Mr. Ramm, 53, has been a member of Millennium Cell's Board of Directors since June 2000 and has served in an interim capacity as Millennium Cell's President and CEO since March of 2004. During his career, Mr. Ramm has held several senior level management positions at energy companies including President, CEO and Director of Integrated Electrical Services, Managing Director of Enron Renewable Energy, President of Enron Wind Corp. and Chairman and CEO of UTC Fuel Cells, a unit of United Technologies formerly known as International Fuel Cells Corporation.

Mr. Briggs, 44, has been with Millennium Cell since 2001 and most recently served as the Company's Senior Vice President. Prior to joining Millennium Cell, he spent 17 years at both The Gillette Company and Duracell Inc. where he was responsible for Duracell's Sales and Consulting Group who worked with OEM's in designing new and existing batteries into portable devices.

Mr. Giolli, 33, has served as the Millennium Cell's Vice President - Finance and Acting Chief Financial Officer since March of 2004, and previously as the Principal Accounting Officer and Controller since joining Millennium Cell in 2001. He is an alumnus of Price Waterhouse LLP and previously held financial management positions with public companies before joining Millennium Cell.

Mr. Battaglini, 39, has over 16 years of international sales and marketing experience with high tech firms, most recently with Clare. He joined Millennium Cell as Vice President of Sales, Marketing and Product Management in January of 2005.

G. Chris Andersen, Chairman of the Board of Millennium Cell, commented, "David, Adam, and John Giolli have been part of the team responsible for many of the recent strategic accomplishments that have created value for our shareholders. The Board is delighted to recognize their efforts and looks forward to working with them to advance our products towards commercialization. We formally welcome John Battaglini who joined us earlier this year and has already begun contributing to the organization in a meaningful way."

About Millennium Cell

Millennium Cell develops hydrogen battery technology that powers portable devices requiring long run time in a compact space. The Company is working with market partners to meet demand for its patented process in four areas: military, medical, industrial and consumer electronics. In addition, Millennium Cell has a strategic relationship with The Dow Chemical Company that combines our novel technology with Dow's strengths in materials, engineering and operational excellence to accelerate product commercialization. For more information, visit www.millenniumcell.com.