New Director at OPT

Robert J. Burger was elected to the Ocean Power Technologies’ Board of Directors effective May 8, 2015.

Most recently, Burger was President and CEO of MAN Diesel & Turbo North America Inc., a German manufacturer and the provider of large diesel engines for use in ships and power stations. Prior to that, he was President of the Service Americas business of LM Wind Power.

Terence J. Cryan, Chairman of the Board of OPT, commented, “Mr. Burger has a broad range of executive experience in both the alternative and traditional energy industries, and we are pleased that he agreed to join our Board of Directors. We are confident that Mr. Burger’s significant managerial, commercial and technical experience will provide additional insight and perspective to Ocean Power Technologies. We are excited that he is bringing his strong experience in the marine and power generation sales and service industries to help us execute our strategy and accelerate the commercialization of our unique technology.”

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