MTI INSTRUMENTS INTRODUCES A STRATEGIC NEW PRODUCT

– The First System that Combine Precision Non-Contact Measurement Technology with Complete Data acquisition and Analysis –

Albany, N.Y., June 18, 2007 – MTI Instruments, Inc. (MTII) of Albany, NY, a worldwide leader in precision measurement solutions, and a subsidiary of Mechanical Technology Incorporated (MTI) (NASDAQ: MKTY), announced the launch of their newest, data acquisition system branded as EVE.

EVE is designed to help users solve complex measurement problems by providing precision non-contact measurement, advanced data acquisition, data analysis, touch screen user interface, and intuitive operation. EVE is 100% compatible, out-of-the-box, with virtually all sensors from other manufacturers along with the entire line of MTII’s precision non-contact displacement sensors providing a complete solution to customers.

Gordon Reid, Senior Director of Sales and Marketing noted, “Our product development research indicated a strong desire for requirements including flexibility, processing speed, analysis capabilities, and ease of use. Today, I am happy to announce that we have exceeded these requirements with the introduction of EVE.”

MTI Instruments, Inc. (www.mtiinstruments.com), a subsidiary of Mechanical Technology Incorporated (NASDAQ: MKTY) based in Albany, NY, is a worldwide supplier of precision non-contact physical measurement solutions.