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SmallCapStockAlert.com: (OTCBB: VSPC), ACSD program Receives
Additional Funding
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:09102007
Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), Matrixx Resource
Holdings, Inc. (OTC BB:MXXR) , HealthSport, Inc. (OTC BB:HSPO) ,
NationsHealth, Inc. (Nasdaq:NHRX) , Advanced Battery Technologies, Inc.
(OTC BB:ABAT)
Featured Stock: VIASPACE Inc. (OTCBB: VSPC) Current Price (0.12)
www.SmallCapStockAlert.com
VIASPACE Security Receives Additional Funding for Advanced Container
Security Device Contract Monday October 8, 2:30 am ET PASADENA,
CA----Oct 8, 2007 -- VIASPACE Inc. (OTC BB:VSPC.OB - News), a company
commercializing proven technologies from NASA and the US Department of
Defense, reported that its wholly owned subsidiary, VIASPACE Security,
has again received additional funding on its contract from L3
Communications for the integration of software and hardware and final
testing of the Advanced Container Security Device (ACSD). The ACSD
program is funded by the US Department of Homeland Security.
This is the second addition of funds for VIASPACE Security to expand
its role in Phase II which includes acoustic and sensor data
collection, noise identification and suppression, as well as
development, adaptation and testing of the specific algorithms
associated with each of the hardware sensors contained in the ACSD
device.
VIASPACE Security is pursuing port and container security opportunities
such as the ACSD program, as part of its overall strategic focus to
develop high performance, real-time inference and sensor data
fusion-based solutions leveraging SHINE technology. VIASPACE has an
exclusive license from Caltech to commercialize NASA's SHINE real-time
inference engine technology for most major applications including
maritime security, homeland defense and diagnostics/prognostics.
According to the American Association of Port Authorities, the US
relies on 13 to 15 ports to handle its imports and exports, which add
up to over $1.3 billion worth of goods moving in and out of US ports
daily. The US port system is responsible for moving over 99% of the
country's international trade by volume and 61% by value. Some 2
billion tons of cargo are moved annually and this volume is expected to
double in the next 15 years. Worldwide, there are 3,000 ports employing
millions of workers that handle 40,000 ships transporting billions of
dollars of cargo every day.
AJ Abdallat, President of VIASPACE Security, commented: "We are
delighted to be continuing our efforts in support of L3 Communications
and the Department of Homeland Defense on this critical port and
container security program. We see this as a tremendous opportunity for
VIASPACE Security. We believe that our sensor data fusion technology
will play a key role in technology solutions to improve the security of
seaports and cargo worldwide. We are also using our proprietary
technology and system design capabilities to develop leading edge
maritime security solutions and establish a leadership position in this
growing market." The ACSD program is one of several major initiatives
on the part of the Department of Homeland Defense. VIASPACE Security is
targeting this growing market, pursuing opportunities where real-time
sensor fusion technology can deliver substantial benefit in securing
ports and cargo. The Department of Homeland Defense has spent $28
billion over the 22-month period ended in August 2006 on
security-related goods and services in all areas including seaport
security while issuing more than 115,000 contracts.
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 www.VIASPACE.com, or contact
Investor Relations, Dr. Jan Vandersande, Director of Communications at
800-517-8050, or IR@VIASPACE.com. For past press releases, please
visit: http://www.viaspace.com/press_release.php.
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.
Contact: Press contact: Carl Kukkonen 626-768-3360
Source: VIASPACE Inc.
For an in-depth analyst report, please visit :
www.SmallCapStockAlert.com
Matrixx Resource Holdings, Inc. (OTC BB:MXXR) Current Price (0.0006)
www.SmallCapStockAlert.com LOS ANGELES, CALIFORNIA----Oct 8, 2007 --
Matrixx Resource Holdings, Inc. (OTC BB:MXXR.OB - News) announced today
that it has signed an MOU whereby it agrees in principle to acquire a
10% interest in five oil and gas leases in the Gulf of Mexico. Matrixx
has remained steadfast in its efforts in acquiring growth and
investment opportunities in the oil and gas sector with the intent of
providing the Company and its shareholders a much-improved increase in
shareholder value. Additionally, the Company is positioning itself to
aggressively exploit its' properties to accelerate cash flow and to
provide rapid returns on its investments in the oil and gas sector.
