OPEL Technologies Announces Results of Annual Meeting

OPEL Technologies Inc. (TSX VENTURE:OPL)(OTCQX:OPELF) ("OPEL" or "the Company")
today announced that its Annual General & Special Meeting ("AGM") took place
earlier today and that the shareholders approved the change of the Company's
name to "POET Technologies Inc.", the New By-Law No. 1, the 2013 Stock Option
Plan and the election of the following nominees to the Board of Directors as was
proposed in the Information Circular:




Mark Benadiba         Peter Copetti         
Adam Chowaniec        John F. O'Donnell     
Dr. Samuel Peralta    Leon M. Pierhal       
Dr. Geoff Taylor      Chris Tsiofas         



All directors received the required majority vote from shareholders. In a
subsequent Board Meeting that followed the AGM, the Board reappointed the
following executive officers for the Company:




Mark Benadiba, Executive Chairman                   
Leon M. Pierhal, President & Chief Executive Officer
Kevin Barnes, Treasurer & Chief Financial Officer   
Lee Shepherd, Vice President of Technology          
Michel Lafrance, Corporate Secretary                
Blaine Grisel, Controller                           



The shareholders also approved the re-appointment of Marcum LLP, Accountants &
Advisors, of New Haven, Connecticut, as the auditors of the Company for the
ensuing year.


Shareholders were presented with updates by Mark Benadiba, the Executive
Chairman, and Leon M. Pierhal, the Chief Executive Officer of OPEL, on the
status the Company. Each reinforced that the core component of the Company's
strategy going forward is to continue to develop the POET platform. POET enables
monolithic fabrication of integrated circuit gallium arsenide devices containing
both electronic and optical elements on a single wafer. 


Following the AGM, shareholders were provided the opportunity to take a tour of
the ODIS facility to further reinforce the stated objective to drive
monetization efforts of the POET platform. Shareholders in attendance were
welcomed by the ODIS Team at the facility and given a showcase of the intricacy
of this breakthrough technology. 


About OPEL Technologies Inc.

OPEL is the developer of the POET platform for monolithic fabrication of
integrated circuit devices containing both electronic and optical elements on a
single semiconductor wafer. With head office in Toronto, Ontario, Canada, and
operations in Storrs, CT, the Company, through ODIS Inc., a U.S. company,
designs III-V semiconductor devices for military, industrial and commercial
applications, including infrared sensor arrays and ultra-low-power random access
memory; and through OPEL Solar, Inc., provided systems for energy applications.
The Company has 32 patents issued and 6 patents pending, primarily for its
semiconductor POET process, which enables the monolithic fabrication of
integrated circuits containing both electronic and optical elements, with
potential high speed and power-efficient applications in devices such as
servers, tablet computers and smartphones. OPEL's common shares trade on the TSX
Venture Exchange under the symbol "OPL" and on the OTCQX under the symbol
"OPELF". For more information please visit our websites at www.opeltechinc.com;
for OPEL Solar at www.opelsolar.com; and for ODIS at www.odisinc.com.


ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

FOR FURTHER INFORMATION PLEASE CONTACT: 
OPEL Technologies Inc.
Patricia Venneri Agudow
Vice President, Public Relations
[phone] Ext. 2612
[e-mail]
www.opeltechinc.com