U.S. Geothermal Inc.
NYSE MKT : HTM

U.S. Geothermal Inc.

May 24, 2016 08:00 ET

U.S. Geothermal Inc. to Present at Upcoming Marcum and Cowen Conferences

BOISE, IDAHO--(Marketwired - May 24, 2016) - U.S. Geothermal Inc. (NYSE MKT:HTM) a leading renewable energy company focused on the development, production, and sale of electricity from geothermal energy, will be presenting at the following upcoming conferences:

The company is pleased to announce that Kerry Hawkley, Chief Financial Officer, will be a featured presenter at the Marcum Microcap Conference on Thursday June 2, 2016 at 10:00 am ET in New York City at the Grand Hyatt Hotel. The annual 2 day Marcum MicroCap Conference is a showcase for public companies with less than $500 million in market capitalization. Additional information about the conference can be obtained at www.marcumllp.com. A webcast of the presentation will be available for replay for up to 90 days using the following link http://wsw.com/webcast/marcum4/htm or on the home page of our corporate website www.usgeothermal.com.

Additionally, Mr. Hawkley will be participating in a presentation panel made up of leading renewable power producers, as well as attending one on one meetings with Institutional Investors at Cowen's 44th Annual Technology, Media & Telecom Conference on Wednesday June 1, 2016 at 8:00am ET in New York City at the Lotte New York Palace Hotel. Additional information about the conference can be obtained at www.cowen.com.

About U.S. Geothermal Inc.:

U.S. Geothermal Inc. is a leading and profitable renewable energy company focused on the development, production and sale of electricity from geothermal energy. The company is currently operating geothermal power projects at Neal Hot Springs, Oregon, San Emidio, Nevada and Raft River, Idaho for a total power generation of approximately 45 MWs. The company is also developing an additional estimated 90 MW's of projects at: the Geysers, California; a second phase project at San Emidio, Nevada; at Crescent Valley, Nevada; and the El Ceibillo project located near Guatemala City, Guatemala. US Geothermal's growth strategy is to reach 200 MWs of generation by 2020 through a combination of internal development and strategic acquisitions.

About Marcum MicroCap Conference:

The Marcum MicroCap Conference is dedicated to providing a forum where publicly traded companies under $500 million in market capitalization can network with the investment community. The conference features presentations by CEOs and CFOs from six principal industry sectors and provides investors with the opportunity to meet with management of these companies on a one-on-one basis. The Marcum MicroCap Conference attracts fund managers and high net worth investors focusing on small cap equities. Over 2,000 participants from all segments of the microcap market attend each year, including senior management, finance and legal executives, venture and lower middle-market private equity investors, institutional investors, directors, investment bankers, buy- and sell-side analysts, and service providers to the microcap marketplace.

About Cowen Group:

Cowen Group, Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative investment management, investment banking, research, and sales and trading services through its two business segments: Ramius LLC and its affiliate's makes up the Company's alternative investment management segment, while Cowen and Company, LLC is its broker-dealer segment.

Please visit our Website at: http://www.usgeothermal.com

The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. Readers are cautioned to review the risk factors identified by the company in its filings with US and Canadian securities agencies. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of U.S. Geothermal, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. These forward-looking statements may include statements regarding perceived merit of properties; interpretation of the results of well tests; project development; resource megawatt capacity; capital expenditures; timelines; strategic plans; or other statements that are not statements of fact. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from U.S. Geothermal's expectations include the uncertainties involving the availability of financing in the debt and capital markets; uncertainties involved in the interpretation of results of well tests; the need for cooperation of government agencies in the development and operation of properties; the need to obtain permits and governmental approvals; risks of construction; unexpected cost increases, which could include significant increases in estimated capital and operating costs; and other risks and uncertainties disclosed in U.S. Geothermal's Annual Report on Form 10-K for the year ended December 31, 2015 filed with the United States Securities and Exchange Commission and Canadian securities regulatory authorities and in other U.S. Geothermal reports and documents filed with applicable securities regulatory authorities from time to time. Forward-looking statements are based on management's expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management's expectations, beliefs, or opinions, or other factors, should change.

The NYSE MKT does not accept responsibility for the adequacy of this release.

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