United Solar Ovonic and ContourGlobal to Co-Develop Rooftop Solar Installations for Coca-Cola Hellenic Buildings in Italy

By Contourglobal, PRNE
Wednesday, April 21, 2010

Initial 3.4 MW Installation at Four Coca-Cola Hellenic Facilities in Italy to be Completed in 2010

ROCHESTER HILLS, Michigan and NEW YORK, April 22, 2010 - Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), through its wholly
owned subsidiary United Solar Ovonic (USO), and ContourGlobal today announced
plans to co-develop rooftop solar systems for buildings in Italy owned and
operated by Coca-Cola Hellenic Bottling Company S.A. (CCH). Under the
arrangement, ContourGlobal will own and operate the systems, which will be
built by ECD using its UNI-SOLAR(R) brand photovoltaic laminates with
development resources provided through ECD subsidiary Solar Integrated
Technologies. The initial stage of the project, which is expected to be
completed during calendar year 2010, will involve approximately 3.4 MWs of
UNI-SOLAR(R) laminates at four CCH facilities in Italy. The parties intend to
expand their collaboration to include an additional 4 MW on four CCH sites in
the near future.

Joseph Brandt, ContourGlobal's President and Chief Executive Officer,
said, "We are successfully working with CCH on a number of innovative energy
projects as part of its sustainability initiative, and we are pleased now to
be collaborating with USO to furnish rooftop solar solutions as an important
element toward this goal. The UNI-SOLAR solutions are ideally suited for
these projects because they meet both our financial metrics and CCH's
requirement for low impact on the rooftop. We expect to quickly complete the
first stage of this project and then extend our cooperation with USO to
develop additional systems to meet CCH's objectives."

Mark Morelli, ECD's President and CEO, said, "As commercial rooftop solar
leaders, we are experienced in designing and delivering dependable solar
energy solutions for an entire roof portfolio, like the CCH roofs that we
will co-develop with our partner, ContourGlobal. This is another example of
how the evolution of our business to target large scale, multi-rooftop
projects is gaining traction. Our UNI-SOLAR solutions complement
ContourGlobal's existing energy product line, and we are collaborating with
ContourGlobal on other projects in Europe, Africa and North America, and hope
to do many more installations within the next few years. We look forward to
working with them to help CCH meet its corporate sustainability goals,
starting with these projects in Italy."

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.energyconversiondevices.com.

About ContourGlobal

ContourGlobal is a power and energy operating and development company
headquartered in New York with approximately 900 employees worldwide and over
1,300 MW of capacity in operation, under construction, or in active
development in a diverse set of markets including the United States, the
European Union, Brazil, Colombia, Togo, Rwanda, Nigeria and Ukraine. The
Company develops and operates electric and combined heat and power businesses
around the world for both governments and multinational companies.
ContourGlobal focuses both upon high-growth, under-served markets and
innovative niches within developed markets - such as renewable energy and
combined heat and power. For more information please visit ContourGlobal on
the Web at www.contourglobal.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. 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 successfully integrate the
acquisition of Solar Integrated Technologies; 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.

For ECD / United Solar Ovonic: Mark Trinske, Vice President, Investor Relations & Communications, +1-248-299-6063; For ContourGlobal: Ernesto Gonzalez, Executive Vice President, Business Development, +39-02-72546-229

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