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GrowthStockAnalyst.com: New VIASENSOR Product Receives International Interest

Copyright:M2 Communications Ltd.
Source:M2 PressWIRE
Wordcount:2033

RDATE:08052007

Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), Nano-Proprietary, Inc. (OTCBB: NNPP) ,Meadowbrook Insurance Group (NYSE:MIG) , Odyne Corporation's (OTCBB: ODYC), Orthovita, Inc. (Nasdaq:VITA)

Featured Stock: VIASPACE Inc.

(OTCBB: VSPC) Current Price (0.48) www.GrowthStockAnalyst.com

VIASPACE Receives First International Order for Hydrogen Fuel Cell Humidity Sensor

PASADENA, Calif., May 7, 2007 - VIASPACE Inc., a company commercializing proven technologies from NASA and the US Department of Defense into hardware and software solutions, announced that it has received its first international order for its VIASENSOR HS-1000 Humidity Sensor from Scitech Korea Inc., based in Seoul, Korea.

Demonstrations of the product at the Fuel Cell Expo in Japan in February 2007 received highly favorable feedback throughout Asia, and the company has received multiple queries for applications where the real-time water vapor measurement capability is important. The VIASENSOR HS-1000 is a leading edge test device that quickly and accurately determines the level of relative humidity or water vapor flowing in a gas stream, which is vital to the proper function and efficiency of hydrogen fuel cells.

The HS-1000 uses proprietary technology to enable continuous, real-time, non-invasive and reliable measurement of the temperature, pressure and moisture content of hydrogen and air feeds for polymer electrolyte membrane fuel cells (PEMFCs). The VIASENSOR takes data measurements every five seconds, provides automatic data collection software and interfaces to any PC. The device is built to withstand the high temperature and high humidity fuel cell environment, is small in size, quick to deploy and does not require specialized installation.

Dr. Carl Kukkonen, CEO of VIASPACE, commented: "With the initial order from Asia for the VIASENSOR HS-1000, VIASPACE has shown this to be a breakthrough product that meets a critical need for hydrogen fuel cell design and performance measurement on a global basis. We are delighted with the order from Scitech Korea Inc. VIASPACE is pursuing expanding opportunities, both internationally and domestically, to serve potential customers in the automotive, test instrumentation and fuel cell markets."

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 www.VIASPACE.com

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Investor Relations contact: Dr. Jan Vandersande, Director of Communications 800-517-8050 IR@VIASPACE.com

Press contact: Dr. Carl Kukkonen, CEO 626-768-3360 -----------------------------

For an in-depth analyst report, please visit : www.GrowthStockAnalyst.com

Nano-Proprietary, Inc.

(OTCBB: NNPP) Current Price (1.76) www.GrowthStockAnalyst.com TOKYO, May 5 --A U.S. court has ruled Canon Inc. (7751.T: Quote, NEWS , Research) does not have to pay additional damages to Nano-Proprietary Inc. (NNPP.OB: Quote, Profile , Research) over the violation of a patent licence used to develop a new kind of flat-panel display. Nano-Proprietary, Inc. is a holding company consisting of two wholly-owned operating subsidiaries. Applied Nanotech Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong position in the field of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) has investments related to electronic digitized sign technology. The Companies have over 200 patents or patent applications pending. Nano-Proprietary's business model is to license its technology to partners that will manufacture and distribute products using the technology. Nano-Proprietary's website is www.nano-proprietary.com.

