Earlier today, Oakridge Global Energy Solutions, Inc.
(OTCQB: OGES) announced a new strategic business alliance agreement with Sojitz
Machinery Corporation, a leading Japanese trading house based in Tokyo. Through
this agreement, Sojitz will leverage its expansive worldwide network –
comprised of roughly 400 group companies and operations across 50 countries –
in order to provide equipment, materials and financing in support of Oakridge’s
future growth in the lithium ion battery market. Sojitz Group has a high
profile global presence in a wide variety of business sectors, offering
considerable synergy with Oakridge’s strategic growth objectives.
“We at Oakridge regard our relationship with Sojitz as
highly important because of the high profile global presence that Sojitz has in
all the many business divisions… its vast experience in the worldwide equipment
and materials supply markets, and its immense network of relationships within
the global lithium battery sector, not to mention its high reputation for
integrity globally in all its dealings,” Steve Barber, executive chairman and
chief executive officer of Oakridge, stated in this morning’s news release.
The Sojitz Group creates global value by generating earnings
through its corporate business activities and through strong, long-term
relationships with strategic business partners. Through wholly-owned subsidiary
Sojitz Machinery Corporation, the Sojitz Group specializes in the design and
sourcing of industrial plant machinery, giving it the means to supply all
relevant production raw materials needed for the expansion of the Oakridge
business strategy in the lithium ion battery sector. With this agreement,
Sojitz will also join Oakridge’s Japanese business advisory team moving
forward.
“At Oakridge, we strive to align ourselves with the leaders
in industry from suppliers to customers to business partners,” continued
Barber. “Our relationship with Sojitz Machinery Corporation is further
testament to this philosophy as Sojitz Group is a leading global organization
of the highest standards, and with an experienced, dynamic and well-connected
team.”
In recent weeks, Oakridge has made tremendous progress
toward expanding its presence in the stored energy industry with its high
quality ‘Made in the USA’ lithium ion batteries. Earlier this month, the
company announced a successful presentation of its Pro-Series golf car battery
system at the Orlando PGA Merchandise Show, one of the biggest annual golf
industry conventions in the world, and introduced its Liberty Series motorcycle
batteries at the 75th anniversary of the iconic Daytona Beach Bikefest.
Oakridge has also announced plans to launch its innovative thin film solid
state battery product line in 2017 and is currently engaged in product
development for several other markets, including electric vehicles.
For more information, visit www.oakridgeglobalenergy.com
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