DALLAS, April 23, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Energy Conversion Devices Inc. (Nasdaq:ENER). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/ENER
Energy Conversion Devices Inc. (ENER) designs, manufactures and sells photovoltaic products, known as PV or solar laminates that generate clean, renewable energy by converting sunlight into electricity. Its solar laminates have unique characteristics that differentiate them from conventional crystalline solar modules, including physical flexibility, light weight, high durability and ease of installation. These characteristics make its products particularly suitable for rooftop and building integrated photovoltaic (BIPV) applications, which is the Company's target markets. ENER manufactures its solar laminates using a proprietary process and technology that it developed through nearly 30 years of research. Solar laminate sales represent more than 92% of the Company's revenues. The Company also receives fees and royalties from licensees of its nickel metal hydride (NiMH) battery technology and sells high performance nickel hydroxide used in NiMH batteries.
Message Board Search for ENER: http://www.boardcentral.com/boards/ENER
In the report, the analyst notes:
"On April 22, ENER's United Solar Ovonic subsidiary and ContourGlobal 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 ENER using its UNI-SOLAR(R) brand photovoltaic laminates with development resources provided through ENER 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 megawatts (MW) of UNI-SOLAR(R) laminates at four CCH facilities in Italy ... Morelli also said that the Company is collaborating with ContourGlobal on other projects in Europe, Africa and North America, and looks forward to doing many more installations within the next few years."
To read the entire report visit: www.microstockprofit.com/ads/ENER
See what investors are saying about ENER at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com.
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.