DALLAS, Oct. 17, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Ocean Power Technologies Inc. (Nasdaq:OPTT). The report details the company's most recent developments and news, outlines its financial position and market performance, and includes an easy-to-read stock chart.

MicroStockProfit.com is the premier destination for investment information, making your trading decisions easier than ever. Get the rundown on how OPTT stacks up against its competitors and check-out the stock's technical data by viewing the free, in-depth report for OPTT at: http://www.microstockprofit.com/lp/OPTT

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In the report, the analyst notes:

"The New Jersey-based wave energy developer last week announced the addition of David L. Davis and Bruce A. Peacock to its board of directors."

"For the three months ended July 31, 2011, OPTT reported revenues of $1.9 million as compared to revenue of $1.4 million for the three months ended July 31, 2010. This increase primarily reflects revenue recorded for the U.S. Navy's LEAP program and for the development of the Company's next-generation PB500."

To read the entire report visit: www.microstockprofit.com/lp/OPTT

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