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ABOUT US

Mechanical Technology (MTI) was founded in 1961 by two entrepreneurial engineers dedicated to developing and commercializing new technologies.

Currently, MTI is involved in the field of micro fuel cells through its subsidiary MTI MicroFuel Cells Inc. (MTI Micro) and in the field of non-contact precision instrumentation through its subsidiary MTI Instruments Inc. (MTII)

MTI is a publicly traded company on NASDAQ under the ticker symbol MKTY. For more information on MTI and investment opportunities, please click here.

MTI Micro is developing and commercializing off-the-grid rechargeable power sources for portable electronics and has patented a proprietary direct methanol fuel cell technology platform called Mobion® which generates electrical power using up to 100% methanol as fuel. MTI Micro plans to commercialize Mobion® products beginning in 2009.

MTI Instruments designs, manufactures, and sells high-performance test and measurement instruments and systems serving three markets: general dimensional gauging, semiconductor, and aviation. These products consist of: electronic, computerized gauging instruments for position, displacement and vibration applications for the design, manufacturing and test markets; semiconductor products for wafer characterization; and engine balancing and vibration analysis systems for military and commercial aircraft.

Since its founding, the focus at MTI has been on innovation, quality and user benefits as it brings new technologies to the marketplace.

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 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 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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