Advanced Battery Technologies, Inc. Successfully Completes Phase One Testing Using Altair's Nanomaterials in Its PLI Batteries

Jun 09, 2005, 01:00 ET from Advanced Battery Technologies, Inc.

    NEW YORK, June 9 /PRNewswire-FirstCall/ -- Advanced Battery Technologies,
 Inc. (ABAT - News), a developer and manufacturer of rechargeable Polymer-
 Lithium-Ion (PLI) batteries, announced today the successful completion of
 phase one tests utilizing Altair Nanotechnologies, Inc. (Nasdaq:   ALTI) Lithium
 Titanate Spinel Electrode Nanomaterials in its PLI batteries. The first
 shipment of Altair's nanomaterials was delivered to Advanced Battery's Harbin,
 China Research and Development Center in April 2005.
     The test results for phase one indicated significant improvements in
 recharge time. The data indicates that when using Altair's rapid charge
 electrode nanomaterials in Advanced Battery's PLI batteries, recharge time was
 approximately 30 to 45 minutes, compared to recharge time for existing PLI
 batteries of approximately three to three and a half hours.
     During a recent visit to Advanced Battery's Research and Development
 Center and manufacturing facilities, Altair CTO Dr. Bruce J. Sabacky commented,
 "I'm very pleased with the results in phase one tests. We will work with
 Advanced Battery's research and development team closely in the follow-up
 tests and expect to see additional improvements in other areas."
     "We're very excited to see the successful results in phase one tests",
 commented Advanced Battery Chairman Mr. Zhiguo Fu, "Through the cooperation of
 Advanced Battery and Altair, we're hoping to change the basic economics of
 energy usage in electric vehicles and produce a fundamental change in consumer
 attitudes toward the electric vehicle."
     About Advanced Battery Technologies, Inc.
     Advanced Battery Technologies, Inc., founded in September 2002, develops,
 manufactures and distributes rechargeable Polymer Lithium-Ion (PLI) batteries.
 The Company's products include rechargeable PLI batteries for electric
 automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies
 and other personal electronic devices. ABAT's batteries combine high-energy
 chemistry with state-of-the-art polymer technology to overcome many of the
 shortcomings associated with other types of rechargeable batteries.  The
 Company has a New York office, with manufacturing facilities in China.
     ABAT has accumulated a roster of pending patents for its battery
 technology and is developing unique energy related products. The Company
 operates in the highest growth sector of the battery industry. For more
 information about Advanced Battery Technologies, Inc. (ABAT), please visit:
     About Altair Nanotechnologies, Inc.
     Altair Nanotechnologies, through product innovation, is a leading supplier
 of advanced ceramic nanomaterial technology worldwide. Altair Nanotechnologies
 has assembled a unique team of material scientists who, coupled with
 collaborative ventures with industry partners and leading academic centers,
 has pioneered an impressive array of intellectual property and product
     Altair Nanotechnologies has developed robust proprietary technology
 platforms for manufacturing a variety of crystalline and non-crystalline
 nanomaterials of unique structure, performance, quality and cost. The company
 has a scalable manufacturing capability to meet emerging nanomaterials demands,
 with capacity today to produce hundreds of tons of nanomaterials.
     The company is organized into two divisions: Life Sciences and Performance
 Materials. The Life Sciences Division is pursuing market applications in
 pharmaceuticals, drug delivery, dental materials, cosmetics and other medical
 markets. The Performance Materials Division is pursuing market applications in
 Advanced Materials for paints and coatings; titanium metal manufacturing,
 catalysts and water treatment; and alternative energy. For additional
 information on Altair and its nano-materials, visit .
     Altairnano(TM), Altair Nanotechnologies, Inc.(R), Altair Nanomaterials(TM),
 Altairnano(TM) TiNano(R), RenaZorb(TM), NanoCheck(TM), TiNano Spheres(TM) and
 the Hydrochloride Pigment Process(TM) are trademarks or registered trademarks
 of Altair Nanotechnologies, Inc.
     Safe Harbor Statement under the Private Securities Litigation Reform Act
 of 1995
     This news release contains forward-looking statements within the meaning
 of 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 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, risks that
 the results of subsequent tests will not be consistent with the results of the
 phase one tests or will reveal technical issues that will prevent development
 of contemplated batteries or limit the performance of such batteries, the
 risks that the market for any battery materials or batteries developed as a
 result of the testing for the market for end-products containing such
 batteries may be limited, and the risks that other battery materials receive
 better market acceptance than those described in this release. We undertake no
 obligation to revise or update publicly any forward-looking statements for any
      Ming Liu
      Director and Secretary
      Advanced Battery Technologies, Inc.
      Tel: 718-359-6866
      Investor Relations:
      M. Bradford Randolph
      Randolph & Wang, Inc.
      445 Park Avenue, 14th Floor
      New York, NY 10022
      Tel: 212-759-0097

SOURCE Advanced Battery Technologies, Inc.