Nanophase Quartalszahlen

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Nanophase Quartalszahlen Kaiser Sosá
Kaiser Sosá:

Nanophase Quartalszahlen

 
27.07.00 17:40
#1
my.zacks.com/cnews.php3?story_id=109511&partner=Zacks&tick=NANX

Der ganze Text wäre ziemlich zerstückelt hier angekommen, deshalb die Highlights:

total revenue Q2: $1,105,000 ($329,000)

net loss Q2: $1.3million or $ .09 per share (fully-diluted) ( $1.6 million or $ .12 per share (fully-diluted))

Grüsse

der Kaiser
Nanophase Quartalszahlen Kicky
Kicky:

was mir besonders gefällt:wir erwarten deutliches Wachstum im 3.und 4.

 
28.07.00 00:10
#2
Hier ist der Bericht leider auf englisch,die genaueren Zahlen dazu findet Ihr unter dem unten angegebenen Link                                Nanophase Technologies Announces Second Quarter 2000 Results

BURR RIDGE, Ill., July 26 /PRNewswire/ -- Nanophase Technologies Corporation (Nasdaq: NANX), a leader in nanomaterials and nanoengineered products, today announced its second quarter and first half 2000 results. For the quarter ended June 30, 2000, total revenue was approximately $1,105,000 compared with total revenue of approximately $329,000 for the same period in 1999. Second quarter 2000 product revenue was approximately $1 million and other revenue was approximately $105,000. The company reported a net loss for the second quarter 2000 of approximately $1.3 million or $ .09 per share (fully-diluted), compared with a net loss in second quarter 1999 of approximately $1.6 million or $ .12 per share (fully-diluted). The company's per share loss in the second quarter of 2000 is based on approximately 13.5 million weighted average shares outstanding.

"We are very encouraged by our first-half year progress, and reaching the second quarter and six month revenue target toward our 2000 goal of tripling revenue from 1999," said Joseph Cross, Nanophase's president and CEO. "Clearly, revenue growth, comparing the completed quarter and first half of 2000 to the same periods in 1999, of 235% and 163%, respectively, is a real achievement for the company. We believe that this significant growth demonstrates the value and increasing acceptance of our technology, the success of the new business model installed during 1999, and the strength of the management team and infrastructure that has been assembled during the past fifteen months."

During the second quarter, the company completed a major phase of scaling manufacturing capacity and infrastructure required to meet customer demand and leased an additional facility to allow necessary expansion for further nanocrystalline process and product development. Cross noted that these accomplishments are vital steps in positioning the company for expected revenue growth during 2001 and beyond.

"We have made considerable progress toward our goals of reducing total manufacturing cost by 25%, continuing to improve the manufacturing supply chain, and developing business for late 2000 and 2001," said Cross. "We have reduced the manufacturing cost of one major product by approximately 30% and will be implementing actions during the third quarter to achieve similar reductions in direct and indirect manufacturing costs on our current largest volume product. We expect that the financial results of these sequential actions will become increasing realized during the third quarter and fully realized by the end of the fourth quarter."

Cross noted that Nanophase's business development initiatives are continuing to make planned and expected progress toward increasing product revenues during the rest of this year and into 2001, and that the company continues to find and be presented with additional opportunities for using nanocrystalline technology.

"We expect that our current Burr Ridge manufacturing facility, which will receive additional capacity and capability upgrades during the last half of this year, will be essentially fully utilized during 2001," explained Cross. "The additional facility will allow us to accelerate nanocrystalline process and product development efforts, as well as add additional manufacturing equipment to produce new products for current and targeted markets."

"Based on current business and projections, we expect continuing growth in quarterly revenue with third quarter revenue slightly ahead of this past quarter. Our major areas of focus for the third and fourth quarters will be to complete the move to the new facility beginning in August, complete the scale-up of the Burr Ridge site, continue final development of two new nanoprocesses, and position business for 2001. We remain comfortable with our revenue goal for 2000 and confident with our stated plans for significant growth during 2000-2001."

