TMCnet News

OTCtipReporter.com: VIASPACE Inc. (VSPC), CounterPath Corporation (CPAH): Sign up for our FREE Stock Picks Today!
[November 09, 2011]

OTCtipReporter.com: VIASPACE Inc. (VSPC), CounterPath Corporation (CPAH): Sign up for our FREE Stock Picks Today!


(M2 PressWIRE Via Acquire Media NewsEdge) Join us at www.OTCtipReporter.com for a complimentary subscription to the most exciting online financial newsletter.

___________________________________________________________________________ Find out the Buzz on all the Hottest stocks at: http://www.OTCtipReporter.com Giant King Grass Targeted as Fuel for Planned 90 MW Biomass Power Plant in Thailand VIASPACE and Seema Energy Sign MOU and Test Plot Agreement IRVINE, Calif. and BANGKOK, Nov. 7, 2011 -- VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King(TM) Grass as a dedicated energy crop, and its subsidiaryVIASPACE Green Energy Inc. (OTC Bulletin Board: VGREF), today announced that the Company has signed a Memorandum of Understanding (MOU) with Seema Energy Co., Ltd, a renewable energy development company based in Thailand to jointly develop the detailed plan for a Giant King Grass plantation to fuel Seema's proposed 90 MW biomass power plant.



VIASPACE and Seema will initially jointly develop a test plot to optimize cultivation of VIASPACE's proprietary Giant King(TM) Grass in Thailand. The MOU provides for the supply of seedlings and development of a 2 hectare (5 acre) testing facility to assess and optimize Giant King Grass cultivation under Thai climate conditions. Giant King Grass has already been successfully grown in China.

Giant King Grass has similar characteristics to sugar cane but is not a food crop as it develops cellulosic material rather than sugar. It has been demonstrated to have the highest energy yield per hectare of potential energy crops.


Dr. Carl Kukkonen, CEO of VIASPACE remarked: "This is a landmark agreement for VIASPACE to support the largest biomass power project being developed in Asia. Thailand is implementing a new Feed-In Tariff as foreshadowed in the Cabinet announcement last summer and we expect this to extend to support energy crop projects. The agreement with Seema Energy provides a platform for significant growth forVIASPACE in Thailand and South East Asia." Duncan Ritchie, CEO of Aequero and a Director of Seema Energy said: "Seema Energy is very pleased to take this first step with VIASPACE. We look forward to completing the test phase and building on this agreement to use VIASPACE's Giant King Grass to supply Seema Energy's first 90 MW biomass power plant in Nakhon Ratchasima and for subsequent projects developed by Seema. There is huge potential for biomass power generation in Thailand and ASEAN countries. Seema Energy's innovative captive, dedicated energy crop concept will provide fuel supply security, addressing a key risk in biomass projects." Aequero, an Asia-based boutique development and financial advisory firm with a primary focus on the energy and infrastructure sectors, is advising Seema Energy on its project.

"This is also an important project for Thailand," said Pongchat Limvichit, Director of Seema Energy, and added, "as it paves the way for Thailand to access a domestically developed and grown energy source and provide an energy hedge against increasingly volatile conventional energy commodities such as gas and coal. This is especially important for Thailand which faces difficulties in developing conventional energy projects - in particular coal-fired power plants" The government of Thailand has set a target of 3,700MW of biomass capacity by 2022. Only 1,700MW have been awarded so far with only a fraction of this capacity actually in operation. The Thai cabinet has approved a move to replace the present 'Adder' mechanism for renewable energy with a more effective Feed-In Tariff regime with a priority to promote biomass generation and, in particular, biomass generation from dedicated energy crops.

Seema Energy is developing the first 90MW dedicated energy crop biomass project in Thailand. The project will use up to 930,000 tonnes of Giant King Grass per annum (at 35% moisture content). Seema Energy is presently in discussions with potential EPC contractors and suppliers with experience in biomass projects and with the Thai energy market. The project is expected to achieve financial close in 2012 and achieve commercial operation in 2014.

Seema Energy's project will provide more than 2,000 jobs for farmers and local communities in the northeast of Thailand, principally for the management of up to 9,000 ha of Giant King Grass plantations.

About VIASPACE Inc.

VIASPACE is a clean energy company providing products and technology for renewable and alternative energy that reduce or eliminate dependence on fossil and high-pollutant energy sources. Through its majority-owned subsidiary VIASPACE Green Energy Inc., the Company grows Giant King Grass as a low-carbon fuel for electricity generating power plants, pellets, as a feedstock for bio methane production and cellulosic biofuels such as ethanol and butanol, and for biochemicals and bioplastics. For more information, please go towww.VIASPACE.com or www.VIASPACEGreenEnergy.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or [email protected].

About Seema Energy Co., Ltd.

Seema Energy is a Thai registered company that is developing a series of captive, dedicated energy crop renewable energy projects in Thailand. The first of Seema Energy's projects is a 90 MW (net) project in Nakhon Ratchasima that will use Giant King Grass to supply 3 x 30 MW (net) boilers to generate electricity which will be sold to the Thai grid under a long term off-take agreement.

