MTI Micro Fuel Cells Inc.

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MTI Micro Fuel Cells Inc. (MTI Micro), a subsidiary of Mechanical Technology Inc. (NASDAQ: MKTY) develops and manufactures advanced cord-free rechargeable power pack technology for portable electronics. MTI Micro has developed a patented, miniaturized proprietary direct methanol fuel cell (DMFC) technology called Mobion™, which generates electrical power using 100% methanol as fuel. MTI Micro's Mobion™ cord-free power packs are intended to replace current lithium ion and similar rechargeable battery systems used by Original Equipment Manufacturers (OEMs) in many hand-held electronic devices such as PDAs and smartphones. MTI Micro's Mobion™ technology is being designed to provide consumers with convenient, on-demand power anytime, anywhere, without the need to ever plug the device into a wall power outlet.

MTI Micro's parent company, Mechanical Technology Inc., is a publicly traded company on the NASDAQ Stock Market under the ticker symbol, MKTY.

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