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Electro Energy Inc. Presents at Electricity Storage Association Conference in Knoxville, Tenn., May 16-18, 2006

17 May 2006

Electro Energy Inc. (Nasdaq: EEEI), a developer and manufacturer of advanced rechargeable batteries, announced today that James Landi, Pilot Operations Manager of EEEI, will present at the Electricity Storage Association's 2006 Conference "Energy Storage in Action," taking place in Knoxville, Tennessee, May 16-18, 2006.

The Energy Storage Association is an international trade association established to foster development and commercialization of energy storage technologies. Mr. Landi's paper is titled "Bipolar Nickel Metal Hydride High-Voltage Power and Energy Storage Battery Systems and Integration with Existing UPS Applications." He will be presenting at Session 3 on Distribution-Level Energy Storage: Testing and Case Studies, at 1:30 PM today.

Mr. Landi said, "We are very pleased to be a co-sponsor and presenter at this conference devoted to the latest developments in energy storage delivery systems for electricity suppliers. Electro Energy has produced a number of high-voltage battery modules in both high-energy and high-power designs. Our patented bi-polar design provides better power, longer life and less cost and reduces reliance on other types of batteries that comprise major pollutants such as lead and cadmium. Most importantly, our newly acquired large manufacturing facility near Gainesville, Florida, positions us as a significant domestic commercial provider to the utility, automotive and specialty power industries."

About Electro Energy Inc.

Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary design. EEEI has recently acquired significant manufacturing assets near Gainesville, Fla., to accelerate commercialization of its battery technology. For further information, please visit http://www.electroenergyinc.com.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.

Pursuant to a December 1, 2004 agreement, Consulting For Strategic Growth I, Ltd. ("CFSG1") provides Electro Energy with consulting, business advisory, investor relations, public relations and corporate development services, for which CFSG1 receives a fixed monthly fee for the duration of the agreement. Independent of CFSG1's receipt of cash compensation from Electro Energy, CFSG1 may choose to purchase the common stock of Electro Energy and thereafter sell those shares at any time it deems appropriate to do so. For more information, please visit http://www.cfsg1.com.

CONTACTS:

Audra J. Mace

Chief Financial Officer

Tel: (203) 797-2699

Fax: (203) 797-2697

E-mail: amace@electroenergyinc.com

http://www.electroenergyinc.com

Stanley Wunderlich

Consulting for Strategic Growth 1

Tel: (800) 625-2236

Fax: (212) 337-8089

E-mail: info@cfsg1.com