<SUBMISSION>
<ACCESSION-NUMBER>0000032878-06-000094
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20060817
<ITEMS>5.02
<ITEMS>9.01
<FILING-DATE>20060818
<DATE-OF-FILING-DATE-CHANGE>20060818
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ENERGY CONVERSION DEVICES INC
<CIK>0000032878
<ASSIGNED-SIC>3690
<IRS-NUMBER>381749884
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0630
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-08403
<FILM-NUMBER>061043349
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>2956 WATERVIEW DRIVE
<CITY>ROCHESTER HILLS
<STATE>MI
<ZIP>48309
<PHONE>248-293-0440
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2956 WATERVIEW DRIVE
<CITY>ROCHESTER HILLS
<STATE>MI
<ZIP>48309
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>ENERGY CONVERSION LABORATORIES INC
<DATE-CHANGED>19710603
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k_081706release.htm
<DESCRIPTION>ECD'S PRESS RELEASE OF 8.17.06
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>

<BODY><DIV style="WIDTH: 600px">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>UNITED STATES</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>SECURITIES AND EXCHANGE COMMISSION</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>Washington, D.C. 20549</FONT></P>

<HR align=center width="30%" noShade SIZE=2>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT face="Arial, Helvetica, Sans-Serif" size=2>FORM 8-K</FONT></B></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>CURRENT REPORT</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>Pursuant to Section 13 OR 15(d) of<BR>The Securities Exchange Act of 1934</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 7.69%; TEXT-INDENT: -7.69%; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp; </FONT></P>

<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
<TR>
<TD vAlign=top align=left width="50%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>Date of Report (Date of earliest event reported)</FONT> </TD>
<TD vAlign=top align=left width="50%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp;&nbsp;&nbsp;August&nbsp;17, 2006</FONT>
<HR width="100%" color=gray noShade SIZE=1>
</TD></TR>
</TABLE>


<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
<TR>
<TD vAlign=top align=center width="100%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>ENERGY CONVERSION DEVICES, INC.</FONT> <BR>
<HR width="100%" color=gray noShade SIZE=1>
</TD></TR>
<TR>
<TD vAlign=top align=center width="100%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(Exact name of registrant as specified in its charter)</FONT></TD></TR>
</TABLE>


<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<TABLE style="MARGIN-LEFT: 5.4pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
<TR>
<TD vAlign=bottom width="40%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 1pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT face="Arial, Helvetica, Sans-Serif" size=2>DELAWARE </FONT></P>
</TD>
<TD vAlign=bottom width="15%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 1pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>1-8403 </FONT></P>
</TD>
<TD vAlign=bottom width="40%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 1pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>38-1749884</FONT></P>
</TD></TR>
<TR>
<TD vAlign=top colSpan=3>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
<HR width="100%" color=gray noShade SIZE=1>
</TD></TR>
<TR>
<TD vAlign=top width="40%">
<P style="MARGIN-TOP: 1.5pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(State or other jurisdiction<BR>of incorporation)</FONT></P>
</TD>
<TD vAlign=top width="15%">
<P style="MARGIN-TOP: 1.5pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(Commission<BR>File Number)</FONT></P>
</TD>
<TD vAlign=top width="40%">
<P style="MARGIN-TOP: 1.5pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(I.R.S. Employer<BR>Identification No.)</FONT></P>
</TD></TR>
</TABLE>

<BR>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<TABLE style="MARGIN-LEFT: 5.4pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="97%" border=0>
<TR>
<TD style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 1.5pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT face="Arial, Helvetica, Sans-Serif" size=2>2956 Waterview Drive, Rochester Hills, Michigan</FONT></P>
</TD>
<TD style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 1.5pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>48309 </FONT></P>
</TD></TR>
<TR>
<TD style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
<HR width="100%" color=gray noShade SIZE=1>
</TD>
<TD style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
<HR width="100%" color=gray noShade SIZE=1>
</TD></TR>
<TR>
<TD style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
<P style="MARGIN-TOP: 1.5pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(Address of principal executive offices)</FONT></P>
</TD>
<TD style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
<P style="MARGIN-TOP: 1.5pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(Zip Code)</FONT></P>
</TD></TR>
</TABLE>


