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William M. Wicker and James R. Metzger of Texaco Inc. Join ECD Board of Directors

27 July 2000

William M. Wicker and James R. Metzger of Texaco Inc. Join ECD Board of Directors

    TROY, Mich. - Energy Conversion Devices, Inc. announced today that William 
M. Wicker, Senior Vice President of Texaco, and James R. Metzger, Vice President 
and Chief Technology Officer of Texaco, have been elected to ECD's Board of 
Directors.

    Stanford R. Ovshinsky, President and CEO, and Robert C. Stempel, Chairman,
in a joint statement, said, "We are very pleased that Bill Wicker and Jim
Metzger have joined ECD's Board.  Their extensive business acumen and
expertise in the energy arena will be of great value to the company and its
shareholders.  We look forward to their contributions."  They added, "With its
Ovonic Solid State Hydrogen Storage System(TM) and Ovonic Regenerative Fuel
Cell technology, ECD will play an important role in the burgeoning hydrogen
economy.  Our strategic partner, Texaco, is a leader in the global energy
market.  Together, we are working to make hydrogen power a practical
alternative to fossil fuels."

    Mr. Wicker, 50, was elected Senior Vice President upon joining Texaco in
1997.  He was graduated with a Bachelor of Arts degree in political science in
1971 from Union College and a Master of Arts degree in political science from
Indiana University in 1973.  He received a Master of Business Administration
degree from Harvard University Business School in 1975, at which time he
joined Moore McCormack Resources Inc.  He was appointed Vice President of
Moore McCormack Energy in 1981.  He served as a consultant with McKinsey &
Co.'s energy practice in Dallas, Texas, from 1983 to 1987, and served as a
Senior Vice President with Kidder Peabody from 1987-1989.  Mr. Wicker joined
First Boston Corp. in 1989 and was elected a Managing Director in 1993.  Mr.
Wicker's responsibilities at Texaco include Texaco Power and Gasification,
Texaco Natural Gas, Texaco Pipeline International and Texaco Energy Systems.
He serves on Texaco's Executive Council, the company's senior leadership team.

    Mr. Metzger, 52, joined Texaco as a programmer trainee in the Information
Technology Department upon graduation from Rice University in 1969 with a
Bachelor of Commerce degree.  He subsequently held various positions of
increasing responsibility.  He was appointed General Manager of Corporate
Planning and Economics in 1994 and a Vice President in 1996.  In 1999, he was
named Texaco's Chief Technology Officer.  He serves on Texaco's Executive
Council.

    ECD also announced that two of its Board members, Nathan J. Robfogel and
Joichi Ito, had stepped down due to additional business commitments.  Messrs.
Ovshinsky and Stempel, commenting on Messrs. Robfogel's and Ito's service to
the company, said, "We sincerely thank Nick Robfogel and Joi Ito for the
significant contributions they have made to ECD's success.  Their guidance has
been invaluable to our company.  We appreciate their ongoing support."   Mr.
Ovshinsky added, "In particular, we want to extend our deep appreciation to
Nick Robfogel for his long and distinguished service to ECD."

    ECD is a leader in the synthesis of new materials and the development of
advanced production technology and innovative products.  It has 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, hydride batteries and hydride storage materials
capable of storing hydrogen in the solid state for use as a feed stock for
fuel cells or internal combustion engines or as an enhancement or replacement
for any type of hydrocarbon fuel.