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To: Ibexx who wrote (70396)12/31/1998 2:43:00 PM
From: Barry Grossman  Respond to of 186894
 
Ibexx,

To you and all A HAPPY & PROSPEROUS NEW YEAR.

Barry



To: Ibexx who wrote (70396)1/2/1999 3:26:00 PM
From: nihil  Read Replies (1) | Respond to of 186894
 
FAR OFF TOPIC Ibexx -- this is on need to know basis

Manhattan Scientifics Completes Fuel Cell Powered Phone Call

PR Newswire, Wednesday, December 30, 1998 at 13:26

Device Converts Alcohol To Electricity

LOS ALAMOS, N.M., Dec. 30 /PRNewswire/ -- Manhattan Scientifics, Inc.
(BB: MHTX) announced today that Chief Fuel Cell Scientist
Robert G. Hockaday has successfully made a cellular telephone call using a
phone powered by an alcohol-fueled pre-prototype micro fuel cell. The call
was made this month at the company's Los Alamos, N.M. laboratory where the new
Micro-Fuel Cell(TM) is under development. The call demonstrated that a micro
fuel cell can produce enough electricity to power a cellular telephone. Last
July, Hockaday said he expected to successfully test a fuel cell powered
telephone by year-end.
Hockaday's fuel cell team ran a cellular phone continuously in standby for
24 hours and made periodic phone calls. Hockaday said, "We have achieved the
minimum of 100 milliwatts of power output necessary to keep the phone in
standby and simultaneously trickle charge a battery with our pre-prototype
system. This is a major step in our effort to commercialize a long-life
Micro-Fuel Cell(TM) power system for portable electronics." The pre-prototype
breadboard system consisted of 20 miniature fuel cells on five sheets of
plastic connected in series to deliver four volts to the cellular phone. The
system was fueled with a 50% methanol water mixture.
The successful demonstration of the pre-prototype marks another
significant milestone in the development of the micro-fuel cell, which was
powered by a small amount of methanol and water commonly used as windshield
washer fluid. Hockaday said, "We expect to complete a fully working prototype
before mid 1999. Our ultimate goal is to maintain a digital cellular
telephone on standby for more than six months and to provide 100 hours of talk
time with a single refueling of several ounces of a methanol/water mix." For
commercial use, the tiny energy source will be engineered to be smaller and
lighter than a conventional rechargeable battery and is expected to be priced
competitively with conventional cellular phone batteries.
Manhattan Scientifics is also developing and has filed patents to protect
its invention of a portable charging system utilizing its micro fuel cell
technology. If successfully developed, it could eliminate the need for wall
plug AC electrical charging of batteries. The company's portable charger,
which it calls Power Holster(TM), is being designed to become an integral part
of a cellular telephone system. It is being designed with the intention of
providing a constant trickle charge to the telephone's conventional battery,
thus creating an "always-on" powered system.
Marvin Maslow, Manhattan Scientifics' CEO said, "The company's strategy is
to first complete the working prototype and then identify an appropriate
strategic corporate partner to manufacture and distribute the new energy
devices. A number of Fortune/100 telecommunications, battery, film and
chemical companies have contacted us and visited us. They are monitoring our
progress and waiting for us to invite them to test our technology, which we
intend to do as soon as we are ready. We would like to eliminate the word re-
charge from the English language and change it to refuel. There have been
substantial improvements in battery technologies lately. This is good news
for us because it improves the effectiveness of our portable charger system,
designed to keep the newer long-life lithium ion batteries in cellular
telephones and other small electronic devices charged for extended periods."
Manhattan Scientifics, Inc. with research headquarters in Los Alamos, New
Mexico, and business offices in New York City, is a technology incubator
currently developing patented technologies that address two critical issues in
the advancement of consumer and commercial electronics: portable power and
holographic media for data storage. Copies of Manhattan Scientifics press
releases, SEC filings, current quotes, stock charts and other useful
information for investors may be found on the web sites www.mhtx.com and
www.hawkassociates.com. For further information contact Marvin Maslow, CEO
(917) 923-3300, or Chief Fuel Cell Scientist Robert Hockaday.

Media Contact Institutional Investor Relations:
Alex Stanton Frank Hawkins
Stanton-Crenshaw Hawk Associates
Email:alex@stanton Email:Fhawk@hawkassociates.com
crenshaw.com hawkassociates.com
Tel: (212)780-1900 Tel: (305) 852-2383

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 including
successfully completing the research and development with respect to the micro
fuel cell, successfully commercializing the micro fuel cell for mass
production, successfully protecting the company's patents, and effective
significant industry competition from various entities whose research and
development, financial, sales and marketing and other capabilities far exceeds
the company's. 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.

SOURCE Manhattan Scientifics, Inc.
-0- 12/30/98
/CONTACT: Media, Alex Stanton of Stanton-Crenshaw, 212-780-1900, or
e-mail, alex@stantoncrenshaw.com; or Institutional Investor Relations, Frank
Hawkins of Hawk Associates, Inc., 305-852-2383/
/Web site: mhtx.com
/Web site: hawkassociates.com

Companies or Securities discussed in this article:
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Name
BB:MHTX

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