Medis Fuel Cell Products Now on Newegg.com

Xtreme(TM) Portable Power and Emergency Kits online for early adopters of Total Green Power Products

NEW YORK, June 15 /PRNewswire-FirstCall/ – Medis Technologies Ltd. (Nasdaq: MDTL), developer of the world’s first consumer portable fuel cell, announced that Newegg.com, the second largest online-only retailer in the world with more than 12 million registered users, is now carrying breakthrough Medis products. Interested parties should go to www.newegg.com and search “Medis” in the search box at the top left of the screen.

Jose Mejia, Medis Chairman and CEO said, “Newegg.com has an award-winning website that has millions of eyes — and buyers–looking for the latest and greatest new products. It is an ideal e-tailer to boost our online visibility and reach our target customers: people looking for “always-on” pure-green power products for backup use, for emergency assurance, and for the sheer thrill of making electricity in your hand. We believe that Newegg could be a key player in helping us to ramp up our sales.

“Newegg.com is an always-on e-tailer with best-of-breed customer service, and we are very pleased that our products are listed on their site,” said Mejia.

Mejia said that Newegg is offering an assortment of Medis’ breakthrough products: the Medis Fuel Cell Xtreme Emergency Kit, the Medis 24/7 Xtreme Fuel Cell Power Portable Charger, and the 24/7 Power Pack Replacement Fuel Cell Refill, all powered by Medis’ green fuel cells that have zero carbon footprint, no emissions, and no recycling issues.

The Medis Fuel Cell Xtreme Emergency Kit delivers instant emergency light and power for a cell phone, radio or flashlight for several days. The kits are especially well-suited as a back-up in the event of a hurricane or earthquake, a power outage or blackout. Unlike batteries, they do not store electricity — they make it on demand, so they have an extremely long shelf life and do not “go dead.” With near universal compatibility, the Medis 24/7 Xtreme Fuel Cell Power Portable Charger is ideal for instantly powering smart phones to standard phones as well as other handheld devices when batteries run out and wall outlets aren’t available. The 24/7 Power Pack Replacement Fuel Cell Refill enables consumers to replace the fuel cell power pack while keeping the power cable and connector tips for continued use.

Small and lightweight, the Medis portable power system uses electrochemical energy to provide worry-free, instant power anytime, anyplace, without the emission of greenhouse gases, toxic chemicals or hazardous waste.

To learn more about Medis’ fuel cell products, please visit www.medistechnologies.com.

About Medis Technologies Ltd.

Medis Technologies Ltd. (Nasdaq: MDTL) (www.medistechnologies.com), headquartered in New York, is the first company in the world to design, develop and market a portable liquid fuel cell capable of providing electrical power to the mobile electronics marketplace. The Medis fuel cell features a patented, proprietary fuel formulation that utilizes borohydride to generate electricity upon activation; it is safe, clean, silent, non-toxic, and recyclable. First generation products include the Medis 24-7 Power Pack; 24-7 Xtreme Portable Power Solution; and the Medis Fuel Cell Power Emergency Kit.

Medis’ indirect majority-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.

About Newegg.com

Newegg.com Inc. is the second-largest online-only retailer in the United States. Founded in 2001, Newegg has more than 12 million registered users and regularly earns industry-leading customer service ratings. The award-winning website, www.newegg.com, offers customers a comprehensive selection of the latest high-tech products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site’s online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg.com Inc. is a wholly-owned subsidiary of Newegg Inc. and is headquartered in City of Industry, California.

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.

SOURCE Medis Technologies Ltd.