2008-07-14 23:42:16 -
VIASPACE Inc. (OTC Bulletin Board: VSPC - News), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions. VIASPACE Inc., announced last week that it has entered into an exclusive distribution agreement with GasHub of Singapore for Fuel Cell Test Stations and carbon based Bi-Polar plates. The Fuel Cell test stations that can test hydrogen, liquid and solid based fuel cells are an expanding portion of the $54 Billion clean energy market. VIASPACE produces the VIASPACE HS-1000 VIASENSOR
which provides real-time measurements of the amount of water vapor in gas streams and can be utilized within a fuel cell test station.
VIASPACE CEO Carl Kukkonen stated, "We are very pleased with this new agreement, granting VIASPACE exclusive rights to distribute these products in the U.S. and Asia. The efforts we have put into establishment of a global distribution network now will give us the opportunity to make major expansions to our fuel cell instrument product line without further investment in research and development. They also provide an opportunity to sell a VIASENSOR to every customer we call on to discuss fuel cell test stations as well."
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Other Stocks to Watch: Universal Energy Corp. (OTC BB: UVSE) closed up 31.22% at 0.026, NVIDIA (NASDAQ: NVDA) closed down 4.54% at 11.14, Golden Star Resources Ltd. (AMEX: GSS) closed up 0.80% at 2.52, Omnicom Group Inc. (NYSE: OMC) closed up 0.37% at 40.80
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