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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?

To: alfranco who wrote (6934)	10/11/2002 1:12:17 AM
From: Krowbar	Read Replies (2) \| Respond to of 8393

Rochester Hills, Mich., Oct. 10, 2002 - Energy Conversion Devices, Inc. (ECD) (NASDAQ:ENER) announced today that it has been awarded a cost-shared, three-phase subcontract by the U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) to develop new optically enhanced back reflector and improved deposition processes for amorphous silicon-based solar cells. NREL will incrementally fund more than $1.1 million of the approximately $1.4 million three-year, phased subcontract, with ECD providing the balance of the funds.