ENER Accretion Acquisition Corporation

Webcast Alert: Energy Conversion Devices Update on Recent Business Developments ROCHESTER HILLS, Mich., July 20 /PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (NASDAQ:ENER) announces the following Webcast: What: Energy Conversion Devices Update on Recent Business Developments When: Thursday, July 22, 2004 @ 11:00 a.m. Eastern Where: http://www.ovonic.com/investor How: Live over the Internet -- Simply log on to the web at the address above. Contact: Ghazaleh Koefod of Energy Conversion Devices Inc., 248-293-0440, Email: To access the conference call by telephone please dial 1-877-858-2512 or 1-706-634-1291 about 10 minutes before the scheduled start time. If you are unable to participate during the live webcast, the call will be archived at http://www.ovonic.com/ . 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 enabling technologies in the fields of energy and information leading to new products and production processes based on amorphous, disordered and related materials. ECD Ovonics' proprietary advanced information technologies include Ovonic phase-change electrical memory, Ovonic phase-change optical memory and the Ovonic Threshold Switch. The Company's portfolio of alternative energy solutions includes thin-film amorphous solar cells, modules, panels and systems for generating solar electric power; NiMH batteries; 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 fuel cell technology. 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/ . http://www.ovonic.com/investorDATASOURCE: Energy Conversion Devices, Inc. CONTACT: Ghazaleh Koefod of Energy Conversion Devices Inc., +1-248-293-0440, Email: , Fax: +1-248-844-1214 Web site: http://www.ovonic.com/

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