Energy Conversion Devices Appoints Joseph A. Avila as Independent Board Member

Click this link to view company snapshots
Search Blogs that Mention this News Release
Click this link to view linked Bookmarking Services
Click this link to view linked Blogging Services
Energy Conversion Devices Appoints Joseph A. Avila as Independent Board Member
    ROCHESTER HILLS, Mich., Aug. 22 /PRNewswire-FirstCall/ -- Energy
Conversion Devices, Inc. (ECD) (Nasdaq: ENER) announced today it has
appointed Joseph A. Avila to its Board of Directors, effective September 1,
2007. Mr. Avila currently serves as Executive Vice President, Strategic
Operations and Process of Quanta Services, Inc. (NYSE: PWR), a leading
provider of specialized contracting services, delivering end-to-end network
solutions for the electric power, gas, telecommunications and cable
television industries.
    "Joe is an excellent addition to our Board. His extensive consulting
experience with a wide range of companies in the energy, industrial and
technologies industries, and his present position with a network
infrastructure leader, will be of tremendous value to ECD's commitment to
commercialization and sustainable profitability," said Robert C. Stempel,
ECD Chairman and CEO.
    Mr. Avila, 56, joined Quanta Services in 2006. From 1978 to 2006, he
held various positions with McKinsey & Company, including Director of its
Energy and Technology Management Practices. Mr. Avila serves on the
Advisory Board of the Houston Technology Center. He holds an MBA degree
from Wharton School, University of Pennsylvania.
    With the addition of Mr. Avila, ECD's Board of Directors now has eight
members, six of whom are independent directors.
    About Energy Conversion Devices:
    Energy Conversion Devices is the leader in the synthesis of new
materials and the development of advanced production technology and
innovative alternative energy products and solutions. The company's
portfolio of alternative energy solutions and proprietary information
processing technologies features the latest advances in solar electric
power generation, NiMH batteries, and fuel cell, solid hydride storage and
phase-change memory technologies. ECD 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 holds the
basic patents in its fields. More information on the Company is available
at http://www.ovonic.com.
    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. The risk factors identified in ECD Ovonics filings with the
Securities and Exchange Commission, including the company's most recent
Annual Report on Form 10-K and the company's most recent Quarterly Report
on Form 10-Q, could impact any forward-looking statements contained in this
release.
SOURCE Energy Conversion Devices, Inc.
http://www.ovonic.com/
CONTACT:
Ghazaleh Koefod, Investor Relations of Energy
Conversion Devices, Inc., +1-248-293-0440