Flexible Electronics News

ECD Announces Extension of Auction Date

Moved from April 24 to May 8

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Energy Conversion Devices, Inc. (ECD) and United Solar Ovonic LLC (USO) have extended the auction date for the going concern sale of USO to 10:00 a.m. (Eastern Time) on May 8, 2012. This sale process is being conducted by ECD and USO under bankruptcy proceedings commenced under Chapter 11 in the U.S. Bankruptcy Court for the Eastern District of Michigan. The auction was previously scheduled for 10:00 a.m. (Eastern Time) on April 24, 2012.

Details surrounding the auction date extension, as well as other information regarding the court proceedings, are available at www.energyconversiondevices.com/restructuring.php.

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