Millennium Cell Inc (fka MCELQ)

[AngelHillCorp]

MCEL ... Conference Call ... 10/30/06 ... 10am est

Millennium Cell to Host Third Quarter Conference Call

October 17, 2006 - 11:11 am est

Millennium Cell Inc. (NASDAQ:MCEL), will host a conference call that will be simultaneously Webcast on Monday, October 30, 2006. The Company's management will discuss the financial and operational results for the third quarter.

The conference call and live Webcast will begin at 10:00 a.m. ET. Please call the following number approximately 10 minutes prior to the scheduled time of the call: 1-800-435-1398 passcode 50908157. A telephonic replay of the conference call will also be available through November 6, 2006, by calling 1-888-286-8010, passcode 82748679.

To listen to a live broadcast of the call over the Internet or to review the archived call, please visit Millennium Cell under the "Investor Relations" section.

Millennium Cell ( MCEL ) .... http://www.millenniumcell.com

Millennium Cell develops hydrogen battery technology through a patented chemical process that safely stores and delivers hydrogen energy to power portable devices. The borohydride-based technology can be scaled to fit any application requiring high energy density for a 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. For more information, visit http://www.millenniumcell.com.

MBS Value Partners
Betsy Brod, 212-750-5800