PASADENA, Calif., Aug. 20 CA-VIASPACE-Contract
PASADENA, Calif., Aug. 20 /PRNewswire-FirstCall/ -- VIASPACE Inc.
(OTC Bulletin Board: VSPC) subsidiary Ionfinity has been awarded a $750,000
Phase II contract for its proposal entitled "Advanced Robotic Detection of
Chemical Agents, Toxic Industrial Gases, and Improvised Explosive Devices
(IED)s for Force Health Protection" submitted to the Army Small Business
Technology Transfer (STTR) Program. The contract was recently featured in
Defense News in an article entitled:
Sniffing Out Bombs From a Distance
Sensor Will Sample Air, Measure Molecules
By William Matthews
Published: 18 August 2008
In that article, Mr. Mathews is quoted as follows, " ... The Army has
hired several companies to build fast, super-sensitive detectors to protect
soldiers. One of them, Ionfinity, says it plans to build a sensor capable of
detecting roadside bombs from a distance of about 100 feet..."
Ionfinity's goal is to complete the process -- sampling, ionizing,
analyzing -- in about six seconds. Ionfinity expects to have completed field
demonstrations and be ready to begin production in about two years. The
company received a $750,000 contract from the Army's Small Business Technology
Transfer program.
Ionfinity's goal is also for its sensor to be able to transmit its
findings wirelessly to troops waiting at a safe distance. NASA's Jet
Propulsion Laboratory is among several organizations collaborating with
Ionfinity.
James Weiss, Chief Technology Officer for Ionfinity indicated that, "This
new sensor will change the paradigm used for future chemical detection and
analysis, making it much more convenient, sensitive, selective and timely."
About VIASPACE: 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. VIASPACE is located in Pasadena
California. For more information, please see http://www.VIASPACE.com, or
contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or
IR@VIASPACE.com.
This news release includes forward-looking statements. These
forward-looking statements relate to future events or our future performance
and involve known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance or achievements to
be materially different from any future results, levels of activity,
performance or achievements expressed or implied by these forward-looking
statements. Such factors include the risks outlined in our periodic filings
with the U.S. Securities and Exchange Commission, including our Annual Report
on Form 10-KSB for the fiscal year ended December 31, 2007, as well as general
economic and business conditions, the ability to acquire and develop specific
projects and technologies, the ability to fund operations, changes in consumer
and business consumption habits, and other factors over which VIASPACE has
little or no control.
SOURCE VIASPACE Inc.
