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www.mtiinstruments.com

Press release from MTI Instruments - 2008-06-27

New PV1000 Thickness Measurement System for Solar Cell Production Industry

MTI Instruments, Inc. (“MTII”), a developer in precision measurement solutions and a subsidiary of Mechanical Technology Incorporated (“MTI”) (NASDAQ: MKTY), has introduced the PV1000, a thickness measurement system for the solar cell production industry.

“Our PV1000 addresses a critical need for solar cell manufacturers around the world who are now experiencing significant growth and need to manufacture higher quantities of industrial solar cells for mass consumption,” said Peng Lim, CEO of MTI. “Our new PV1000 can
be incorporated into solar cell production stations to help them quickly determine quality control issues, saving manufacturers time and money.”

The PV1000 was designed using a flexible platform as part of MTII’s business strategy to create families of products and services and provide complete system solutions for its customers. Using this flexible platform, MTII’s product team used feedback from leading solar cell manufacturers to design the final product.

“We are opening a new market for MTII by bringing our extensive experience in precision measurement to the solar cell industry,” said Robert Kot, Vice President and General Manager of MTII. “By working closely with solar equipment suppliers and cell manufacturers, we designed a system that meets both current and future needs for high speed, precision measurement that can be easily integrated into any solar cell production line. The flexibility of our PV1000 product helps us to quickly adapt to this rapidly evolving sector.”


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