Altairnano and Phoenix to Exhibit With AAA At the San Francisco International Auto Show.RENO, Nev. -- Altair Nanotechnologies Inc. (Nasdaq: ALTI), will demonstrate its safe, fast charge, long life NanoSafe batteries in Phoenix Motorcars' 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 , all electric, freeway ready sports utility truck (SUT SUT Sport Utility Truck SUT System Under Test SUT Suranaree University of Technology (Thailand) SUT Sharif University of Technology SUT Swinburne University of Technology (Australia) ) at the San Francisco International Auto show to be held in the Moscone Center. The Altairnano-powered Phoenix SUT will be featured in the AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. Greenlight[TM] Initiative Showcase in booths 1075, 1076 and 1077 for the duration of the show from November 17th through 26th. Altairnano's nano-Titanate battery packs allow the Phoenix sport utility truck (SUT) to exceed all specifications for the State of California Type III ZEV ZEV Zero Emission Vehicle . The NanoSafe 35kWh pack can be recharged in less than 10 minutes with the appropriate battery charger, provides sufficient power and energy for a fleet vehicle to travel up to 130 miles and can travel at speeds up to 95mph. "We are excited to feature the Altairnano-powered Phoenix SUT in AAA's Greenlight[TM] Initiative Showcase. As a full-sized all electric vehicle, it offers an alternative to gasoline powered vehicles with the benefits of low running costs and environmental friendliness," said AAA of Northern California spokeswoman Jenny Mack. "Since launching our NanoSafe battery in the Phoenix 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 ZEV meeting in late September, we have received significant interest in the batteries. The NanoSafe battery features of fast charge, very long life and safety appear to meet the key requirements for batteries in the electric vehicle and hybrid electric vehicle A hybrid electric vehicle (HEV) is a vehicle which combines a conventional propulsion system with an on-board rechargeable energy storage system (RESS) to achieve better fuel economy than a conventional vehicle without being hampered by range from a charging unit like an markets," said Alan J. Gotcher, Ph.D., President and Chief Executive Officer of Altair Nanotechnologies Inc. ABOUT ALTAIR NANOTECHNOLOGIES INC. Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. Altairnano's leading edge scientists are complemented by a seasoned management team with substantial experience in commercializing innovative, disruptive technologies. The company has developed nanomaterials for the alternative energy, life sciences and performance materials markets based on its proprietary manufacturing process. This process also provides the foundation for its innovative AHP AHP Assistant House Physician. pigment process. For more 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 and uncertainties include, without limitation, the risks that producers of electric vehicles and hybrid electric vehicles will not adopt Altairnano's nano-Titanate battery technology for various reasons, including possible concerns as to whether the power, driving range, cycle life and other characteristics of the battery technology are suitable for electric or hybrid electric vehicles or about the design of Phoenix's SUT and other vehicles incorporating the technology; that key commercial partners working with Altairnano on commercial uses for the nano-Titanate battery may proceed slowly with, or abandon, commercialization or marketing efforts; and that even if full commercialization occurs, sales may not reach expected levels for one or more reasons, including failure of end products to perform as expected, the introduction of a superior product or the withdrawal from the project of key commercial partners. In general, Altairnano is, and expects to be in the immediate future, dependent upon funds generated from sales of securities, grants, testing agreements, and licensing agreements to fund its testing, development and ongoing operations. 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. and Form 10-Q Form 10-Q See 10-Q. , 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. |
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