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Technology Stocks : Energy Conversion Devices

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From: muzosi	3/14/2007 5:05:23 PM
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Cobasys to Explore Alternatives to Support Growth Strategy Cobasys LLC announced today that its owners, Energy Conversion Devices, Inc. (ECD Ovonics) (Nasdaq: ENER - News), through its affiliate Ovonic Battery Company, Inc. (OBC), and Chevron Technology Ventures LLC (CTV), a subsidiary of Chevron Corporation (NYSE: CVX - News), have agreed to explore strategic alternatives for Cobasys. Cobasys expects that this will enable it to further capitalize on global opportunities for integrated energy storage solutions in the rapidly growing hybrid electric vehicle and stationary power industries. ... biz.yahoo.com

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