ALTAI TECHNOLOGIES INC.

A WHOLLY OWNED SUBSIDIARY OF
ALTAI RESOURCES INC. (TSX Venture Exchange:ATI - IN U.S.A.: SEC.RULE 12g3-2(b) FILE #82-2950)


Altai Technologies Inc. ("Altai Technologies") incubates promising early-stage companies focused on eBusiness, business-to-business (B2B) and the Internet. Altai Technologies provides seed capital, business direction and management, as needed. This includes obtaining technology products through outright purchase, licensing arrangements, or marketing rights to create a long-term portfolio of technology investment. It takes a return from the increased asset value of its holdings, which can be sold, traded, taken public or kept for cash flow, as appropriate. Management team is headed by personnel experienced in information and Internet technology.


PROJECTS

  • Mapcheck Inc.

28% equity interest owned by Altai Technologies.

An Internet Information Portal, with a unique search on street-map interface and an eCommerce platform. www.mapcheck.com

Mapcheck Inc. has informed Altai that they are in closing negotiation on three projects with a gross value of $1,000,000. The amounts accruing to Mapcheck will be determined by negotiations. Mapcheck believes that if these ventures materialize and are successful it can replicate it in many other jurisdictions. Altai Technologies is confident that Mapcheck will be successful.

  • enMonitor

Project 100% owned by Altai Technologies.

Integrated business system to monitor commercial power use in the deregulated hydro market. With enMonitor, sellers of electricity in a deregulated electricity market can attract and retain corporate customers by providing an Internet based service to monitor the internal and external flow of power at the customer’s sites.

The system can also be applied to gas, water and other data (such as thermal energy, compressed air or environmental conditions).

Project remains inactive pending project financing to be secured.


ALTAI TECHNOLOGIES INC.
(a wholly owned subsidiary of ALTAI RESOURCES INC.)
Investor Relations : Maria Au
Tel : (416) 383-1328
E-mail : info@altairesources.com