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Energy Conversion Devices, Inc.
Announces Date of
Financial Results Conference Call

ROCHESTER HILLS, Mich., Sept. 1 -- Energy Conversion Devices, Inc. (ECD Ovonics) today announced that it will release its fourth quarter and fiscal year 2006 financial results after the market closes on Tuesday, September 12, 2006.

In conjunction with the release of its fourth quarter and fiscal year 2006 results, management will host a conference call and webcast at 5:00 p.m. EDT to review the financial results.

The webcast can be accessed at http://www.ovonic.com/investor or by logging on to ECD Ovonics' website at http://www.ovonic.com/ .

To access the conference call, please dial 877-858-2512 or 706-634-1291 (international) at least 10 minutes prior to the start of the call. Callers will need to reference conference ID 5564743.

For those unable to join the live conference call, a replay will be available approximately one hour after the conclusion of the call through close of business on September 15, 2006 at (800) 642-1687 or (706) 645-9291 (international). Callers will need conference ID 5564743. The webcast will be archived on the Company's website.

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