Ocean Power Technologies to Report 2022 Fourth Quarter and Full-Year Results on Wednesday, July 13, 2022

MONROE TOWNSHIP, N.J., June 14, 2022 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its 2022 fourth quarter and full-year results after the market closes on Wednesday, July 13, 2022.


CONFERENCE CALL AND WEBCAST INFORMATION

A conference call to discuss the financial results will be held the following morning Thursday, July 14, 2022, at 9:00 a.m. Eastern time. Philipp Stratmann, CEO, Bob Powers, CFO, and Joseph Dipietro, Treasurer and Controller, will host the call.

The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.

Live webcast:

Link to 4Q22 Webcast for OPTT

A replay will be available by telephone approximately two hours after the call’s completion until October 14, 2022. You may access the replay by dialing 877-660-6853 from the U.S. or 201-612-7415 for international callers and using the Conference ID 1373 0472. The archived webcast will also be available on the OPT website investor relations page.


INDIVIDUAL MEETING INFORMATION

In an effort to increase relations with institutional investors, management has dedicated time to hosting individual meetings with portfolio managers and analysts starting on July 14. If you are interested in scheduling a meeting with management, please contact

[email protected]

or 609-730-0400 x401.


ABOUT OCEAN POWER


TECHNOLOGIES

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services through our wholly owned subsidiary Marine Advanced Robotics. We are headquartered in Monroe Township, New Jersey, and have offices in Houston, Texas, and Richmond, California. To learn more, visit

www.OceanPowerTechnologies.com

.


CONTACT INFORMATION


Investors: 609-730-0400 x401 or

[email protected]


Media: 609-730-0400 x402 or

[email protected]


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