ECD Ovonics and Other Parties to the Arbitration Request ICC to Extend Date for Issuance of Decision
18 5월 2004 - 12:26AM
PR Newswire (US)
ECD Ovonics and Other Parties to the Arbitration Request ICC to
Extend Date for Issuance of Decision Parties engaged in settlement
negotiations ROCHESTER HILLS, Mich., May 17 /PRNewswire-FirstCall/
-- Energy Conversion Devices, Inc. (ECD Ovonics) announced today
that the parties to the arbitration proceeding between ECD Ovonics
and its related companies and Matsushita Battery Industrial Co.,
Ltd., Toyota Motor Corporation and related companies have requested
that the International Chamber of Commerce extend the date for
issuance of its decision until July 2004 in light of the parties'
settlement negotiations. 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
Ovonics, as of the date of this release, believes to be reasonable
and appropriate. ECD Ovonics 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. DATASOURCE: Energy Conversion
Devices, Inc. CONTACT: Ghazaleh Koefod, Shareholder Relations of
Energy Conversion Devices, Inc., +1-248-293-0440 Web site:
http://www.ovonic.com/
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