Altair Nanotechnologies Named to Greentech Line-up at ThinkEquity's Annual Growth Conference; Altairnano Will Deliver Featured Presentation on Its Innovative Battery Technology for Hybrid and Electric Vehicles

RENO, Nev.--Aug. 22, 2006--Altair Nanotechnologies Inc. , a leading provider of advanced nanomaterials for use in energy, automotive, pharmaceutical, life sciences and industrial applications, has been named to ThinkEquity Partners LLC's line-up of Greentech companies at its fourth Annual Growth Conference, held September 11-14 at The Ritz Carlton in San Francisco.

ThinkEquity's Greentech roster comprises a range of companies whose technology offers a green, environmentally sustainable model of operation.

As a specially featured Greentech presenter, Altairnano CEO Alan J. Gotcher, Ph. D. will provide conference attendees with details on Altairnano's innovative nano-scaled titanate battery technology for use in hybrid and electric vehicles.

Altairnano recently received a $750,000 initial order for its fast charge, high powered batteries from Phoenix Motorcars, an early leader in the effort to mass produce full function, freeway ready electric automobiles based in Ojai, California.

"Altair Nanotechnologies is pleased to be a part of ThinkEquity's Annual Growth Conference," said Altairnano CEO and President Alan Gotcher. "Being highlighted in the Greentech line-up presents our company with an outstanding opportunity to map out for investors how today's investment decisions intersect with tomorrow's market place demands and opportunities. We look forward to participating in such a leading-edge event."

For more information about the ThinkEquity Partners 4th Annual Growth Conference, see www.thinkequity.com.

About ThinkEquity Partners LLC

ThinkEquity Partners LLC is a research-centric institutional investment firm focused on the growth economy. ThinkEquity Partners is dedicated to providing focused insight, advisory services, and capital to institutional investors and corporate constituents in the knowledge economy's key growth verticals, including technology, healthcare, media and consumer business services. For more information about ThinkEquity Partners, please visit www.thinkequity.com. Member NASD and SIPC.

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 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" 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 risk that the company may be unable to attend the conference because of conflicts, legal concerns or other reasons, that the company will not become profitable or be sustain operations in the long term because of an inability to significantly increase revenues, an inability to control costs, an inability to raise capital as necessary to sustain operations or for other reasons. In addition, other risks are identified in the company's most recent Annual Report on Form 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.