Business Services Industry

Ocean Power Corporation Receives Securities and Exchange Commission Comments On Its Form 10-SB Filing

Business Wire, Jan 8, 2001

Business Editors

EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Jan. 8, 2001

Ocean Power Corp. (OTCBB:PWRE) has received comments and requests for further information from the Securities And Exchange Commission concerning its Form 10-SB/A filing.

The Company has already begun the process, with the assistance of its legal counsel, Latham and Watkins, and its auditors, H.J. & Associates, of responding to the SEC comments and requests. The Company intends to diligently respond to the SEC as quickly as possible.

For further information, contact: Robert L. Campbell, 916/933-8100, or visit www.pwre.com.

The above statements in regard to Ocean Power which are not purely historical are forward-looking statements including Ocean Power's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to Ocean Power as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative and marketplace changes.

COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
 

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