Monday, February 22, 2016

Oakridge Global Energy Solutions, Inc. (OGES) Powers Successful Field Trials of MARTAC’s High Speed Maritime Vessels

Earlier today, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) announced the promising results from Maritime Tactical Systems, Inc.’s (MARTAC) recently conducted field trials of its Man-Portable Tactical Autonomous Systems (MANTAS). According to the release, the trials, which were held on January 25-28 in the Indian River in Palm Bay, Florida, were a major success, utilizing several different sizes of MARTAC’s versatile high speed maritime vessels and leaving all participants exceptionally pleased. This result is particularly favorable for Oakridge, as the company designed and produced custom batteries to fit the specific requirements of the MANTAS platforms as they are implemented in a wide variety of critical applications – including naval fleet protection, mine warfare, port and harbor security protocol, anti-piracy, and search and rescue.

“The custom battery design for MARTAC was quite challenging while at the same time exciting for our team,” Steve Barber, executive chairman and chief executive officer of Oakridge, stated in the news release. “We are pleased to have been a part of this huge success for the MARTAC team and look forward to working with them as we both move forward.”

Oakridge previously announced its supplier agreement with MARTAC in early January, just two days after entering into the full-scale production phase of its corporate restructuring efforts. After reviewing the applications and specifications of MARTAC’s innovative vehicle, the company’s engineering team immediately started development efforts for a customized stored energy solution that strengthened the marketability and performance of the MANTAS platforms.

“We were ecstatic with the custom Oakridge Energy Units designed for and utilized on the MANTAS platforms,” Bruce Hanson, president and chief executive officer of MARTAC, added. “Oakridge stepped up to the plate and knocked it out of the park. They have greatly expanded the effective range of the MANTAS while at the same time providing us a much safer vessel that can be utilized in many environments where present energy technology is not allowed due to safety concerns.”

Following this demonstration of the quality and effectiveness of Oakridge’s lithium ion technologies, the company is in a favorable position to achieve the rapid growth forecast by its management team earlier this year. By exceeding the expectations of clients in key niche market segments, Oakridge aims to quickly realize its goal of ushering in “a new era in battery manufacturing” by offering a high quality, domestically-manufactured alternative to inferior lithium ion chemistries and stored energy solutions produced throughout Asia.

For more information, visit www.oakridgeglobalenergy.com

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