Mechanical Technology, Incorporated to Present at the Virtual MicroCap Leadership Summit
27 August 2021 - 9:00PM
via NewMediaWire -- Mechanical Technology, Incorporated
(“MTI” or the “Company”), (NASDAQ: MKTY), the parent company
of EcoChain, Inc. ("EcoChain"), a cryptocurrency mining business
powered by renewable energy, and MTI Instruments, Inc. ("MTI
Instruments"), a test and measurement instruments and systems
business, today announced it has been selected to present at
the 6th annual MicroCap Leadership Summit on Friday, September
24th, 2021. The MicroCap Leadership Summit is a two-day virtual
event hosted by MicroCapClub.
The MTI presentation will be made by CEO, Michael
Toporek. The MicroCap Leadership Summit is attended by 100+ retail
and institutional investors from around the world. Mechanical
Technology was one of ten companies selected to present at this
year’s event. For more information about the MicroCap Leadership
Summit, please
visit: http://microcapclub.com/summit/
About MicroCapClub
MicroCapClub is an exclusive forum for experienced
microcap investors focused on microcap companies (sub $300m market
cap) trading on United States, Canadian, European, and Australian
equity marketplaces. MicroCapClub was created to be a platform for
experienced microcap investors to share and discuss stock ideas.
Investors can join our community by applying to become a member or
subscribing to gain instant view only access. MicroCapClub’s
mission is to foster the highest quality microcap investor
Community, produce Educational content for investors, and promote
better Leadership in the microcap arena. For more information,
visit http://microcapclub.com
About MTI
MTI is the parent company of MTI Instruments, Inc.
and EcoChain, Inc. Through EcoChain, MTI develops cryptocurrency
mining facilities powered by renewable energy that integrate with
the blockchain network. Through MTI Instruments, MTI is engaged in
the design, manufacture and sale of test and measurement
instruments and systems that use a comprehensive array of
technologies to solve complex, real-world applications in numerous
industries. Those include manufacturing, electronics,
semiconductor, solar, commercial and military aviation, automotive
and data storage. For more information about MTI, please
visit https://www.mechtech.com.
Forward Looking Statements
The statements in this press release, including
with respect to the expected timing of the closing of the offering,
the listing of the Series A Preferred Stock, the possible offering
of additional shares of the Series A Preferred Stock andthe
anticipated use of proceeds, constitute forward-looking statements
within the meaning of the federal securities laws. Forward-looking
statements reflect management’s current expectations, as of the
date of this press release, and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from future results expressed or implied by such forward-looking
statements. Actual results could differ materially from those
expressed or implied by such forward-looking statements as a result
of various factors, including, but not limited to: (1) market
conditions and the satisfaction of all conditions to, and the
closing of, the offering; (2) those risk factors set forth in the
Company's Registration Statement on Form S-1 (File No. 333-257300),
as amended; and (3) other risks and uncertainties that may be
detailed from time to time in MTI’s reports filed with the SEC.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date made.
Except as required by law, the Company assumes no obligation to
update or revise any forward-looking statements.
Contact Information:
Lisa Brennan lbrennan@mtiinstruments.com
Investor Relations:
Kirin Smith, President PCG Advisory,
Inc.646.823.8656Ksmith@pcgadvisory.com
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