RENO, Nev., March 25, 2003 (PRIMEZONE) -- Altair Nanotechnologies, Inc. (Nasdaq:ALTI) announced that it will hold an open house for shareholders, investors and others with an interest in Altair's proprietary technology. The open house will be held at Altair's corporate headquarters located at 204 Edison Way, Reno, Nevada, on Friday, April 11, 2003, at 1:30 p.m.
Attendees are invited to tour the 39,000 square foot state-of-the art nanotechnology manufacturing facility and meet with members of the management team. Altair Nanotechnologies President Dr. Rudi Moerck will be presenting an overview of the company, its nanomaterials, pigment and nano-based pharmaceutical products. After the presentation, management will entertain questions from the attendees. The question and answer session will be followed by a dinner hosted by the company.
To attend the open house, please RSVP by calling Tracy LaFollette at (307) 587-8245 or sending an e-mail to Tracy at altairnano@aol.com no later than Tuesday, April 1, 2003.
"We look forward to meeting with our valued investors and encourage them to attend the open house," said Dr. Moerck. "Unlike most nanotechnology companies, Altair has a multi million dollar manufacturing facility and a laboratory with the latest equipment for the continued development of new nanomaterials, nanoproducts and pigment."
Dr. Moerck went on to note that Altair has just received RenaZorb(tm) test data from one of two pharmaceutical companies participating in both in vitro and in vivo testing. The data confirms Altair's in vitro findings that RenaZorb binds phosphate. The company expects to complete analysis of the data within the next two weeks.
Altair Nanotechnologies, Inc.
Nanotechnology is rapidly emerging as a unique industry sector. Altair Nanotechnologies is positioning itself through product innovation within this emerging industry to become a leading supplier of nanomaterials and technology worldwide. Altair owns a proprietary technology for making nanocrystalline materials of unique quality both economically and in large quantities. The company is currently developing special nanomaterials with potential applications in pharmaceuticals, fuel cells, solar cells, advanced energy storage devices, thermal spray coatings, catalysts, paints and environmental remediation. For additional information on Altair's nanoparticle materials, visit www.altairnano.com.