Message to Investors

We and our wholly owned subsidiary, United Solar Ovonic, are the leading global manufacturer of the UNI-SOLAR® thin-film flexible solar laminates with the proven capability to generate more energy per rated watt in real-world conditions. With our unique, differentiated lightweight product, which is ideally suited for low-load roofs and integrates easily into most commercial and residential roofing materials, we are taking rooftop generation of clean, renewable energy to an aesthetic level.

We are the leaders in rooftop building-integrated photovoltaics (BIPV), currently manufactured for commercial roofing applications but being developed for residential roofing market. With the acquisition of Solar Integrated Technologies, Inc., we have vertically integrated our roofing business to grow beyond just selling laminates and towards providing engineering, procurement and construction or "EPC" solutions. With the combination of SIT's engineering and installation expertise and our new UNI-SOLAR product offerings, such as our PowerTilt™ product, we are leveraging the unique features of UNI-SOLAR laminates into a lightweight building-applied photovoltaic (BAPV) solution.

Our Ovonic Materials (OMD) segment includes our royalty-bearing consumer battery business, our manufacture of nickel hydroxide materials used in nickel metal hydride batteries and R&D on our proprietary biofuel reformation technology, which offers the potential for low-cost production of hydrogen from renewable energy sources, such as ethanol. Through ongoing research and development, OMD has achieved the technical innovations which have helped maintain its world-leading NiMH intellectual property portfolio.

Our Ovonyx joint venture, of which we own 39.3%, is commercializing our proprietary phase-change optical memory (OUM or PRAM) technology through licensing and product development arrangements. OUM is a basic, new type of nonvolatile memory that can replace conventional nonvolatile or FLASH memory in applications requiring retention of stored data when power is turned off, including cell phones, PDAs, digital cameras and microelectronics.

OUM is a trademark of Ovonyx, Inc.

Forward Looking Statement

This website contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), which are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. These forward-looking statements concern, among other things, the Company's expectations, plans and strategies for the development and commercialization of products based on its technologies and are generally identified by the use of such terms as "intends," "expects," "plans," "projects," "estimates," "anticipates," "should" and "believes."

Investors are encouraged to review the section on Cautionary Statement for Purposes of the "Safe Harbor" Provisions in ECD's Annual Report on Form 10-K for a more complete discussion of factors that could affect ECD's future performance.