VIASPACE Signs 1,500 Acre Giant King Grass Supply Contract with Tibbar Energy

Walnut, California, Oct. 3,2012 - VIASPACE Inc.  (OTC: VSPC) today announced that it has signed a contract with Tibbar Energy USVI LLC to supply Giant King Grass for a 1,500 acre Giant King Grass plantation to be established in St. Croix, US Virgin Islands. Tibbar Energy USVI LLC is developing a 6 MW renewable biomass energy project in the U.S. Virgin Islands on the island of St. Croix. The project utilizes VIASPACE's proprietary renewable energy crop called Giant King Grass as a feedstock for anaerobic digestion, generating biogas which is used to fuel an