OPL Poet Technologies, Inc.

OPEL Technologies Inc. (TSX VENTURE:OPL) ("OPEL" or "the Company"), a leading
global supplier of high concentration photovoltaic ("HCPV") solar panels and
solar tracker systems and a semiconductor device and process developer,
announces it has secured a line of credit for $5 million from Silicon Valley
Bank ("SVB") in Massachusetts. "We are pleased to add this line of credit to our
financial options," said Michael McCoy, Chief Financial Officer of OPEL
Technologies. "The credit line will be utilized to fund U.S. and qualified
foreign receivables of the Company." 


Leon M. Pierhal, CEO of OPEL Technologies, added, "with OPEL's accelerating and
ever-increasing sales pipeline, we are fortunate to have this capability
available as needed to assist us with operating capital." Pierhal added,
"Silicon Valley Bank is a long established cornerstone institution within the
high tech industry which over the years has demonstrated its capability of
recognizing firms with growth potential." 


"Opel's products are facilitating market adoption of solar energy solutions,"
said Dave Rodriguez, Senior Relationship Manager for Silicon Valley Bank's
Cleantech Practice. "SVB works with hundreds of innovative companies across
North America and we look forward to supporting Opel's global sales expansion." 


OPEL will continue to provide updates as new information becomes available,
pursuant to full disclosure requirements. 


About Silicon Valley Bank 

Silicon Valley Bank is the premier bank for technology, life science, cleantech,
venture capital, private equity and premium wine businesses. SVB provides
industry knowledge and connections, financing, treasury management, corporate
investment and international banking services to its clients worldwide through
26 U.S. offices and seven international operations. (NASDAQ:SIVB) www.svb.com. 


Silicon Valley Bank is the California bank subsidiary and the commercial banking
operation of SVB Financial Group. Banking services are provided by Silicon
Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Private
Bank is a division of Silicon Valley Bank. SVB Financial Group is also a member
of the Federal Reserve System.


About OPEL Technologies Inc., OPEL Solar Inc. and ODIS Inc. 

With operations in Shelton, CT and head office in Toronto, Ontario, Canada, the
Company, through OPEL, Inc., designs, manufactures and markets
high-concentration photovoltaic panels and dual- and single-axis trackers for
related CPV and PV systems for energy applications worldwide. The Company,
through ODIS Inc., a U.S. company, designs III-V semiconductor devices for
military, industrial and commercial applications, including infrared sensor
arrays and ultra-low-power random access memory. The Company has 35 patents
issued and 12 patents pending in PV systems technologies and for its
semiconductor POET process, which enables the monolithic fabrication of
integrated circuits containing both electronic and optical elements, with
potential high-speed and power-efficient applications in devices such as
servers, tablet computers and smartphones. OPEL's common shares trade on the TSX
Venture Exchange under the symbol "OPL". For more information about OPEL, please
visit our websites at www.opeltechinc.com; for OPEL Solar at www.opelsolar.com;
and for ODIS at www.odisinc.com. 


ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

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