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Energy Conversion Devices Complies with Nasdaq Rule

September 22, 2004 by Jeff Shepard

Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) disclosed that, in compliance with Nasdaq Marketplace Rule 4350(b)(1)(B), the independent audit report included in the company's annual report on Form 10-K for the fiscal year ended June 30, 2004, contained an explanatory paragraph relating to the company's ability to continue as a going concern.

The disclosure is required under the above Nasdaq rule and does not represent any change to the company's annual report on Form 10-K filed on September 13, 2004, with the Securities and Exchange Commission. The explanatory paragraph is not new, as the independent auditor report relating to the company's financial statements for the fiscal year ended June 30, 2003, included the same explanatory paragraph.