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Oakridge Announces Production Release of Patriot Series Product Line

MELBOURNE, Fla., Oct. 06, 2015 (GLOBE NEWSWIRE) -- Oakridge Global Energy Solutions, Inc. (OGES) is excited to announce the production launch of its Patriot Series line of battery systems for radio controlled vehicles such as drones, multi-copters, aerial vehicles, water based vehicles and land based vehicles that require long lasting levels of power. These specially formulated high-energy lithium ion battery systems contain our special chemistry formulation that allows the user to operate their vehicle much longer than using conventional batteries.

A photo accompanying this release is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8ca6d362-8957-4929-85eb-8778a29bb3ad

“As with our recent announcements of Freedom IV and ProSeries product lines, we are continuing to closely follow our company roadmap that we developed 18 months ago, and we have now completed our testing on the Patriot Series product line and are ready to roll it out to the market,” said OGES Executive Chairman and CEO, Steve Barber. “This product line is geared toward those applications such as Drones and R/C vehicles that require a long lasting power source, without the puffing and swelling, and poor lifecycles seen in many foreign manufactured batteries in this market segment. This is a very exciting product line and we are really pleased with the way that it underscores our mission statement of on-shoring jobs and manufacturing back to the USA by providing the market with another Made in the USA product instead of having to rely on imported products. And not only is the Patriot Series range of R/C batteries a tremendous set of much needed products that are being incredibly well received by the R/C market, it is also a really fun, rapidly growing market segment that can be enjoyed by all the family, and we are delighted to be playing a key role in improving everyone’s ability to enjoy their participation in it.”

The Oakridge Patriot Series product line is being released in 2500mAh, 5000mAh and 10000mAh versions, with plans to release additional models in spring of 2016. These batteries have been tested for more than 600 charge / discharge cycles, which equates to more than 1 ½ years of cycling every day.

“We have developed these products by using advanced technology and materials and incorporating them into a really powerful, high quality product,” says Al Petschow, Oakridge Director of Operations. “We are producing these batteries here in Brevard County, Florida using skilled labor from the area, once more demonstrating our commitment to bring manufacturing jobs back to Florida’s Space Coast.”

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 $ 250,000,000, whose primary business is the development, manufacturing and marketing of energy storage products. Additional information can be accessed on the company's website www.oakg.net.

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.oakg.net 3520 Dixie Highway, NE Palm Bay, 32905, Florida, USA Ph: (321) 610-7959

Source:Oakridge Global Energy Solutions