Ocean Power Technologies Launches Key Project in Fiscal First-Quarter 2014, Says More to Come Overseas

SUGAR LAND--September 16, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Ocean Power Technologies Incorporated (NASDAQ:OPTT) (OPT) (Pennington, New Jersey), which designs and produces wave-energy devices for the renewable power sector, continued to make progress on several key projects during the first quarter of the company's 2014 fiscal year, including the launch of a surveillance project in New Jersey backed by the U.S. Department of Homeland Security. Industrial Info is tracking more than $1 billion in projects involving OPT.