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Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2009 Earnings Results

RENO, Nev., Oct. 20 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2009 earnings results in a press release that will be issued on Wednesday, November 4, 2009 after the market close. The Company has scheduled a conference call to discuss the results at 9:00 A.M. EST on Thursday, November 5, 2009.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)

The conference call will be broadcast live as a listen-only webcast. To listen live, please go to http://www.ormat.com approximately twenty minutes before the conference call is scheduled to begin. You will need to register, and may need to download and install the required audio software. The webcast will be archived for 30 days following the call.

About Ormat Technologies

Ormat Technologies, Inc. is the only vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, owns and operates geothermal and recovered energy-based power plants around the world. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power-generating equipment, and provides related services. The Company has more than four decades of experience in the development of environmentally-sound power, primarily in geothermal and recovered-energy generation. Ormat products and systems are covered by 75 U.S. patents. Ormat has built over approximately 1,200 MW of plants half for its own account and half as supplies to utilities and developers. Ormat's current generating portfolio includes the following geothermal and recovered energy-based power plants: in the United States - Brady, Heber, Mammoth, Ormesa, Puna, Steamboat, OREG 1, OREG 2 and Peetz; in Guatemala - Zunil and Amatitlan; in Kenya - Olkaria; in Nicaragua - Momotombo and in New Zealand - GDL.

Ormat's Safe Harbor Statement

Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 2, 2009.

These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:           Investor Relations Contact:
    Dita Bronicki                         Todd Fromer / Marybeth Csaby
    CEO                                   KCSA Strategic Communications
    775-356-9029                          212-896-1215 (Todd) /
    dbronicki@ormat.com                   212-896-1236 (Marybeth)
                                          tfromer@kcsa.com/
                                          mcsaby@kcsa.com

SOURCE Ormat Technologies, Inc.

Copyright (2009) PR Newswire. All Rights Reserved.
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