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 MTI Micro Receives Purchase Order for Mobion(R)30M
Publication Date:19-December-2006
09:30 AM US Eastern Timezone 
Source:MTI
ALBANY, N.Y.-- MTI MicroFuel Cells (MTI Micro), the developer of the award-winning Mobion® micro fuel cell technology and a subsidiary of Mechanical Technology Incorporated (Nasdaq: MKTY) announced today that it received its first purchase order for a Mobion®30M unit and seven fuel refill cartridges from a qualified customer. Current delivery lead time for unit shipments is approximately sixteen weeks.

"This first order is an important step in our goal to launch multiple test sites in 2007 that will provide MTI Micro with the opportunity to showcase its technology and establish strategic relationships in the military markets," said Peng Lim, CEO of MTI. "Since the beginning of our marketing campaign, only a few weeks ago, we have made a number of prototype demonstrations to potential key customers with very encouraging feedback."

MTI Micro is currently moving Mobion®30M units through its robustness qualification testing process with expected completion during the first quarter of 2007. The Company then plans to ship robust units as scheduled to qualified customers.

For more details about the Mobion® 30M, to download a Mobion® 30M brochure, and for information about how to order Mobion® 30Ms, please visit our website at http://www.mtimicrofuelcells.com.

About MTI MicroFuel Cells

MTI MicroFuel Cells Inc., a subsidiary of Mechanical Technology Incorporated (MTI) (Nasdaq: MKTY - News), is the developer of the award-winning Mobion® direct methanol micro fuel cell technology. MTI Micro has a world-class team of entrepreneurial business executives, researchers and scientists; a number of system prototypes demonstrating size reductions and performance improvements; significant related intellectual property; and has received government awards and developed strategic partnerships to facilitate efforts to achieve commercialization. More information is available at http://www.mtimicrofuelcells.com.
 
 

 
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