itself as a leading provider of
methanol fuel cartridges.
Fuel cells are expected to gain substantial market share,
as they offer longer operating time when compared to lithium
ion batteries. Plus, devices can be instantly recharged by
simply replacing the disposable fuel cartridge.
Portable electronic devices such as notebook computers and
mobile phones are expected to be powered by fuel cells in the
not so distant future. Already, Toshiba, Hitachi, Fujitsu,
Samsung, and Sanyo have shown prototypes of fuel cell powered
laptops.
On the Marketing front, the Company is looking to expand
rapidly into the Japanese market. VSPC has retained Denda
Associates to provide consulting and business development
expertise, in that effort. Denda will introduce VIASPACE, and
its fuel cell
Subsidiary, to key industry leaders in Japan.
Direct Methanol Fuel Cell Corporation already has licensed
more than 56 issued and 62 pending patents on this advanced
technology from Caltech. The Business Unit has just filed an
additional patent application for a miniature fuel cartridge
valve. The valve will control the release of fuel from the
cartridge. As the fuel cell and cartridge both must contain
valves; this patent application compliments a previous patent
application on the fuel cell valve.
It is anticipated that fuel cells will have strong upside
recurring revenue potential as well, as they are disposable.
Consumers will use fuel cells much like disposable alkaline
batteries, cigarette lighters, or printer cartridges.
Another key VIASPACE subsidiary is its wholly owned
subsidiary, Arroyo Sciences, Inc. which focuses on inference
and sensor data fusion technology. This Business Unit has both
commercial and homeland security applications.
Here again, Intellectual Property plays a key role in the
success of Arroyo. Key Company building blocks were developed
at NASA/JPL and licensed from Caltech. This includes the
commercialized license to a software program called SHINE.
Homeland Security represents a huge opportunity for the
Company. Homeland Security applications include maritime and
port security, improvised explosive detection, ordinance
remediation, first responder safety, and supply chain. Arroyo
Sciences was awarded a contract to provide sensor data fusion
software as part of a Homeland Security effort to enhance port
security.
A third subsidiary, Ionfinity LLC, has been recently
awarded a Phase II STTR contract extention which includes
additional funding by the U.S. Air Force. The Contract held
jointly with Aerospace Corp. and NASA Jet Propulsion
Laboratory involves a soft ionization membrane. The membrane
serves as a micro ion engine for micro and nano satellite
station keeping.
Ionfinity LLC is a Company working to develop next
generation mass spectromotry technology based on fundamental
inventions made at NASA's Jet Propulsion Laboratory. The
future of advanced mass spectromotry will allow for the easy
detection of chemical and biological warfare agents,
narcotics, and explosives.
The Ionfinity LLC System is designed to allow high
sensitivity and specificity in a portable system in the size
of a carry-on suitcase in the near-term and a shoe box or
smaller size in the future. With its projected ruggedness, low
power consumption and cost, the system could be deployed for
many applications, where monitoring of air, water or other
substances is required.
VSPC is well positioned for growth with Private Financing
in place and available for business expansion. In one recent
transaction, the Company announced a $3.8 million dollar
debenture. In another separate standby transaction, the
Company entered into a 36 month Standby Equity Distribution
Agreement for up to an additional $20 million in common stock
equity financing.
All being said, it is easy to see that VIASPACE, Inc. is
not the typical OTC bulletin board or micro-cap firm. VSPC is
clearly a strong and solid high technology leader.
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