Nanophase will host a quarterly conference call on July 27, 2000 at 10:00 am CST, which will be broadcast on the Internet by Vcall. For information on how to "attend" this virtual conference call, log in at www.vcall.com.

Nanophase Technologies Corporation provides engineered solutions utilizing nanocrystalline materials for a variety of industrial product applications. Using proprietary technology to produce nanocrystalline materials, the company creates products with unique performance attributes. The company's global customer base includes a number of Fortune 500 companies. Nanophase trades on the Nasdaq NMS under the symbol "NANX." Visit the company's web site at www.nanophase.com .

quote.bloomberg.com/...8q4BXfTmFub3Bo&T=marketsquote99_news.ht
Nanophase Quartalszahlen Kaiser Sosá
Kaiser Sosá:

Das Wachstum stimmt mich auch postiv, aber

 
28.07.00 17:46
#3
erstmal geht's wieder abwärts. War ja abzusehen.

Sag mal Kicky, bist Du eigentlich an der NASDAQ in nanx investiert, oder am Neuen Markt?? Am Neuen Markt scheint mir momentan das Volumen viel zu klein um irgendwelche Bewegungen zu machen.

Bin gerade am überlegen, ob ich kurzfrisitg raus soll, um woanders einzusteigen (bei den momentanen Preisen erlockend ;-) )


Grüsse

der Kaiser
Nanophase Quartalszahlen Kicky
Kicky:

Kaiser ,wieso am Neuen Markt?natürlich vom Makler im Freiverkehr

 
28.07.00 17:55
#4
habe kein USA-Konto.Man kann sich das schon überlegen,nur momentan denk ich es ist zu früh,was anderes zu kaufen,Montag wird es sicher nochmal herbe und ich warte,bis sich das beruhigt hat,den billigsten Zeitpunkt erwischt man selten.
Nanophase Quartalszahlen Kaiser Sosá
Kaiser Sosá:

Werde wohl auch noch bis Montag warten

 
28.07.00 18:07
#5
allerdings heute die ein oder andere Position verkaufen, um etwas mehr Cash zur Verfügung zu haben. Nanx bleibt aber erstmal im Depot.
Nanophase Quartalszahlen brincki
brincki:

Habt ihr schon...

 
28.07.00 18:40
#6
erste Positionen bei Nanophase aufgebaut? Ich denke die Technologie wird wahrscheinlich bald bei der Chipherstellung verwendet. Damit wäre dann wohl ein deutlich höhrer Kurs zu erwarten. Die Frage ist bloß wannnnnnnnnn???

brincki
Nanophase Quartalszahlen Kaiser Sosá
Kaiser Sosá:

Bin rein bei 12,10€ ;-(

 
28.07.00 20:13
#7
Klar, bis der Technologievorteil voll zum Tragen kommt, kann es noch dauern.
Ich denke aber dass spätestens mit guten Q3-Zahlen einige auf Nanophase aufmerksam werden dürften. Vielleicht stossen ja auch jetzt schon umsichtige Anleger drauf, die gerade dabei sind den aktuellen Absturz zu verkraften und sich nach kleinen aber soliden Werten umsehen ..........

Grüße und ein schönes Wochenende wünscht

der Kaiser
Nanophase Quartalszahlen brincki
brincki:

Danke. Kicky...

 
28.07.00 20:21
#8
bist du schon rein? Ich denke man sollte erstmal den Montag und vielleicht auch Dienstag abwarten. Momentaner Kurs ist Nasdaq 9,5$ und Berlin 9,8€.
Wenn das stimmt, müßte doch laut Umrechnung der Kurs noch weiter runtergehen oder sehe ich das falsch? Ich kann mich irren. Wäre nett, wenn ihr das mal nachrechnet.

