MEDIS IN THE NEWS

December 10, 2007

DESIGN NEWS ARTICLE REPORTS ON MEDIS POWER PACK FUEL CELLS ‘GREEN’ ASSEMBLY TECHNOLOGY

New York, NY, December 3, 2007 - Medis Technologies Ltd. (NASDAQ:MDTL) 24-7 Power Pack was singled out in a recent DESIGN NEWS article by Doug Smock, Contributing Editor. Mr Smock's article, entitled " Promising Fuel Cell Uses ‘Green’ Assembly", writes about the 24-7 Power Pack's 'Green' technology for the modern soldier which features innovative chemistry and assembly technology. CLICK HERE, to read the DESIGN NEWS article.

Medis Technologies’ primary focus is on its fuel cell technology. Its business strategy is to sell its products to end users through branded OEM partnerships, retail outlets, service providers and to the military and other markets. Medis’ wholly-owned subsidiary, Cell Kinetics Ltd., is engaged in the development and commercialization of the CKChip, a unique cell carrier platform intended for simultaneous fluoroscopic monitoring and analysis of thousands of individual living cells over time.


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:
Medis Technologies Ltd.
Robert K. Lifton
Chairman & CEO
212-935-8484
or
INVESTOR RELATIONS COUNSEL:
The Equity Group Inc.
Adam Prior
212-836-9606

 



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