MTI Micro Signs Development Agreement with Global Japanese Developer of Digital Cameras

ALBANY, N.Y.--(BUSINESS WIRE)--MTI MicroFuel Cells Inc. (“MTI Micro”), the developer of Mobion® off-the-grid portable power solutions and a subsidiary of Mechanical Technology, Incorporated (“MTI”) (NASDAQ: MKTY), announced today that it entered into a development agreement with a global Japanese developer of products utilizing advanced optical and digital technologies, including digital cameras, to evaluate the feasibility, development and production of Mobion® products.

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