Traders of the Caribbean

[bigdaddyc25]

VSPC NEWS OUT:

VIASPACE Subsidiary Inter-Pacific Arts Increasing Sales, Expanding Distribution of Framed Art
Signs Large East Coast Retailers, Furniture Wholesalers

Press Release
Source: VIASPACE Inc.
On 8:30 am EDT, Monday October 26, 2009
Buzz up! 0 Print
Companies:VIASPACE Inc.
IRVINE, Calif., Oct. 26 /PRNewswire-FirstCall/ -- VIASPACE Inc. (OTC Bulletin Board: VSPC - News) announced that its framed-art subsidiary Inter-Pacific Arts (IPA) has signed sales contracts with four new customers including two large furniture chain-retailers on the East Coast and two high-volume furniture wholesalers that sell through catalogs and outlet stores. Shipments are expected to begin before this year's holiday season.

IPA is also in discussions with other retailers and wholesalers, including "big box" wholesale-to-the-public membership clubs.

The economic downturn has affected all areas of consumer spending, but IPA's strategy to continue to increase its customer base is expected to enhance sales growth in future periods, as economic activity and consumer spending recover.

IPA President Sung Chang commented: "We see the current situation as an opportunity to expand our distribution network. To realize this growth opportunity, we are increasing focus on our competitive strengths -- high-quality artwork, product selection, and pricing -- to not only attract new customers but also retain existing customers. Our ability to fulfill high-volume orders and make timely deliveries were also key factors in signing our newest customers. Overall, we feel our commitment to customers places IPA in an excellent position for long-term growth."

VIASPACE Chief Executive Carl Kukkonen added: "Our framed art is of the highest quality, and each customer receives a unique product in terms of the art, mattes and frames. Furthermore, we guarantee that all royalties have been paid to the artists, which are important considerations for our customers and differentiate IPA from companies that mass-produce low-end framed art, or use unauthorized prints that violate copyright law. "

About VIASPACE Inc.

VIASPACE is an alternative energy company providing products and technology for renewable and clean energy that reduce or eliminate dependence on fossil and high-pollutant energy sources. The Company provides raw material for cellulosic biofuels and develops and markets fuel cell cartridges, products and technology. VIASPACE subsidiary Direct Methanol Fuel Cell Corporation owns a portfolio of fuel cell patents licensed from Pasadena-based California Institute of Technology (Caltech), which manages NASA's Jet Propulsion Laboratory, where the direct methanol fuel cell was invented. For more information, please see www.VIASPACE.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or [e-mail].

Safe Harbor Statement: Information in this news release includes forward-looking statements. These forward-looking statements relate to future events or 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, without limitation, risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including Annual Report on Form 10-K for the year ended December 31, 2008, as well as general economic and business conditions; the ability to acquire and develop specific products and technologies; changes in consumer and business demand for the Company's products; competition from larger companies; changes in demand for alternative and clean energy; risks associated with international transactions; risks related to technological change; and other factors over which VIASPACE has little or no control.