<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2>Registrant's telephone number, including area code </FONT><U><FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(248) 293-0440&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>
<BR>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
<TR>
<TD vAlign=top width="100%" colSpan=2>
<HR width="100%" color=gray noShade SIZE=1>
</TD></TR>
<TR>
<TD vAlign=top width="8%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: justify"><FONT size=1>&nbsp; </FONT></P>
</TD>
<TD vAlign=top width="91%">
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT face="Arial, Helvetica, Sans-Serif" size=2>(Former name or former address, if changed since last report)</FONT></P>
</TD></TR>
</TABLE>


<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 7.69%; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><FONT face="Arial, Helvetica, Sans-Serif" size=2>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2>[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2>[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2>[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17 CFR 240.14d-2(b))</FONT></P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT>&nbsp;</P>

<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><FONT face="Arial, Helvetica, Sans-Serif" size=2>[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17 CFR 240.13e-4(c))</FONT></P>
<BR>
<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT></P>

<HR align=center width="100%" noShade SIZE=2>

<P style="PAGE-BREAK-BEFORE: always"></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P align=left><FONT face="Arial, Helvetica, Sans-Serif" size=2><U>Item 5.02</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Departure of Directors or Principal Officers; Election of Directors;</U><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<U>Appointment of Principal Officers </U></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Workstation" -->

<P><FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On August 17, 2006, Energy Conversion Devices, Inc. ("ECD")&nbsp;issued a press release to announce the death of Dr. Iris M. Ovshinsky, its co-founder, vice president and a director. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P align=left><FONT face="Arial, Helvetica, Sans-Serif" size=2><U>Item 9.01</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial Statements and Exhibits</U></FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Workstation" -->

<P><FONT face="Arial, Helvetica, Sans-Serif" size=2>(d)&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Arial, Helvetica, Sans-Serif" size=2><U>Exhibits</U>: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 2-TNR" FSL="Default" -->
<TABLE cellSpacing=0 cellPadding=0 width=600 border=0>
<TR vAlign=top>
<TD width="10%">&nbsp;</TD>
<TD width="90%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press release of Energy Conversion Devices, Inc. dated August 17, 2006 </FONT></TD></TR>
</TABLE>

<BR><BR><BR><BR>
<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2>2</FONT></P>

<HR align=center width="100%" noShade SIZE=2>

<P style="PAGE-BREAK-BEFORE: always"></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2><U><B>SIGNATURE</B></U></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Workstation" -->

<P><FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. </FONT></P>

<TABLE width=600>
<TR>
<TD width="40%"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT></TD>
<TD width="60%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>ENERGY CONVERSION DEVICES, INC.<BR><BR></FONT></TD></TR>
<TR>
<TD width="40%"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT></TD>
<TD width="60%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>By:&nbsp;&nbsp;&nbsp;/s/ Ghazaleh Koefod</FONT>
<HR align=right width="96%" noShade SIZE=2>
<FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Secretary</FONT> </TD></TR>
<TR>
<TD width="40%"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT></TD>
<TD width="60%"><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT></TD></TR>
</TABLE>


<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Default" -->
<P align=left><FONT face="Arial, Helvetica, Sans-Serif" size=2>Date:&nbsp;August 18, 2006 </FONT></P>
<BR><BR><BR><BR>
<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2>3</FONT></P>

<HR align=center width="100%" noShade SIZE=2>

<P style="PAGE-BREAK-BEFORE: always"></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2><U>EXHIBIT INDEX</U></FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 2 Left-TNR" FSL="Default" -->
<P align=left><FONT face="Arial, Helvetica, Sans-Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exhibit No.</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Description</U></FONT></P>

<TABLE width=600>
<TR>
<TD align=center width="30%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>99.1</FONT> </TD>
<TD align=left width="60%"><FONT face="Arial, Helvetica, Sans-Serif" size=2>Press release dated August&nbsp;17, 2006</FONT></TD></TR>
</TABLE>

<BR><BR><BR><BR>
<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2>4</FONT></P>

<HR align=center width="100%" noShade SIZE=2>



<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Arial, Helvetica, Sans-Serif" size=2></FONT></P>
</DIV>
</BODY>

</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99p1_081706release.htm
<DESCRIPTION>PRESS RELEASE OF AUGUST 17, 2006
<TEXT>
<HTML>
<HEAD>
<TITLE> </TITLE>
</HEAD>
<BODY bgcolor="#ffffff" style='font-family:"Arial"'>

