Webcast Alert: Energy Conversion Devices, Inc. Announces Third Quarter 2003 Operating Results

ROCHESTER HILLS, Mich., May 9, 2003 -- Energy Conversion Devices, Inc. announces the following Webcast:

  What:     Energy Conversion Devices, Inc. Third Quarter 2003 Operating
            Results

  When:     05/16/03 @ 3:00 p.m. Eastern

  Where:    http://www.videonewswire.com/ECDOVONICS/051603

  How:      Live over the Internet -- Simply log on to the web at the
            address above.

  Contact:  Ghazaleh Koefod of Energy Conversion Devices, Inc.,
            248-293-0440, fax: 248-844-1214, investor.relations@ovonic.com

To access the conference call by telephone, please dial 1-877-858-2512 about 10 minutes before the scheduled start time. A telephone recording of the conference call will be available at 800-642-1687 through 6 p.m. Monday, May 19, 2003. Use the conference ID# 513296 to access the recorded call.

If you are unable to participate during the live webcast, the call will be archived at http://www.ovonic.com/ .

ECD Ovonics is the leader in the synthesis of new materials and the development of advanced production technology and innovative products. It has invented, pioneered and developed enabling technologies leading to new products and production processes based on amorphous, disordered and related materials, with an emphasis on advanced information technologies and alternative energy, including photovoltaics, fuel cells, hydride batteries and hydride storage materials capable of storing hydrogen in the solid state for use as a feedstock for fuel cells or internal combustion engines or as an enhancement or replacement for any type of hydrocarbon fuel. ECD Ovonics designs and builds manufacturing machinery that incorporates its proprietary production processes, maintains ongoing research and development programs to continually improve its products and develops new applications for its technologies. ECD Ovonics holds the basic patents in its fields. ECD Ovonics' website address is http://www.ovonic.com/ .

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8 kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com .)

Audio: http://www.videonewswire.com/ECDOVONICS/051603