Altairnano Chief Applications Engineer, Grid Stabilization Products, Elected to Electricity Storage Association Board

RENO, NV, Jun 24 (MARKET WIRE) --
Altair Nanotechnologies Inc. (Altairnano) (NASDAQ: ALTI), a leading
provider of energy storage systems for clean, efficient power and energy
management, announces that its chief applications engineer for grid
stabilization products was elected to the Electricity Storage Association
Board of Directors, as well as named to an IEEE working group addressing
a critical initiative to develop smart grid standards.

The Electricity Storage Association (ESA) promotes the development and
commercialization of competitive and reliable energy storage delivery
systems for use by electricity suppliers and their customers. Altairnano
Chief Applications Engineer for Grid Stabilization Products, Chet
Sandberg, P.E., was elected to a two-year term on the board, and will
serve on ESA's Finance Committee.

Sandberg will also represent Altairnano on an IEEE (Institute of
Electrical and Electronics Engineers, Inc.) standards working group,
P2030, which will provide a knowledge base for understanding and defining
smart grid interoperability of the electric power system with end-use
applications and loads. According to IEEE, P2030 will define key elements
of the modernized grid, and accelerate progress in making the smart grid
a reality. Sandberg is a member of the Power Engineering Technology Task
Force 1.

"This is one of the most exciting times to be part of the energy
industry," Sandberg said. "The challenges associated with grid
instability, renewable integration and other issues are formidable, but
our technology, and its distinctive performance attributes, is ideally
suited to solve them. I'm pleased that my involvement with ESA and IEEE
will help accelerate the adoption of advanced technologies."

Sandberg is a nationally recognized electrical and mechanical engineer
with an impressive 40-year track record in advanced technology innovation,
development and commercialization. For more than three years, Sandberg has
been actively involved in the development of Altairnano's utility-scale
power storage solutions for grid stabilization and renewable integration
applications.

Named an IEEE fellow in 2000 for his contributions to electrical heat
tracing for industrial and commercial applications, Sandberg holds two
professional engineering licenses in the state of California, has been
awarded 21 patents and has published more than 50 technical papers on
energy storage, electric heat tracing, fiber optics, sensor technology and
other topics. Sandberg received a BS in Mechanical Engineering from the
Massachusetts Institute of Technology and a MS in Electrical Engineering
from Stanford.

"Chet is a nationally recognized engineer, and these appointments are
further recognition of his outstanding career," said Terry Copeland,
Ph.D., Altair Nanotechnologies' Chief Executive Officer. "The ESA and
IEEE are both heavily engaged in moving forward new developments, such as
Altairnano's Energy Storage System, to improve the efficiency and
stability of the grid. We are pleased that Chet will be more intimately
involved with both organizations."

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 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 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
and uncertainties include, without limitation, the risks that development
of the advanced lithium ion-based batteries and related products described
herein will not be completed for technical, political, strategic or other
reasons; 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:
C. Robert Pedraza
Vice President, Corporate Strategy
Altair Nanotechnologies Inc.
775.856.2500
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

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