Altairnano’s (NASDAQ: ALTI) quick recharge battery system allows batteries for use in automotive applications to be recharged in 10-15 minutes and provide a range greater than 250 miles on a single charge. The first application of this technology is in a hybrid electric bus discussed here.

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Altair Nanotechnologies (Nasdaq: ALTI) reported earnings for quarter ended Sept. 30 2009 today. The result was a net loss of $3.3M or $0.03 per share on revenue of $1.7M and expenses of $5.9M. Compared with results during the same time last year, revenue remained basically constant $1.7M ‘09 vs $1.8M ‘08. However, Altair cut expenses by nearly half $5.9M ‘09 vs $11.1M ‘08.

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Altiar Nano and Proterra LLC introduced the first all American electric hybrid bus that meets California’s zero emissions standards. The bus is thirty-five feet long and is designed to replace current diesel buses on a one for one basis. The bus relies on various Proterra systems and Altair Nano batteries. Overall fuel economy is 25-29 miles per 500% better than comparable diesel buses.

Altair shares are currently up over 7% on the news.

Proterra EcoRide 35′

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Altair Announced yesterday its VP of Corporate Strategy will present a presentation at the WebBush Securities Clean Technology and Industrial Growth Conference in San Francisco on Nov. 2. The presentation will be available on webcast.

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RENO, NV–(Marketwire – October 22, 2009) – Altair Nanotechnologies Inc. (NASDAQ: ALTI) will hold a conference call to discuss financial results for the quarter ended September 30, 2009. The call is scheduled for Thursday, November 5, at 11:00 a.m. Eastern Standard Time (EST). Shareholders and members of the investment community are invited to participate.

The conference call dial-in number for both U.S. and international callers is +1 719-325-2117. Please dial in to the conference five minutes before the call is scheduled to begin. Ask the operator for the Altairnano call.

An audio webcast of the conference call will be broadcast simultaneously. Note that the Q&A option is not available online. The audio webcast will be archived and available on the web site for 90 days following the call. To access the webcast visit www.altairnano.com.

Post call, a phone-based audio replay will be available from 12:00 p.m. EST, Thursday, November 5, until Midnight EST, November 12, 2009. It can be accessed by dialing +1 719-457-0820 and entering conference number 1046971.

About Altair Nanotechnologies 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. Going beyond lithium ion, Altairnano’s Lithium-Titanate based battery systems are among the highest performing and most scalable, with applications that include battery cells for military artillery, battery packs for hybrid vehicles and energy storage systems for large-scale stationary power services. For more information please visit Altairnano at www.altairnano.com.