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Ocean Thermal Energy Corporation Announces Release of Research Report by Harbinger Research, LLC

LANCASTER, Pa., Sept. 30, 2014 (GLOBE NEWSWIRE) -- Ocean Thermal Energy Corporation (GXG: OTEC, ISIN: SE0006028023, CUSIP: 675100101), a supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, today announced that Harbinger Research, LLC, has issued a research report on the Company.

To obtain the report on Ocean Thermal Energy Corporation (OTE), please visit Harbinger Research, LLC's website here. The report is also listed on OTE's website here.

"We are very pleased with the research report just released by Harbinger Research, LLC. The report affirms the rapidly emerging value in our clean energy projects and in the Company as a whole. I encourage all of our current and prospective investors to review the research report. Harbinger has clearly identified many of the core strengths of our firm and management team," stated Jeremy P. Feakins, Chairman and CEO. "We are making significant progress with our pipeline of projects, and this report reaffirms the value we all expect will be realized there."

About Ocean Thermal Energy Corporation

Ocean Thermal Energy Corporation (OTE) 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/.

About Harbinger Research

Based in New York, NY, Harbinger Research, LLC, is an independent equity research firm that specializes in emerging opportunities in small-cap companies. For more information, please visit www.harbingerresearch.com. OTE compensates the analyst $15,000 in advance to ensure independent and unbiased opinions are rendered without conflict.

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