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The following is an excerpt from a 10KSB SEC Filing, filed by OCEAN POWER CORP on 4/13/2001.
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OCEAN POWER CORP - 10KSB - 20010413 - DIRECTORS_AND_OFFICERS

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

A.       Directors and Executive Officers.

                      Name                            Age                              Office (1)
Gloria Rose Ott ............................           46            Chairman of the Board and  Director
Joseph P. Maceda ...........................           48            President and Director
Robert L. Campbell .........................           56            Vice President and Director
J. Michael Hopper...........................           53            Secretary/Treasurer
Thomas G. Redmon............................           55            Senior Vice President & General Counsel
Philip M. Johnson...........................           45            Vice President, International Operations
Blair Aiken.................................           33            Senior Vice President Business Development

1. Directors serve a term of one year. Gloria Rose Ott was a Director of the Company from May 26, 1998 to September 18, 1998. Subsequently, Ms. Ott and Messrs. Maceda and Campbell became Directors of the Company on June 22, 1999 as a result of the merger of PTC Holdings, Inc. with and into the Company. Previously, all such persons were Directors of Holdings. Gloria Rose Ott had served as Director and Chairman of the Board of Holdings since October 1998; Joseph P. Maceda had served as a Director of Holdings since January 1997; and Robert L. Campbell had been a Director of Holdings since June 1997.

Background Information.

Ms. Gloria Rose Ott - Chairman Of The Board. Ms. Ott joined the Company as Chairman of the Board in October, 1998. Ms. Ott was founder and Chairman of Rapid Tech, Inc., from 1995 through 1999. RapidTech, a privately held corporation, managed a Defense Advanced Research project that employed agile manufacturing standards to the eventual mass-production of hybrid vehicles, teaming with Detroit Center Tools and the Taylor Dunn Company.

In 1994, Ms. Ott received a Presidential Appointment and served on the Board of Directors of the Overseas Private Investment Corporation (OPIC) until 1999. OPIC sells investment services to assist U.S. companies in some 140 emerging economies around the world with an active portfolio of $18.3 billion. In addition, from 1992-1998 Ms, Ott served as the President of Miraido Corporation, building a $24 million mixed-used real estate project on a city block in San Jose, California. Ms. Ott earned her Bachelor of Arts Degree at San Francisco State University and completed her graduate studies at Sonoma State University.

Joseph P. Maceda - President. In January of 1997, Mr. Maceda founded Manufacturing Technologies Corporation to pursue the modular seawater desalination and power markets. This company became a wholly owned subsidiary of PTC Holdings, Inc, in March of 1998. Mr. Maceda also served as President. In June, 1997, PTC Holdings merged with PTC Group, Inc. (OTCBB Symbol: PWRE), and Mr. Maceda became President of the merged company.

Mr. Maceda has 22 years of experience in business development, management, finance, technology acquisition, and development in support of product commercialization.

Since Mr. Maceda founded the Company in January 1997, he has devoted 100% of his time to the development of the business that has evolved into Ocean Power. As the financials show, Ocean Power has had no sales since its inception. For the seven and half years prior, Mr. Maceda, was the VP of Development of H Power. In March of 1987, Mr. Maceda founded Teledata International, Inc., which was developing wireless, wide-area networks for remote monitoring and control systems. Fuel cells were a subsidiary technology development as power supplies but in June 1988, because of the potential of fuel cells, all other technologies were shelved and a new corporation was formed call H Power Corporation, to develop fuel cell, hydrogen generation, and storage technologies for use in the battery replacement, stationary power, and transportation markets.

From June 1998 until he left H Power in December, 1996, Mr. Maceda raised money, found technologies and developed strategic partnerships for marketing and manufacturing with companies such as Singapore Technologies, Rolls-Royce; Neste Oy; IBM; Duquesne; Sumitomo; British Nuclear Fuels; the U.S. Department of Defense; the U.K. Ministry of Defense, and others.

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Robert L. Campbell - Vice President. Mr. Campbell has 24 years experience in the high technology sectors of the defense electronics industry, is a pioneer in the conversion of defense technologies to peaceful applications, and has 10 years experience in the seawater desalination industry. Prior to founding Integrated Water & Power,(IW&P) during 1997, Mr. Campbell was founding President and Chief Executive Officer of Advanced Distillation Technology (ADTech, founded 1991). He was responsible for the identification and negotiation of Kaiser Aerospace & Electronics, Saudi Industries for Desalination Membranes and Systems, and Singapore Technologies Automotive as key investors and partners. He was responsible for ADTech's system design and the location and selection of all key technologies and personnel. While Mr. Campbell was President and CEO of Advanced Distillation Technologies, a development stage company, working on exactly what its name describes. This company had no sales in the time Mr. Campbell was running it.

