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Altair Nanotechnologies Partners With Genesis Air to Develop Breakthrough Air Cleaning System


Genesis Air Introduces Innovative System Employing Nano-Titanium Dioxide Produced Using Altair's Patented Manufacturing Process

RENO, NV -- (MARKET WIRE) -- 02/08/2005 -- Altair Nanotechnologies, Inc. (NASDAQ: ALTI) announced today that it is partnering with Texas-based Genesis Air to produce specialized surface activated, nano-sized titanium dioxide compounds for use in an innovative HVAC air cleaning system. The system, based on Genesis Air Photocatalysis (GAP™) technology, is marketed by Genesis Air domestically and internationally.

Under the terms of the partnership agreement, Altair will provide Genesis with product design services, proprietary nano-sized titanium dioxide materials and ongoing chemical engineering support services.

"Teaming with Genesis Air demonstrates how our nanotechnology and chemical engineering capabilities can be applied to achieve an industry breakthrough," commented Altair Nanotechnologies CEO Dr. Alan J. Gotcher. "This is another opportunity to validate Altair's ability to apply its innovative advanced ceramic nanotechnology materials to practical, revenue producing solutions that improve the lives of thousands of people working in office buildings, factories, schools and their own homes."

"Altair is an excellent partner providing high quality products and excellent customer support allowing us to rapidly get our GAP system in the marketplace," said Genesis Air President and CEO Dan Briggs. "We currently have installations of our GAP systems, using Altair's unique, proprietary advanced ceramics, in environments with diverse atmospheric conditions such as casinos, tanning salons and army barracks. Early response to our system has been remarkable as we continue to break new ground in air quality improvements."

Altair's multi-patented production process enables the manufacturing of materials that are optimized for the air cleaning market. By controlling particle size and other physical and chemical characteristics, Altair can deliver nanotechnology-based, advanced ceramic products customized for Genesis' specific applications.

ALTAIR NANOTECHNOLOGIES INC.

Altair Nanotechnologies, through product innovation, is a leading supplier of advanced ceramic nanomaterial technology worldwide. Altair Nanotechnologies has assembled a unique team of material scientists who, coupled with collaborative ventures with industry partners and leading academic centers, has pioneered an impressive array of intellectual property and product achievements.

Altair Nanotechnologies has developed robust proprietary technology platforms for manufacturing a variety of crystalline and non-crystalline nanomaterials of unique structure, performance, quality and cost. The company has a scalable manufacturing capability to meet emerging nanomaterials demands, with capacity today to produce hundreds of tons of nanomaterials.

The company is organized into two divisions: Life Sciences and Performance Materials. The Life Sciences Division is pursuing market applications in pharmaceuticals, drug delivery, dental materials, cosmetics and other medical markets. The Performance Materials Division is pursuing market applications in Advanced Materials for paints and coatings; titanium metal manufacturing, catalysts and water treatment; and alternative energy. For additional information on Altair and its nano-materials, visit www.altairnano.com

Altairnano™, Altair Nanotechnologies, Inc.®, Altair Nanomaterials™, TiNano®, RenaZorb™, NanoCheck™, TiNano Spheres™ and the Hydrochloride Pigment Process™ are trademarks or registered trademarks of Altair Nanotechnologies, Inc.

GENESIS AIR

Genesis Air designs and markets air purifications that incorporate a revolutionary technology to clean, deodorize and disinfect the air -- GENESIS AIR PHOTOCATALYSIS (GAP™). Genesis Air, Inc. was incorporated January 2003. But we're not new! Our Principles have a combined experience of over 100 years in Indoor Air Quality; Heating Ventilating and Air Conditioning (HVAC); Professional Engineering; Building Science; Architecture; Real Estate Development & Management; Construction; Finance; Business Management; Entrepreneurship; Industrial Hygiene; Environmental; and Safety.

We have served as members, officers, committee members, and professionals in such organizations as: American Society of Heating, Refrigeration and Air Conditioning Engineers (ASHRAE); Air Conditioning Contractors Association (ACCA); National Association of Home Builders (NAHB); National Association of Realtors; Institute of Real Estate Management; CCIM Institute (Commercial & Investment Real Estate); Building Owners and Managers Association (BOMA); and Society of Professional Engineers.

For additional information on Genesis Air, visit www.genesisair.com


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