Call Will be Webcast Simultaneously

RENO, Nev., Jan. 22 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2008 earnings results in a press release that will be issued on Tuesday, February 24, 2009. The Company has scheduled a conference call to discuss the results at 10 a.m. EST on Wednesday, February 25, 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 to the call, please go to 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 more than 75 U.S. patents. Ormat current generating portfolio includes the following geothermal and recovered energy-based power plants: in the United States - Brady, Heber, Mammoth, Ormesa, Puna, Steamboat and OREG 1; in Guatemala - Zunil and Amatitlan; in Kenya - Olkaria; in Nicaragua - Momotombo and in New Zealand- GDL.

SafeHarbor 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 5, 2008 and on Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2008.

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) /212-896-1236 (Marybeth)
    dbronicki@ormat.com           tfromer@kcsa.com/mcsaby@kcsa.com

SOURCE Ormat Technologies, Inc.