In 1983, Mr. Campbell founded, operated and developed Advanced Counter Measure Systems (ACMS) a privately held corporation which supplied advanced technology electronic systems to all U.S. military services and several federal agencies. During 1987 and 1988 Mr. Campbell arranged and concluded the significant sale of equity in ACMS to TRW, Inc., of Delaware and EDO Corporation of New York.

While at Watkins-Johnson Co. from 1966 to 1983 Mr. Campbell progressed from Member to the Technical Staff in Device R&D to Staff Scientist in Electronics Warfare Systems, to Founding Department Manager of the Electronics Warfare Systems group.

From 1967 to 1970 while in military service ((U.S. Army Security Agency and Strategic Communications Command) he designed and deployed extensive test networks used to explore Electromagnetic Pulse effects in support of the Safeguard Anti-Ballistic Missile System development. Mr. Campbell is a graduate of St. Mary's College of Moraga, California (B.S. Physics, 1966), did graduate studies at the University of Arizona (Systems Engineering 1968), participated in the Honors Program at Stanford University (Microwave Engineering, 1975) and holds a California State Teaching Credential (lifetime).

J. Michael Hopper - Secretary/Treasurer. Mr. Hopper joined the Company in January of 1997. Prior to his current position, from 1986 to 1996 Mr. Hopper was President, Founder and Partner of Rainbow Video Duplicating, Inc., of New York, a video duplicating service company with clients in corporate, medicine, entertainment, and instructional fields. Mr. Hopper worked closely with clients through all stages of package, design, printing, duplication, fulfillment and final production of an annual distribution exceeding 3 million units. Mr. Hopper has a Bachelor of Arts degree in communications from the University of Florida.

Thomas G. Redmon - Senior Vice President & General Counsel. Thomas G. Redmon, joined Ocean Power on January 1, 2001 as Senior Vice President and General Counsel. Mr. Redmon received a Doctor of Jurisprudence from University of California at Davis in 1969.

From 1976 through 1997 he was a partner with the law firm of Wilke, Fleury, Hoffelt, Gould and Birney. During that time he did both litigation and transactional work serving as business and corporate counsel for a number of small to medium sized businesses and specializing in complex business litigation in the healthcare and accounting fields. Mr. Redmon was appointed Managing Partner in 1998 and held that position until December, 2000. During his tenure as Managing Partner, Mr. Redmon was responsible for all aspects of the business operations of the firm.

Blair Aiken - Senior Vice President Business Development. Mr. Aiken joined Ocean Power Corporation, New York Office on January 1, 2001, from Hydrogen Performance Technologies, or HyPerTec. Mr. Aiken has 10 years experience developing and advising companies. Over the last three years, Mr. Aiken has focused on emerging technology start up concerns, through Think tank Capital in New York. He originated and evaluated start up technology companies, for investors advising clients whether to proceed with development and/or financing. Industries of clients previously under advisory included: defense contractors, content, computer security, power generation and fuel cells. Working closely in 1999 with MIT Media Lab start up, which designed the new generation of wearable computers and medical devices. In late 1999, this work lead to the founding of Hydrogen Performance Technologies.

From 1995 until 2001, Mr. Aiken was with AIM Inc., based in Europe, where he worked to improve and perfect business practices of large European multinationals, first for Akzo Nobel Inc., and later Mobil Oil, SCA Paper, Fuji, Schiphol Airport, and others. Focusing on paradigm improvements through the "Best Practice" approach has helped clients attain world-class status in the field of site operations with specific attention to safety, health and environment.

AIM Inc. authored and implemented training programs for do-it-right the first time processes to increase productivity and profits, decrease injuries, reduce illness rates, and reduce unacceptable emissions to the environment. Employees from the Shop Floor to the Board Room are taught total involvement for mutual success. The Aim Training, Tools and Process Controls are in use in North America, South America, Europe (18 countries) and will be introduced in Africa and the Far East in the new millennium.