Rechnung:

1 Dollar kostet ca. 0,93 Euro

9,5 Dollar kosten 8,835 Euro (laut TR)

Danach müßte die Aktie noch billiger werden oder?

Lasse mich gerne belehren.

brincki
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Nanophase Quartalszahlen Kicky
Kicky:

brincki,Du vergisst,wenn Du in USA kaufst sind die Gebühren weit höher.

 
28.07.00 23:20
#9
drüben Geld auf einem eigenen Konto haben,was wohl kein Problem bei Consors ist,weil die eine Partnerbank haben.Ich finde das umständlich,aber vermutlich verkauft man auch leichter drüben,was hier nicht immer gewährleistet ist.Ich habe schon lange die Nanophase,haben aber rein gar nichts mit Chips zu tun,da sind IBM und Hewlett Packard über Agilent Technology schon viel weiter.Es gibt mehrere lange Threads zu den Themen Nanotechnologie und Nanophase. Hier sind die zu IBM und AT und ein paar andere                                www.labs.agilent.com/
www.research.ibm.com/topics/serious/nano/
www.nanop.de/
www.nanonet.de/
www.ee.princeton.edu/~chouweb/
www.imm.org/Links.html
www.atoma.f2s.com/nanotechnology.htm
www.nanoindustries.com/
itri.loyola.edu/nano/IWGN.Research.Directions/
www.nanoclub.de/
viel Spass beim Studieren!
Nanophase Quartalszahlen hugo
hugo:

Kicky

 
28.07.00 23:31
#10
Hallo Kicky,

bist Du in einen der oben angesprochenen Werte long (insbesondere richtet sich mein Augenmerk auf Agilent Technologies)? Der Wert ist nach Bekanntgabe der "schlechten" Zahlen/Engpässen ja gewaltig unter die Räder gekommen.
Habe hier schon eine erste Position zu 52 Euro diese Woche aufgebaut.

Vielleicht bist Du von dem Wert ja auch überzeugt?

Gruß

hugo
Nanophase Quartalszahlen Kicky
Kicky:

Hugo:zu Agilent

 
29.07.00 16:13
#11
www.clearstation.com/cgi-bin/...r=http://www.clearstation.com/
hab sie mir jetzt mal angesehen,insbesondere den Chart,wenn man oben auf graph tools clickt und dann auf 3Monate und MACD,Stochastic und 50-bzw.200Tagelinie.Ich würde nach der Stochastik sagen,sie müsste jetzt wieder steigen,auch das Volumen war wieder durch Käufe gekennzeichnet,liegt aber verdammt weit unter der 200-und 50Tagelinie nach einem Gap.Kannst Dir die Zahlen mal ansehen,sind nicht berauschend unter Profile.
Ich hab tatsächlich einzig und allein noch die Nanophase und die auf long,eigentlich hätte ich zwischendurch auch rausgehen sollen,immer nach guten News,die war schon mal bei 17 oder so.
Nanophase Quartalszahlen Laserfuzzy
Laserfuzzy:

@ brinki

 
29.07.00 19:20
#12
ich denke es muesste heissen :

1 Euro kostet 0,93 $

was bedeutet die Kurse im hiesigen Freiverkehr lauten in Euro ca 7 % hoeher als in US $

MfG
Nanophase Quartalszahlen newbie
newbie:

Umrechnung

 
30.07.00 14:40
#13
9,5/0,93=10,22 (Euro)!
So geht das !

Nanophase Quartalszahlen Kicky
Kicky:

Hier eine sehr gute Seite eines Stockholders zu Nanophase Technologi.

