We show that crossed electric and magnetic fields provide a unique way
for stabilizing simple matter-antimatter systems. Theoretical calcula
tions on positronium in crossed fields predict the existence of long-l
ived states in which the average positron-electron separation is sever
al thousand angstroms. These delocalized states are due to the existen
ce of an outer well in the potential for certain values of the pseudom
omentum and field strength. The near zero probability for positron-ele
ctron overlap suppresses direct annihilation processes. Transition mom
ents between the ground state in the outer well and the Coulomb states
are also extremely small, resulting in lifetimes up to the order of o
ne year.