Meadowbrook Insurance Group (NYSE:MIG) Current Price (12.27) www.GrowthStockAnalyst.com SOUTHFIELD, Mich., May 4 -- Meadowbrook Insurance Group (NYSE: MIG - News) today announced the Company's Chairman and Founder, Merton J. Segal, has established a pre-arranged stock trading plan, in accordance with the Securities and Exchange Commission's Rule 10b5-1 of the Exchange Act, under which he has authorized the sale of up to a maximum of 400,000 shares of the Company's common stock. Under a Rule 10b5-1 plan a shareholder is allowed to sell shares at a time when it would ordinarily not be in the market because of the shareholder's subsequent acquisition of material non-public information or a company's trading policy. Meadowbrook Insurance Group, Inc., through its subsidiaries, provides business and risk management solutions for agents, brokers, professional and trade associations, pools, trusts, and small to medium-sized insureds in the United States. It operates in two segments, Agency Operations and Specialty Risk Management Operations. The Agency Operations segment produces commercial, personal lines, life, and accident and health insurance with the insurance carriers principally in Michigan, California, and Florida. The Specialty Risk Management Operations segment provides risk management consulting, claims administration and handling, loss control and prevention, and reinsurance placement services. It also offers various types of property and casualty insurance coverage, including workers? compensation, commercial multiple peril, general liability, professional liability, employment practices liability, product liability, commercial auto liability, excess reinsurance, and inland marine primarily to associations or similar groups of members and to specified classes of business. This segment offers managed programs, which provides program design and development, underwriting, reinsurance placement, policy administration, loss prevention and control, claims administration and handling, litigation management, information technology and processing, accounting functions, general management and oversight of the program, and insurance management services to public entity associations, public entity pools, and other insurance entities; risk-sharing programs that underwrites individual primary insurance policies for members of a group or association, or a specific industry through a reinsurance agreement with a captive or rent-a-captive; and various fully-insured programs. The company was founded in 1955 and is headquartered in Southfield, Michigan.

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Odyne Corporation's (OTCBB: ODYC) Current Price (1.28) www.GrowthStockAnalyst.com HAUPPAUGE, N.Y.--Odyne Corporation (OTCBB:ODYC - News), a leading developer of advanced plug-in hybrid electric vehicle (PHEV) technology for trucks and buses, today announced an alliance with Creative Bus Sales, Inc., the nation's largest commercial bus dealership. Odyne Corporation is a clean technology company that develops and manufactures propulsion systems for advanced Plug-in Hybrid Electric Vehicles (PHEV), specifically medium and heavy-duty trucks and buses. The company has developed a proprietary system combining electric power conversion, power control and energy storage technology, with standard electric motors, storage batteries and other off the shelf components to create a lower fuel cost, lower operation and maintenance cost, substantially lower emission and quieter vehicle. Odyne's PHEV systems are series configuration hybrids with significant advantages over the parallel architecture used in hybrid passenger cars. Visit www.odyne.com for more information.

Orthovita, Inc.

(Nasdaq:VITA) Current Price (2.95) www.GrowthStockAnalyst.com MALVERN, Pa.----Orthovita, Inc. (NASDAQ:VITA - News), a spine and orthopedic biosurgery company, reported financial results for the quarter ended March 31, 2007. Product sales for the quarter ended March 31, 2007 increased 22% to $13,151,000, as compared to $10,817,000 for the same period in 2006. Excluding sales of our VITOMATRIX(TM) dental scaffold, which is not sold by our sales and distribution channel, and our former ENDOSKELETON product, product sales for the first quarter of 2007 increased 26% as compared to the first quarter of 2006. See "Non-GAAP Disclosures and Reconciliation" below for a detailed reconciliation between the non-GAAP and GAAP reported sales results. Orthovita, Inc. engages in the development and marketing of synthetic-based biomaterial products for use in spine surgery, the repair of fractures, and a range of clinical needs in the trauma, joint reconstruction, revision, and extremities markets. Its product portfolio comprises VITOSS bone graft substitute an ultra-porous resorbable beta-tricalcium phosphate bone void filler used in helping the body guide the three-dimensional regeneration of the patient?s own bone; IMBIBE syringe, which provides spine and orthopedic surgeons with a method for harvesting a patient?s own bone marrow; and VITAGEL surgical hemostat a composite liquid hemostat that combines the biomaterials bovine thrombin and bovine collagen with the patient?s autologous plasma, and applied in the spine, hip, and knee replacement surgeries. The company also offers CORTOSS synthetic cortical bone, a self-setting composite used in various surgical procedures for structural stability and reinforcement of the bones after surgery; and ALIQUOT micro delivery system that facilitates the delivery of CORTOSS synthetic cortical bone product directly in the vertebral augmentation of vertebral compression fractures and screw augmentation procedures. The company sells its products in the United States and internationally through direct sales force, stocking distributors, and independent sales agencies. Orthovita was founded in 1992 and is headquartered in Malvern, Pennsylvania.

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