PASADENA, Calif. 9/11/2007 09:11 PM GMT (TransWorldNews)
Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), Adams Golf (OTCBB: ADGO), GlobalSCAPE (AMEX: GSB), Novelos Therapeutics, Inc. (OTCBB: NVLT), Mad Catz Interactive, Inc. (AMEX: MCZ)
Featured Stock: VIASPACE Inc.
Current Price (0.15)
VIASPACE PATENT APPLICATION EXPANDS CLAIMS TO HUMIDITY SENSING IN AUTOMOBILE EXHAUST SYSTEMS AND FACTORY EMISSIONS
PASADENA, CA.—September 10, 2007—VIASPACE Inc. (OTCBB: VSPC), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that its VIASPACE Energy unit filed a patent application for expanded claims for use of its new humidity sensor in the external sensing of humidity in exhaust streams of combustion emission gases and for sensing of humidity within a fuel cell system or a combustion device exhaust system.
The VIASPACE relative humidity sensor, the HS-1000 VIASENSOR, currently measures humidity in gas based fuel cells. VIASPACE Energy’s new patent claims expand the field to include measurement of humidity in emissions streams such as auto exhaust gases and smokestacks, and for internal humidity sensing in fuel cell systems or combustion device exhaust systems.
Fuel cells are very sensitive units in regard to the operating level of humidity. If the humidity is too high or too low, the fuel cell will either fail to operate, or operate at an unacceptable level of efficiency for commercial use. The HS-1000 VIASENSOR provides cutting edge, laser based readings of humidity in fuel cells directly from the gas line in near real time. VIASPACE has discovered similar interest in the level of humidity in combustion engine exhaust gases.
Dr. Carl Kukkonen, CEO of VIASPACE, reports, “We have been extremely pleased with the early success of global orders and the extremely high level of market interest in our new humidity instrument, the HS-1000 VIASENSOR. These new patent claims are based on early feedback we have received from discussions with several large automotive manufacturers and major manufacturers of auto industry instrumentation equipment. With this new patent application, we are adding to our existing large intellectual property portfolio concerning alternative energy products.
This patent describes several additional methods to allow consumers to verify the level of humidity within a fuel cell system such as that proposed to power fuel cell or hybrid energy automobiles. The patent further describes use of the device to measure levels of humidity in the emissions of exhaust gases common to combustion engine automobiles that we believe will be extremely valuable in the future. We will be expediting the development of these new versions of our HS-1000 humidity sensor in order to meet what we see as several large new market opportunities in alternative energy products. This patent enables us to rapidly expand our interests in alternative energy products, based on direct feedback of immediate and future needs from potential users.”
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. 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.
Press contact: Carl Kukkonen 626-768-3360
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, as amended, for the fiscal year ended December 31, 2006, and our Quarterly Report on Form 10-Q for the period ended June 30, 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.
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Current Price (2.09)
PLANO, Texas--Sept 10--Adams Golf (OTCBB:ADGO - News), the leader in hybrid iron technology and maker of the best selling hybrid iron franchise of all time, announces the launch of its new Idea a3OS Hybrid Irons. With the goal of creating the easiest-to-hit set of irons in golf, Adams Golf engineers integrated six hybrids with two cavity-back short irons to achieve results that the maximum-game improvement category has never seen. Built with Boxer Technology(TM), the latest breakthrough in hybrid shaping and performance, the Idea a3OS set delivers a category-leading MOI that translates into extreme forgiveness, increased ball speed for greater distance, and more spin resulting in a high-launch trajectory and more carry distance. A fluid transition through the set allows for consistent distance gapping so that the player has the perfect club for every shot. Adams Golf, Inc., through its subsidiaries, engages in the design, assembling, marketing, and distribution of golf clubs. The company offers drivers, fairway woods, irons, and wedges. It also offers putters, golf bags, hats, and other accessories. Adams Golf sells its products through golf shops, sporting goods retailers, mass merchants, and international distributors in the United States, Canada, Europe, Japan, Australia, and South America, as well as in other Asian regions. The company was founded in 1987 and is based in Wilmington, Delaware.
Current Price (4.10)
SAN ANTONIO--Sept 7-GlobalSCAPE (AMEX:GSB - News), leading the market in the integration of Managed File Transfer and Wide Area File Services technologies, announced today that Kelly E. Simmons will be joining the company on September 17, 2007 as its new Chief Financial Officer. GlobalSCAPE (AMEX: GSB - News) provides software-based file management, security and backup solutions that guarantee correct information is being delivered between employees, customers, and business partners. GlobalSCAPE's products are used by medium through Enterprise-sized companies, as well as companies with multiple office or campus locations in the Finance, Healthcare, Manufacturing, and Government industries. Headquartered in San Antonio, Texas, GlobalSCAPE is also the creator of CuteFTP, the most popular file transfer application on the market with more than 2 million customers. For more information, visit www.globalscape.com or call 800-290-5054 (US) or 210-308-8267 (international).
Novelos Therapeutics, Inc
Current Price (0.64)
NEWTON, Mass.--Sept 10--Novelos Therapeutics, Inc. (OTCBB: NVLT - News), a biopharmaceutical company focused on the development of therapeutics to treat cancer and hepatitis, today announced that Novelos was issued U.S. Pat. No. 7,169,412 by the U.S. Patent and Trademark Office extending the composition and method of use claims relating to NOV-002, Novelos' lead compound in pivotal Phase 3 trial for non-small cell lung cancer under a Special Protocol Assessment (SPA) and Fast Track. Novelos Therapeutics, Inc. is a biopharmaceutical company commercializing oxidized glutathione-based compounds for the treatment of cancer and hepatitis. NOV-002, the lead compound currently in Phase 3 development for lung cancer under a SPA and Fast Track, acts together with chemotherapy as a chemoprotectant and an immunomodulator. NOV-002 is also in Phase 2 development for chemotherapy-resistant ovarian cancer and early-stage breast cancer, and is in addition being developed for acute radiation injury. NOV-205 acts as a hepatoprotective agent with immunomodulating and anti-inflammatory properties. NOV-205 is in Phase 1b development for chronic hepatitis C non-responders. Both compounds have completed clinical trials in humans and have been approved for use in the Russian Federation where they were originally developed. For additional information about Novelos please visit www.novelos.com
Mad Catz Interactive, Inc.
Current Price (0.99)
NEW YORK--Sept 7 -- Video game accessory maker Mad Catz Interactive Inc. said Friday it bought Take-Two Interactive Software Inc.'s Joytech video game accessories subsidiary for about $3.7 million.Take-Two had previously said it intended to sell Joytech and its Jack of All Games subsidiaries.
Mad Catz Interactive, Inc., along with its subsidiaries, engages in the design, manufacture, marketing, and distribution of accessories for video game platforms. Its video game accessories and software are marketed under the Mad Catz and GameShark brand names. The company?s products include video game controllers and accessories, including control pads, game enhancement software, steering wheels, joysticks, memory cards, video cables, light guns, dance pads, microphones, car adapters, and carry cases. It also markets game enhancement software, distributes video game software, and publishes video game titles. The company markets its products in the United States, Canada, and Europe. Mad Catz Interactive was founded in 1989. The company was formerly known as Patch Ventures, Inc. and changed its name to Legacy Storage Systems International, Inc. in 1994. The name was further changed to Tecmar Technologies International, Inc. in 1996; to Xencet Investments, Inc. in 1998; to Games Trader, Inc.; to GTR Group, Inc. in 1999; and to Mad Catz Interactive, Inc. in 2001. The company is headquartered in San Diego, California.
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