7th Sep 2007 08:15
Ocean Power Technologies Inc07 September 2007 NEWS RELEASE------------------------------------------------------ Ocean Power Technologies, Inc. 1590 Reed Road Pennington, New Jersey 08534 USA For Immediate Release September 7, 2007 ANNUAL MEETING AND PROXY MATERIALS Ocean Power Technologies, Inc ("OPT", or the "Company") (Nasdaq: OPTT and LondonStock Exchange: AIM-OPT) has announced that the annual meeting of stockholdersof the Company will be held on Friday, October 5, 2007, at 10:00 a.m. EasternTime, at the Company's headquarters at 1590 Reed Road, Pennington, New Jersey08534 USA. At the annual meeting, stockholders will be asked to consider andvote upon (i) the re-election of five directors to the Company's Board; and (ii)the ratification of the selection of KPMG LLP as the Company's independentregistered public accounting firm for fiscal year 2008. Stockholders of record as of the close of business on August 21, 2007 areentitled to notice of, and to vote at, the Company's annual meeting. The Companyhas mailed to all stockholders of record as of that date proxy materialsdescribing in detail the matters to be considered at the annual meeting. Allstockholders (whether record or beneficial holders) may request a copy of theCompany's proxy materials by contacting the Company at [email protected] of the proxy materials will also be available for inspection at theoffices of Collins Stewart Europe Limited, 9th Floor, 88 Wood Street, LondonEC2V 7QR, UK. About Ocean Power Technologies, Inc. Ocean Power Technologies, Inc. develops and is commercializing proprietarysystems that generate electricity by harnessing the renewable energy of oceanwaves. 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-likestructure creating mechanical energy that the Company's proprietary technologiesconvert into electricity. For further information, please contact: Ocean Power Technologies, Inc Telephone: +1 609 730 0400Dr. George W. Taylor, Chief Executive Officer Telephone: +1 609 730 0400Charles F. Dunleavy, Chief Financial Officer Corfin Communications Telephone: +44 20 7977 0020Ben Hunt, Neil Thapar Collins Stewart Europe Limited Telephone: +44 20 7523 8353Adrian Hadden This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Optima Health