MEDIS IN THE NEWS November 13, 2007 MEDIS TECHNOLOGIES FUEL CELL POWER PACK RECEIVES AWARD FROM CONSUMER ELECTRONICS ASSOCIATION New York, NY, November 13, 2007 - Medis Technologies
Ltd. (NASDAQ:MDTL) announced today that its 24/7 Fuel Cell
Power Pack has been selected by the Consumer Electronics Association
(CEA) as an Innovations 2008 Design and Engineering Award Honoree in
the "We are delighted that the CEA has selected our fuel cell Power Pack for this prestigious award," said Robert K. Lifton, Chairman & CEO of Medis Technologies. "We are very proud that our Power Pack is a "green" product which, unlike batteries, does not have deleterious metals or other materials that damage the earth and, therefore, has been chosen as safe for the environment and sustainable. The Power Pack also offers a source of power for the connectivity that is sought by developing communities which are increasingly using cell phones and other hand held devices for communication and education but are lacking widespread sources of power for those devices. We are particularly pleased that the award will be presented at the Consumer Electronic Show, where we expect the announcement from a top tier OEM customer that they plan to introduce the Power Pack as a product bearing their brand which they plan to market to enterprise and retail customers in the United States, European and Asian markets." The Medis 24/7 Power Pack is also listed on the CEA website: www.mygreenelectronics.org where CEA is encouraging the public to "Reuse, Reduce, Recycle and Rethink" by making smarter, more environmentally-friendly choices by purchasing green electronics. About CEA: This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called “forward looking statements” by words such as “may,” “will,” “should,” “expects,” plans,” “targets,” “believes,” “anticipates,” “estimates,” “predicts,” “potential,” or “continue” or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws. CONTACT: |
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