<div style='width:600;'>



<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:7.69%;text-align:center;'><B><font SIZE=2>DR. IRIS OVSHINSKY, ECD OVONICS CO-FOUNDER, VICE PRESIDENT AND DIRECTOR, DIES IN BLOOMFIELD HILLS, MICHIGAN</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:6pt; margin-top:6pt;text-align:left;'><b><font size=2>Rochester Hills</font></b><font size=2>, Mich., August 17, 2006 ( It is with deep sorrow that Energy Conversion Devices, Inc. (ECD Ovonics) (NASDAQ:ENER) announces the death of Dr. Iris M. Ovshinsky, co-founder, vice president and a director of the company.  Dr. Ovshinsky died August 16, 2006, at her home in Bloomfield Hills, Michigan, at the age of 79.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Iris Ovshinsky and Stan Ovshinsky, her husband and fellow scientist, founded ECD Ovonics in 1960 to research and use new science and technology to solve serious societal problems.  Since the company&#146;s founding, Iris was a true pioneer and played a leading role with Stan in all areas based on his inventions in amorphous and disordered materials.  Under their leadership, ECD Ovonics has developed into a multi-disciplinary business, scientific, technical and manufacturing organization in the fields of alternative energy generation, energy storage and information technologies.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&#147;We are greatly saddened by Iris&#146; death.  She was a woman of great vision and an amazing human being,&#148; said Robert C. Stempel, Chairman and CEO of ECD Ovonics.  &#147;She built a corporate culture which helped us grow as a company.  All of us in the ECD Ovonics community will greatly miss her and join me in extending our deepest condolences to Stan and her family.&#148;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Speaking for the family, Dr. Ovshinsky&#146;s daughter, Dr. Robin Dibner, said, &#147;Iris fought for peace, equality and justice with empathy for everyone.  She found great happiness in creating new industries that resulted in high-value jobs.  She was full of life and sparkle, bringing joy to all who met her.&#148; </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Iris graduated with a B.A. in Zoology from Swarthmore College, received an M.S. in Biology from the University of Michigan, and a Ph.D. in Biochemistry from Boston University.  She is a member of Sigma Xi, an associate member of Michigan Center for Theoretical Physics of The University of Michigan, and a member of the Editorial Board.  In 2000, Iris was named &#147;Hero of Chemistry&#148; by the American Chemical society along with Stan as &#147;chemical innovators whose industrial work in chemistry or chemical engineering has made significant and lasting contributions to global human welfare.&#148;  In 2003, Iris was inducted into the &#147;Academy of Distinguished Alumni&#148; of her alma mater, Boston University.  Recently, she and Stan were profiled in the documentary </font><i><font size=2>Who Killed the Electric Car?</font></i><font size=2>  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Dr. Ovshinsky is survived by her husband, Stan Ovshinsky; their five children, Robin and Steven Dibner, Harvey, Dale and Ben Ovshinsky; and four grandchildren, Natasha and Noah Ovshinsky, Sylvie Polsky and Pablo Dibner.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>In lieu of flowers, donations may be directed to The American Civil Liberties Union &#150; Michigan Chapter, the Physicians for a National Health Program (29 E. Madison, Suite 602, Chicago, IL 60602), or The Workmen&#146;s Circle/Arbeter Ring (26341 Coolidge Hwy., Oak Park, MI 48237).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Funeral services will be arranged by The Dorfman Chapel (248-406-6000) located at 30440 12 Mile Road, Farmington Hills, MI 48334 (1-1/2 blocks east of Orchard Lake Road on the north side of the street).  Visitation for family and friends will be on August 20 from 3:00 pm to 6:00 pm.  Interment will be private and will take place on Monday, August 21, in Akron, Ohio.  A memorial tribute will be held at a later date.</font></p>

<p style=' margin-bottom:6pt; margin-top:6pt;text-align:center;'><font size=2>###</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Contacts</font></b><font size=2>:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Ghazaleh Koefod &#150; Investor Relations</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Dick Thompson &#150; Media Relations</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Energy Conversion Devices, Inc.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>248.293.0440</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


</div>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SUBMISSION>
