SOURCE: Altair Nanotechnologies Inc.

Altair Nanotechnologies Inc.

February 22, 2011 07:30 ET

Altairnano Selected as One of the 2011 "Best and Brightest" Innovating Companies by MDB Capital Group

Patent Innovation Cited as Leading Indicator of Business Performance

RENO, NV--(Marketwire - February 22, 2011) - 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

About Altairnano 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. 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 cells for transportation and industrial applications. For more information please visit Altairnano at

Contact Information

    Altairnano Inc.
    Tom Kieffer
    Vice President - Marketing and Sales
    (765) 356-0180
    Email Contact

    Institutional Investors:
    Brion D. Tanous
    CleanTech IR, Inc.
    Email Contact

    Individual Investors:
    Tom Herbert
    CleanTech IR, Inc.
    Email Contact