About Aequero Aequero is a boutique development and financial advisory firm headquartered in Hong Kong. Aequero advises private developers, financial investors and governments on the development and financing of transactions in the energy and infrastructure sectors, including public-private partnerships (PPPs), with a primary focus on Asia. Aequero is acting as development and financial advisor to Seema Energy and has a 47% shareholding in Seema Energy. Additional information about Aequero is available at www.aequero.com.

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, 2010, 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.

___________________________________________________________________________ Visit www.OTCtipReporter.com GENBAND and CounterPath Extend A2 Unified Communication Services to Mobile and Tablet Subscribers FRISCO, TX and VANCOUVER, Nov. 8, 2011 -- GENBAND, a leading developer of IP infrastructure and application solutions, and CounterPath Corporation (TSX-V: CCV) (OTCBB: CPAH), an award-winning provider of innovative desktop and mobile VoIP software products and solutions, today announced that they have entered into a strategic, long-term agreement to provide mobile client solutions forGENBAND's A2(TM) Communications Application Server. The scope of the relationship includes joint development and marketing of enhanced unified communications capabilities that extend voice, messaging, presence and video services to mobile and tablet devices.

"By tightly integrating our A2 Communications Application Server with CounterPath's leading Bria softphone client, we are further unleashing the A2's promise of delivering rich, unified communications anytime, on any device and from any place," said Charlie Vogt, President and CEO GENBAND. "This new alliance allows our customers to achieve significant cost savings, add new revenue generating services and increase revenue per subscriber by extending all of the benefits that customers enjoy on their desktops to any device - creating a premium user experience." With the massive growth of smartphones and tablets nearing a 6 billion mobile subscriber base, consumers have moved past the "always on" requirement and are demanding services across all types of devices. Together, CounterPath and GENBAND are addressing this services device shift to enable a universal and unique user experience for A2 customers, ranging from common address books accessible from any device, to IM and presence federation, to the ability to choose the most effective use of 3G or VoIP routing. GENBANDcustomers will have the ability to easily introduce bundled services in any business or consumer plan and further customize mobile clients with their logos.

"With millions of end points deployed, we are extremely pleased to expand the Bria softphone experience to millions more across GENBAND's A2 platform," said Donovan Jones, President and CEO, CounterPath. "GENBAND understands the evolving needs and requirements of subscribers and we look forward to bringing the innovation behind Bria into the A2 roadmap to drive the next generation of unified multimedia communication services." GENBAND's A2 platform is a full-featured telephony and multimedia applications server, currently servicing approximately 200 mobile, VoIP and IMS networks worldwide. The A2 provides consumer and business services, SIP trunking and unified communications for Mobile, Fixed, Broadband and Cable Operators.

CounterPath's Bria is a carrier-grade, next generation softphone application that enables users to manage communications easily and efficiently - all from an easy-to-use interface. Replacing or complementing a hard phone, Bria allows users to make VoIP and Video calls over IP, see when your contacts are available, send Instant Messages and transfer files with ease and efficiency.

About CounterPath CounterPath Corporation is an award-winning provider of innovative desktop and mobile VoIP software products and solutions. The Company's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions that enable service providers, enterprises and Original Equipment Manufacturers (OEM) to cost-effectively integrate voice, video, presence and Instant Messaging (IM) applications into their VoIP offerings and extend functionality across both fixed and mobile networks.

CounterPath's customers include some of the world's largest telecommunications service providers and network equipment providers including AT&T, Verizon, BT (British Telecommunications PLC), mobilkom Austria, Avaya, Cisco Systems and Mitel.

For more information please visit www.counterpath.com.

Disclaimer: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About GENBAND GENBAND is a global leader of IP infrastructure and service solutions, enabling enterprise, service and content providers around the world to evolve communications networks through IP innovation. The Company offers market-leading Switching, Applications, Networking and Service solutions, with products deployed in over 600 customer networks spanning more than 80 countries. GENBAND is headquartered in Frisco, Texas, and has operations in 50 countries. To learn more, visit us on the web at www.genband.com.

___________________________________________________________________________ Visit www.OTCtipReporter.com Also, you can receive up to the minute stock alerts via our Twitter page: http://twitter.com/#!/OTCtipReporter Get the BUZZ on all of Wall Street's Hottest stocks Free! About OTCtipReporter.com OTCtipReporter.com alerts investors to promising small cap companies, many (if not all) are overlooked by your run of the mill Wall Street investment advisors. At OTCtipReporter.com, we know it is easier to find a stock that can go from $0.01 - $0.50 in days or weeks, than it is to find a stock that can go from $1.00 - $50.00 in months or years. OTCtipReporter.com provides its subscribers with comprehensive public information and due diligence for small companies with huge potential. While many of the other investment newsletters talk a big game, at OtctipReporter.com we let our research do the talking! We invite you to give us a try and sign up for free today at: http://www.OTCtipReporter.com We do the Research, You Reap The Profits.

We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by OTC Tip Reporter. Please be advised that the information provided May or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed. To view a complete disclaimer, visit: http://www.otctipreporter.com/disclaimer.htm Let OTC Tip Reporter help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at [email protected] To feature your publicly traded company in our alerts, email us at: [email protected] CONTACT: CONTACT: OTC Tip Reporter Tel: +1 347 829 7044 e-mail: [email protected] WWW: http://www.OTCtipReporter.com ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])).

(c) 2011 M2 COMMUNICATIONS

[ Back To TMCnet.com's Homepage ]