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Wednesday, 10/25/2006 3:22:16 AM

Wednesday, October 25, 2006 3:22:16 AM

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Press Release Source: Altair Nanotechnologies Inc.

Altairnano Exhibits NanoSafe Battery at SEMA Automotive Show
Tuesday October 24, 9:45 am ET
Altairnano with Phoenix Motorcars and Boshart Engineering to receive highlighted spot

RENO, Nev.--(BUSINESS WIRE)--Altair Nanotechnologies Inc. (NASDAQ: ALTI - News), 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
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