Altairnano Exhibits NanoSafe Battery at SEMA Automotive Show

RENO, Nev.--Altair Nanotechnologies Inc. , a leading provider of advanced nanomaterials for use in energy, automotive, pharmaceutical, life sciences and industrial applications, is along with its partners, Phoenix Motorcars and Boshart Engineering, exhibiting at the SEMA automotive industry show being held October 31 through November 3 at the Las Vegas Convention Center.

The SEMA show will be the debut for the Phoenix Motorcars’ electric sports utility truck (SUT) powered entirely by Altairnano’s innovative NanoSafe nanotitanate batteries. Like its sister vehicle the SUV, that was launched at the ZEV symposium in September, the SUT will have a standard range of 130 miles, a charge time of 10 minutes and be capable of freeway speeds up to 95 mph.

“The launch of this all-electric SUT represents the next phase of our relationship with Phoenix Motorcars and Boshart Engineering. This SUT is a strong ideal platform for fleet sales, combining an extensive driving range with an environmentally friendly and safe power system using the NanoSafe batteries,” said Altairnano President and CEO Alan J. Gotcher Ph.D.

For more information about the SEMA Show, see www.semashow.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 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" 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 include the risk that end customers will not find the SUT suitable as a fleet vehicle for various possible reasons, including possible concerns as to whether the power, driving range, cycle life and other characteristics of the SUT are suitable for a fleet vehicles and possible concerns about purchasing a vehicle that has been subject to limited testing and for which there is no information on long-term quality or performance. In addition, other risks are identified in the company's most recent Annual Report on Form 10-K and Quarterly Reports 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.