ORA Ormat Technologies Inc

Call Will be Webcast Simultaneously RENO, Nev., Jan. 30 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE:ORA) plans to announce its fourth quarter and year-end 2007 earnings results in a press release that will be issued on Tuesday, February 26, 2008. The Company has scheduled a conference call to discuss the results at 9 a.m. EST on Wednesday, February 27, 2008. (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 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 a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy- based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. Ormat products and systems are covered by more than 70 patents. Ormat currently operates 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; and in Nicaragua -- Momotombo. 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 12, 2007 and the Prospectus Supplement filed with the Securities and Exchange Commission on October 23, 2007. 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: Dita Bronicki CEO +1-775-356-9029 Investor Relations Contact Todd Fromer / Marybeth Csaby KCSA Strategic Communications 212-896-1215/212-896-1236 / http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO http://photoarchive.ap.org/ DATASOURCE: Ormat Technologies, Inc. CONTACT: Dita Bronicki, CEO, +1-775-356-9029, ; Investor Relations, Todd Fromer, +1-212-896-1215, , or Marybeth Csaby, +1-212-896-1236, , both for Ormat Web site: http://www.ormat.com/

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