Earlier today, Oakridge Global Energy Solutions, Inc.
(OTCQB: OGES) announced its success in marketing its state-of-the-art, ‘Made in
the USA’ Pro Series lithium ion golf car battery systems at the PGA Merchandise
Show in Orlando, Florida. The company received more than $250,000 of
immediately booked orders at the show, which is one of the largest annual golf
industry conventions on the planet. Oakridge also reported more than $20.5
million of follow on commitments for its proprietary, high performance solution
to the needs of the global golf industry, which has an economic impact of
nearly $70 billion per year, according to a report (http://dtn.fm/An4JX) by
Forbes.
“The Pro Series golf and local electric vehicle batteries
continue to be an absolute game changer for the golf and local area EV
markets,” Steve Barber, executive chairman and chief executive officer of
Oakridge, stated in this morning’s news release. “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.”
The Oakridge Pro Series lithium ion golf car battery system
offers a number of advantages over traditional golf car and local area vehicle
power solutions. In particular, the use of fully electric golf cars and local
area electric vehicles decreases dependence on foreign oil, eliminates the
noise and emissions associated with combustion engines and offers a quieter,
more enjoyable day on the links. Oakridge’s advanced stored energy systems also
allow users to monitor vital information – such as the capacity, range, speed
and health of their battery systems – via their smart devices, increasing peace
of mind and helping players more fully enjoy their round of golf or ride around
the neighborhood.
“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,” Barber added.
In recent weeks, Oakridge has made tremendous progress
toward increasing the size of its foothold in the energy storage industry at
both the domestic and international levels. Just last week, the company
announced a successful demonstration for a major defense contractor of its
custom battery system, which is featured in its client’s Man-Portable Tactical
Autonomous Systems (MANTAS), as well as a new agreement with Minnesota-based
Freedom Trucking to develop and supply battery systems for its fully electric
interstate truck propulsion system. Oakridge also announced the appointment of
a leading international battery consultant firm to its advising team in an
effort to remain at the forefront of the stored energy industry moving forward.
For more information, visit www.oakridgeglobalenergy.com
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