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AITi Global Inc

AITi Global Inc (ALTI)

4.32
0.11
(2.61%)
Closed November 05 4:00PM
4.34
0.02
(0.46%)
After Hours: 7:59PM

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ALTI News

Official News Only

ALTI Discussion

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wshaw14 wshaw14 7 years ago
Just checking in here. It went just as I suspected it would. Move to China with intellectual property as your main or, only asset and there will be nothing to salvage. Sure glad I dumped this when I did. It did very well for me a few times. The move to China was a huge mistake. Looks like companies would eventually learn this fact.
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Renee Renee 8 years ago
ALTI revoked despite the company filing a delinquent 10K and 3 delinquent 10Q's:

https://www.sec.gov/litigation/admin/2016/34-79332.pdf

The Financials filed yesterday....too late!!

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001016546&owner=exclude&count=40&hidefilings=0
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Renee Renee 8 years ago
ALTI SEC Admin Proceedings ordering company to file delinquent Financials by Nov. 15,2016 or be subject to revocation of its stock registration.

https://www.sec.gov/litigation/admin/2016/34-78998.pdf

https://www.sec.gov/litigation/admin/2016/34-78997.pdf
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wshaw14 wshaw14 9 years ago
LOL, that China move did not work out so well? Did they get their ip stolen?
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sandtrap246 sandtrap246 10 years ago
TOTAL collapse...BK coming?
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supervalue supervalue 10 years ago
PENNY STOCK and still more red
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DDhawk DDhawk 10 years ago
Bummer...ALTI delisted from NASDAQ...Pinks ahead[?]
http://nanotech.einnews.com/pr_news/223882591/altair-nanotechnologies-notifies-the-nasdaq-of-voluntary-delisting
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wshaw14 wshaw14 11 years ago
Wow, this thing still going nowhere? They cant even get their financials filed on time. Two Nasdaq letters in one month. This company seems to get worse and worse. They do have great tech though, if they can hold on to it down there in China. That will be a job in its self with all of the tech theft allowed. The China move was a huge mistake IMHO.
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Pepperoni Pepperoni 11 years ago
Should benefit heavily on lithium demand in China. TSLA move could make it rise.
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cowboyinvestor69 cowboyinvestor69 11 years ago
keep sellllllinnnggggggg whooo hhhoooo
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cowboyinvestor69 cowboyinvestor69 11 years ago
sell motermer selllllllll
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StockGUI StockGUI 11 years ago
ALTI falling, where is the bottom?
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facetime facetime 11 years ago
This is what we were waiting for
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cowboyinvestor69 cowboyinvestor69 11 years ago
what a runner
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facetime facetime 11 years ago
news ..

On February 9, 2011, Altairnano, Inc. (the "Company") entered into a contract with Inversiones Energeticas S.A. de C.V. (“INE”) in El Salvador to supply a ten megawatt ALTI-ESS energy storage system, which would provide frequency regulation services for the electric grid. Under the contract, the Company could not commence work until INE issued a “Notice to Proceed” to the Company. In turn, the issuance of INE’s Notice to Proceed was contingent on certain technical and commercial regulatory approvals, first from the Unidad Transacciones (“UT”), which oversees the transmission market in El Salvador, and then from the Superintendencia General de Electrcidad y Telecomunicaciones (“SIGET”), which sets the criteria for operating the wholesale electricity market.



Shortly after the execution of the Contract the Company was notified on April 11, 2011, that INE was exercising its right to cancel the contract. According to its termination letter, INE stated that its decision was based on the notice that it had received from SIGET, who questioned the short term feasibility of the project. The Company disclosed the first termination of its contract with INE on April 15, 2011.



On June 7, 2011, INE then granted the Company a 90 day extension of the contract. INE noted that its letter, dated April 11, 2011, was not intended to effect a termination of the contract, but instead provide notice of its initial failure to obtain regulatory approval, which would automatically trigger a termination of the contract, if the issue were not resolved within 120 days. Since that time, the Company and INE have entered into multiple contract extensions to provide INE with additional time to secure the necessary regulatory approvals from both the UT and SIGET. The most recent contract extension was filed on March 5, 2013, and the Company commenced discussions with INE about another contract extension in April 2013.



To support INE’s ongoing discussions with the UT and SIGET, the Company worked with INE to develop technical models, which illustrated the potential impact that a ten megawatt ALTI-ESS system could have had on the El Salvadoran electric grid. In October 2012, the UT issued a favorable report about the use of the Company’s ALTI-ESS system based on their review of this modeling work.



