MTI Micro - Company

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Company Overview

MTI Micro Fuel Cells Inc. (MTI Micro), a subsidiary of Mechanical Technology Inc. (NASDAQ: MKTY) develops and manufactures advanced cord-free rechargeable power pack technology for portable electronics. MTI Micro has developed a patented, miniaturized proprietary direct methanol fuel cell (DMFC) technology called Mobion^®, which generates electrical power using 100% methanol as fuel. MTI Micro's Mobion^® cord-free power packs are intended to replace current lithium ion and similar rechargeable battery systems in many hand-held electronic devices in the military and consumer markets. MTI Micro's Mobion^® technology is being designed to provide convenient, on-demand power anytime, anywhere, without the need to ever plug the device into a wall power outlet.

MTI Micro's parent company, Mechanical Technology Inc., is a publicly traded company on the NASDAQ Stock Market under the ticker symbol, MKTY. For more information on Mechanical Technology and investment opportunities, please click here.

A Note About Forward Looking Statements and Other Legal Matters

Forward-looking Statements: The statements contained on this website which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's beliefs, expectations, hopes or intentions regarding the future. Forward-looking statements on this website also include statements regarding MTI Micro's projections of development, schedule, launch date, performance and market penetration rates, comparisons of Mobion® DMFC performance and features to those of batteries and other competitors, MTI Micro's plans and progress for prototype and product performance and features, and any financial forecasts or market growth predictions. The Company assumes no obligation to update any forward-looking statement. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as for example: the Company's need for additional financing, MTI Micro's ability to successfully develop direct methanol micro fuel cells (DMFCs), competition from other products and companies, market and risks related to the Fletcher private placement, and OEM acceptance of DMFCs and the company's other products, early termination of MTI Micro's relationship with The Gillette Company, regulatory risks related to carrying methanol in the passenger compartment of airplanes, and the Company's ability to successfully introduce new products and maintain a technical advantage over its competitors. Readers should also refer to the risk disclosures outlined in the Company's filings with the Securities and Exchange Commissions on Forms 10-K and 10-Q.

Use of Site: Mechanical Technology Inc., MTI Micro and MTI Instruments authorize you to view and download the materials at the Mechanical Technology, MTI Micro and MTI Instruments websites only for your personal, non-commercial use. You may not modify the materials at these websites in any way or reproduce or publicly display, perform or distribute or otherwise use them for any public or commercial purpose.

User Submittals: All submittals to the Mechanical Technology, MTI Micro and MTI Instruments website are considered non-confidential, and are not user protected.

Links to other websites: Mechanical Technology, MTI Micro and MTI Instruments bear no responsibility for the content or claims made on other websites to which the Mechanical Technology, MTI Micro and MTI Instruments websites may be linked. Links made from the Mechanical Technology, MTI Micro and MTI Instruments sites to other sites should not be construed as an endorsement of the products and services offered on those sites.

General disclaimers: Mechanical Technology, MTI Micro and MTI Instruments provide no guarantees as to the accuracy or completeness of the materials on the Mechanical Technology, MTI Micro and MTI Instruments websites, and disclaim any liability for damages suffered by users. The Company also disclaims responsibility for site access in countries where the contents of this site are illegal, or where access is prohibited.

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