ECD'S President and CEO Keynote Speaker At Fuel Cell 2000 Conference
22 September 2000
ECD'S President and CEO Keynote Speaker At Fuel Cell 2000 ConferenceTROY, Mich., Sept. 22 Energy Conversion Devices, Inc. (ECD) is pleased to announce that Stanford R. Ovshinsky, president and chief executive officer of ECD, will be a keynote speaker, on Sept. 27th, at the "Fuel Cell 2000 Research and Development," a conference to be held by Strategic Research Institute's Natural & Developed Resources Division. The conference, sponsored by the U.S. Department of Energy, is being held at the Crowne Plaza Hotel in Philadelphia on Sept. 26-27, 2000. Stan Ovshinsky is a recent recipient of the Sir William Grove award from the International Association for Hydrogen Energy and last month he and Dr. Iris Ovshinsky, cofounder of ECD, were named Heroes of Chemistry by the American Chemical Society for "advances in electrochemical, energy storage, and energy generation, including the development of Ovonic nickel metal hydride (NiMH) rechargeable batteries, fuel cells, solid hydrogen storage systems and amorphous silicon photovoltaics." The Heroes of Chemistry award this year honored "chemical innovators whose industrial work in chemistry or chemical engineering has made significant and lasting contributions to global human welfare." Last year, Stan Ovshinsky received the Karl Boer Solar Energy Award of the International Society for Solar Energy. Stan Ovshinsky will discuss the hydrogen economy as a complete system and the role the fuel cell will play in it. On Sept. 21, ECD and Texaco announced the formation of a joint venture, Texaco Ovonic Fuel Cell Company, L.L.C., to further develop and commercialize ECD's Ovonic Regenerative Fuel Cell(TM), and are working together to establish other joint ventures related to ECD's advanced energy technologies, including the Ovonic Solid State Hydrogen Storage System(TM). 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 emphasis on energy and information. ECD's energy work includes photovoltaics, fuel cells, hydride batteries and hydride storage materials capable of storing hydrogen in a 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. In information, ECD has originated phase-change memories and Ovonic threshold switches as well as advanced Ovonyx unified memories. ECD's web site address is http://www.ovonic.com . This release may contain forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on assumptions which ECD, as of the date of this release, believes to be reasonable and appropriate. ECD cautions, however, that the actual facts and conditions that may exist in the future could vary materially from the assumed facts and conditions upon which such forward-looking statements are based. For more information on Fuel Cell 2000 conference: http://www.srinstitute.com/cr173 .