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The interview resulted in an article published on October 17 in Japanese.
The English translation of the headline is "Practical Applications of Micro Fuel Cells Is Close at Hand, But Royalty Issues Emerge." The article discusses the patents licensed from Caltech to DMFCC, and DMFCC's business strategy where DMFCC is willing to provide patent protection to OEMs in exchange for their use of DMFCC methanol fuel cartridges.
DMFCC focuses on producing methanol fuel cartridges that will provide the energy source for laptop computers, cell phones and other portable electronic devices to be powered by direct methanol fuel cells.
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. It has been announced that direct methanol fuel cells are being developed for portable electronic applications by companies such as Samsung and LG in Korea, and by Toshiba, NEC, Hitachi and Sanyo in Japan.
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 our website at http://www.VIASPACE.com,
or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications
at 800-517-8050, or IR@VIASPACE.com.
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