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Ormat Technologies to Present at the 28th Annual ROTH Conference

RENO, Nev., March 03, 2016 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) today announced that Smadar Lavi, VP of Corporate Finance and Investor Relations, will be presenting at the 28th Annual ROTH Conference on Monday, March 14, 2016 at 10:00 a.m. PT in Salon 1. The presentation will also be webcast live from the Investor Relations section of the Company's website on www.ormat.com/investors. The webcast will be archived for 90 days.

The conference will be held March 13-16, 2016 at the Ritz Carlton in Orange County, CA. Ms. Lavi will be available for one-on-one meetings. To schedule a meeting, please contact your ROTH representative.

About the 28th Annual ROTH Conference

The annual ROTH Conference is one of the largest of its kind in the U.S. Following the success of previous year’s events, the ROTH Conference, with close to 550 participating companies and over 4,000 attendees, will feature presentations from public and private companies in a variety of sectors. It is a gathering of institutional investors, private equity investors, VCs, company executives and service providers working in the small and mid-cap space.

About Ormat Technologies

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (REG), with the objective of becoming a leading global provider of renewable energy. The company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter - a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 72 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 450 employees in the United States and over 600 overseas. Ormat’s flexible, modular solutions for geothermal power and REG are ideal for the vast range of resource characteristics. The company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling over 2,000 MW of gross capacity. Ormat’s current 697 MW generating portfolio is spread globally in the U.S., Guatemala and Kenya.

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 February 26, 2016.

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: Smadar Lavi Investor Relations 775-356-9029 (ext. 65726) slavi@ormat.com Investor Relations Agency Contact: Rob Fink/Brett Maas Hayden - IR 646-415-8972/646-536-7331 rob@haydenir.com / brett@haydenir.com

Source:Ormat Technologies, Inc.