OPT Optima Health Plc

 

TIDMOPT 
 
RNS Number : 0946S 
Ocean Power Technologies Inc 
03 September 2010 
 

 
           OCEAN POWER TECHNOLOGIES annual meeting and proxy material 
 
Pennington, NJ - September 3, 2010 - Ocean Power Technologies, Inc. (Nasdaq: 
OPTT and London Stock Exchange AIM: OPT) ("OPT" or "the Company") announces 
today that the Annual Meeting of Stockholders of the Company will be held on 
Thursday, October 7, 2010 at 10:00 a.m. Eastern Time, at the Company's 
headquarters at 1590 Reed Road, Pennington, New Jersey 08534, USA.  At the 
Annual Meeting, stockholders will be asked to consider and vote upon (i) the 
election of six directors to the Company's Board and (ii) the ratification of 
the selection of KPMG LLP as the Company's independent registered public 
accounting firm for fiscal year 2011. 
 
Stockholders of record as of the close of business on Wednesday, August 19, 2010 
are entitled to notice of, and to vote at, the Company's Annual Meeting. The 
Company has mailed to all stockholders of record as of that date proxy 
materials, which include the Company's Proxy Statement and Annual Report, 
describing in detail the matters to be considered at the Annual Meeting. All 
stockholders (whether record or beneficial holders) may request a copy of the 
Company's proxy materials by contacting the Company at info@oceanpowertech.com. 
In addition, stockholders may access these documents electronically on the 
Company's website at www.oceanpowertechnologies.com under the Investor Relations 
tab. Copies of the proxy materials will also be available for inspection at the 
offices of the Company's Nominated Adviser, Nomura Code Securities Limited, 1 
Carey Lane, London EC2V 8AE, UK. 
 
Forward-Looking Statements 
 
This release may contain "forward-looking statements" that are within the safe 
harbor provisions of the Private Securities Litigation Reform Act of 1995. These 
forward-looking statements reflect the Company's current expectations about its 
future plans and performance, including statements concerning the impact of 
marketing strategies, new product introductions and innovation, deliveries of 
product, sales, earnings and margins. These forward-looking statements rely on a 
number of assumptions and estimates which could be inaccurate and which are 
subject to risks and uncertainties. Actual results could vary materially from 
those anticipated or expressed in any forward-looking statement made by the 
Company. Please refer to the Company's most recent Form 10-K for a further 
discussion of these risks and uncertainties. The Company disclaims any 
obligation or intent to update the forward-looking statements in order to 
reflect events or circumstances after the date of this release. 
 
About Ocean Power Technologies 
 
Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) 
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. The Company 
participates in a $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 over a decade of in-ocean 
experience. OPT's systems are insured by Lloyds Underwriters of London. OPT is 
headquartered in Pennington, New Jersey with offices in Warwick, UK. More 
information can be found at www.oceanpowertechnologies.com. 
 
Contact information: 
+----------------------------------------+---------------------------------+ 
| Ocean Power Technologies, Inc.         |                                 | 
| Charles F. Dunleavy, Chief Executive   | Telephone: +1 609 730 0400      | 
| Officer                                |                                 | 
| Brian M. Posner, Chief Financial       |                                 | 
| Officer                                |                                 | 
+----------------------------------------+---------------------------------+ 
| Nomura Code Securities Limited         |                                 | 
| Juliet Thompson, Richard Potts         | Telephone: +44 20 7776 1200     | 
+----------------------------------------+---------------------------------+ 
| Media Contact:                         |                                 | 
| Corfin Public Relations                |                                 | 
| Neil Thapar, Claire Norbury            | Telephone: +44 20 7596 2860     | 
|                                        |                                 | 
+----------------------------------------+---------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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