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FOR IMMEDIATE RELEASE Media Contact: Peter Engel/Jack Greenfield, Stanton Crenshaw Communications, (212) 780-1900, email harrod@airmail.net Executive Contact: Marvin Maslow, Manhattan Scientifics, Inc., (212) 752-0505, (917) 923-3300 mobile, email: maslow@ix.netcom.com IR Contact: Frank Hawkins, Julie Marshall, Hawk Associates, Inc., (305) 852-2383, email: info@hawkassociates.com
Technical Contact: Tom Anderson, Novint Technologies, Inc., (505) 559-9100, (505) 463-1469 mobile, email tom@novint.com
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'e-Touch' Adds The Sense of Touch to Computers. Current Mouse Could Become a Relic.
NEW YORK CITY, November 8, 2000 - Manhattan Scientifics (MHTX) announced today that it has acquired the exclusive global rights to an Internet touch technology that enables anyone to realistically feel images displayed on computer screens. The technology was developed at the Sandia National Laboratories and licensed exclusively to Manhattan Scientifics through Novint Technologies, Inc. of Albuquerque, New Mexico. Called "e-Touch", the proprietary software could make the ubiquitous computer mouse obsolete in the future. The technology will run on most desktop computers and is expected to be available at consumer-friendly prices.
Manhattan Scientifics said it intends to fully develop and market the new technology, which has wide-reaching potential applications in hundreds of fields. The company will unveil and demonstrate the new technology tomorrow for journalists in New York.
The company acquired 100% of the rights to all Internet applications along with a 45% equity position in Novint Technologies, which retains the non-Internet rights to the "e-Touch" technology.
Manhattan Scientifics CEO Marvin Maslow said, "Today's computers allow us to see and hear. Now we can make them feel. I have personally experienced 'e-Touch' and felt a wide variety of textures including wood, brick, cobblestone, fine silk, glass, denim, hair and skin as well as water, honey and molasses with a real sense of stickiness. Just as the cinema evolved from silent films to talkies, the computer is evolving to provide a sense of touch, offering consumers a life-like experience that we could not even have imagined a few years ago. We have branded the phrase, 'Feel the Future.' The mouse as we know it could soon become obsolete and the computer will become three dimensional, closely mimicking the everyday human experience. "
Maslow continued, " 'e-Touch' technology has applications for everyone. Buying a sweater or a suit on the computer will resemble real life. One can feel the texture of fabrics and even their weight while shopping at home. The technology will take computer games to unprecedented new levels. You could play ping-pong or shoot pool with a friend on the other side of the world. The technology has profound applications for distance learning. The technology will be used to train dentists as well as surgeons, aircraft mechanics, musicians, sculptors and to educate our children. Additional applications that have been identified for 'e-Touch' include an interface for blind people, military simulation, computer-aided design (CAD), computer animation and modeling, e-commerce, automobile tire design and modeling for oil and gas exploration."
Tom Anderson, "e-Touch" inventor, said, "The 'e-Touch' technology is important because it represents a fundamental change in computing that will make computers more intuitive, more flexible, more functional and therefore more valuable." Tom Anderson, whose company Novint Technologies, Inc. is continuing the development of "e-Touch" for Manhattan Scientifics, was the key scientist in the five year development of "e-Touch" at Sandia Labs. Anderson continued, " 'e-Touch' is simply an amazing technology that will likely permeate all areas of computing in the near future. The human sense of touch is incredibly interactive. While the mouse was a major advance 25 years ago, it's only two-dimensional. 'e-Touch' will enable people to experience real-world activities such as shaking hands while thousands of miles apart."
In explaining how "e-Touch" works, Anderson said, "With a fusing of physics and software, a computer user moves the 'e-Touch' cursor to touch an image on the screen. The computer registers the contact and sends forces through small motors in the new generation mouse. The specific sensation is transmitted through the user's hand to the brain creating the sense of touch. To provide the smoothness of a glass surface or the continuous weight of an object, the software cycles at 1,000 times per second. The new generation mouse, which we will call Midas, is expected to be developed by a hardware manufacturer. The Midas and our software allow a user to touch any object on the screen and experience different textures, shapes and forces."
Novint Technologies, Inc. is a privately held computer software developer based in Albuquerque, NM that specializes in advanced human computer interfaces. Additional information about Novint and "e-Touch" may be found on the website www.novint.com..
Manhattan Scientifics, Inc. is a development company focused on various technologies including alternative energy, holographic data storage, water and gas filtration and computer and Internet enhancements. The company's development laboratories are located in Los Alamos and Albuquerque, NM and Passau, Germany. Its executive office is in New York City at 641 Fifth Avenue, Suite 36F, New York, 10022. Copies of Manhattan Scientifics' press releases, current quotes, stock charts and other information for investors may be found on the websites www.mhtx.com and www.hawkassociates.com.
The foregoing press release contains forward-looking statements, including statements regarding the company's expectation of its future business. These forward-looking statements are based largely on the company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors. These include but are not limited to, successfully completing the research and development with respect to the micro fuel cells and other technologies, successfully commercializing the fuel cells and holographic storage devices for mass production, successfully protecting the company's patents, and effective significant industry competition from various entities whose capabilities far exceeds the company's. NovArs GmbH, ERDI and Novint Technologies, Inc. are independent contractors to Manhattan Scientifics, Inc., which acquired and owns certain intellectual property of these companies. In light of these risks and uncertainties there can be no assurances that the forward-looking statements in this press release will in fact transpire or prove to be accurate.
######END###### ********** Manhattan Scientifics, Inc. Olympic Tower, 641 Fifth Avenue, Suite 36F, New York, NY 10022 Tel: (212) 752-0505 Fax: (212) 752-0077 - http://www.mhtx.com |
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| Media Contact: Alex Stanton/Peter Engel Stanton-Crenshaw Tel: (212) 780-1900 Email: pengel@stanton-crenshaw.com http://www.stanton-crenshaw.com |
Institutional Investor Relations: Frank Hawkins/Julie Marshall Hawk Associates Tel: (305) 852-2383 Email: Fhawk@hawkassociates.com http://www.hawkassociates.com |
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