**Altair Nanotechnologies, Inc. (NasdaqSC: ALTI)**

Dear Readers,

Well the BUZZ on Nanotechnology - the science of the VERY VERY small - has turned into a resounding drum beat.  If you are not yet familiar with this fascinating technology, please read the reports below.  If you already know about Nanotech then you undoubtedly know about Altair Nanotechnology (NasdaqSC: ALTI) one of the most innovative leaders in this sector.  Either way you'll want to avail yourself of the information below to find out the latest news and information on this exciting company!

To view our initial profile on ALTI click here
For a full introductory report on nanotechnology by analyst, Randy Lewis click here
For Current News and Stock Price info on ALTI: click here
 

*** Nanotech News ***

Press Release
Source: Altair Nanotechnologies, Inc.
Tuesday March 2, 8:00 am ET 

RENO, NV--(MARKET WIRE)--Mar 2, 2004 -- Altair Nanotechnologies (NasdaqSC:ALTI - News), a developer and manufacturer of innovative nanomaterials and material science-based products, today announced that it has signed a memorandum of joint development work with Hosokawa Micron International, a global leader of powder and particle processing technologies.

Under the terms of the memorandum, which continues through January 1, 2005, Altair Nanotechnologies and Hosokawa Micron will jointly focus on three strategic initiatives: (1) establish a development program using both companies' combined technologies to develop advanced electrode materials for electrochemical devices, which includes batteries, capacitors and supercapacitors from a variety of nanomaterials; (2) strengthen the technical and market position of the companies by combining technological and financial assets, including existing manufacturing capabilities; and (3) apply for U.S. government grants for the development and testing of the electrodes. If the testing is successful, the companies intend provide additional funding for commercialization activities, including erection of dedicated facilities to supply commercial quantities of treated or coated nano-sized cathode and anode materials for use in electrodes for advanced electrochemical devices.

"The agreement to work jointly with Hosokawa highlights our strategic focus of bringing commercial nanomaterial products to market, in particular for use in advanced battery applications," said Altair Nanotechnologies President Dr. Rudi E. Moerck. "Hosokawa's expertise and intellectual property in the field of nano scale composite technologies compliment the nano-sized cathode and anode materials we currently manufacture, and should greatly reduce time-to-market for real world application of nanotechnology in this market."

"Altair's success to date with institutions such as Telcordia / Rutgers University and Xoliox / Ntera has made it a nanomaterials leader both in the United States and Europe," said Dr. C.C. Huang, Director of the Hosokawa Nano Particle Technology Center (USA). "Hosokawa Mechano Chemical Bonding Technology is an enabling technique for nanoparticle applications, and it has a proven track of record of improving the performance of electrode material by bonding nanoparticles on it. We believe this agreement will afford both companies technical strategic advantage in
securing a commercial position within the developing battery markets using nanoparticles and nanomaterials, and we are excited at the prospect of working with Altair in the coming months."

Studies done by third parties show that Altair's nano-sized lithium titanate spinel battery material exhibited charge and discharge rates up to 100 times higher than materials used in batteries commercially available. Telcordia recently developed a non-aqueous asymmetric hybrid prototype battery incorporating Altair's nano lithium titanate spinel. The prototype exceeded DOE/PNGV standards. The article can be found in The Journal of Power Sources, 113 (2003) 62-71 and 115 (2003) 171-178. Nanomaterials are expected to cause a quantum leap in performance, along with a rapid market adoption within the $42 billion battery industry.
 

HOSOKAWA MICRON GROUP (Hosokawa Micron Corporation is listed in Tokyo Stocks Exchange: 6277)

The Hosokawa Micron Group is a world leader in providing process solutions for powder and particle processing, blown film processing, and in Japan, environmental business. The company is continuing to advance its 88 years of market leadership with the application, development and commercialization of ultra fine composite particles in the rapidly expanding field of nanotechnology. Hosokawa Micron's three Nano Particle Technology Centers (located in Japan and the USA) are dedicated solely to the development of new functional and value added materials for next generation. For additional information on the Nano Particle Technology Centers, visit our website at www.hosokawanano.com or our corporate website at www.hosokawamicron.com for more information about the Hosokawa Micron Group.

ALTAIR NANOTECHNOLOGIES, INC.

Nanotechnology is rapidly emerging as a unique industry sector. Altair Nanotechnologies is positioning itself through product innovation within this emerging industry to become a leading supplier of nanomaterial technology and nanomaterials worldwide. Altair owns a proprietary technology for making nanocrystalline materials of unique quality both economically and in large quantities. The company is currently developing special materials with potential applications in pharmaceuticals, titanium pigment and metal, batteries, fuel cells, solar cells, advanced energy storage devices, thermal spray coatings, catalysts, cosmetics and environmental remediation. For additional information on Altair and its nanoparticle materials, visit www.altairnano.com.

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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" provisions of the Private Securities Litigation Reform Act 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 Altair and Hosokawa will be unable to successfully develop electrodes for electrochemical devices or obtain the
required funding necessary to advance the development and commercialization program. In addition, other risks are identified in the company's most recent Annual Report on Form 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.
 

                   Contacts:
                    
                   Marty Tullio
                   Investor Relations
                   McCloud Communications LLC
                   949.566.9860
                   marty@mccloudcommunications.com
                    
                   Tracy LaFollette
                   Altair Nanotechnologies, Inc.
                   307.587.8245
                   altairnano@aol.com
                    
                   C.C. Huang, Ph.D.
                   Hosokawa Nano Particle Technology Center (USA)
                   908.277.9245
                   chuang@hmii.hosokawa.com
                    

Source: Altair Nanotechnologies, Inc.
 

To view all the latest news and information on ALTI: Click here
 

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