IRVINE, Calif., April 13, 2007 (PRIME NEWSWIRE) -- "For small cap companies, picking the right partners as they execute their business plans serves two critical purposes," stated SmallCap Sentinel analyst D.R. Clark. "It enables the company to continue in their corporate development by using these outside resources and it can also send a signal to investors that other companies find them qualified and viable. In the interests of creating new global markets, picking the right regional partner is even more critical."
"In this regard, VIASPACE Inc. (OTCBB:VSPC), a company dedicated to commercializing proven technologies from NASA and the U.S. Department of Defense, announced that Tokai Bussan Co., Ltd. of Nagoya, Japan and VIASPACE have signed a teaming agreement. The deal will include collaboration on software development of VIASPACE Security products and distribution for both VIASPACE's Energy Products line of test equipment and VIASPACE's subsidiary, Direct Methanol Fuel Cell Corporation's line of fuel cell cartridges and other fuel cell products," Clark noted.
"This association should enhance the company's efforts in the Asian market," Clark noted. "Soon after, VIASPACE followed-up with an announcement that two of Caltech's pending direct methanol fuel cell patents had been issued in Japan," Clark added.
A report regarding VIASPACE is available at Growth Stock Analyst:
The report "Homeland Defense and the Market" has been made available at www.SmallCapSentinel.com and will address the rise of homeland defense and security companies in the post 9/11 market including Honeywell Intl Inc. (NYSE:HON), Rockwell Collins, Inc. (NYSE:COL), and Northrop Grumman Corporation (NYSE:NOC), and VIASPACE Inc.
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