30.1.2007: Meldung: Ormat Technologies, Inc.: Resignation of Director Elon Kohlberg

Ormat Technologies Announces Resignation of Director Elon Kohlberg
Monday January 29, 8:12 am ET

RENO, Nev., Jan. 29 -- Ormat Technologies, Inc. today announced the resignation of Elon Kohlberg as a member of the Company"s Board of Directors, effective January 26, 2007. Professor Kohlberg also had been a member of the Nominating and Corporate Governance Committee of the Company. Professor Kohlberg advised the Company that his resignation is driven by his need to devote more time to his teaching and research commitments.

The Company plans to fill Professor Kohlberg"s board seat with another independent director within the next few weeks.

Dita Bronicki, Chief Executive Officer of Ormat, stated: "We thank and appreciate Elon Kohlberg for the time he served on our Board and wish him continued success in his academic and teaching career."

About Ormat Technologies

Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal power plants. Ormat is a pioneer in Organic Rankine Cycle (ORC) technology and a leader in the manufacture of ORC power equipment.

It also designs, develops and builds, and owns and operates, recovered energy-based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. Ormat products and systems are covered by more than approximately 70 patents. Ormat currently operates the following geothermal power plants: in the United States -- Brady, Heber, Mammoth, Ormesa, Puna and Steamboat; in the Philippines -- Leyte; in Guatemala -- Zunil; in Kenya -- Olkaria; and in Nicaragua -- Momotombo. In the U.S., Ormat owns and operates four OREG1 Recovered Energy Generation plants.

Ormat Technologies Contact: Investor Relations Contact:
Dita Bronicki Todd Fromer / Marybeth Csaby
CEO and President KCSA Worldwide
+1-775-356-9029 +212-896-1215 / 212-896-1236
dbronicki@ormat.com tfromer@kcsa.com / mcsaby@kcsa.com


Source: Ormat Technologies, Inc.
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