Small Cap News Movers for 11/6/09

Ocean Power Technologies, a subsidiary of Ocean Power Technologies, Inc. (NASDAQ: OPTT) announced that, in partnership with Leighton Contractors Pty Ltd (“Leighton”), it has received a A$66.46 million grant from the Federal Government of Australia to build a 19 MW wave power project off the coast of Victoria, Australia. The award is one of four renewable energy projects approved by the Federal Government after considering over 30 applications, and is the sole wave energy venture. The stock closed at $8.23, up 25.27%, on 2,668,426 traded shares.

ExlService Holdings, Inc. (NASDAQ: EXLS) today announced its financial results for the quarter ended September 30, 2009. Revenues for the quarter ended September 30, 2009 were $48.2 million
compared to $46.6 million for the quarter ended September 30, 2008. Diluted earnings per share to common stockholders for the quarter ended September 30, 2009 were $0.14 compared to $0.01 for the quarter ended September 30, 2008. The stock closed at $16.92, up 22.08%, on 232,738 traded shares.

CEL-SCI Corporation (NYSE AMEX: CVM) announced that an Institutional Review Board of The Johns Hopkins University School of Medicine (Johns Hopkins) has given clearance for the Company's first clinical study to proceed. As a result, Johns Hopkins will host the study, which will be led by Principal Investigator Jonathan M. Zenilman, MD, Professor of Medicine, Johns Hopkins School of Medicine and Chief of Infectious Diseases Division, Johns Hopkins Bayview Medical Center. The stock closed at $1.22, up 19.48%, on 15,699,961 traded shares.

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