IRVINE, Calif., March 12, 2008 (PRIME NEWSWIRE) -- "As a company embarks on a journey to create market share and resulting revenue, adding a pedigree from an esteemed member of a target market is most beneficial. First, the company immediately enjoys the credibility of having someone steeped and knowledgeable joining the team, sending a signal to competitors and prospects that someone in-the-know sees the deal as viable. But there is also this individual's proverbial rolodex of contacts that becomes a core asset to the company," stated SmallCap Sentinel analyst D.R. Clark. "A perfect example of this type of move is the addition of Dr. Francis Harvey to the VIASPACE Inc. (OTCBB:VSPC) Advisory Board. Dr. Harvey served as the 19th Secretary of the Army and was responsible for the Department of the Army's annual budget, which was over $200 billion in 2007 alone."
The report "Homeland Defense and the Market" has been made available at www.SmallCapSentinel.com and will address the rise of homeland defense equities including Honeywell Intl., Inc. (NYSE:HON), Rockwell Collins, Inc. (NYSE:COL), Northrop Grumman Corporation (NYSE:NOC) and VIASPACE Inc.
"For a company dedicated to commercializing proven technologies from NASA and the US Department of Defense, this addition seems on its face, a potent one," Clark added.
VIASPACE has received a new contract from a defense contractor for software development of a suicide bomb detection system. VIASPACE Security has been selected to provide the overall software architecture and development of specific algorithms and operational software needed for bomb detection in a new multi-phased program.
An investor report on VSPC is available at:
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