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United Solar Ovonic Signs Three-Year Agreement With Advanced Green Technologies for $108 Million of Photovoltaic Products

             Agreement to expand sale of UNI-SOLAR(R) products

    AUBURN HILLS, Mich., July 24 /PRNewswire-FirstCall/ -- United Solar
Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc.
(Nasdaq: ENER), announced today that it has signed a three-year distributor
agreement with Advanced Green Technologies, Inc. for $108 Million of
Photovoltaic (PV) products.
    A unit of Advanced Roofing, Inc., Advanced Green Technologies is
offering sustainable building integrated solutions and renewable energy
products for commercial and residential roofing applications using
UNI-SOLAR(R) products.
    California and 12 other states have recently embraced energy efficiency
initiatives and renewable energy policies in efforts to reduce greenhouse
gas emissions.
    "We are convinced that our relationship with Advanced Green
Technologies will further successful installations of building integrated
solar power systems and demonstrate the use of UNI-SOLAR(R) products for
improved energy self-reliance," said Subhendu Guha, President and Chief
Operating Officer of United Solar Ovonic.
    Unlike traditional crystalline technology, which typically uses heavy
glass panels, UNI-SOLAR(R) products are flexible, durable, lightweight, and
easy to install. Because of these characteristics, UNI-SOLAR(R) triple-
junction products offer the ideal solution for both grid-connected and off-
grid solar electric systems. Independent studies in Europe and elsewhere
have shown that triple-junction products deliver more energy per rated
power than the conventional crystalline products.
    United Solar Ovonic, building on technology invented and pioneered by
ECD, is the world leader in thin-film amorphous photovoltaics. Because of
characteristics unique to the United Solar Ovonic solar cell technology,
such as lightweight, ruggedness and flexibility, it is ideal as
building-integrated photovoltaic roofing systems for residential and
industrial customers. ECD and United Solar Ovonic hold the basic patents
covering the continuous roll- to-roll manufacturing of thin-film
amorphous-silicon alloy multi-junction solar cells and related products.
More information is available at http://www.uni-solar.com.
    About Advanced Green Technologies
    Advanced Green Technologies is an innovative design company that can
provide sustainable building solutions and renewable energy products for
residential and commercial applications. As a leading distributor, Advanced
Green Technologies offers the most advanced and efficient solutions to its
clients. Advanced Green Technologies connects the sustainable construction
industry with the leading providers of photovoltaic solutions. Advance
Green Technologies allows roofing manufacturers and contractors to take
part in the advancement of green technologies. Through education,
certification, and distribution, Advanced Green Technologies permits
industry leaders to provide the best BIPV solution to clients.


SOURCE United Solar Ovonic LLC




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Related links:
  • http://www.ovonic.com
  • http://www.uni-solar.com
  • http://www.advancedgreentech.com
    CONTACT:
    Qudrat Delawari Vice President of United
    Solar Ovonic LLC, +1-858-530-8586; Michael Kornahrens, Vice
    President of Advanced Green Technologies, +1-954-735-2641