In mid-May, 2013, the Company met with INE in El Salvador to discuss the status of the project and its discussions with the UT. Our contract with INE was due to expire unless extended, and INE noted its intent to move forward with an additional extension. However, in a letter dated, May 28, 2013, INE notified the Company of its decision not to extend the contract. INE cited two reasons for its decision. First, INE noted its belief that the proposed battery system would be too large for the El Salvadoran electrical grid. Second, INE noted that, notwithstanding models suggesting otherwise, the UT did not yet view the proposed system as being economically viable for various market participants.



In its May 28, 2013 letter to the Company and in a subsequent discussion, INE noted its continued interest in using our system. Accordingly, the Company will continue its discussions with INE, UT, SIGET and the U.S. Commercial Service to assess the situation and any potential alternatives, including the use of a resized system. Given the regulatory challenges associated with this contract since inception, the Company has never included the potential revenue associated with the INE contract in its backlog of orders.
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facetime facetime 11 years ago
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BottomBounce BottomBounce 12 years ago
ALTI timmmmmmmmmmmmmmmmmber
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wshaw14 wshaw14 12 years ago
Well, the slide continues. "1-for-6 reverse stock split (ALTI) 0.53" I think that maybe folks are concerned about the theft of intellectual property. Rightly so IMHO "China" is famous for that. That is te reason that I dumped when I did, and likely the reason others are divesting. I hold no ill will, and did fine here a couple of times. I wish all good luck.
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Fibanotch Fibanotch 12 years ago
o.. ok i get it now..so might be a pop then drop? thanx for the info
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wshaw14 wshaw14 12 years ago
"what do u think will make this stock rise?" I think eventually if the tech is not stolen they will generate sales. It is a great tech. The big problem I see here, is that intellectual property is not protected in China.
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Fibanotch Fibanotch 12 years ago
whats..2.50...should be @ 3.00..they get u on split day too...sheeese
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Fibanotch Fibanotch 12 years ago
what do u think will make this stock rise?..besides the split?..
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mlkrborn mlkrborn 12 years ago
R/S 1 FOR 6 @ $0.50

Altair Nanotechnologies announces 1-for-6 reverse stock split (ALTI) 0.53 : Co announces that its Board approved a 1-for-6 reverse stock split, which will become effective immediately following the close of trading on December 17, 2012. The consolidated common shares will begin trading on a split-adjusted basis on December 18, 2012 on the NASDAQ Capital Market.
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wshaw14 wshaw14 12 years ago
LOL, a company with such great Tech. Side-lined by a Chinese agenda? I wonder why they their (cannon group) wanted the military to have none? I would be willing to bet that in war time it would be available. LOL, I guess the Chinese think it will work out??? LMFAO. We have plenty of American educated idiots. My guess is the Chinese are better at disguising idiots also. The Chinese seem to be good at making fakes to look like facts. That will put them in the main stream with the Obama Regime.
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wshaw14 wshaw14 12 years ago
I will sit on the sidelines for a while. This one is not smelling good to me right now. I may or may not buy back in afeter the R/S is over and the price settles.
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futrcash futrcash 12 years ago
S-3 Filed-

http://ih.advfn.com/p.php?pid=nmona&article=54740607

I haven't had a position here in quite some time.

I'm interested in the tech and also look for short term swing trade opportunities here.

The most intelligent recent trade would have been a short @ .70+

The burn rate here is incredibly high,and management continues to execute dubious strategies born out of desperation-

imo-

futr
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wshaw14 wshaw14 12 years ago
Future to me appears to be .35 (factor in the equiv on the R/S) I will buy back in that approx area even though I hate the involvement with China (proven thieves of IP) They can take the tech home and be sanctioned by China to produce and sell it without any legal rights what so ever. Of course what they produce will be made to look like the tech and will not function. That is their operational function. If it looks like it, it must be it. If we remain stupid as we have been. That may very well pass. They and I an laughing our AO. Idiocy ought to be credited.
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wshaw14 wshaw14 12 years ago
I will post exactly what bothers me with this company. I like the tech. I dont like the Chinese connection to the tech. The the theft of intellectual property is well known. I like Chinese money when involved in "real" property that they cant steal. I am out. It looks to me like ALTI will be another theft of intellectual property. It will be profitable, but not for ALTI shareholders. I will moderate the board of no such company.
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wshaw14 wshaw14 12 years ago
I may buy back in after the R/S is completed and the share price stabilizes. I do like the tech. I abhor Reverse Splits.
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futrcash futrcash 12 years ago
Altairnano Selected for Puerto Rico 26 MW San Fermin Solar Project
PrintAlert
Altair Nanotechnologies Inc. (MM) (NASDAQ:ALTI)
Intraday Stock Chart
Today : Thursday 4 October 2012

