Altair Nanotechnologies Receives $540,000 Order for Hybrid Electric Vehicle Battery Packs

DesignLine International to Equip Hybrid Demonstration Buses With Batteries Utilizing Altair's HEV Battery Packs

Altair Nanotechnologies Inc. ( ALTI ), a leading provider of advanced materials and products for power and energy systems, today announced it received an initial $540,000 order for four hybrid electric vehicle (HEV) demonstration battery packs from DesignLine International. The HEV battery packs will be utilized in buses for three city transit customers, and one HEV battery pack will be used for a modular testing program.

"This key, initial milestone in our HEV commercialization strategy leverages the distinctive value our technology can bring to the mass transit sector," said Terry M. Copeland, Altair's Chief Executive Officer. "With the completion of a successful demonstration program, we can anticipate an initial ramp-up of orders from DesignLine in 2009. We are aggressively pursuing similar opportunities in the mass transit sector and fully expect to have more customer wins with our enabling technology."

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Magna Announces that Russian Machines' participation in arrangements with the Stronach Trust has terminated

Magna International Inc. (TSX: MG.A, NYSE: MGA) announced that it has been advised that the lender to a wholly-owned subsidiary of OJSC Russian Machines ("Russian Machines") has realized against the 20 million Magna Class A Subordinate Voting Shares pledged as security for the financing obtained by Russian Machines for its September 20, 2007 investment in Magna. Accordingly, Russian Machines' participation in the arrangements entered into with the Stronach Trust in connection with this investment has terminated.

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Westport Receives Leadership Award at the 2008 Deloitte Technology Fast 50 Awards

Westport Innovations Inc. (TSX: WPT)(NASDAQ: WPRT), a global leader in alternative fuel, low-emissions transportation technologies, announced today that it has won a prestigious Leadership Award, one of four separate awards categories that make up the 2008 Deloitte Technology Fast 50 Awards Program, Canada's pre-eminent technology awards program.

"The Technology Fast 50 Leadership Award celebrates the elite companies in the Canadian technology sector," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Deloitte salutes the outstanding accomplishments of Westport Innovations Inc., whose ability to create a distinct competitive advantage in a high-growth market will likely result in it joining the ranks of other Canadian companies that have grown into global leaders."

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Cummins Westport Captures New Market Opportunity in Lima, Peru With Order for Over 200 Natural Gas Bus Engines

Cummins Westport Inc. (CWI) (TSX: WPT)(NASDAQ: WPRT), a leading provider of high-performance, alternative fuel engines for the global market, announced today that it has received an order for over 200 CWI natural gas engines to equip new buses for transit providers in the capital city of Lima, Peru.

"Peru's growing market for natural gas vehicles and substantial indigenous supply of natural gas represents an exciting new market opportunity for our clean burning, low emission engines," said Guan Saw, CWI's President.

According to the International Association for Natural Gas Vehicles and its publication NGV Global, Peru has the fifth largest proven natural gas reserves in South America and over 7,800 natural gas vehicles as of mid-2007.
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