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Notice of Webcast - amendment

11th Mar 2008 16:39

Ocean Power Technologies Inc11 March 2008 ------------------------------------------------------NEWS RELEASE------------------------------------------------------ Ocean Power Technologies, Inc. 1590 Reed Road Pennington, New Jersey 08534 USA The following replaces the Notice of Audio Webcast announcement released at 0701under RNS number 7904P. 4.00 pm GMT has been amended to 3.00pm GMT The full amended text appears below. For Immediate Release March 11, 2008 OCEAN POWER TECHNOLOGIES TO ANNOUNCE THIRD QUARTER RESULTS AND HOST AUDIO WEBCAST 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 thethird quarter and nine months ended January 31, 2008, and will host an audiowebcast to review its results, on Monday, March 17, 2008, at 11:00 a.m. EasternTime (3.00 p.m GMT). Dr. George W. Taylor, Chief Executive Officer, Mark R.Draper, Chief Operating Officer and Charles F. Dunleavy, Chief FinancialOfficer, will host the webcast. Investors and other interested parties may access the webcast by visiting theCompany's website at www.oceanpowertechnologies.com and clicking on the InvestorRelations tab, then Webcasts and Presentations. About Ocean Power Technologies 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 0020Martin Sutton, Neil Thapar Collins Stewart Europe Limited Telephone: +44 20 7523 8350Adrian Hadden This information is provided by RNS The company news service from the London Stock Exchange

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