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03:00 01Jan08 -Altairnano-Powered Dragster Sets New EV World Speed Record <ALTI.O>
Altairnano Batteries Power Electric Dragster to National Electric
Drag Racing Association World Speed Record for Electric Vehicles in
the Quarter Mile
RENO, Nev.--(Business Wire)--Altair Nanotechnologies Inc. (Nasdaq: ALTI), a leading
manufacturer of safe, high-performance lithium-titanate battery pack
products and energy storage products announced today that Dennis
"Kilowatt" Berube set a new National Electric Drag Racing Association
(NEDRA) electric vehicle world speed record driving an electric
dragster powered by Altairnano battery packs. This is the 17th
consecutive year that Dennis Berube has held the world record for
fastest electric vehicle in a quarter mile.

Using Altairnano's lithium-titanate battery packs, Berube's
electric dragster, named the Current Eliminator V, achieved the
electric vehicle world speed record at the Southwestern International
Raceway in Tucson, AZ on Sunday, December 30th. Requirements for
setting the world record include two record-breaking times on the same
day under the same conditions. With runs rapidly decreasing in time,
Berube began with 9.0 seconds, followed by 8.4, then 8.009 seconds. On
the fourth run of the day, Berube broke into the 7-second category
reaching 159.65 mph in 7.956 seconds. Dennis then assured his spot in
the record book with a consecutive run of 7.963 while reaching 160.65
mph for the quarter mile.

"Setting two world records in one month is an impressive feat,"
said Dr. Alan Gotcher, President and CEO of Altair Nanotechnologies.
"With his first record in the electric dragster category and now the
record for all electric vehicles, Dennis and Altairnano are pushing
the frontier of advanced battery technology in racing vehicles."

A founding competitor of the National Electric Drag Racing
Association (NEDRA), Dennis Berube has made the exceptional
accomplishment of improving upon and maintaining notable records on
numerous occasions over a 17-year span.