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Elentec Co., Ltd. is a leading Korean supplier of lithium ion battery packs for portable electronic devices to OEMs worldwide including Samsung.
SMC Co., Ltd., located in Euiwang-City, Republic of Korea, supplies lithium ion battery packs to OEMs of laptop computers, cell phones, PDAs, portable DVD players and other consumer electronics. LG is an SMC customer.
Dr. Carl Kukkonen, CEO of both VIASPACE and DMFCC, said, "Direct Methanol Fuel Cell Corporation is continuing its strong policy of patenting its intellectual property in order to provide a competitive advantage to the company. These patent applications reflect not only our internal strengths, but the inventiveness of our cartridge manufacturing partners in Korea on behalf of DMFCC. These partnerships are very important to our global business strategy."
DMFCC focuses on producing and distributing methanol fuel cartridges designed to 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. Leading OEMs have announced that they are developing direct methanol fuel cells for portable electronic applications.
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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