News Releases

Pennington, NJ, USA, 27January 2006 - Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT), a leading renewable energy technology company that is commercialising its off-shore wave-powered electrical generation systems, announces the appointment of John A.

Ocean Power Technologies, Inc (¡§OPT¡¨ or the ¡§Company¡¨) (London Stock Exchange: AIM-OPT), announced today that it has deployed two of its PowerBuoysÆË, in two oceans, at customer sites off Hawaii and New Jersey, USA. The Hawaii system is in connection with OPT¡¦s on-going contract from the US

Ocean Power Technologies Ltd is pleased to announce today the appointment of Paul Jordan as Business Development Manager, reporting to Mark Draper, Chief Executive. Paul has over nine years' experience in business development at both Rolls Royce and latterly the Carbon Trust.

Pennington, NJ, USA, 3 October 2005 - Ocean Power Technologies, Inc (“OPT” or the “Company”) (London Stock Exchange: AIM-OPT), announces that it has received additional funding of US $2.8 million for its on-going contract from the US Navy to build a wave power station off the Hawaiian island of

Pennington, NJ, USA, 9 August 2005 - Ocean Power Technologies, Inc (“OPT” or the “Company”) (London Stock Exchange: AIM-OPT). The United States Energy Bill was signed by President George W. Bush yesterday, and, for the first time has included specific language to provide financial incentives for

Pennington, NJ, USA, 20 June 2005 - Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT), announced today that its European subsidiary, Ocean Power Technologies Limited (“OPT Ltd”) has signed an agreement with Total Energie Développement S.A.S (“Total”) and

Pennington, NJ, USA, 11 October 2004 - Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT), a leading renewable energy technology company that is commercialising its off-shore wave-powered electrical generation systems, is pleased to announce the appointment of

Pennington, NJ, August 4, 2004 – Ocean Power Technologies, Inc. (London Stock Exchange:AIM-OPT) announced today that it has signed a Joint Venture Agreement with Iberdrola S.A., Sodercan S.A. and IDAE S.A. for the development, construction and operation of a wave power station off the coast of the

Pennington, NJ, June 18, 2004 – Ocean Power Technologies, Inc. (LSE:AIM-OPT) announced today that it has installed one of its PowerBuoyTM units near Kaneohe Bay in the State of Hawaii. This deployment is part of the first phase of the Company's contract from the US Navy, for installation of a 1

Pennington, NJ, May 19, 2004 - Ocean Power Technologies Inc. (LSE: AIM-OPT) has been awarded an initial $550,000 contract by Lockheed Martin Corp. (NYSE:LMT) to provide a wave energy generating system to power underwater sensing equipment. The nine-month contract supports a Lockheed Martin and OPT