Result of AGM

 

TIDMOPT 
 
RNS Number : 1093U 
Ocean Power Technologies Inc 
08 October 2010 
 

                  OCEAN POWER TECHNOLOGIES ANNOUNCES RESULTS OF 
                         ANNUAL MEETING OF SHAREHOLDERS 
 
Pennington, New Jersey - October 8, 2010 -- Ocean Power Technologies, Inc. 
(Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or "the Company") 
announces that its annual meeting of shareholders was held on October 7, 2010. 
All resolutions were passed, including the election of the Board of Directors 
and the ratification of the selection of KPMG LLP as the Company's independent 
registered public accounting firm for fiscal year 2011. 
 
 
About Ocean Power Technologies 
 
Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) 
is a pioneer in wave-energy technology that harnesses ocean wave resources to 
generate reliable, clean and environmentally-beneficial electricity. OPT has a 
strong track record in the advancement of wave energy and participates in a $150 
billion annual power generation equipment market. The Company's proprietary 
PowerBuoy  system is based on modular, ocean-going buoys that capture and 
convert predictable wave energy into low-cost, clean electricity. The Company is 
widely recognized as a leading developer of on-grid and autonomous wave-energy 
generation systems, benefiting from over a decade of in-ocean experience. OPT's 
technology and systems are insured by Lloyds Underwriters of London. OPT is 
headquartered in Pennington, New Jersey with an office in Warwick, UK. More 
information can be found at www.oceanpowertechnologies.com. 
 
 
                                   ********** 
 
Contact information: 
+----------------------------------------+---------------------------------+ 
| Ocean Power Technologies, Inc.         |                                 | 
| Charles F. Dunleavy, Chief Executive   | Telephone: [phone]      | 
| Officer                                |                                 | 
| Brian M. Posner, Chief Financial       |                                 | 
| Officer                                |                                 | 
+----------------------------------------+---------------------------------+ 
| Nomura Code Securities Limited         |                                 | 
| Juliet Thompson, Richard Potts         | Telephone: [phone]     | 
+----------------------------------------+---------------------------------+ 
| Media Contact:                         |                                 | 
| Corfin Public Relations                |                                 | 
| Neil Thapar, Claire Norbury            | Telephone: [phone]     | 
|                                        |                                 | 
+----------------------------------------+---------------------------------+ 
 
 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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