Altair Nanotechnologies Inc. (Altairnano) (NASDAQ: ALTI) today announced it had been selected by Uriel Renewables Inc. and Coqui Power LLC, a joint development effort for the deployment of solar photovoltaic projects in Puerto Rico, together with TSK Solar, a leading energy EPC contractor and engineering firm, to provide an advanced battery energy storage system for a renewable integration project at the San Fermin 26 MW photovoltaic solar farm in Loiza, Puerto Rico.
Altairnano will provide a 2 megawatt (MW) ALTI-ESS Advantage advanced energy storage system to provide frequency regulation and ramp-rate control. The system will satisfy the technical requirements established by the Puerto Rico Electric Power Authority (PREPA). Altairnano will deliver, install and commission the system before Dec. 31, 2012.
The ALTI-ESS Advantage is Altairnano's newest product for the electric grid market. Building upon the success of its 1 MW ALTI-ESS, the Advantage system provides twice as much power in a container almost 25 percent smaller, and can achieve peak power of 3.6 MW. The batteries are housed in a standard forty (40) foot container that also includes fire safety, heating and cooling, and computer systems necessary to safely and economically operate the system. Using Altairnano's proprietary nano-lithium-titanate chemistry, the batteries are able to last four to six times longer than competitive products, while providing the high-power rapid charging capabilities that are required for frequency regulation. The Advantage was engineered from the ground up to cost significantly less than the product it replaced, creating compelling economic advantages for a diverse range of electric grid applications.
The ALTI-ESS Advantage will provide ramp-rate control for smoothing the power fluctuations associated with photovoltaic applications in addition to frequency regulation required by PREPA.
"It is exciting to work for this project in Puerto Rico with global energy developer Uriel Renewables and its local partner Coqui Power," said Alexander Lee, Altairnano CEO. "Puerto Rico is rapidly expanding the use of photovoltaic and wind power to meet their energy needs, and the ALTI-ESS Advantage is a terrific product for these installations. TSK Solar brings the engineering and technical capabilities necessary to make this a successful project," added Lee.
About Altairnano, Inc.

Altairnano is a leading provider of high-power, energy storage systems for the electric grid, industrial equipment and transportation markets. The company's lithium titanate technology is built on a proprietary nano-scale processing technology that creates high-power, rapid-charging battery systems with industry-leading performance and cycle life. Altairnano is headquartered in Reno, Nevada and maintains operations in Anderson, Indiana; Zhuhai, China; and Wu'an, China. For additional information, please visit: www.altairnano.com.
About Uriel Renewables, Inc.

Uriel Renewables Inc. is the U.S. subsidiary of the Spanish Uriel Inversiones S.A. Group of Companies for the development of renewable energy projects in the Americas. Having been involved in the development, construction, commissioning and operation-ownership of numerous projects and with an overall experience well in excess of 25 years, Uriel currently holds financial interests in the following areas of the renewable energy industry: small hydro, wind energy, concentrated solar power, solar photovoltaic, waste-to-energy landfill biogas and bioethanol.
Forward-Looking Statement

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 Altairnano's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. In addition, other risks are identified in Altairnano's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the SEC. Such forward-looking statements speak only as of the date of this release. Altairnano expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in Altairnano expectations or results or any change in events.
MEDIA CONTACTS:



Altairnano, Inc.

