Palm Bay, Florida, March 01, 2016 (GLOBE NEWSWIRE) -- Oakridge Global Energy Solutions, Inc.
Info@oakg.net
Oakridge Global Energy Solutions:
A New Era In Battery Manufacturing
Orlando PGA Merchandise Show Huge Success For Oakridge
FOR IMMEDIATE RELEASE
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Fully electric golf car in Oakridge display
March 1, 2016 Melbourne, Florida – Oakridge Global Energy Solutions, Inc. (OTCQB: “OGES”) is excited to announce a major success at the Orlando PGA Merchandise Show, one of the biggest annual golf industry conventions in the world.
Directly at the show, Oakridge received more than $250,000 USD of immediate booked orders and follow on commitments of more than $20,575,000 USD. The state-of-the-art, “Made in USA”, Oakridge Pro-Series Lithium Ion Golf Car battery systems are based on a proprietary design of electro-chemistry, safety, and electronics which results in cost effective, high performance lithium power now being available from a US manufacturer for the golfing industry.
By utilizing the Oakridge proprietary battery management system, golf car and local electric vehicle users of the revolutionary Pro-Series battery systems can now utilize their smart device such as phone, tablet, watch, or laptop, to monitor the capacity, range, speed, and health of their battery powered system. This provides the user with the information power to go along with the battery power to more fully enjoy their round of golf or their local area electric vehicles.
Using fully electric golf cars and local area electric vehicles allows less dependence on foreign oil; provides a much more enjoyable and quiet round of golf; and has none of the noise and emissions associated with combustion engines. By utilizing US made lithium batteries, Oakridge directly plays a role in reducing our imports and dependence on Chinese batteries and foreign oil, and instead of outsourcing jobs to offshore, Oakridge is leading the charge to on-shore jobs back to the US. With Oakridge Pro-Series battery systems the user can enjoy a green system with low carbon foot print while helping to put America back to work, all at a competitive price.
“The Pro Series golf and local electric vehicle batteries continue to be an absolute game changer for the golf and local area EV markets,” said Oakridge Executive Chairman and CEO, Steve Barber. “We have spent the past 18 months refining and finalizing this product and are excited to announce that we are beginning production shipments in March. We at Oakridge are continuing our mission to onshore manufacturing back to the US and will continue to introduce new and exciting products. As avid golfers, our team at Oakridge is very excited to be shipping this product into the golfing market and the reception by our customers has been tremendous.”
The Oakridge development team has partnered up with researchers in the US, Germany, and Japan to develop this entire system of cell chemistry, battery management electronics, and overall battery system.
“We are all about game-changing technology and products at Oakridge. Oakridge is THE ‘Made In The USA’ battery company that has the talent and technology to develop and produce these types of products for our customers in designing state-of-the-art high performance customer oriented battery systems. With our Pro Series battery systems, we have now greatly expanded the effective daily range of the golf car and small local electric vehicle, making them a practical reality for immediate application to all aspects of the golfing industry and golfing communities, while at the same time providing a much safer, low maintenance, zero emissions vehicle by virtue of the more robust chemistry and the battery management systems we have designed for this product,” adds Mr. Barber.
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Oakridge Battery Management System User Interface
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About Oakridge Global Energy Solutions, Inc.
Oakridge Global Energy Solutions Inc., is a publicly traded company, trading symbol: OGES on the OTCQB with a market capitalization of approximately USD $ 200,000,000, whose primary business is the development, manufacturing and marketing of energy storage products. Additional information can be accessed on the company's website www.oakridgeglobalenergy.com
Forward-Looking Statements Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Contact:
Oakridge Global Energy Solutions, Inc.
www.oakridgeglobalenergy.com
3520 Dixie Highway
Palm Bay, 32905, Florida, USA
Ph: (321) 610-7959
Email: ir@oakg.net
Investor Inquiries:
Benchmark Advisory Partners LLC
Timothy Connor
Toll Free: (866) 703-4778
admin@bmarkadvisory.com
And:
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Business Development
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And:
Mike King
Princeton Research
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702.650.3000
mike@princetonresearch.com