VSPC
VIASPACE Subsidiary Delivers Fuel Cell Cartridges and Valves to Samsung PR NEWSWIRE Posted: 2008-03-26 05:32:15 PASADENA, Calif., March 26 /PRNewswire-FirstCall/ -- VIASPACE Inc . ( http:// www.viaspace.com ) (OTC Bulletin Board: VSPC), announced today that its Direct Methanol Fuel Cell Corporation ( DMFCC ) ( viaspace.com ) division has successfully delivered sample methanol fuel cell cartridges and interface valves to Samsung SDI. The DMFCC cartridges and valves have been integrated with Samsung SDI fuel cells in a portable electronics application.
Samsung SDI Co. Ltd., a world leading Samsung subsidiary company, produces plasma and liquid crystal displays, rechargeable lithium-based batteries, and has publicly demonstrated a notebook computer powered by a direct methanol fuel cell instead of a battery. Details of the cartridges and valves and their applications are confidential, but Samsung has now allowed DMFCC to make this announcement. Interactions with Samsung are ongoing.
VIASPACE CEO Dr. Carl Kukkonen stated, "We are delighted that our cartridges and valves have been able to meet Samsung's initial requirements. This project involved extremely tight deadlines for several months, and I'm quite proud of our team for meeting these milestones and keeping Samsung's development project on schedule. I particularly want to thank our manufacturing partner, Sato Group of Japan, for their outstanding work."
"We are looking forward to taking the necessary additional steps with Samsung in order to bring a methanol fuel cell cartridge to market," added Kukkonen.
Direct Methanol Fuel Cell Corporation produces disposable fuel cartridges that provide the energy source for portable electronics powered by fuel cells.
About VIASPACE: Originally founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please visit our website at viaspace.com , or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com . |