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VIASPACE Hires Chief Business Officer

Stocks in this article: VGREF VSPC

IRVINE, Calif., Aug. 25, 2011 /PRNewswire/ -- VIASPACE Inc. (OTC Bulletin Board: VSPC - News), a clean energy company growing Giant King™ Grass as a low-carbon, dedicated bioenergy crop and its subsidiary VIASPACE Green Energy Inc. (OTC Bulletin Board: VGREF), today announced that Dr. Munzer Sundos has joined as Chief Business Officer. This position was filled after a global search and an extensive interview process. Dr. Sundos reports to CEO Dr. Carl Kukkonen.

Dr. Sundos is a seasoned executive in advanced bio-based fuels, chemicals and feed. He will provide leadership driving VIASPACE's global expansion and strategic partnerships; lead VIASPACE Giant King Grass commercialization; and bring the VIASPACE technology and product platform to the growing global markets for renewable bio-based chemicals and fuels. He has experience in using oil crops such as a sunflower for bio-lubricants, soybeans for fine chemicals, and Jatropha for bio crude oil.  His business experience includes Asia, Latin America, Africa and Europe in addition to the United States.

VIASPACE Chief Executive Dr. Carl Kukkonen stated, "We are very pleased to have Dr. Sundos on board. He has extensive global experience in business, as well as a solid agricultural background. He will immediately become involved on existing projects, and also will develop plans for new Giant King Grass projects around the world."

Dr. Sundos is veteran renewable energy and value chemical industry executive with a proven track record of enhancing revenue growth and stakeholder value. He has led or had a key role in generating multi-million deals and developing and executing numerous corporate partnerships and strategic alliances all over the world. He brings extensive business, management and leadership experience with in depth knowledge of renewable fuel, chemical and the biomass industry in developing and managing sustainable projects and renewable energy operations across the energy value chain. 

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