HealthSport, Inc. (OTC BB:HSPO) Current Price (1.44)
www.SmallCapStockAlert.com AMHERST, N.Y., Oct. 8, 2007 -- HealthSport,
Inc. (OTC BB:HSPO.OB - News) announced today that it has signed a
distribution agreement with Club Warehouse Sports Medical Supplies
(CWSM) for sale of the new Enlyten(tm) SportStrips(tm)
(http://enlytenstrips.com) electrolyte replenishment product in
Australia. CWSM is one of Australia's largest distributors of sports
medical, rehabilitation and first aid products. This agreement,
HealthSport's first international distribution agreement, lands on the
heels of recent HealthSport domestic agreements with U.S. sporting
goods retailers Sports Authority and Dick's Sporting Goods. It also
represents the first time Australian athletes will be able to purchase
and experience the performance benefits offered by the Enlyten
SportStrips. HealthSport (http://www.healthsportinc.com) is a fully
integrated developer, manufacturer and marketer of unique and
proprietary branded and private label edible film strip nutritional
supplements and over-the-counter drugs. The Company owns two
subsidiaries -- Enlyten, Inc. and InnoZen, Inc. Enlyten was created to
market and distribute HealthSport's products. InnoZen
(http://www.innozen.com) is the preeminent formulator, developer and
manufacturer of edible film strips that deliver drug actives through
buccal (between the cheek and gum) absorption. InnoZen's proprietary
edible film strip delivery technology is superior to any other
competitive edible film strips currently on the market. InnoZen has
five patents pending and has developed numerous trade secrets which it
incorporates in the development and manufacturing process of edible
film strips. The company's Enlyten(tm) SportStrips(tm)
(http://enlytenstrips.com), an edible film electrolyte strip, has
recently undergone and completed pre-market testing conducted in
conjunction with physicians and scientists at Duke University Sports
Medicine & The Michael W. Krzyzewski Human Performance Laboratory (''K
Lab'') (http://klab.surgery.duke.edu). Preliminary findings of these
tests suggest that the Enlyten electrolyte strip delivers meaningful
amounts of electrolytes to the body in a safe, fast and effective
manner.
NationsHealth, Inc. (Nasdaq:NHRX) Current Price (0.70)
www.SmallCapStockAlert.com SUNRISE, Fla.--Oct 5--NationsHealth, Inc.
(Nasdaq: NHRX - News) announced today that on October 2, 2007, it was
advised by the Nasdaq Listing Qualifications Department that for at
least 30 consecutive business days, the closing bid price of the
Company's common stock was below the minimum $1.00 per share
requirement for continued inclusion on The NASDAQ Capital Market under
Marketplace Rule 4310(c)(4) ("the Rule"). NationsHealth seeks to
improve the delivery of healthcare to Medicare and managed care
beneficiaries by providing medical products and insurance related
services. NationsHealth provides home delivery of diabetes supplies,
medications and other medical products to patients across the nation.
In addition to its medical products business, NationsHealth also
provides education, marketing, enrollment and patient service to
insurers offering Medicare Part D prescription drug plans and other
Medicare insurance coverage. NationsHealth has an agreement with CIGNA
to service its Medicare Part D prescription drug plans nationally. For
more information please visit http://www.nationshealth.com.
Advanced Battery Technologies, Inc. (OTC BB:ABAT) Current Price (8.84)
www.SmallCapStockAlert.com NEW YORK, NY and HARBIN, CHINA----Oct 8,
2007 -- Advanced Battery Technologies, Inc. (OTC BB:ABAT.OB - News)
previously announced that its common shares had been approved for
listing on the American Stock Exchange ("AMEX"). The Company further
advises shareholders and other market participants that its shares are
expected to commence trading on American Stock Exchange on Tuesday,
October 9, 2007. Cohen Specialists, LLC has been designated as trading
specialist. Cohen Specialists, LLC is located at 2 Rector Street, New
York, NY 10006 (Telephone Number 212-406-9317; Fax number
212-406-9309). Advanced Battery Technologies, Inc., through its
indirect subsidiary, Heilongjiang ZhongQiang Power-Tech Co., Ltd.,
engages in the design, manufacture, and marketing of rechargeable
polymer lithium-ion (PLI) batteries in China. Its products include
rechargeable PLI batteries for electric automobiles, motorcycles,
mine-use lamps, notebook computers, walkie-talkies, and other personal
electronic devices. The company markets its products in southeast Asia,
primarily China, Taiwan, and Japan. Advanced Battery was incorporated
in 1984 and is based in Flushing, New York.
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