Posted February 04, 2004
Manhattan
Scientifics Licenses Mid-Range Fuel Cell Technology
Manhattan Scientifics, Inc. (MHTX) announced today that it has licensed its mid-range (NovArs) fuel cell technology to a Singapore company with manufacturing in China. The contract gives the licensee non-exclusive rights to produce and sell fuel cell engines based on the NovArs technology owned by Manhattan Scientifics. The agreement involves an upfront payment, royalty and other forms of consideration.
Manhattan Scientifics' COO Jack Harrod said, "This is a positive step in our efforts to provide low cost fuel cells systems to Chinese, Asian and other worldwide markets. We believe this relationship provides a basis for building future shareholder value." The technology was licensed last May to Ballard Power Systems of Canada on a non-exclusive basis.
Click here for the press release
Posted May 22, 2003
Manhattan Scientifics toTrade on Pink Sheets
Manhattan Scientifics, Inc. announced today that effective Friday, May 23, 2003, the company's shares will trade on the Over the Counter Pink Sheet quotation system. Quotes may be obtained at www.pinksheets.com with the trading ticker symbol MHTX.
NASD Rule 6530 requires companies to be current with periodic SEC filings to be eligible for quotation on the Bulletin Board. As previously disclosed, the company has not filed its Form 10KSB for the year ending December 31, 2002 or its Form 10QSB for the quarter ending March 31, 2003. The company anticipates making future filings with the SEC and to reapply for trading on the OTC Bulletin Board at that time.
Click here for the press release
Posted May 9, 2003
MANHATTAN
SCIENTIFICS LICENSES
FUEL CELL PATENTS TO BALLARD
Non-Exclusive Agreement Opens Way For Additional Licensing Opportunities
Los Alamos, NM, May 9, 2003 - Manhattan Scientifics,Inc. (OTCBB: MHTXE) announced today that the company has issued a non-exclusive, patent license of its NovArs mid-range fuel cell technology to Ballard Power Systems (BLDP).
Manhattan Scientifics received an initial payment of US$300,000 concurrent with the execution of the license agreement, which provides unlimited use rights to Ballard for the proprietary technology and systems developed by Manhattan Scientifics.
The company is scheduled to receive an additional payment of US$200,000 upon commercial launch by Ballard of a product using the technology.
Click here for the press release
Posted Nov. 13, 2002
E-Touch Technology Cited As "Coolest Invention" By Time Magazine
Second Time A Manhattan Scientifics Technology Is Cited By Time
Novint Technology, Inc.'s e-Touch Sono technology, which enables users to "touch" items on a computer screen, has been cited by Time Magazine in a list of "coolest inventions."
Novint, a development partner of Manhattan Scientifics, Inc. (OTCBB: MHTX), has developed the e-Touch technology. The technology has potentially enormous applications in medicine, computer games, Internet shopping sites and a variety of scientific applications.
In its November 18, 2002 issue, Time cited the use of the e-Touch system in allowing expectant parents to "feel" an unborn fetus. The magazine said the technology "combines data from a regular ultrasound machine with a force-feedback mechanism like those used in some video games. Touch the image of a fetal cheek with a hand-held stylus and signals sent from the computer to mechanical motors in the stylus will simulate the sensation of pressing against soft skin. Move the stylus across the fetus's face and you will feel the contours of its nose, lips and ears. Watch the baby's form appear onscreen as you "touch" it with the stylus. What's next? 3-D sculptures that would-be parents can bring home months before their due date."
Last November, Time Magazine named Aprilia/Manhattan Scientifics Fuel Cell Bike as an invention of the year.
Click here for the press release
Posted Oct. 15, 2002
Manhattan Scientifics Sells Holographic Storage Patent Portfolio
Manhattan Scientifics, Inc. (MHTX) said today it has sold the intellectual property of its holographic data storage subsidiary to a company actively engaged in developing the ultra high-density data storage technology.
The patents and equipment assets of Tamarack Storage Devices Inc., a wholly owned subsidiary of Manhattan Scientifics, were sold for an undisclosed amount of cash and securities. The company said it would provide additional details in the near future.
Jack Harrod, chief
operating officer of Manhattan Scientifics, said, "We believe the
portfolio of 21 patents has the potential to play an important role in
the future development of holographic memory. We have taken this step
in order to focus our efforts on our fuel cell and e-Touch Software activities."
Click here for the press release
Posted August 2, 2002
Shareholder update from CEO Marvin Maslow - August 1, 2002
Manhattan Scientifics is determined to win.
