Rochester Hills, Mich., July 14, 2009 – 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^® 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 10MW's 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.

Contact:

Mark Trinske

Energy Conversion Devices/United Solar Ovonic

(248) 299-6063

This e-mail address is being protected from spambots. You need JavaScript enabled to view it