12.10.07

12.10.2007: Meldung: Ocean Power Tech - Result of AGM

Ocean Power Technologies, Inc. announced that its annual meeting of stockholderswas held October 5, 2007. All resolutions were passed, including the election ofthe Board of Directors.About Ocean Power TechnologiesOcean Power Technologies, Inc. develops and is commercializing proprietarysystems that generate electricity by harnessing the renewable energy of oceanwaves. The Company"s PowerBuoy(R) system is based on modular, ocean-going buoys,which have been ocean tested for nearly a decade. The waves move the buoy-likestructure creating mechanical energy that the Company"s proprietary technologiesconvert into electricity.

For Further information, please contact:
Ocean Power Technologies, Inc Telephone: +1 609 730 0400
Dr. George W. Taylor, Chief Executive Officer Telephone: +1 609 730 0400
Charles F. Dunleavy, Chief Financial Officer

Corfin Communications
Telephone: +44 20 7977 0020
Ben Hunt, Neil Thapar

Collins Stewart Europe Limited Telephone:
+44 20 7523 8353
Adrian Hadden
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