ECD Ovonics Announces Departure of President And Chief Operating Officer of Ovonic Battery Subsidiary

ROCHESTER HILLS, Mich., Nov. 20, 2003 -- Energy Conversion Devices, Inc. (ECD Ovonics) announced today that the president and chief operating officer of Ovonic Battery Company, Inc., Subhash K. Dhar, has departed ECD Ovonics to pursue other interests, and has vacated his position as president and chief operating officer of Ovonic Battery. Mrs. Meera Vijan, Vice President of Manufacturing at Ovonic Battery, will act as the interim president.

Commenting on Mr. Dhar's departure, Stanford R. Ovshinsky, President and CEO of ECD Ovonics, and Robert C. Stempel, Chairman of ECD Ovonics, said, "During his long tenure with ECD Ovonics, Subhash has made many significant contributions to important areas of the Company. He played a key role in the development and commercialization of our Ovonic(R) nickel-metal hydride battery for both consumer and automotive applications, and had a leading role in the development of the Ovonic(R) regenerative fuel cell technology. We appreciate his outstanding contributions and wish him well in his next endeavors."

About ECD Ovonics:

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 in the fields of energy and information leading to new products and production processes based on amorphous, disordered and related materials. ECD Ovonics' proprietary advanced information technologies include Ovonic(TM) phase-change electrical memory, Ovonic(TM) phase-change optical memory and the Ovonic(TM) Threshold Switch. The Company's portfolio of alternative energy solutions includes thin-film amorphous solar cells, modules, panels and systems for generating solar electric power; NiMH batteries; 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; and fuel cell technology. 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. More information on ECD Ovonics is available on www.ovonic.com .