Fuel Cell Works Supplemental News Page

MTI to Present at Smith Barney Citigroup Small-Mid Cap Conference Publication date: 19-April-2004 Source: MTI
Dr. William P. Acker, president and chief executive officer of MTI MicroFuel Cells Inc. (MTI Micro), a subsidiary of Mechanical Technology Inc., (Nasdaq: MKTY) is scheduled to speak at the Smith Barney Citigroup Small-Mid Cap Conference Wednesday, May 5, 2004, at 9 a.m. PST at the Four Seasons Hotel in Las Vegas. The Small-Mid Cap Conference, a symposium for small-mid cap portfolio managers, runs May 5-6 and highlights selected small and mid-cap companies of less than $5 billion market capitalization. More than 60 presenting companies and the top 200-250 Small and Mid-Cap Portfolio Managers in the United States are expected to attend the conference. MTI Micro is involved in the development and commercialization of direct methanol fuel cells as a power source for portable electronics, and Dr. Acker will speak about recent advancements made by MTI Micro as it moves towards the planned launch of its first product at the end of 2004. Acker's presentation will be web cast live on the Mechanical Technology Web site at, http://www.mechtech.com/newsandevents/futureevents.asp., and will be archived for 30 days on the MTI Web site at http://www.mechtech.com/newsandevents/pastevents.asp About MTI Mechanical Technology is primarily engaged in the development of direct methanol micro fuel cells through its subsidiary MTI MicroFuel Cells Inc., and in the design, manufacture, and sale of high-performance test and measurement instruments and systems through its subsidiary MTI Instruments, Inc. Mechanical Technology also co-founded and retains an interest in Plug Power Inc. For more information: http://www.mechtech.com. ~

Dr. William P. Acker, president and chief executive officer of MTI MicroFuel Cells Inc. (MTI Micro), a subsidiary of Mechanical Technology Inc., (Nasdaq: MKTY) is scheduled to speak at the Smith Barney Citigroup Small-Mid Cap Conference Wednesday, May 5, 2004, at 9 a.m. PST at the Four Seasons Hotel in Las Vegas.

The Small-Mid Cap Conference, a symposium for small-mid cap portfolio
managers, runs May 5-6 and highlights selected small and mid-cap companies of less than $5 billion market capitalization. More than 60 presenting companies and the top 200-250 Small and Mid-Cap Portfolio Managers in the United States are expected to attend the conference.

MTI Micro is involved in the development and commercialization of direct
methanol fuel cells as a power source for portable electronics, and Dr. Acker will speak about recent advancements made by MTI Micro as it moves towards the planned launch of its first product at the end of 2004. Acker's presentation will be web cast live on the Mechanical Technology Web site at, http://www.mechtech.com/newsandevents/futureevents.asp., and will be archived for 30 days on the MTI Web site at
http://www.mechtech.com/newsandevents/pastevents.asp

About MTI

Mechanical Technology is primarily engaged in the development of direct
methanol micro fuel cells through its subsidiary MTI MicroFuel Cells Inc., and in the design, manufacture, and sale of high-performance test and measurement instruments and systems through its subsidiary MTI Instruments, Inc. Mechanical Technology also co-founded and retains an interest in Plug Power Inc. For more information: http://www.mechtech.com.