PENNINGTON, N.J.--(BUSINESS WIRE)--Jan. 9, 2012--
Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”),
a leading wave energy technology company, today announced that it will
participate in the 14th Annual Needham Growth Conference on January 11,
2012. The conference will take place at the New York Palace Hotel in New
York City. Brian M. Posner, Chief Financial Officer of OPT, is scheduled
to give a presentation at 3:30 p.m. Eastern Time.
A live audio webcast will be accessible via the Ocean Power Technologies
website. To hear the presentation and view related materials, please
visit the Company’s website at www.oceanpowertechnologies.com.
A replay will also be available for 90 days.
About Ocean Power Technologies
Ocean Power Technologies, Inc. (Nasdaq: OPTT) is a pioneer in
wave-energy technology that harnesses ocean wave resources to generate
reliable and clean and environmentally-beneficial electricity. OPT has a
strong track record in the advancement of wave energy and participates
in an estimated $150 billion annual power generation equipment market.
OPT’s proprietary PowerBuoy® system is based on modular, ocean-going
buoys that capture and convert predictable wave energy into clean
electricity. The Company is widely recognized as a leading developer of
on-grid and autonomous wave-energy generation systems, benefiting from
15 years of in-ocean experience. OPT is headquartered in Pennington, New
Jersey, USA with an office in Warwick, UK. More information can be found
at www.oceanpowertechnologies.com.
Source: Ocean Power Technologies
Company Contact:
Ocean Power Technologies, Inc.
Brian
M. Posner, Chief Financial Officer
Telephone: +1 609 730 0400
or
Media
Contact:
Luther Pendragon
Neil Thapar, Claire Norbury
Telephone:
+44 20 7618 9100
or
Investor Relations Contact:
Darrow
Associates
Chris Witty
Telephone: +1 646 438 9385
Email: cwitty@darrowir.com
