Altairnano and Phoenix to Exhibit at the Alternative Car and Transportation Expo.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) ) and sports utility vehicle sports utility vehicle sport n → véhicule m de loisirs (de type SUV) sports utility vehicle n (esp US) → fuoristrada m inv (SUV) at the Alternative Car and Transportation Expo to be held in Santa Monica, California For other uses, see Santa Monica (disambiguation). Santa Monica is a coastal city in western Los Angeles County, California, USA. Situated on Santa Monica Bay of the Pacific Ocean, it is surrounded by the City of Los Angeles — Pacific Palisades and Brentwood on the north, on December 9th and 10th. The Altairnano-powered Phoenix SUT and SUV will be featured in both the Phoenix booth as well as in the Ride & Drive event. Altairnano's nano-Titanate battery packs allow the Phoenix SUT to exceed all specifications for the State of California Type III Type III may stand for:
"This event is an important milestone for Altairnano as the SUT is powered by the first NanoSafe battery production pack that we shipped to Phoenix in November," said Alan J. Gotcher, Ph.D., President and Chief Executive Officer of Altair Nanotechnologies Inc. The Ride & Drive event will run for both days of the Expo and provides the general public the opportunity of riding in the Phoenix Motorcars SUT. The Expo will be held at the Santa Monica Air Center. More information on the event can be found at www.altcarexpo.com 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 SUV, 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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