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I, [Yehudit Bronicki / Joseph Tenne], certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the quarterly report of Ormat Technologies, Inc. on Form 10-Q for the three months ended March 31, 2008 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such quarterly report on Form 10-Q fairly presents in all material respects the financial condition and results of operations of Ormat Technologies, Inc. as of and for the periods presented in such quarterly report on Form 10-Q. This written statement is being furnished to the Securities and Exchange Commission as an exhibit accompanying such quarterly report and shall not be deemed filed pursuant to the Securities Exchange Act of 1934. 28. The statements contained in ¶¶ 25 – 27 were materially false and misleading when made because defendants failed to disclose or indicate the following: (1) that the Company had improperly accounted for certain exploration and development costs associated with projects that it had determined were not economically feasible; (2) that the Company's financial statements were not prepared in accordance with GAAP; (3) that the Company lacked adequate internal and financial controls; and (4) that, as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times. 29. On or about May 9, 2008, defendants conducted a public stock offering (the "Offering"), and issued 3.1 million shares of common stock to investors at a price of $49.44 per share, for gross proceeds of over $153 million. In connection with the Offering, the Company filed a Registration Statement, Prospectus and Prospectus Supplement (collectively, the "Offering Materials"). The Offering Materials stated, in relevant part: The Securities and Exchange Commission allows us to incorporate by reference into this document the information we file with them, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is an important part of this document, and information that we file later with the Securities and Exchange Commission will automatically update and supersede this information. We incorporate by reference into this document the documents listed below and any future filings made by us with the Securities and Exchange Commission under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, until we sell all of the securities that we have registered under the Registration Statement of which this document forms a part: 9PDF Image | ORMAT TECHNOLOGIES Lawsuit
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