VIASPACE Signs Giant King Grass Agreement in Myanmar

Walnut, California--- VIASPACE, Inc. (OTCQB: VSPC) today announced that it has signed business development and confidentiality agreements with JUNE Industry Ltd. of Myanmar at a ceremony held at the Chatrium Hotel in Yangon, Myanmar (former name Burma). JUNE Industry Ltd. is a member of the JUNE Group of Companies which cultivates, harvests and markets algae products. Under the agreement, JUNE will grow Giant King™ Grass in Myanmar for commercial applications being pursed by VIASPACE and JUNE--including clean and renewable electricity generation, and a novel application of Giant King