 
01.08.00 19:37
#14
208.55.225.8/old/Stockholder2000Rev2_files/frame.htm
Nanophase Quartalszahlen tgk1
tgk1:

Ziele der Unternehmensführung (+9%)

 
07.08.00 21:12
#15
     Nanophase Discusses New Dynamic Initiatives, Provides Update on Progress Toward 2000 Revenue,
     Performance Goals

       
     MONDAY, AUGUST 07, 2000 8:30 AM
     - PRNewswire

    BURR RIDGE, Ill., Aug 7, 2000 /PRNewswire via COMTEX/ -- Nanophase Technologies Corporation (Nasdaq:NANX), a leader in
    nanomaterials and nanoengineered products, recently provided investors and analysts with an update of its success in attaining
    specific performance, operating and growth goals. The company also discussed for the first time two initiatives designed to
    broaden the potential markets for nano-engineered products, and dramatically reduce production costs.

    Joseph Cross, president and CEO, told investors in a recent conference call (available for replay at www.vcall.com ): "The
    company is tightly focused on meeting its business plan goals and objectives for 2000 and positioning business for 2001.
    Specifically, we are concentrating in five major areas of performance, and in each of these core areas, the second quarter was
    very positive."

    Cross, and his management team provided updates of the company's progress toward five financial, operating, and growth goals:

        1. Tripling revenue from 1999 and 2000 and achieving a positive gross
           margin during third quarter;
        2. Regularly developing new Nano processes and establishing patents and
           trademarks;
        3. Reducing manufacturing costs by increasing productivity, output rates,
           and yields, while reducing direct and indirect costs throughout the
           supply chains;
        4. Increasing manufacturing capacity to introduce new products to address
           current and targeted market opportunities; and,
        5. Positioning the business for 2001.

    Cross noted: "Revenue growth continues as the company's sales exceeded the same period of 1999 by 235% and we surpassed
    our internal quarterly goal that will lead to tripling revenue this year over last. In the first half of 2000, the company shipped
    approximately $1.7 million of product, which is 163% above the same period last year and is actually 23% greater than our entire
    1999 revenue. Second quarter revenue represented 68% sequential growth over the first quarter of 2000"

    Relative to manufacturing, significantly expanded production levels with a major customer contributed to a six-fold increase in
    product output compared with first quarter 2000. The company currently serves four primary markets -- industrial coatings,
    healthcare, environmental catalysts, and ceramics, and is actively exploring additional vertical markets.

    To the coatings market, second quarter product sales increased 8% percent over first quarter, and the company anticipates further
    growth as new formulations reach the production stage of development cycles.

    Second quarter healthcare product sales had a massive increase of 172% versus first quarter, due primarily to filling the global
    pipeline with zinc oxide for sunscreen applications. Manufacturers in sunscreen, foot care and other healthcare products use
    Nanophase's zinc oxide formulation. Its nanocrystalline molecular structure promotes ease of application and greater application
    effectiveness. Product sales of zinc oxide represented approximately 60% of first quarter revenue, growing to over 80% of second
    quarter revenue. Zinc oxide sales are expected to represent approximately 40% of third quarter 2000 revenue.

    "Nanophase is developing important customers that are allowing us to deliver quarter-to-quarter growth while balancing the
    significant variability of developing customers," reported Dan Bilicki, vice president of sales and marketing.

    Product sales to the environmental catalyst market in second quarter increased by 100% over first quarter 2000. This change
    reflects increased demand by an automobile manufacturer for catalytic converters containing Nanophase ceria dioxide powder to
    replace palladium and platinum needs amid a surge of pricing for the two metals. Based on orders already in place for third quarter
    2000, the company anticipates that it will report sequential quarter sales growth of approximately 680%.

    Bilicki reported that second quarter product sales to the ceramic market, including thermal spray applications, declined 97% versus
    first quarter due to production difficulties experienced by a third party contractor. He added that these issues are being addressed
    and it is expected that sales will be back on track in third quarter.

    A small amount of revenues came from the sale of products to research facilities like universities, the federal government, labs and
    corporate research departments. Research quantity sales average about $10,000 per month with the majority of the business
    coming through the company's recently revamped Web site www.nanophase.com .

