Altairnano, Phoenix and Boshart to Demonstrate Electric SUV at Zero Emission Vehicle Symposium; Electric Sports Utility Model Also To Be On Display.RENO, Nev. -- Altair Nanotechnologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ALTI), with their electric vehicle partners, Boshart Engineering and Phoenix Motorcars Phoenix Motorcars is a California-based company that focuses on developing electric vehicles. At present, Phoenix partners with other corporations for development of key vehicle components, such as AltairNano's fast-charge lithium ion battery technology. , will road demonstrate a full size electric SUV at the California Air Resources Board California Air Resources Board (CARB) is the "clean air agency" of the state of California in the United States. Established originally in 1967, it is a part of the California Environmental Protection Agency, an organization which reports directly to the California Zero Emission Zero emission refers to an engine, motor, or other energy source, that emits no waste products that pollutes the environment or disrupts the climate. Zero emission engines Vehicle (ZEV ZEV Zero Emission Vehicle ) Technology Symposium, held next week, September 25-27, 2006 in Sacramento, California “Sacramento” redirects here. For other uses, see Sacramento (disambiguation). Sacramento is the capital of the State of California and the county seat of Sacramento County. . The demonstration electric SUV is an early model of the commercially available vehicle, targeted for volume delivery in Spring 2007. This vehicle is planned to be capable of road speeds up to 95 mph, a driving range that is configurable up to 200 miles, a battery recharge time potential of less than 10 minutes, and an acceleration of 0 to 60mph in less than 10 seconds. Another configuration of the vehicle as a Sports Utility Truck will also be on display at the Symposium. Attendees of the Symposium will be invited to ride in this innovative, full size SUV. Also on September 27, at 2:30 p.m., Evan House, Ph.D., Director of Altairnano's Advanced Materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, & Power Systems business unit, will deliver a presentation on Altairnano's NanoSafe(TM) rechargeable nano-titanate battery program. The Symposium will be held at the Cal/EPA Headquarters Building, Byron Sher Auditorium, 1001 I Street, Sacramento, CA. For more information on the event, please visit: http://www.arb.ca.gov/msprog/zevprog/symposium/sympdetail.htm. ABOUT ALTAIR NANOTECHNOLOGIES INC. Altairnano is an innovator and supplier of advanced ceramic nanomaterials. With a skilled team of scientists in its 100,000 square foot facilities who, coupled in collaborative ventures with industry partners and leading academic centers, have developed a unique portfolio of intellectual property and novel products. These researchers are complemented by a seasoned management team with substantial experience in commercializing innovative, disruptive technologies. Altairnano focuses on nanotechnology applications to enable new high-growth markets. In alternative energy Altairnano is pioneering new battery materials and systems. The company is applying nanotechnology to the development of drug candidates for humans and animals, coatings materials for implants, and materials for dental applications. Its high performance nanomaterials have applications in paints, coatings, and the treatment of water and air. The Altairnano Hydrochloride hydrochloride /hy·dro·chlo·ride/ (-klor´id) a salt of hydrochloric acid. hy·dro·chlo·ride n. A compound resulting from the reaction of hydrochloric acid with an organic base. Pigment process, the first new patented pigment process in 50 years, is an environmentally friendly method for manufacturing white pigment used in paints, paper and plastic. For additional information visit www.altairnano.com. Forward-Looking Statements This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include the risk that the volume production of the electric SUV will not proceed as anticipated because of technical issues, failure of anticipated orders to occur, failure of Phoenix or Boshart to continue with the project or other factors and that electric SUV's using Altair's NanoSafe rechargeable batteries may not exhibit the same performance characteristics in actual applications as they have in tests because of varying weather conditions, different than projected driving patterns, absence of sufficient transformer capacity for rapid recharge and other issues. In addition, other risks are identified in the company's most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , as filed with the SEC. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion