Altair receives order from battery company

Aug. 12, 2005 — Altair Nanotechnologies Inc. (NASDAQ: ALTI) announced that it has received an order for 2,200 pounds of lithium titanate spinel electrode nanomaterials from Advanced Battery Technologies Inc.

The materials, manufactured at Altair’s facilities in Reno, Nev., are slated to be shipped in September for Advanced Battery’s development program for polymer lithium Ion (PLI) batteries for electric vehicles. The company says developmental PLI batteries will be tested in standard battery test protocols and in real world road tests in an electric bus and an electric sedan.


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