Altair Nanotechnologies Inc. (Altairnano) (NASDAQ: ALTI) today announced it had been selected by MDB Capital Group as one of the 2011 "Best and Brightest" innovating companies with market capitalization less than $500 million. The award recognizes companies with leading intellectual property based upon MDB's proprietary PATENTVEST metrics.
Christopher Marlett, CEO of MDB Capital Group, commented by saying, "Altairnano's imbedded IP value and demonstrated innovation places it in the top 10% of the approximately 1500 technology companies trading below $500MM in market value as ranked by our proprietary IP intelligence database called PatentVest. Our research has shown that this elite group of companies demonstrating above average PatentVest metrics, such as PatentVest Tech Score and the compound annual growth rate (CAGR) of patent applications, have significantly outperformed their publicly traded peers. In addition, companies in this group have demonstrated higher margins and more sustained growth."
"We continue to believe that Altairnano's investment in Lithium-Titanate nanotechnology creates a unique commercial battery product, and we are pleased to be recognized for our innovation," stated Terry Copeland, Altairnano President and Chief Executive Officer.
Additional information on the "Best and Brightest" Innovating Companies award and the PATENTVEST evaluation criteria can be found at www.mdb.com
All Statements are just opinions and should not be viewed as advice
