Energy Conversion Devices Signs Supply Agreement With Inovateus Solar

ROCHESTER HILLS, Mich., July 14 /PRNewswire-FirstCall/ -- Energy Conversion
Devices, Inc. (Nasdaq: ENER) (ECD), a manufacturer of proprietary, thin-film
amorphous silicon-based photovoltaic (PV) laminates announced that it has
signed a supply agreement with Inovateus Solar. Inovateus expects to purchase
up to 10MW of UNI-SOLAR(R) laminates from ECD through the end of 2011.

"This new agreement with Inovateus Solar is another example of how we are
working together with our distribution partners to further establish UNI-SOLAR
laminates as the leader in rooftop PV. We look forward to expanding our
relationship with Inovateus Solar," said Mark Morelli, president and CEO of
Energy Conversion Devices.

Inovateus Solar will use UNI-SOLAR brand PV laminates for building-integrated
photovoltaic systems in commercial rooftop applications.

"We are very excited to continue to grow our relationship with United Solar
Ovonic. We've found that UNI-SOLAR products provide an array of benefits that
other photovoltaic brands can't offer. We believe this agreement for 10MWs is
a conservative estimate and our actual numbers should well supersede this,"
said T.J. Kanczuzewski, Executive Vice President of Inovateus Solar.

About Energy Conversion Devices
Energy Conversion Devices, Inc. is the leader in building integrated and
commercial rooftop photovoltaics, one of the fastest growing segments of the
solar power industry. The company manufactures and sells thin-film solar
laminates that convert sunlight to energy using proprietary technology. ECD's
UNI-SOLAR brand products are unique because of their flexibility, light
weight, ease of installation, durability, and real-world efficiency. ECD also
pioneers other alternative technologies, including a new type of nonvolatile
digital memory technology that is significantly faster, less expensive, and
ideal for use in a variety of applications including cell phones, digital
cameras and personal computers. For more information, please visit
www.ovonic.com.

About Inovateus Solar LLC
Inovateus Solar is a national distributor for UNI-SOLAR products and provides
turn-key solutions for large commercial and industrial projects. For more
information, please visit www.inovateussolar.com, or call (574) 485-1400.

This release may contain forward-looking statements within the meaning of the
Safe Harbor Provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include statements concerning our plans,
objectives, goals, strategies, future events, future net sales or performance,
capital expenditures, financing needs, plans or intentions relating to
expansions, business trends and other information that is not historical
information. All forward-looking statements are based upon information
available to us on the date of this release and are subject to risks,
uncertainties and other factors, many of which are outside of our control,
that could cause actual results to differ materially from the results
discussed in the forward-looking statements. Risks that could cause such
results to differ include; our ability to maintain our customer relationships;
the worldwide demand for electricity and the market for solar energy; the
supply and price of components and raw materials for our products; and our
customers' ability to access the capital needed to finance the purchase of our
products. The risk factors identified in the ECD filings with the Securities
and Exchange Commission, including the company's most recent Annual Report on
Form 10-K and most recent Quarterly Report on Form 10-Q, could impact any
forward-looking statements contained in this release.

SOURCE Energy Conversion Devices, Inc.

Mark Trinske, Energy Conversion Devices/United Solar Ovonic, +1-248-299-6063,
mtrinske@uni-solar.com