AllPennyStocks.com Provides Update On VIASPACE Inc.


MISSISSAUGA, Ontario, Dec. 6, 2006 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, provides an update on a previously spotlighted company VIASPACE Inc. (OTCBB:VSPC).

The update was given as a result of Raytheon Company's Network Centric Systems and VIASPACE Inc. recently signed a teaming agreement that will include collaboration on sensor and data fusion and real-time diagnostic solutions aimed at homeland security and national defense applications.

VIASPACE Inc., founded in July 1998, is a company that works to transform proven space and defense technologies from NASA and the U.S. Department of Defense into innovative products that the Company believes fulfill high-growth market needs and solve today's complex problems. Through its three subsidiaries -- Arroyo Sciences, Ionfinity, and Direct Methanol Fuel Cell Corporation (DMFCC) -- VIASPACE has a diversified high tech portfolio that includes microelectronics, sensors, homeland security & public safety, energy/fuel cells, information & computational technology, RFID, e-finance, and mobile e-commerce.

The complete updated VSPC profile can be viewed at: http://www.allpennystocks.com/apsc/us/stock_profiles/vspc.htm

About AllPennyStocks.com Media Inc.:

AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.

Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on VIASPACE Inc. (OTCBB:VSPC). The amount is three thousand five hundred dollars in March 2006 by a non-affiliated third-party, MW Media Inc. and three thousand dollars in October 2006 by a non-affiliated third-party, Equity Alliance International for its efforts in presenting the VSPC profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/vspc.htm.



            

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