Ocean Thermal Energy Announces Hiring New Investor Relations and Public Relations Firm

LANCASTER, Pa., Sept. 9, 2014 (GLOBE NEWSWIRE) -- Ocean Thermal Energy Corporation, Inc. (GXG: OTEC, ISIN: SE0006028023), a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide., today announced that the Company has engaged The Blueshirt Group to assist OTE in developing its communication and investor outreach program with the financial community and media.

"We are pleased to partner with The Blueshirt Group to help us expand our presence in the investment community and communicate the exciting commercial opportunities for our proven technologies," said Jeremy Feakins, Chairman and CEO of Ocean Thermal Energy Corporation. "We are looking forward to leveraging The Blueshirt Group's extensive experience in working with growing energy and environmental technology companies as we enter the next stage of our company's development."

"This is a great opportunity to work with a leading environmental technology company and we are excited to help the investment community better understand the Ocean Thermal Energy strategy and opportunity," said Shawn Severson, Managing Director of the Energy and Environmental Technologies practice at The Blueshirt Group. "With a compelling and differentiated position as a technology company focused on deep water hydrothermal technologies, we expect interest from the financial community will continue to expand and are delighted to be here as part of the OTE team."

About Ocean Thermal Energy Corporation

Ocean Thermal Energy is a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide. The Company provides financing, design, construction and operation of OTEC and SWAC systems and has offices in Pennsylvania, Virginia, The Bahamas, Cayman Islands, United States Virgin Islands, Hawaii, London, UK and Stockholm, Sweden. OTE traces its roots back to 1988 and has a multidisciplinary team of experienced corporate executives, scientists and ocean engineers, together with strong strategic alliances with premier corporations and financing institutions.

For additional information regarding OTE, please visit the Company's website at www.otecorporation.com.

About The Blueshirt Group

The Blueshirt Group provides capital markets expertise and strategic financial and media relations counsel to growth companies and venture capital firms globally. Founded in 1999, our firm has earned its reputation as a leader in investor relations (IR), financial communications, financial media relations and crisis management. The Energy & Environmental Technologies practice is headed by Wall Street veteran Shawn Severson, who brings with him over 20 years of practical experience as a sell-side analyst at leading investment banks.

For more information, please visit http://www.blueshirtgroup.com/.

CONTACT: Company: James D. Greenberg Director and Chief Sustainability Officer Tel: +1 800 298 5819 Investor Relations: Shawn Severson The Blueshirt Group Phone: (415) 489-2198 E-mail: shawn@blueshirtgroup.comSource:Ocean Thermal Energy Corporation