Yoram Bronicki Appointed President of Ormat Technologies

Reno, NV, based Ormat Technologies, Inc. (NYSE: ORA), announced that its Board of Directors has appointed Yoram Bronicki, currently the Company's Chief Operating Officer, to the position of President, effective immediately. Mr. Bronicki will continue to serve as the Company's Chief Operating Officer in addition to his duties as President. Ms. Dita Bronicki, who is stepping down from the position of President, will continue to serve as the Company's Chief Executive Officer. Mr. L.Y. Bronicki continues as Chairman of the Board. 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 power plants using Organic Rankine Cycle (ORC) technology. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services.