Tuesday, April 26, 2016

Oakridge Global Energy Solutions, Inc. (OGES) to be Featured in Three-Part Mini-Series on FOX Business

Earlier today, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) announced plans to commence a three-part, 90-minute TV business mini-series that will take a closer look at the evolution of Oakridge from a true R&D company to the only U.S. manufacturer of lithium-ion batteries. The biographical exposé, titled ‘Power Up America’, will feature award-winning television host Ken Evseroff, who viewers may recognize from investment program ‘New To The Street’, touring on location at Oakridge’s newly-completed 70,000-square-foot manufacturing facility in Palm Bay, Florida. The first 30-minute episode is expected to air in early June on FOX Business, with date and times yet to be announced.

“When I first met with Steve Barber on our NYC film set and learned all he was doing, I thought to myself this company has so much going on they need a whole TV show for themselves,” Vince Caruso, president of FMW Media Works Corp., stated in today’s news release. “Then my team visited OGES in Florida with Governor Rick Scott. We shot a lot of footage and interview content, whereas our TV editors expressed the difficulty of cutting out anything — it all makes sense and needs to be shown.”

Over the past year and a half, Oakridge, under the leadership of chief executive officer Steve Barber, has significantly advanced its strategy of becoming a leader in the global lithium-ion battery market. In 2015, the company focused on achieving balance sheet liquidity, paying down all of its $2 million debt. Since then, Oakridge has introduced a wide range of stored energy solutions – including its Pro Series battery systems for golf cars and local area electric vehicles, its Liberty Series motorcycle batteries, and its Patriot Series lithium-ion batteries for professional unmanned aerial vehicle pilots and remote control vehicle enthusiasts, among others. Leaning on the marketability of these products, the company entered the second quarter of 2016 with an existing pipeline of orders totaling $24 million.

Moving forward, Oakridge is well-positioned to build on this strong start as it capitalizes on its unique position as the only U.S. manufacturer of lithium-ion batteries. More than 35 percent of global demand for lithium-ion batteries is attributed to the U.S. market, divided across military, civilian and medical applications. Oakridge leads the way across these applications with a commitment to innovation and commercialization of top quality products. The company estimates that its rechargeable power sources are the longest-lasting on the global market, boasting a battery life up to three times greater than foreign-manufactured counterparts.

For more information, visit www.oakridgeglobalenergy.com


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