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(OTC BB: VSPC)
Dr. Carl Kukkonen, CEO
VIASPACE Inc. (VIASPACE) is engaged in commercializing space and defense technologies from National Aeronautics and Space Administration (NASA) and the Department of Defense (DoD) into hardware and software products and applications. The Company operates in two divisions: VIASPACE Energy, which includes its ownership in a majority-owned subsidiary Direct Methanol Fuel Cell Corporation (DMFCC), and VIASPACE Security Inc. (VIASPACE Security). The Company also has a plurality stake in Ionfinity LLC (Ionfinity). As of December 31, 2007, the Company held a 71.4% ownership interest in DMFCC, a 100% ownership interest in VIASPACE Security, and a 46.3% ownership interest in Ionfinity. The Company also owns 73.9% of eCARmerce Inc. The Company also owns 100% of Concentric Water Technology LLC (Concentric Water).