Nanotechnology Now - Press Release: Altair Nanotechnologies to Join Former President Bill Clinton and Top Federal Officials at Lake Tahoe Summit

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Abstract:
Altair Nanotechnologies, Phoenix Motorcars, and UQM Technologies to Exhibit Electric Sports Utility Truck and Sports Utility Vehicle

Altair Nanotechnologies to Join Former President Bill Clinton and Top Federal Officials at Lake Tahoe Summit

RENO, NV | Posted on August 15th, 2007

Altair Nanotechnologies Inc. (NASDAQ: ALTI), leading manufacturer of safe, high-performance NanoSafe™ battery pack products and nano materials technology used in energy, life sciences and power applications, announced today it has been invited to exhibit its battery technology, along with Phoenix Motorcars, and UQM Technologies, Inc. (AMEX: UQM) at the prestigious Lake Tahoe Summit, held August 17 in Lake Tahoe, Nevada.

Confirmed summit attendees include former President Bill Clinton, Senator Harry Reid (D-Nev.), Senator John Ensign (R-Nev.), Senator Dianne Feinstein (D-Calif.), and former Nevada Sen. Richard Bryan. Other possible attendees include California Governor Arnold Schwarzenegger, Nevada Governor Jim Gibbons, and U.S. Environmental Protection Agency Administrator Stephen Johnson.

The Lake Tahoe Summit focuses on environmental issues related to the Lake Tahoe basin region. The first summit, organized by Senator Reid, was held ten years ago and was marked by President Clinton pledging $50 million in federal funds to support environmental efforts in the Tahoe basin.

Central to this year's summit is the recognition of the substantial advances that are being made in designing and building consumer-ready zero-emissions electric vehicles — such as Phoenix Motorcars sport utility trucks — that are capable of carrying up to four adults, traveling at freeway speeds, with a cruising distance of over 100 miles.

Phoenix is an early leader in the production of full-function, zero emission all-electric trucks and SUVs for commercial fleet use. Based in Ontario, California, Phoenix uses the NanoSafe™ battery, manufactured by Altair Nanotechnologies, a non-toxic, all-battery solution that eliminates toxic vehicle emissions that contribute to air pollution. Frederick, Colorado based UQM Technologies provides both the Phoenix SUT and SUV with an electric motor, power generator, and power electronic products.

"We are honored to participate in the Lake Tahoe Summit and look forward to showcasing the results of our strategic alliances with Phoenix Motorcars and UQM Technologies," said Altairnano President and Chief Executive Officer, Alan J. Gotcher, PhD.

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About Altair Nanotechnologies Inc.
Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. A seasoned management team complements Altairnano's leading edge scientists, 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 pigment process. Altairnano is a leading manufacturer of advanced battery pack systems which are used in stationary power applications and electric and hybrid-electric vehicles.

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