ECD Forms Ovonic Integrated Solutions Group

July 22, 2003 by Jeff Shepard

Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced the formation of Ovonic Integrated Solutions Group as part of its commitment to increase commercialization of its products. Working with ECD Ovonics’ manufacturing joint ventures and business units, the group will provide integrated system solutions for customers, streamlining and coordinating the company’s ability to offer energy and information solutions and products.

James Metzger, ECD Ovonics vice chairman and chief operating officer, will head Ovonic Integrated Solutions Group. “The group is all about helping to realize the value of ECD Ovonics’ hidden assets,” said Metzger. “Integrated solutions will provide added value for our customers, helping our joint ventures and subsidiaries increase sales of Ovonic™ photovoltaics, nickel-metal hydride batteries, hydrogen storage and information products. They will provide a pathway for new, innovative systems with added market pull to increase our revenue base. We are now integrating our technological know-how with our production products to provide an ever-expanding portfolio of new products, which are expected to provide ECD Ovonics and our joint ventures with additional sources of revenue.”