Millennium Cell Executive Appointed Chief Technology Officer

Millennium Cell Inc. (NASDAQ: MCEL), a leading developer of hydrogen battery technology, today announced that Dr. Richard M. Mohring, 35, has been appointed to Chief Technology Officer, a newly-created position. Dr. Mohring has held scientific and leadership roles within Millennium Cell since January 2000, and has had extensive experience with hydrogen storage and fuel cell technologies, particularly with chemical hydride systems. Dr. Mohring currently leads Millennium Cell’s technical team of over 25 scientists and engineers responsible for development of innovative hydrogen battery systems. Dr. Mohring has served as Principal Investigator on numerous Department of Defense and Department of Energy development programs and subcontracts awarded to Millennium Cell. "Rick has consistently demonstrated exceptional technical leadership during his service to the company. He is a prolific inventor and expert in several technical disciplines that are invaluable to our product development. His promotion to this position recognizes the many innovative advances that our team has made under Rick’s leadership and we look forward to his continued contribution,” stated Adam Briggs, President. Prior to joining Millennium Cell, Dr. Mohring co-founded Pixelligent Technologies LLC, a company that focuses on the development of technology advancements in semiconductor lithography. He currently holds 7 U.S. patents with multiple pending applications. Dr. Mohring received a B.S. in Applied Physics from New Jersey Institute of Technology and an M.S. and Ph.D. in Physics from University of Maryland. About Millennium Cell Millennium Cell is a leader in the development of hydrogen battery technology used to power portable applications. Through its proprietary Hydrogen on Demand® fuel cartridges and PowerSkin™ fuel cell modules, the Company provides increased energy density resulting in longer runtime and lighter weight in a compact space. The Company is working with market partners to meet the demand for a better battery in the military, medical, industrial and consumer electronics markets. For more information, visit www.millenniumcell.com. Cautionary Note Regarding Forward-looking Statements: This press release may include statements that 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 and are subject to risks. Forward-looking statements are identified by their use of terms and phrases such as "believe,” "expect,” "plan,” "anticipate,” "on target” 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, many of which are outside of our control, 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 hydrogen fuel storage and delivery system; (ii) the cost and commercial availability of the quantities of raw materials required by the hydrogen fuel storage and delivery systems; (iii) competition from current, improving and alternative power technologies; (iv) Millennium Cell’s ability to raise capital at the times, in the amounts and at the costs and terms that are acceptable to fund the development and commercialization of its hydrogen fuel storage and delivery system and its business plan; (v) Millennium Cell’s ability to protect its intellectual property; (vi) Millennium Cell’s ability to achieve budgeted revenue and expense amounts; (vii) Millennium Cell’s ability to generate revenues from the sale or license of, or provision of services related to, its technology; (viii) Millennium Cell’s ability to form strategic alliances or partnerships to help promote our technology and achieve market acceptance; (ix) Millennium Cell’s ability to generate design, engineering or management services revenue opportunities in the hydrogen generation or fuel cell markets; (x) Millennium Cell’s ability to secure government funding of its research and development and technology demonstration projects; and (xi) other factors discussed under the caption "Investment Considerations” in Millennium Cell’s Annual Report on Form 10-K for the year ended December 31, 2006.