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Article Excerpt M2 PRESSWIRE-30 April 2007-OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for April 30th VSPC, PZZL, MLPH, MAKU, CYRX(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:30042007
Our Stocks to Watch today include Viaspace Inc(OTCBB: VSPC), Pizza International Inc (OTC: PZZL), Molecular Pharmacology (OTCBB: MLPH), Makeup.com Ltd(OTCBB: MAKU), CyroPort Inc(OTC: CYRX)
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VIASPACE, INC. (OTCBB: VSPC)
Detailed Quote: http://www.otcpicks.com/quotes/VSPC.php
Company Profile: http://www.otcpicks.com/profiles/vspc/index.php
Company Web Site: http://www.viaspace.com
VIASPACE (OTCBB: VSPC), founded in July 1998, is a company that works to transform proven space and defense technologies from NASA and the US 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--VIASPACE Security, Inc., 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.
VIASPACE has licensed patents and software technology from the California Institute of Technology (Caltech), which manages the Jet Propulsion Laboratory (JPL) for NASA. This technology was developed by scientists and engineers at JPL over the last decade and was funded by NASA and the Department of Defense. VIASPACE plans to leverage this large government R&D investment - made originally for space and defense applications - into commercial products. The company currently focuses on technologies originally developed for NASA and the US Department of Defense that have already reached a certain stage of maturity. Initial investments in these technologies amount to millions of dollars and many years of R&D, enabling VIASPACE to manage the commercialization process with only a modest additional investment and greatly reduced technical risk.
VSPC News:
April 25 - VIASPACE Building on NASA Sensor Fusion Technology to Develop Solutions for Growing Homeland Security Market
VIASPACE Inc. (OTC Bulletin Board: VSPC), announced that the company is identifying and pursuing opportunities to develop next generation real-time inference, expert system and sensor data fusion-based security solutions for the growing homeland security market. Leveraging its highly innovative SHINE inference engine technology originally pioneered by NASA, VIASPACE is targeting border, port, maritime and aviation security applications. VIASPACE holds the exclusive worldwide license from Caltech to commercialize SHINE technology for homeland security applications.
The homeland security market continues to demonstrate strong growth, with worldwide procurement spending by governments and the private sector reaching $55 billion for fiscal year 2006, with $31 billion spent by the United States, according to a research report published by Civitas Group LLC ('The Homeland Security Market', November 2006). The firm predicts the market will continue to grow at a steady combined annual growth rate of between 8 and 10%, with the addressable U.S. market projected to be worth approximately $140 billion over the next five years.
The Civitas survey points to continued demand for sophisticated security technology solutions and security services within the U.S. and global markets....
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