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Ocean Power Technologies to Present at 2010 Rodman & Renshaw Annual Global Investment Conference


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PENNINGTON, N.J.--([ BUSINESS WIRE ])--Ocean Power Technologies, Inc. (Nasdaq: OPTT) (LSE: OPT) (aOPTa or athe Companya) announces today that Charles F. Dunleavy, Chief Executive Officer of OPT, will present at the 2010 Rodman & Renshaw Annual Global Investment Conference on Tuesday, September 14, 2010 at 3:15pm Eastern Time. The conference will take place at the New York Palace Hotel in New York City.

A live webcast of the presentation will be available on the Companya™s website at: [ www.oceanpowertechnologies.com ]. A replay of the presentation will be archived on the website for 90 days.

For more information on the 2010 Rodman & Renshaw Annual Global Investment Conference, please visit [ http://www.rodmanandrenshaw.com/ ] or call +1 212 430 1714.

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 and clean and environmentally-beneficial electricity. OPT has a strong track record in the advancement of wave energy. The Company participates in a $150 billion annual power generation equipment market. OPTa™s proprietary PowerBuoy® system is based on modular, ocean-going buoys that capture and convert predictable wave energy into 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. OPTa™s 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 ].


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