7th Sep 2007 08:48
Ocean Power Technologies, Inc ("OPT", or the "Company") (Nasdaq:OPTT and London Stock Exchange: AIM-OPT) has announced that the annualmeeting of stockholders of the Company will be held on Friday, October5, 2007, at 10:00 a.m. Eastern Time, at the Company's headquarters at1590 Reed Road, Pennington, New Jersey 08534 USA. At the annualmeeting, stockholders will be asked to consider and vote upon (i) there-election of five directors to the Company's Board; and (ii) theratification 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 are entitled to notice of, and to vote at, the Company's annualmeeting. The Company has mailed to all stockholders of record as ofthat date proxy materials describing in detail the matters to beconsidered at the annual meeting. All stockholders (whether record orbeneficial holders) may request a copy of the Company's proxymaterials by contacting the Company at [email protected]. Copiesof the proxy materials will also be available for inspection at theoffices of Collins Stewart Europe Limited, 9th Floor, 88 Wood Street,London EC2V 7QR, UK. £ About Ocean Power Technologies, Inc. £ Ocean Power Technologies, Inc. develops and is commercializingproprietary systems that generate electricity by harnessing therenewable energy of ocean waves. The Company's PowerBuoy(R) system isbased on modular, ocean-going buoys, which have been ocean tested fornearly a decade. The waves move the buoy-like structure creatingmechanical energy that the Company's proprietary technologies convertinto electricity. Copyright Business Wire 2007Related Shares:
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