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News Release Details

Ocean Power Technologies Notification of 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") advises that it will be announcing its results for the financial year ended April 30, 2008 on Monday, July 14, 2008.

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, +1 609 730 0400
Chief Executive Officer
or
Charles F. Dunleavy, +1 609 730 0400
Chief Financial Officer
or
Herbert T. Nock, +1 609 730 0400
VP Business Development & Marketing
or
Media Contact in United States:
Edelman
Mona J. Walsh, +1 212 704 4598
mona.walsh@edelman.com
or
Media Contact in United Kingdom:
Corfin Communications
Neil Thapar, Martin Sutton, Clare Perks, +44 20 7977 0020
or
Collins Stewart Europe Limited
Adrian Hadden, +44 20 7523 8350

SOURCE: Ocean Power Technologies, Inc.