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News Release Details

Ocean Power Technologies to Host Audio Webcast on Year-End Results

Jul 07, 2008 at 2:01 AM EDT
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PENNINGTON, N.J.--(BUSINESS WIRE)--July 7, 2008--Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") will host an audio webcast to review its fiscal year-ended April 30, 2008 results and related matters on Tuesday, July 15, 2008, at 11:00 a.m. Eastern Time. Dr. George W. Taylor, Chief Executive Officer, Mark R. Draper, Chief Operating Officer, and Charles F. Dunleavy, Chief Financial Officer, will host the webcast.

Investors and other interested parties may access the webcast by visiting the Company's website at www.oceanpowertechnologies.com and clicking on the Investor Relations tab, then Webcasts and Presentations.

About Ocean Power Technologies

Ocean Power Technologies, Inc. develops and is commercializing proprietary systems that generate electricity by harnessing the renewable energy of ocean waves. The Company's PowerBuoy(R) system is based on modular, ocean-going buoys, which have been ocean tested for nearly a decade. The waves move the buoy-like structure creating mechanical energy that the Company's proprietary technologies convert into electricity.

Please visit our website: https://www.oceanpowertechnologies.com

CONTACT:
Ocean Power Technologies, Inc.
Dr. George W. Taylor, Chief Executive Officer
Telephone: +1 609 730 0400
or
Charles F. Dunleavy, Chief Financial Officer
Telephone: +1 609 730 0400
or
Herbert T. Nock, VP Business Development & Marketing
Telephone: +1 609 730 0400
or
Media Contact in United States:
Edelman
Mona J. Walsh
Telephone: +1212 704 4598
Email: mona.walsh@edelman.com
or
Media Contact in United Kingdom:
Corfin Communications
Neil Thapar, Martin Sutton, Clare Perks
Telephone: +44 20 7977 0020
or
Collins Stewart Europe Limited
Adrian Hadden
Telephone: +44 20 7523 8350

SOURCE: Ocean Power Technologies, Inc.