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 Viaspace Subsidiary Launches Korean Direct Methanol Fuel Cell Business Development

Publication Date:24-August-2005
12:35 AM US Eastern Timezone 
Source:FuelCellWorks
 
Ridgeland, MS--VIASPACE Inc. (VSPC) announced that Mr. Song J. Hwang has joined its subsidiary company Direct Methanol Fuel Cell Corporation (DMFCC) as Vice President, Korea Business Development. The move is intended to enhance the international business of the company. 

DMFCC produces methanol fuel cartridges that provide the energy source for laptop computers and other portable electronic devices that will be powered by direct methanol fuel cells. The announcement was made by Dr. Carl Kukkonen, CEO of VIASPACE and DMFCC.

Fuel cells are expected to gain a substantial market share because they offer longer operating time as compared to current lithium ion batteries and may be instantaneously recharged by simply replacing the disposable fuel cartridge. Direct methanol fuel cells are being developed for these applications by companies such as Toshiba, NEC, Hitachi and Sanyo in Japan, and by Samsung in Korea. 

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