Energy Conversion Devices to Host First Quarter Conference Call on November 9, 2006

ROCHESTER HILLS, Mich., Nov. 1, 2006 -- Energy Conversion Devices, Inc. (ECD Ovonics) today announced that it will release its first quarter 2007 financial results after the market closes on Thursday, November 9, 2006.

In conjunction with the release of its first quarter 2007 results, management will host a conference call at 5:00 p.m. ET to review the financial results. The conference call will be webcast live over the Internet and can be accessed at http://www.ovonic.com/investor or by logging on to ECD Ovonics' website at http://www.ovonic.com/ .

The call can be accessed by dialing 877-858-2512 or 706-634-1291 prior to the start of the call. Callers will need to reference conference ID 1109335.

For those unable to join the live conference call, a replay will be available from 8:00 p.m. (ET) on November 9 through 5:00 p.m. on November 13. To access the replay, dial (800) 642-1687 or (706) 645-9291 and refer to conference ID 1109335. 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/ .