VIASPACE Achieving Objectives in Security Sector and Expanding Into New Industries

VIASPACE Achieving Objectives in Security Sector and Expanding Into New
Industries

PASADENA, Calif., April 17 /PRNewswire-FirstCall/ -- VIASPACE Inc.
(OTC Bulletin Board: VSPC) today announced the company is advancing on its
objectives in the global market for defense and commercial security solutions
and targeting additional opportunities in new industries. VIASPACE's Security
division is fulfilling key customer contracts, securing additional deals,
offering a new line of perimeter security solutions, targeting new industries,
and globalizing operations with customers and teaming partners in the United
States, Middle East and Asia.
Leveraging proven, highly innovative real-time sensor data fusion and
inference engine technology developed by NASA and licensed exclusively to
VIASPACE, wholly owned subsidiary VIASPACE Security, Inc. develops solutions
for the defense, commercial and homeland security markets worldwide.
VIASPACE Security has teamed with a major radar/IR hardware platform
manufacturer in the perimeter security sector to resell and add value to the
Area Intrusion Monitoring System (AIMS) family of radar security surveillance
solutions. The technology is used to monitor critical infrastructure in
airports, seaports, borders, military installations and other sensitive
perimeters. VIASPACE is pursuing multiple opportunities to build on the AIMS
platform utilizing its SHINE sensor fusion and inference engine technology to
create new leading edge perimeter security solutions. The company is engaged
with and developing demonstrations for a number of potential customers.
VIASPACE Security is quickly moving forward with short to medium term
sales opportunities for these advanced perimeter security solutions. A
demonstration unit had been ordered, and the company has added key software
and hardware staff to support these efforts. The company is in talks with
owners of high profile infrastructure including major international airports,
seaports and nuclear power plants and has received interest from the U.S.
Armed Forces. VIASPACE is also working with a number of major players in the
aerospace and defense industries including companies equivalent in size and
systems integration capability to Boeing, Raytheon, Northrop Grumman and SAIC.
In January VIASPACE Security received a new blanket purchase agreement from
the Inter local Purchasing System (TIPS) and Texas-Arkansas Purchasing System
(TAPS), making the company eligible to sell to 1500+ local, regional and state
government authorities in Texas and Arkansas. The company is also teaming with
Raytheon Company's Network Centric Systems on security and surveillance
applications.
VIASPACE Security is currently executing on contracts for key customers.
The company has been awarded a contract for IED technology. As announced,
VIASPACE Security has been selected to provide the overall software
architecture and development of specific algorithms and operational software
needed for IED detection in this new program. VIASPACE Security recently
fulfilled its Phase II contract from L3 Communications for software
architecture, integration of software and hardware and final testing for the
Advanced Container Security Device (ACSD) program, which is funded by the US
Department of Homeland Security. The container breach detection systems have
been delivered and are being tested by DHS. VIASPACE twice received additional
funding and expanded its role in Phase II and looks forward to the next phase
of the program.
VIASPACE Security is also branching out into new industries. The company
recently commissioned a comprehensive market analysis to identify the most
prospective and immediate customers and applications for its SHINE technology.
Sensor fusion combines large volumes of data and inferences derived from
multiple sources and sensors to generate reliable decision-support information
in applications where speed, accuracy and ease of deployment are critical.
VIASPACE's SHINE sensor fusion inference engine can process 1,500+ billion
rules per second on desktop class computer processors-dramatically
outperforming other comparable commercial technology-and is the only inference
engine small enough to be deployed on a chip.
The market study validated SHINE's value in a wide range of applications
including diagnostics and prognostics, factory automation and plant
management, onboard automotive sensors, aviation sensors, global positioning
systems, mobile devices, gaming, switching and routing systems and medical
monitoring. VIASPACE is also working to develop several solutions for major
corporations outside the United States, utilizing its increased staff and
agents in Asia, the Middle East and elsewhere.
VIASPACE CEO Dr. Carl Kukkonen commented: "Our VIASPACE Security division
is working hard to achieve rapid growth. We are successfully executing on our
existing defense and homeland security contracts and actively negotiating for
others. Adding the AIMS perimeter security platform to our sales arsenal
provides VIASPACE with an additional revenue stream, a market-tested platform
on which to build game changing perimeter security solutions, and an existing
customer base to target. We are also expanding into growing industries where
our proprietary inference engine and sensor fusion technologies can provide
significant competitive advantage for customers."
Dr. Kukkonen continued: "While we are bound by confidentiality agreements
that prevent us from disclosing names and specifics at this time, VIASPACE is
engaged with important potential customers and teaming partners in the U.S.,
Japan, China, Malaysia, Taiwan and the Middle East. We are extremely pleased
with the interest and feedback VIASPACE technology solutions have generated
among some very major players in the security and other industries and are
moving forward to seize these opportunities."
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 www.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.

investor relations, Dr. Jan Vandersande, Director of Communications,
1-800-517-8050, IR@VIASPACE.com; or media relations, Dr. Carl Kukkonen, CEO,
+1-626-768-3360, both of VIASPACE Inc.