This
has been a difficult year for the stock market and the shares of Manhattan
Scientifics have been weak along with the shares of many other companies.
The markets have fallen and the markets will rise again. That is history.
But markets notwithstanding, our job is to survive and prosper. We need
to be there when the markets rise again. I do believe that our strategy
of providing our shareholders with a diversified portfolio of high-tech,
high-risk/ high-reward businesses will pay off.
Click here for the press release
Posted May 7, 2002
The Ultimate Mother's Day Gift -Touching And Seeing The Baby Before It Is Born-creation of a new prenatal e-Touch™ technology
Albuquerque, NM, May 7, 2002 -Tom Anderson, a pioneer in haptics (touch) technology, and CEO of Novint Technologies, Inc, a development partner of Manhattan Scientifics, Inc. (OTC BB: MHTX), announced today the creation of a new prenatal e-Touch™ technology that allows parents' unprecedented interaction with their unborn child by providing the ability to touch the child's virtual image. In honor of Mother's Day, Anderson will unveil the innovative 3-D ultrasound touch system at New Mexico Sonographics, a medical facility located in Albuquerque, NM later this week. The scans are taken on the GE Voluson 730 system, which is based on standard ultrasound and is therefore safe for mother and child.
Click here for the press release
Posted April 30, 2002
Manhattan
Scientifics and Aprilia Unveil New
Fuel Cell Powered Concept Scooter At Paris Fair
Los Alamos, NM April 17, 2002 - - Manhattan Scientifics, Inc. (MHTX), a U.S. technology development company specializing in alternative energy, and Aprilia, Europe's second largest two wheel vehicle manufacturer, unveiled a new fuel cell powered scooter today at the International Paris Fair.
Click here for the press release.
Posted April 17, 2002
Manhattan Scientifics Miniature Fuel Cell Achieves 6X The Energy Performance of Lithium Ion Batteries.
Los Alamos, NM April 17, 2002 - Manhattan Scientifics, Inc. (MHTX) announced today that it has boosted the energy of its MicroFuelCell™by a factor of six to nine times beyond the capabilities of current lithium ion batteries, with an estimated specific energy of 940watt*hr/kg. In addition, the MicroFuelCell™ power capability has been developed to the point where it will support demanding electronics such as color displays in cellular phones. In laboratories in Los Alamos, the company achieved 80 milliwatts/cm2.
Manhattan Scientifics' Novint Unit Becomes Self-Sustaining.
Los Alamos, NM February 27, 2002 - Manhattan Scientifics, Inc. (MHTX) announced today that its Novint Technologies unit has continued to develop sufficient sales revenue to be financially self-reliant. Novint has recently received a contract to develop a touchable virtual interior of an automobile. This is the beginning of Novint's penetration into the automotive industry, which is potentially a large market for its touchable software system. Another company is currently evaluating utilizing the technology for automobile tire design and evaluation. Manhattan Scientifics is the largest outside shareholder of Novint and licenses Novint's technology in certain fields.
Manhattan Scientifics Announces New Patent For MicroFuel Cell™ Power For Portable Electronics.
Los Alamos, NM January 10, 2002 - Manhattan Scientifics, Inc. (MHTX) announced today that it has been issued a new patent covering the use and manufacturing of its MicroFuel Cell™ power devices (No. 6,326,097) for portable electronics. The patent issue coincides with the announcement by Department of Energy Secretary Spencer Abraham that detailed a new public and private partnership with the nation's auto manufacturers to promote the development of hydrogen as a primary fuel for cars and trucks.
Time Magazine Names Aprilia/Manhattan Scientifics Fuel Cell Bike as an Invention of the Year.
New York, November 14, 2001 - Time Magazine has named a prototype bicycle designed by Aprilia, S.p.A and powered by a fuel cell produced by the Manhattan Scientifics, Inc. (MHTX) NovArs unit in Germany as an Invention of the Year 2001.
Manhattan Scientifics Unveils Second Fuel Cell Powered Concept Vehicle.
New York, November 9, 2001 - Manhattan Scientifics, Inc. (MHTX) announced today that it has completed initial testing of an environmentally friendly electric scooter powered by the company's 3000 watt fuel cell originally unveiled last July. The vehicle is pollution-free and nearly silent in use. It is suitable for driving in noise-free areas and would be of great value in areas of urban pollution. Fueled by hydrogen, production models are expected to be capable of covering 120 miles with a single fueling and a top speed of at least 35 miles an hour.