Erin Witt

317-509-5968

ewitt@altairnano.com




futr
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wshaw14 wshaw14 12 years ago


Altairnano Signs Memorandum of Understanding With Shenhua Science & Technology and the National Institute of Clean and Low Ca...http://ih.advfn.com/p.php?pid=nmona&article=54123272
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wshaw14 wshaw14 12 years ago
While I am happy to see this on its way back to $1.00 and above, I am not happy with the 11% apr loan http://ih.advfn.com/p.php?pid=nmona&article=53806600 With the current mortgage rates in the 3% rate. Does not lend a lot of credibility to a company to be paying 11%. I have always liked the long term prospect here, but if that matter is not changed very soon my prospective will be.
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futrcash futrcash 12 years ago
Altair Reports Second Quarter Results-

http://ih.advfn.com/p.php?pid=nmona&article=53767552&symbol=ALTI

Among other items 50 electric buses to be in service in China over the next 2 quarters-

futr
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wshaw14 wshaw14 12 years ago
Did some research. I found it odd that both Alti and HYGS Condidentiality orders with the SEC. I have found a connection between them and Proterra. I think there may be some big news coming in reference to the three of them.
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wshaw14 wshaw14 12 years ago
Ouch, these folks need to get their stuff together. Patience is one thing. Idiocy is another. The China connection as I mentioned before has taken some of my confidence out of this. I have dealt internationally before and have developed a knowledge of whom to trust. I guess to make a long story short, I have a prejudice.
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wshaw14 wshaw14 12 years ago
They have some time to get it up to $1.00. They will have an extension.
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scal59 scal59 12 years ago
but go down every day? teu go up 1 dollar if wont stay at nasdaq ?
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wshaw14 wshaw14 12 years ago
Anybody that does not understand and have full confidence in the battery technology that we have here or has doubts on the (Chinese Quality) dilution should probably exit. Personally I have doubts on the Chinese part of the equation. The negatives I figure are off set by the positives in volume and the fact that the domestic demographic is amiable to the degraded quality. This may cause problems in the US and other markets though. We do truly have superior tech if not diluted. I guess my point is that if produced in China IMHO the degradation of the product will bring it down to 50% of potential.
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wshaw14 wshaw14 12 years ago
The action here looks a little suspicious here. I do have my theories about what is going on. When a position is jerked down dramatically and constantly, it looks like manipulation for accumulation to me. JMHO
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wshaw14 wshaw14 12 years ago
IMHO, they will come through here also. Some will not have the patience to see it through. The one thing I do not like here is that for all intent and purpose this is now a Chinese company. I always swore that I would not hold a Chinese company because of the inferior quality. It seems that they think if it looks like what it is supposed to be that is all that is required. Quality IMHO is never the object. If they build a war-ship it would sink its self.
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wshaw14 wshaw14 12 years ago
Ouch, I sure am glad I sold some of this. Guess it is maybe time to start buying again. Looks like for some reason investors did not like the "Post-Effective Amendment to Registration Statement (POS AM)". Did not bother me. Maybe I missed something.
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futrcash futrcash 12 years ago
What intrigues me most regarding ALTI is the background of their current CEO and his track record of success with Duracell-

Not currently holding a position here,but thinking about it again.

futr
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wshaw14 wshaw14 12 years ago
It is getting close to time for them to S##T OR GET OFF THE POT. In my personal opinion, I think the POT has already been vacated. We will see in the next few days. I think they are done and fixing to excel. JMHO.
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wshaw14 wshaw14 13 years ago
04-24-2012 Altair Partners With Chinese Cities of Handan and Wu'an to Accelerate the Production and Deployment of Lithium Titanate Energ... http://ih.advfn.com/p.php?pid=nmona&article=52124166
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futrcash futrcash 13 years ago
You're not the only one-

futr
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wshaw14 wshaw14 13 years ago
Cannon is obviously exercizing their control over the company. With the last two PRs it is becoming more obvious to me that finally something is going to come of this tech. JMHO
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acc acc 13 years ago
News: Altairnano Organizes to Accelerate Global Business Growth
Date : 04/05/2012 @ 8:00AM
Source : MarketWire
Stock : Altair Nanotechnologies Inc. (ALTI)
Quote : 0.61 0.0 (0.00%) @ 8:00AM

Altairnano Organizes to Accelerate Global Business Growth
Print
Alert
Altair Nanotechnologies Inc. (MM) (NASDAQ:ALTI)
Intraday Stock Chart
Today : Thursday 5 April 2012


Altair Nanotechnologies Inc. (Altair) (NASDAQ: ALTI) today announced Alexander Lee had been appointed interim Chief Executive Officer, and that Liming (Albert) Zou had been appointed President at a special Board of Directors meeting on April 1, 2012, replacing Frank Gibbard.
The appointments reflect the need for Altairnano to position the company for global growth both from its U.S.-based operations and in China. Mr. Lee will focus mainly on Altair's U.S. operations, while Mr. Zou will lead the expansion of Altairnano's business in China.