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Philip M. Johnson -Vice President, International Operation. Mr. Johnson joined the Company in September, 2000 as the Company's Vice-President responsible for International Operations. Philip joined Ocean Power from Innogy, and prior to that, National Power. Immediately prior to Ocean Power, from 1997, Mr. Johnson was Managing Director of Innogy, where he was responsible for the development of the Regenesys(TM) regenerative fuel cell system. From the period 1989 to 1997, while at National Power, Mr. Johnson created four successful businesses, two based on service provision and two based on unique intellectual property. He has global experience in power project development and technology development including product and brand management, process, licensing and joint ventures. Philip personally led some of National Power's major change programs and was National Power's first Business Development Manager. He has extensive experience in the energy sector, covering business development and policy, corporate strategy, economics, finance, regulation, institutional development, power production, transmission, distribution and sales.

A Coopers & Lybrand-trained management consultant, Philip has carried out a wide variety of UK and overseas assignments in Energy and Water. His earlier career involved periods with The North of Scotland Hydro-Electric Board, British Electricity International and the Central Electricity Generating Board.

Mr. Johnson, a citizen of the U.K., received an M.B.A. (Distinction) from Glasgow University and a B.S.C. with Honors from Aston University. He is a Chartered Engineer, and a member of the Institution of Electrical Engineers, the Institution of Mechanical Engineers, and the Institute of Energy.

SIGNIFICANT EMPLOYEES:

Robert Zhao, Ph.D., Director Of Fuel Cell Technology

Dr. Robert Zhao has 17 years of research and development experience in the field of electrochemical energy generation and storage, ranging from primary and secondary batteries to fuel cells. He holds a Ph.D. in Electrochemistry from Case Western Reserve University, Cleveland, Ohio. As the director of the Company's fuel cell technology, he oversees the development of fuel cell components and low temperature fuel processors.

Before he joined the Company, Dr. Zhao was the program manager of high power PEM fuel cells and a member of the company's strategic planning committee at H Power Corporation. He was with H Power for two months before accepting his present position with the Company in May 1997. His responsibilities at both companies are in the area of electrochemical development. Specifically he has worked on advanced fuel cell electrodes, stacks, and systems. Currently he is working on advanced alkaline fuel cell technology as well as low-temperature hydrogen generators.

While Dr. Zhao was working on Defense Advance Research Projects Agency (DARPA) projects at CCES (Case Center for Electrochemical Sciences), he accumulated five years of experience on the electrochemical properties of small organic molecular fuels. He has designed and expanded a variety of technology tools to enhance the development of direct organic fuel cell technologies, such as direct methanol fuel cells (DMFC). Dr. Zhao's experience also includes the development of maintenance-free lead-acid and lithium batteries.

Randall L. Peeters, PhD, Chief Scientist

Dr. Peeters joined the Company in December, 2000 as Chief Scientist. In his capacity as Chief Scientist he directs the development of platelet hot end devices for Stirling engines. This project is multidisciplinary in nature, international in scope, and has the potential to revolutionize Stirling engine applications. Randy received his Ph.D. and MS degrees from the University of Washington in Aeronautics and Astronautics and his BS degree in Aerospace Engineering from the California State Polytechnic University.

Before joining Ocean Power, Randy was the Chief Scientist for GenCorp Aerojet. His primary responsibility was to ensure that Aerojet remained technically viable in a constantly changing, demanding and competitive marketplace. Dr. Peeters had previously served as Manager of Aging and Surveillance, Manager of Advanced Technology, Director of Chemical Research and Development, Director of Chemical and Material Operations, Director of Research and Development, Director of Advanced Development Engineering, and Vice President of Engineering since joining Aerojet in l982. These organizations varied in size from 10 to 1050 employees and included numerous projects covering a broad spectrum of interdisciplinary activities including liquid rocket engines, solid rocket motors, satellites, armaments, weapon systems, environmental remediation, resource recovery, chemical synthesis, and pharmaceuticals.

He has extensive management training, including courses at Aerojet, Eastman Kodak and Xerox Corporations, UC Davis, and Cal Tech. He has also recently pursued graduate and undergraduate course work at UC Davis resulting in two certificate programs in the environmental area. He has over 35 technical publications and presentations, has chaired seven technical sessions at national

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meetings and has served on six professional society committees. Currently he is an Associate Fellow of the American Institute of Aeronautics and Astronautics, a member of Tau Beta Pi, on the board of directors for the California Engineering Foundation and the Software Productivity Consortium, and serves on the Advisory Boards for the Highly Filled Materials Institute at the Stevens Institute of Technology, the California State Polytechnic University, and the University of Washington.

B. Section 16(a) Beneficial Ownership Reporting Compliance

The Company has been informed by J. Michael Hopper, Secretary/Treasurer of the Company during the fiscal year 2000, that his Form 5 due on February 15, 2001 reporting a grant of options by the Company during 2000 was filed with the Commission on March 29, 2001.

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