Russian-Developed Nanometals to Save Fuel
By Reducing Weight of Vehicles
Manhattan Scientifics (Pink Sheets:MHTX) announced today that a video of
its July 2, 2008 press conference regarding the acquisition of
Metallicum, Inc. is available at http://www.mhtx.com/media.htm.
The video includes footage of U.S. Senator Jeff Bingaman, U.S.
Representative Tom Udall, New Mexico Lt. Governor Diane Denish and Vice
President of U.S. Industry Coalition, John Peel.
The company is pioneering the use of super strong metals using
nanotechnology, which means that less material will be required for the
same purpose, translating to lighter weight and significant fuel savings
in cars, airplanes, trucks, trains and ships. Nanotechnology can trim
thousands of pounds from airplanes and hundreds of pounds from cars
without sacrificing structural strength or adding significant
manufacturing cost.
The proprietary nanometal technology was created by former Russian
scientists working with U.S. scientists at the Los Alamos National
Laboratory (LANL). The patented technology is owned by LANL and licensed
to Manhattan Scientifics/Metallicum. Manhattan Scientifics has initiated
commercializing the technology.
After touring Metallicum’s Albuquerque
factory, Senator Bingaman said, “This is a
great occasion - an example where government-funded research is in fact
generating jobs in the private sector. That is very encouraging, and is
greatly benefiting the civilian sector.”
About Manhattan Scientifics
Manhattan Scientifics, Inc., http://www.mhtx.com/,
is located in New Mexico, New York, and Montreal. It is developing and
plans to acquire technologies that are environmentally and people
friendly. Copies of Manhattan Scientifics' press releases and related
investor information may also be found at http://www.hawkassociates.com/.
This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks, assumptions
and uncertainties that could cause the Company's actual results to
differ materially from those projected in such forward-looking
statements. Forward-looking statements speak only as of the date made
and are not guarantees of future performance. We undertake no obligation
to publicly update or revise any forward-looking statements.
For Manhattan Scientifics, Los Alamos
Investor Relations:
Marvin
Maslow, Chairman Emeritus, 917-923-3300
marvin@marvinmaslow.com
or
Manhattan
Scientifics
Manny Tsoupanarias, CEO, 918-919-0370
mtsoupanarias@manhattan-scientifics.com
or
Los
Alamos National Laboratory
Kevin Roark, 505-665-9202
knroark@lanl.go
or
Metallicum
Dr.
Terry Lowe, 505-670-8755
tlowe@metallicum.com