    The company continued to make progress in controlling costs and enhancing margins through process improvement. Cost of
    revenue, as a percentage of total revenue, declined approximately 14% between the first and second quarters of 2000, and
    management anticipates that this positive trend will continue. The company has reduced the manufacturing cost of one product by
    approximately 30% and is targeting the same reduction for other products.

    Revolutionary New Products, Processes on the Horizon

    Expanding manufacturing while at the same time reducing process costs is the goal of several key initiatives designed to help the
    company achieve its second goal, which is to expand the company's technology base and slate of intellectual property by
    developing new Nano processes and establishing patents and trademarks. Addressing this goal, Cross noted: "We believe we are
    on the verge of several important breakthroughs in new products that will not only result in new applications and markets, but also
    new manufacturing processes that could dramatically cut costs."

    During the past year, the company has added significantly to its intellectual property base. The Japanese patent office granted a
    basic technology patent covering the method and apparatus for making nano-structured material, which protects the company's
    technology in this area. The U.S. Trademark and Patent Office granted registration for the NanoGard(R) trademark for health care
    products. The company also applied for registration of its NanoShield(TM) designation for various innovative protective coatings
    under development. Currently, Nanophase owns or licenses over 20 U.S. and international patents covering a variety of
    manufacturing processes and engineered materials, and additional applications patents are pending.

    Nanophase currently has 15 focused customer projects in various stages of development cycles. Business development efforts
    include several product opportunities that will be addressed when the company has access to additional manufacturing capacity
    this fall. Nanophase is also pursuing two critical initiatives to revolutionize the company's manufacturing capabilities.

    Dr. Gina Kritchevsky, vice president of technology and engineering, explained: "We continue to make solid progress on two new
    Nano processes, which we have code-named 'Audrey' and 'Mira.' I believe the new technology will do two very significant things for
    us: generate new materials and lower manufacturing costs.

    "The targets for the Audrey process are to substantially increase the nano-powder production rate and gain flexibility in the
    precursor materials, both in terms of format and chemistry. We're currently running a prototype version of Audrey. A full-scale
    development reactor has been designed and the components have been fabricated. We're anxiously waiting setting her up in the
    new building.

    "The second new process, code name Mira, is in the research stage. Mira allows us to control the atmosphere in the reactor and
    use reactive gases other than oxygen. Mira is intended to allow us to manufacture evaluation- scale samples of materials that are
    not well suited to our current PVS manufacturing process such as metals, carbides and nitrides. Based upon market demand, we
    intend to scale one or more of the Mira spin-off processes."

    Not only is Nanophase pursuing new particle manufacturing technologies in-house, noted Kritchevsky, but it is also capitalizing on
    the high development activity in the nanotechnology field. "The environment is very competitive, which enables us to have a broad
    selection of new technologies to evaluate for the potential to license, initiate a joint venture, or even acquire, where appropriate, in
    alignment with our strategic plans."

    She noted that in research and development, the company is developing new particle coating chemistry and technologies, which
    will allow Nanophase to better incorporate its particles into polymers or coatings, which, in turn, will provide improved function in
    properties. A second priority in the R&D group is the exploration of Nano particles for new catalyst applications. The third priority is
    the continued development of coating formulations to provide connectivity, abrasion resistance, or blocking of selected spectral
    regions such as ultraviolet or infrared radiation.

    "In both the engineering and the R&D area, we continue to expand our intellectual properties portfolio and protection of our
    materials, as well as applications of these materials," concluded Kritchevsky.

    Process Initiatives Offer Potential Cost Reduction

    In addressing its goal to reduce manufacturing costs by increasing productivity, output rates, and yields, while reducing direct and
    indirect costs throughout the supply chains, management cited a number of ongoing efforts. Cross noted that the operations and
    technical groups made major progress on reducing manufacturing costs.

    "We are implementing steps with our other major volume products that should achieve reductions in the same area," noted Cross.
    "We expect to begin realizing those savings the third quarter and realize the full impact during the last two months of the fourth
    quarter."

