Millennium Cell Inc. (NASDAQ: MCEL), a development-stage company that has created a proprietary technology to safely generate and store hydrogen, announced today that it has provided the Ford Motor Company a prototype Hydrogen on Demand (TM) fuel system for automotive application evaluation. The system will be evaluated by Ford at the Research Laboratories in Dearborn, Michigan to validate the capabilities of the fuel system to deliver hydrogen to either a fuel cell or an internal combustion engine.

"Ford Motor Company is a demonstrated leader in the automotive industry in exploring the use of hydrogen to power both fuel cells and internal combustion engines," said Rex Luzader, Millennium Cell Vice President, Business Development -Transportation. "We are pleased that Ford has agreed to evaluate our system and are looking forward to developing a working relationship beyond this initial evaluation phase."

Millennium Cell has invented and developed a proprietary process called Hydrogen on Demand (TM) that safely generates pure hydrogen or electricity from environmentally friendly raw materials. In the process, the energy potential of hydrogen is carried in the chemical bonds of sodium borohydride, which in the presence of a particular catalyst either releases hydrogen or produces electricity. The primary input components of the reaction are water and sodium borohydride, a derivative of borax. Borax is found in substantial natural reserves globally. Millennium Cell technology can be applied in transportation and portable power, including micro-power and long-life batteries.

About Millennium Cell

Founded in 1998, Millennium Cell is based in Eatontown, NJ and is focused on developing new, clean and abundant energy sources. The company is traded on NASDAQ under the symbol MCEL. For more information on Millennium Cell, visit www.millenniumcell.com or call 732-542-4000.

Cautionary Note Regarding Forward-looking Statements:

This press release may include statements which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Millennium Cell's current views about future events and financial performance. These forward-looking statements are identified by their use of terms and phrases such as believe, expect, plan, anticipate and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Millennium Cell's expectations, and Millennium Cell expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to, the following: (i) the cost and timing of development and market acceptance of Millennium Cell's fuel cell systems, (ii) competitive factors, such as price competition and new product introductions, (iii) the cost and availability of products, (iv) the cost of complying with current governmental regulations, (v) the accuracy of cash flow and earnings per share predictions and (vi) other factors detailed from time to time in Millennium Cell's filings with the Securities and Exchange Commission. Company management does not attempt to update forecasts unless conditions materially change.

Millenium Cells, Inc.

Millenium Cells, Inc.

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