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To: Wazzu73 who wrote (511)	1/2/1999 1:35:00 AM
From: STRTYZ	Read Replies (1) \| Respond to of 931

MANHATTAN SCIENTIFICS COMPLETES FUEL CELL POWERED PHONE CALL OTC-BB MHTX -0.60- (Already made a good run) ("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") Device Converts Alcohol To Electricity LOS ALAMOS, N.M., Dec. 30 /PRNewswire/ -- Manhattan Scientifics, Inc. (OTC Bulletin Board: 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 (MHTX) CO: Manhattan Scientifics, Inc. ST: New Mexico IN: OIL SU: PDT