OPEL Technologies Mails Proxy Material

OPEL Technologies Inc. (TSX VENTURE:OPL)(OTCQX:OPELF) ("OPEL" or "the Company")
announces that, with respect to the Annual and Special Meeting of shareholders
("AGM") to be held in Storrs, CT on June 21, 2012, the proxy materials are being
sent to shareholders shortly using the Notice and Access method. As such,
registered shareholders should be receiving a proxy by mail and non-registered
shareholder should be receiving a voting instruction form. PDF copies of the
Proxy Material, which includes the Notice & Information Circular booklet, will
be filed on SEDAR www.sedar.com and will also be available for download from the
Company's website at www.opelinc.com/AGM. Shareholders will be able to obtain a
printed copy by contacting the Secretary of the Company or Equity Financial
Services Inc.


In addition to the usual matters to be presented at the AGM, including the
appointment of auditors and election of directors, shareholders will be asked to
consider an ordinary resolution to approve the 2013 Stock Option Plan, an
ordinary resolution to approve a new By-Law No. 1, and special resolution
authorizing, subject to regulatory approval, the change in the name of the
Company to "POET Technolgies Inc.". The purpose of the By-Law change is to
incorporate the Notice and Access process ("Notice and Access") for delivering
shareholder materials recently authorized by the Canadian Securities
Administrators (the "CSA") and to provide for an advance notice requirement (the
"Advance Notice Policy") for shareholders to nominate directors.


The CSA amendments to authorize Notice and Access were implemented by the CSA to
modernize and enhance communication between reporting issuers and their
shareholders by allowing greater use of the Internet for delivering
proxy-related materials and to increase the efficiencies of the proxy voting
process by reducing the volume of documents sent to shareholders. These
amendments are not only environmentally friendly by reducing the amount of paper
waste, but will result in substantial savings to the Company in printing and
mailing costs.


The Advance Notice Policy, which is similar to that currently being established
by many other companies, is for the purpose of providing shareholders, directors
and management of the Company with a clear framework for nominating directors.
The Advance Notice Policy is meant to: (i) facilitate an orderly and efficient
process for annual general meetings or, where the need arises, special meetings
of shareholders; (ii) ensure all shareholders receive adequate notice of the
director nominations and sufficient information with respect to all nominees;
and (iii) allow shareholders to register an informed vote with respect to
director nominations, having been afforded reasonable time for appropriate
deliberation.


The purpose of the name change is to better reflect the Company's business and
highlight the POET technology. The proposed name change is also consistent with
Management's focus on its efforts to monetize the POET technology.


The Directors have approved these proposed changes as they believe they are in
the best interests of the shareholders. The Board has also adopted a policy for
"Majority Voting" for election of directors, as disclosed in the Information
Circular. This Policy does not apply in circumstances involving contested
director elections.


Non-registered shareholders wishing to attend the AGM and vote in person, must
appoint themselves as proxyholder and submit their voting instruction form at
least 48 hours before the Meeting.


Following the AGM, shareholders will, again this year, be provided with the
opportunity to tour the ODIS lab facility showcasing the intricacy of the POET
breakthrough technology.


If you plan to attend the AGM and wish to stay overnight at the Nathan Hale Inn,
please call them directly to make a reservation (tel: [phone]). There are a
limited number of rooms being held for OPEL shareholders. Identify yourself as
part of the OPEL Group to receive the reduced rate being offered on a first come
first serve basis.


About OPEL Technologies Inc.

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 and for ODIS at www.odisinc.com.


ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

FOR FURTHER INFORMATION PLEASE CONTACT: 
Grayling
Christopher Chu
[phone]
[e-mail]