"We recognize the importance of growing the U.S.-based business and to maintain our focus on Altair's core LTO technologies along with the expertise we have developed in systems engineering and manufacturing for the electric grid, transportation, and industrial markets," said Yincang Wei, Altair Board Chairman. "At the same time, we see significant growth opportunities in China, and believe that this management structure will allow the company to pursue the full range of opportunities."

Mr. Zou has served as an independent director on Altair's board since July 2011. Mr. Lee has served on the Altair Board of Directors since December 2009, and was a member of its Audit, Compensation, Governance and Nomination Committees. Mr. Lee's and Mr. Zou's collective experience on the board provides additional insight into the company and its business expansion goals.

"We continue to see strong customer interest in Altair's technology for applications that require safety, rapid charging, long cycle life, and that must operate over a wide temperature operating range," said Lee. "This organization structure will enable us to drive revenue, while expanding into the China market in a focused manner."

ABOUT ALEX LEE

Alexander Lee is the managing director of Al Yousuf LLC (AYL) and CEO of Phoenix Cars LLC, which is a wholly-owned subsidiary of AYL.

Mr. Lee joined AYL as a managing director in December 2009. From January 2008 to October 2009, Mr. Lee held executive-level positions at Phoenix MC, Inc. (PMC) and at Phoenix Cars, LLC (PCL). PCL is an Al Yousuf LLC entity that, in September 2009, acquired the operating assets of PMC, a developer of electric vehicles. Mr. Lee became CEO of PCL in August 2010.

Prior to PMC, Mr. Lee worked at Rapiscan Systems, a developer, manufacturer and distributor of X-ray, gamma-ray and computed tomography products. Mr. Lee was vice president of strategic planning at Rapiscan from February 2006 to December 2007. Mr. Lee joined Rapiscan as the head of its government contracts and proposals group in October 2003.

Mr. Lee earned a B.A. degree from Brown University and a J.D. degree from the University of California, Davis, School of Law.

ABOUT ALBERT ZOU

Since 2009, Mr. Zou has served as the CEO of YuView Holdings, Ltd. Mr. Zou previously served as vice president for Asian Coast Development, Ltd. from 2007 to 2008. In this position Mr. Zou had primary responsibility for marketing and business development in China. Mr. Zou served as executive director of SI-TECH Information Technology, Ltd. from 2005 to 2007, where he was responsible for corporate financing and mergers and acquisitions. From 2004 to 2005, Mr. Zou served as a director of Confederate Finance Corp.

Mr. Zou earned his bachelor's in Science from Beijing University of Posts and Telecommunications and earned his master's degree in science from the Graduate School of China Academy of Posts and Telecommunications. He also earned an MBA from the Richard Ivey School of Business at the University of Western Ontario, Canada.

ABOUT ALTAIR

Headquartered in Reno, Nev. with manufacturing in Anderson, Ind., Altairnano is a leading provider of energy storage systems for clean, efficient power and energy management. Altairnano's lithium-titanate based battery systems are among the highest performing and most scalable, with applications that include complete energy storage systems for use in providing frequency regulation and renewables integration for the electric grid, and battery modules and systems for transportation and industrial applications. For more information please visit Altair at www.altairnano.com.

FORWARD-LOOKING STATEMENT

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 Altair's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include the risk that Altair will be unable to expand sales of its products as a result of the early stage of the market, concerns regarding Altair's products, as a result of general economic conditions, as a result of political or regulatory concerns or for other reasons and the risk that Altair will be unable to execute its Chinese expansion plan or that it will not achieve expected economies of products or sales in the Chinese market. In addition, other risks are identified in Altair's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the SEC. Such forward-looking statements speak only as of the date of this release. Altair expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in Altair expectations or results or any change in events.

MEDIA CONTACTS:



Media:



Erin Witt

Marketing Consultant

317-509-5968

ewitt@altairnano.com



Investors:



Larry Clawson

Director, Financial Planning and Analysis

775.858.3728

lclawson@altairnano.com
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wshaw14 wshaw14 13 years ago
No kidding? "There's no such thing as 100 % success. Cannon could fail." I am sorry if I left the impression that anything I say is 100%. It is simply MHO.
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beach_trades beach_trades 13 years ago
There's no such thing as 100 % success. Cannon could fail.
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dannol48 dannol48 13 years ago
ALTI 10-K Filed after Market Close 3/30

http://www.sec.gov/Archives/edgar/data/1016546/000143774912003144/0001437749-12-003144-index.htm

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