Altair/MIT Fuel Cell Program

Apr 26, 2001, 01:00 ET from Altair International Inc.

    CODY, Wyo., April 26 /PRNewswire/ -- Altair International Inc.
 (Nasdaq:   ALTI) announced today that its subsidiary Altair Technologies, Inc.
 (www.altairtechnologies.com) completed its second quarterly review of work
 performed under a sponsored Research Agreement at the Massachusetts Institute
 of Technology (MIT) in Cambridge, MA.
     Altair's goal is to develop, utilizing catalyst systems developed at MIT;
 a reliable and economic nano-materials based solid oxide fuel cell (SOFC)
 system.  According to Dr. Bruce Sabacky, performance on the program by MIT's
 Nanostructured Materials Research Laboratory, under the direction of Principal
 Investigator Professor Jackie Y. Ying, is fully on schedule and meeting or
 exceeding all expectations.
     Dr. Ying, a recognized leader in the field of catalyst research, reported
 the completion of a state of the art fuel cell reactor test facility in the
 Nanostructured Materials Research laboratory at MIT.  The test facility, which
 incorporates all related measurement and data acquisition equipment, has had
 excellent results testing new fuel cell anode materials.  Future tests will
 combine catalytic tests with conductivity and electrical generation tests of
 the SOFC fuel cell.
     During the review session Altair presented the first generation of a
 porous Yttria stabilized Zirconia electrode and eletrolyte support structure.
 Both the rutile Titania and the Yttria stabilized Zirconia structures are to
 be tested as part of the research by MIT.
     Altair International owns a proprietary technology for making
 nanocrystalline materials of unique quality, economically in large quantities.
 The company is currently developing special nanomaterials with potential
 applications in fuel cells, hard coatings, catalysts, cosmetics, paints,
 batteries, semi-conductors, telecommunications and environmental remediation.
 Altair holds mineral leases on a "world class" titanium mineral sand deposit
 in Tennessee where the recently constructed pilot plant is operational.
 
     This press release may be deemed to contain certain forward-looking
 statements with respect to Altair that are subject to risks and uncertainties
 that include, but are not limited to, Altair's ability to obtain necessary
 capital, performance and reliability of technology, market acceptance of
 products using Altair technology, variance in anticipated production costs and
 unanticipated effects of regulatory requirements related to the technology, as
 well as those identified in the Company's press releases or discussed from
 time to time in the Company's Securities and Exchange Commission filings.
 Actual results may vary materially.
 
     For further information please contact William P. Long, President of
 Altair International Inc., 307-587-8245; or Paul Savageau of Savageau &
 Associates, 303-756-8045.
 
     News releases and other information on Altair can be accessed at no charge
 at Altair's website www.altairint.com
     For technical information on Altair's nanoparticle operations visit our
 website www.altairtechnologies.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X53563577
 
 

SOURCE Altair International Inc.
    CODY, Wyo., April 26 /PRNewswire/ -- Altair International Inc.
 (Nasdaq:   ALTI) announced today that its subsidiary Altair Technologies, Inc.
 (www.altairtechnologies.com) completed its second quarterly review of work
 performed under a sponsored Research Agreement at the Massachusetts Institute
 of Technology (MIT) in Cambridge, MA.
     Altair's goal is to develop, utilizing catalyst systems developed at MIT;
 a reliable and economic nano-materials based solid oxide fuel cell (SOFC)
 system.  According to Dr. Bruce Sabacky, performance on the program by MIT's
 Nanostructured Materials Research Laboratory, under the direction of Principal
 Investigator Professor Jackie Y. Ying, is fully on schedule and meeting or
 exceeding all expectations.
     Dr. Ying, a recognized leader in the field of catalyst research, reported
 the completion of a state of the art fuel cell reactor test facility in the
 Nanostructured Materials Research laboratory at MIT.  The test facility, which
 incorporates all related measurement and data acquisition equipment, has had
 excellent results testing new fuel cell anode materials.  Future tests will
 combine catalytic tests with conductivity and electrical generation tests of
 the SOFC fuel cell.
     During the review session Altair presented the first generation of a
 porous Yttria stabilized Zirconia electrode and eletrolyte support structure.
 Both the rutile Titania and the Yttria stabilized Zirconia structures are to
 be tested as part of the research by MIT.
     Altair International owns a proprietary technology for making
 nanocrystalline materials of unique quality, economically in large quantities.
 The company is currently developing special nanomaterials with potential
 applications in fuel cells, hard coatings, catalysts, cosmetics, paints,
 batteries, semi-conductors, telecommunications and environmental remediation.
 Altair holds mineral leases on a "world class" titanium mineral sand deposit
 in Tennessee where the recently constructed pilot plant is operational.
 
     This press release may be deemed to contain certain forward-looking
 statements with respect to Altair that are subject to risks and uncertainties
 that include, but are not limited to, Altair's ability to obtain necessary
 capital, performance and reliability of technology, market acceptance of
 products using Altair technology, variance in anticipated production costs and
 unanticipated effects of regulatory requirements related to the technology, as
 well as those identified in the Company's press releases or discussed from
 time to time in the Company's Securities and Exchange Commission filings.
 Actual results may vary materially.
 
     For further information please contact William P. Long, President of
 Altair International Inc., 307-587-8245; or Paul Savageau of Savageau &
 Associates, 303-756-8045.
 
     News releases and other information on Altair can be accessed at no charge
 at Altair's website www.altairint.com
     For technical information on Altair's nanoparticle operations visit our
 website www.altairtechnologies.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X53563577
 
 SOURCE  Altair International Inc.