Altair Nanotechnologies Inc. (together with its subsidiaries, “Altair”) is a public company whose common shares are traded on the NASDAQ Capital Market. To protect shareholders and prospective investors against fraud or other misuse of inside information in buying or selling securities, the U.S. federal securities laws restrict a person’s ability to buy or sell securities of public companies while in possession of material nonpublic information about the company. Information is “material” if a reasonable investor would consider it important in a decision to buy, hold or sell securities of a company. In other words, material information is any information that could reasonably affect the value of the common shares. Common examples of information that will frequently be regarded as material are: yet-to-be announced financial information about a current or recent reporting period; projections of future earnings or losses; news of a pending or proposed merger, acquisition or tender offer; news of significant sales of assets or the disposition of a subsidiary; changes in dividend policies or the declaration of a stock split or the offering of additional securities; changes in management; significant new products or discoveries; impending bankruptcy or financial liquidity problems; and the gain or loss of a substantial customer or supplier. Either positive or negative information may be material. Officers, directors, employees and others deemed to be Insiders under this policy (“Insiders”) will frequently have information about Altair that is material but has not been disclosed to the public. Information becomes public when announced by Altair, usually by its distribution of a press release, filing of report or disclosure of the information in an earnings call or at a press conference. A purchase or sale of Altair common shares by any Insider could expose both Altair and the individual involved to a claim that the transaction was carried out improperly on the basis of inside information not known to the general public…

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