    The company cited another process improvement -- manufacturing of ITO (IndiumTin Oxide) powder. Nanophase's ITO powder is
    formulated and used as a conductive coating material. The company re-engineered its manufacturing process to allow it to make
    coatings that are over 100 times more conductive, significantly more consistent in their connectivity, and over several months.

    Improved connectivity is important because over the next several years, government regulations will require better radiation
    attenuation, which is achieved by better connectivity. These improved connectivity coatings will also allow Nanophase to access
    additional markets.

    Finally, management noted that the "Audrey" process initiative could, in the long run, cut the company's manufacturing costs up to
    tenfold through a combination of higher output of material and significantly lower operating costs. As noted earlier, the company
    intends to construct a prototype reactor and being measuring the process results in the near future.

    Expanding Capacity to Accommodate Growth

    The company addressed its goal of expanding capacity to support additional manufacturing by announcing in the second quarter
    that it is leasing a 37,000 square foot facility located approximately 20 minutes from the company's current Burr Ridge site.

    "We have been increasingly hindered due to the lack of laboratory and manufacturing space limiting our ability to address new
    customer applications and to add the necessary manufacturing equipment," explained Cross. "As we transition personnel to the
    new facility from mid to late August through October, this space will allow us to accelerate our product application development
    efforts and install the pilot manufacturing facility we have been discussing for almost a year. All of these initiatives are vital to
    support our revenue growth plans during 2001 and 2002, and are highly productive uses of our available cash."

    The new facility is equipped with adequate laboratory space from its previous tenants, which saves the company the normal $200
    to $250 per square foot outfit costs. It is located on six acres with adequate expansion potential, and a manufacturing area to
    allow continued growth without compromising good process flow.

    "These four initiatives -- revenue growth and margin expansion, new products, new processes to reduce manufacturing costs, and
    reinvesting in growth through new assets and additional capacity -- support our fifth and final goal, which is to position the
    company for 2001," concluded Cross. "This has been a watershed year for Nanophase, and after six months, we see every
    indication that we are on-track or even ahead of our expectations for positioning the company for rapid growth and profitability. We
    continue to see almost unlimited possibilities for nanotechnology to revolutionize a wide variety of consumer and industrial
    applications."

    Nanophase Technologies Corporation provides engineered solutions utilizing nanocrystalline materials for a variety of industrial
    product applications. Using proprietary technology to produce nanocrystalline materials, the company creates products with unique
    performance attributes. The company's global customer base includes a number of Fortune 500 companies. Nanophase trades on
    the Nasdaq NMS under the symbol "NANX." Visit the company's web site at www.nanophase.com .

    The words "expect," "believes," "plans," and similar expressions are intended to identify forward looking statements. Statements
    contained in this news release that are not historical facts are forward looking statements that are made pursuant to the Safe
    Harbor Provisions for the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs,
    and a number of important factors could cause actual results to differ materially from those expressed in this news release. These
    important factors include, without limitation: demand for, and acceptance of, the company's nanocrystalline materials; changes in
    development and distribution relationships; the impact of competitive products and technologies; and other risks indicated in the
    company's Annual Report on Form 10-K filed with the Securities and Exchange Commission. Except as otherwise required by
    Federal securities laws, Nanophase undertakes no obligation to update or revise these forward looking statements to reflect new
    events or uncertainties.

    For Additional Information on Nanophase Technologies by fax at no cost, Dial 1-800-PRO-INFO, Code NANX.

    SOURCE Nanophase Technologies Corp.

    CONTACT:          President and CEO, Joseph Cross, 630-734-4722, VP of Sales and
                      Marketing, Dan Bilicki, 630-734-4751, Marianne Steimle, Manager of Investor
                      Relations, 630-734-4770, all of Nanophase Technologies Corp.; or General
                      Information, Tad Gage, 312-640-6745, Analysts, Lisa Fortuna, 312-640-6779,
                      Media, Tim Grace, 312-640-6240, all of The Financial Relations Board for
                      Nanophase

    URL:              www.frbinc.com
                      www.vcall.com
                      www.nanophase.com
    www.prnewswire.com

    (C) 2000 PR Newswire. All rights reserved.

