ENER Accretion Acquisition Corporation

ROCHESTER HILLS, Mich., May 1 /PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD Ovonics) (NASDAQ:ENER) today announced that it will release its third-quarter 2006 financial results on Tuesday, May 9, 2006 after the market closes. In conjunction with the release of its third-quarter financial results, management will host a conference call at 4:45 p.m. EDT to review the Company's 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 also can be accessed by dialing (877) 858-2512 or (706) 634-1291 (International) and referencing conference ID 8543890. Callers should call at least 10 minutes prior to the call's start time. For those unable to join the live conference call, a replay will be available approximately one hour after the conclusion of the call through midnight (EDT) on May 12, 2006 at (800) 642-1687 or (706) 645-9291 (international). Callers will need conference ID 8543890. 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/ . DATASOURCE: Energy Conversion Devices, Inc. CONTACT: Ghazaleh Koefod, Investor Relations of Energy Conversion Devices, Inc., +1-248-293-0440 Web site: http://www.ovonic.com/

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