|
Article Excerpt
M2 PRESSWIRE-30 May 2008-WallStreetStockReview.com: Hot Stock List for Friday, May 30(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30052008
Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), nFinanSe Inc. (OTC BB:NFSE) , HLS Systems International, Ltd. (OTC BB:HLSYF) , AmeriChip International Inc. (OTC BB:ACII), USEC, Inc. (NYSE: USU)
Featured Stock: VIASPACE Inc.
(OTCBB: VSPC) Current Price (0.03) www.WallStreetStockReview.com
VIASPACE CEO OUTLINES THE BILLION DOLLAR PROFIT POTENTIAL FOR FUEL CELL CARTRIDGES
PASADENA, CA - May 28, 2008-VIASPACE Inc. (OTCBB: VSPC) today provided a brief overview of both fuel cells as well as the business model for fuel cell cartridges which VIASPACE's subsidiary, Direct Methanol Fuel Cell Corporation ("DMFCC"), is pursuing. VIASPACE and DMFCC CEO, Dr. Carl Kukkonen, states, "Fuel cartridges are the consumable in the fuel cell business. Fuel cells are like a razor with fuel cartridges as the razor blades. VIASPACE and DMFCC are helping to build a new industry that, while it does not exist today, has the potential to produce tens of billions of dollars in revenue over the next five years. "
"If the large portable electronic OEMs are successful in developing fuel cell powered portable electronics, five to 10 billion cartridges per year could be sold with potential profits exceeding $1 billion per year. There are plenty of risks, but the potential profits are huge."
An overview of both fuel cells and the cartridges business model is outlined below.
1. Fuel cells are electrochemical engines that produce electricity directly from the fuel without burning. Electricity is made very efficiently and fuel cells are a green technology 2. The first market for fuel cells is likely to be in portable electronics. Compared to batteries, fuel cells enable a longer device operating time in addition to instant recharging, by replacing the disposable fuel cartridge without the need for an electrical plug and several hours to recharge. The convenience and increased productivity of new power-hungry portable electronic devices such as smart phones currently drives the market.
3. Direct methanol fuel cells seem to represent the fuel cell of choice by most portable electronics manufacturers. Samsung, Sony, Toshiba, Hitachi, Panasonic and other large OEMs have already demonstrated that notebook computers, mobile phones and other devices can be powered by...
|
|
More articles from M2 Presswire
The Analysis of Rockwell Automation is a complete and comprehensive an..., May 30, 2008
Better access to justice for park home residents., May 30, 2008
Riverdance - Progress on dismantling., May 30, 2008
Embracing Financial Globalisation., May 30, 2008
Telekom Austria selects Alcatel-Lucent to enrich IPTV offering., May 30, 2008
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
