Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Altairnano to Conduct Nanosensor Research for the U.S. Army

Tue. October 13, 2009; Posted: 12:56 PM
Stocks RSS
RENO, NV, Oct 13, 2009 (MARKETWIRE via COMTEX) -- ALTI | Quote | Chart | News | PowerRating -- Altair Nanotechnologies, Inc. (NASDAQ: ALTI), a leading provider of energy storage systems for clean, efficient power and energy management, today announced it has signed a research agreement with the U.S. Army RDECOM Acquisition Center for a cost reimbursement contract that could be worth up to $1.75 million. The terms of the contract were signed on September 3, 2009 and run through September 2, 2010.

Under the agreement, Altairnano will conduct primary research of sensitive and selective nanosensors in order to determine how single sensing molecules combined with nanoparticles respond to airborne nerve agents and toxic industrial chemicals. Altairnano will also work on incorporating the technology into a portable sensing device that could one day help to protect men and women of the U.S. Army from the threat of chemical weapons.

"This is another important milestone in our work with the military," said Terry M. Copeland, Altairnano's CEO. "We believe Altairnano's technologies are uniquely positioned to help the U.S. Army in the development of portable, life-saving sensors that could one day be utilized on the battlefield. Altairnano is proud to help improve the effectiveness and safety of the men and women defending our nation."

About Altair Nanotechnologies, Inc.

Headquartered in Reno, Nevada with manufacturing in Anderson, Indiana, Altairnano is a leading provider of energy storage systems for clean, efficient power and energy management. Going beyond lithium ion, Altairnano's Lithium-Titanate based battery systems are among the highest performing and most scalable, with applications that include battery cells for military artillery, battery packs for hybrid vehicles and energy storage systems for large-scale stationary power services. For more information please visit Altairnano at www.altairnano.com.

Forward-Looking Statements

This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual plans, results and performance in future periods to be materially different from any plans, future results or performance suggested by the forward-looking statements in this release. These risks and uncertainties include, without limitation, the risks that the research referred to in this release may be unsuccessful, that even if the research is successful, that any products developed will not perform as expected in future testing or real-world applications; and that even if full commercialization occurs, product sales may be limited and costs associated with production may exceed revenues. In addition, other risks are identified in the company's most recent Annual Report on Form 10-K and Form 10-Q, as filed with the SEC. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.

For Additional Information:

Institutional Investors:
Brion D. Tanous
CleanTech IR, Inc.
310-541-6824
Email Contact

Individual Investors:
Marty Tullio
McCloud Communications, LLC
949-553-9748
Email Contact

Media Relations:
Jeff Brunings
Director, Strategic Marketing
Altair Nanotechnologies, Inc.
775-856-2500
Email Contact


SOURCE: Altairnano

http://www2.marketwire.com/mw/emailprcntct?id=D8AC2399CDFDFBF1
http://www2.marketwire.com/mw/emailprcntct?id=906F6BD4939CE318
http://www2.marketwire.com/mw/emailprcntct?id=FB286AF71DCE0CE8
For full details on Altair Nanotechnologies Inc (ALTI) click here. Altair Nanotechnologies Inc (ALTI) has Short Term PowerRatings of 5. Details on Altair Nanotechnologies Inc (ALTI) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [ALTI]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.