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Medis Technologies Announces 24-7 Fuel Cell Power Pack to Be Offered in Select Best Buy and Best Buy Mobile Stores

2008-08-05 08:29:00

Medis Technologies Announces 24-7 Fuel Cell Power Pack to Be Offered in Select Best Buy and Best Buy Mobile Stores

NEW YORK–(EMWNews)–Medis Technologies Ltd. (NASDAQ:MDTL) announced today that its

24-7 Fuel Cell Power Pack will be offered in select Best Buy and Best

Buy Mobile stores beginning this month. The 24-7 Power Pack is a

portable power system based on Medis Direct

Liquid Fuel Cell Technology. It is designed to keep handheld devices

operational while on the go.

The Medis 24/7 offers consumers a green alternative energy source

capable of charging an array of devices including mobile phones, smart

phones, GPS devices, MP3 players and other handheld electronic products.

Xentris Wireless will carry out the distribution functions, including

handling orders, providing packaging, product shipping and other

logistic services for the program.

“We are pleased at this opportunity to introduce our innovative Fuel

Cell Power Pack products in selected Best Buy and Best Buy Mobile stores

to their extensive customer base, said Robert

K. Lifton, Chairman & CEO of Medis Technologies. We

believe that working with Xentris Wireless will add the requisite

logistical capabilities to effectively implement this program.

“Xentris Wireless is committed to offering its customers unique and

innovative products,” said Chris Martinez, Vice President of Sales and

Marketing for Xentris Wireless. “Consumers are looking for alternative

energy products and we believe the Medis 24-7 Fuel Cell Power Pack is

just the type of product consumers want.”

About Medis Technologies Ltd.

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

majority-owned and publicly traded 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.

About Xentris Wireless

Xentris Wireless is a leading manufacturer and distributor of wireless

accessories with a commitment to providing unique, innovative, and

progressive solutions that meet the growing needs of the wireless

industry. Xentris provides custom marketing, distribution, and logistics

solutions for major markets including eCommerce, wireless carriers,

mass-market retailers, and indirect channels.

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

Companys 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.

This press release is available on Medis web

site at www.medistechnologies.com.

Medis Technologies Ltd.
Robert K. Lifton, 212-935-8484
Chairman

& CEO
or
INVESTOR RELATIONS COUNSEL:
The

Equity Group Inc.
Adam Prior, 212-836-9606

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