OPL Poet Technologies, Inc.

OPEL Technologies Inc. (TSX VENTURE:OPL)(OTCQX:OPELF) ("OPEL") announces that
the Board of Directors has amended the Company's Stock Option Plan (the "Plan")
to increase the number of shares reserved for issuance (the "Reserved Number")
under the Plan from 18,472,000 to 26,475,000. The Reserved Number of 26,475,000
represents 20% of the issued and outstanding common shares of the Company. The
current Plan was approved by shareholder on June 21, 2011. This amendment to the
Plan is subject to the approval of the TSX Venture Exchange ("TSXV") and will be
submitted for shareholders approval at the upcoming AGM in June.


There are currently 17,399,000 options outstanding under the Plan and 461,000
options (the "Available Reserve") available for future grants. With the increase
in the Reserved Number, the Company will have 8,003,000 available options for
future grants under the amended Plan.


About OPEL Technologies Inc. and ODIS Inc.

With head office in Toronto, Ontario, Canada, and operations in Storrs, CT, 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; and through OPEL Solar, Inc.,
provided systems for energy applications. The Company has 34 patents issued and
6 patents pending, primarily 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
please visit our websites at www.opeltechinc.com and for ODIS at
www.odisinc.com. 


ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary 

FOR FURTHER INFORMATION PLEASE CONTACT: 
OPEL Technologies Inc.
Patricia Venneri Agudow
Vice President, Public Relations
+1 (203) 612-2366 Ext. 2612
p.agudow@opelinc.com
www.opeltechinc.com

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