NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- Medis Technologies Ltd. (Pink Sheets: MDTL), a developer of fuel cells for the consumer, military and industrial markets, announced today that its consumer products are now available at Fry's Electronics stores. This marks Medis' first distribution agreement with an on-site retailer. Fry's Electronics is a leading big-box retailer of computers, consumer electronics, and appliances with some 35 stores in about 10 states, notably California and Texas.

Medis' consumer line includes The 24/7 Xtreme Portable Fuel Cell Charger and a product designed for emergency situations, the Xtreme Fuel Cell Emergency Kit, along with replacement fuel cells. The 24/7 Xtreme is the world's first personal, portable, fuel cell power system designed for smart phones and most common handheld electronics. A simple squeeze and shake delivers 20 watt-hours of power, ideal for business travel and "off-the-power-grid" applications such as in-field use, camping, and emergency situations. The Xtreme has near universal compatibility with the included multiple connectors to recharge or power your portable devices using the included standard USB, Mini USB, Micro USB, Palm Treo, and Nokia tips.

The Company's proprietary technology uses electrochemical energy - no greenhouse gases, no carbon footprint from the chemistry at all (although the container is plastic), and entirely recyclable. Unlike batteries, it does not self-discharge prior to activation, so it does not "die on the shelf."

Jose Mejia, Medis Chairman and CEO said, "We are very pleased to announce our first on-site retail distribution deal to complement our presence with several prominent online retailers. Fry's Electronics stores provide high-tech customers a one-stop shopping solution for all their electronic needs, and we believe that they will respond positively to our unique green charging and emergency power solutions."

For more information about Medis Technologies and the company's variety of fuel cell powered products, please visit www.medistechnologies.com.

About Medis Technologies Ltd.

Medis Technologies Ltd. (MDTL: PK) (www.medistechnologies.com), headquartered in New York, is the first company in the world to market a personal and 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, 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.

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.

    CONTACT
    Omer Masud
    Medis Technologies
    omerm@medistechnologies.com
    212-935-8484

    Brian Kennedy (Media)
    Allen & Caron
    212-691-8087
    brian@allencaron.com

SOURCE Medis Technologies Ltd.