    KEYWORD:          Illinois
    INDUSTRY KEYWORD: CHM
Nanophase Quartalszahlen roc2
roc2:

Re: Nanophase Quartalszahlen

 
07.08.00 21:32
#16
Schaut Euch auch mal National Scientific an!
Sagt später nicht, ich hätte Euch keine CHance gegeben! ;-)))
gruss
roc
Nanophase Quartalszahlen Kaiser Sosá
Kaiser Sosá:

Interessant finde ich, dass ...

 
08.08.00 21:35
#17
... monatlich $10.000 durch den Verkauf von Produkten an wissenschaftliche Einrichtungen gemacht werden und diese fast komplett über die Webseite getätigt werden ....
Nanophase Quartalszahlen upper falls

Re: ganz nebenbei......M.T.

 
#18
auch Mal die kleine NANX, nämlich ALTI (902675) beobachten.
Die sind neben der Nanotechnologie auch seit kurzem bei Fuel Cells aktiv:

Altair Fuel Cell Research

CODY, Wyo., July 19 /PRNewswire/ -- Altair International Inc. (Nasdaq: ALTI - news) reported today that its wholly owned
subsidiary, Altair Technologies, has begun development of ceramic oxide fuel cell membranes and reactive catalyst support
structures, that if successful could have widespread utilization in the development and manufacturing of fuel cells. Fuel cells are
projected to become widely used as power generation sources. ``Success of our research work in the fields of crystalline
catalyst bases and surface chemistry control of nanoparticle sized titanium dioxide led us to the decision to support a
development team on the ceramic oxide fuel cell membranes and reactive support systems,'' said Mr. Ken Lyon, president of
Altair Technologies. ``The activity is parallel to other nanoparticle work.''

``We are optimistic that the unique nature of our process for growing crystalline Ti02 from dense films will allow us to
overcome the deficiencies normally encountered in high temperature fuel cells,'' said Dr. Bruce Sabacky. Altair has previously
demonstrated its unique ability to grow porous (greater than 50% void space) interlocked structures of 1 to 2 micron by 8 to
10 micron rutile crystals. This base shows very high structural stability up to around 1100 oC according to Dr. Sabacky, the
principal scientist involved in the fuel cell development. Surface chemistry control methods will be used to apply catalyst and
conductivity components as an integral feature of the support structure. The company is attempting to use this reactive base to

support oxygen transfer membrane films using established sol gel techniques.

Altair International owns a proprietary technology for making nanocrystalline materials of unique quality, economically in large
quantities. The company is currently developing special nanomaterials with potential applications in fuel cells, hard coatings,
catalysts, cosmetics, paints, batteries, computers, semi-conductors and telecommunications. The technology may also be used
to make paint pigment at a cost forecast to be substantially lower than commercial technologies employed today. Altair holds
mineral leases on a ``world class'' titanium mineral sand deposit in Tennessee and is in the process of constructing a pilot plant
at that site. The company's other principle asset is the Altair Centrifugal Jig, an environmentally friendly breakthrough
technology for mining, coal treatment and environmental remediation.

This press release may be deemed to contain certain forward-looking statements with respect to Altair that are subject to risks
and uncertainties that include, but are not limited to, Altair's ability to obtain necessary capital, performance and reliability of
technology, market acceptance of products using Altair technology, variance in anticipated production costs and unanticipated
effects of regulatory requirements related to the technology, as well as those identified in the Company's press releases or
discussed from time to time in the Company's Securities and Exchange Commission filings. Actual results may vary materially.

News releases and other information on Altair can be accessed at no charge at Altair's website www.altairint.com.


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