Leading Nanotechnology Manufacturer Says EPA Draft White Paper Neglects Federal Funding of R&D

Jan 30, 2006, 00:00 ET from Altair Nanotechnologies Inc.

    RENO, Nev., Jan. 30 /PRNewswire/ -- Altair Nanotechnologies Inc.
 (Altairnano) said today that an Environmental Protection Agency (EPA) draft
 white paper on nanotechnology does not go far enough in calling for federal
 funding of studies on the environmental, health and safety impacts of
 nanotechnology. The EPA solicited public comment on the paper from Dec. 21,
 2005, to Jan. 31, 2006.
     "An otherwise excellent report, this draft falls short of our expectations
 in one area: providing a compendium of federal funding programs that could
 support private-sector and public/private-sector collaborations to fill
 current research gaps," said Alan J. Gotcher, Altair Nanotechnologies CEO.
 "Since nanomaterial innovators and nano-commercializers are the ones 'on the
 ground,' it's critical to have them collaborating with government and academic
 research groups in these R&D programs."
     A partnership between Altairnano, the National Institute on Occupational
 Safety and Health (NIOSH) and the University of Nevada to study the
 environmental and occupational impact of nanoparticles in Altairnano's
 facilities is just one example of how voluntary collaborations are already
 under way without government intervention.
     "In the fall of 2005 we began collecting and analyzing nanoparticles and
 air samples at Altairnano's Reno facility," said Tabitha Maher, a researcher
 with the University of Nevada. "We will have quantitative data on our study in
 about a month. However, preliminary results show that Altairnano's particulate
 aggregates are of a size that would not likely harm either the environment,
 employees or consumers."
     Through its partnership with NIOSH and the U. of Nevada, and its "green"
 initiatives and products (e.g., Lithium-ion nano-battery technology),
 Altairnano is already meeting the white paper's recommendations related to
 environmental stewardship.  In its response to the EPA white paper, Altairnano
 called on other members of the industry to do the same, and for the federal
 government to help them.
     For a copy of Altairnano's comments, or an interview, please contact Sanda
 Pecina (202-367-1622, specina@akerpartners.com), or Matt Taylor (202-367-1631,
     Altair ("Altairnano") is a leading supplier and innovator of advanced
 ceramic nanomaterial technology. Based in Reno, Nevada, Altairnano has
 assembled a unique team of materials scientists who, coupled in collaborative
 ventures with industry partners and leading academic centers, have pioneered
 an array of intellectual property and products.  Altairnano's robust
 proprietary technology platforms produce a variety of crystalline and non-
 crystalline nanomaterials of unique structure, performance, quality and cost.
 The company has scalable manufacturing capability to meet emerging
 nanomaterials demands. Altairnano's two divisions, Life Sciences and
 Performance Materials, are focused on applications where its nanotechnology
 may enable new high growth markets. For additional information on Altairnano
 and its nanomaterials, visit http://www.altairnano.com.

SOURCE Altair Nanotechnologies Inc.