Ocean Power Technologies, Inc. elected Mr. Steven M. Fludder and Mr. Robert K. Winters to the Company’s Board of Directors to serve until the Company’s 2016 annual meeting of stockholders and until their respective successors are elected and qualified. The Board of Directors also appointed Mr. Fludder to serve on the Compensation Committee. Mr. Fludder is currently Chief Executive Officer with alpha-En. Currently, Mr. Winters is an Executive Vice President and the General Manager of Alpha IR Group's New York City office.