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Oakridge Announces Addition of Three Independent Board Members

Melbourne, FL, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Oakridge Global Energy Solutions, Inc.
OGES

Oakridge Global Energy Solutions:
A New Era In Battery Manufacturing

Oakridge Announces Addition of Three Independent Board Members

FOR IMMEDIATE RELEASE

http://www.globenewswire.com/NewsRoom/AttachmentNg/fc91180f-8bd4-4d34-8489-dcf036564c28

Oakridge Global Energy Solutions, Inc. (OGES) is pleased to announce the upcoming addition of three new, independent board members as part of its forthcoming move from the OTC QB to the main board of NASDAQ, and as is required in accordance with the NASDAQ listing rules. These three board members, Theo Lianos, Vic Psaltis, and John Dinkel each bring vast experience in their respective industries including financial, risk management and the vehicle/transportation sectors. With Oakridge’s current rapid growth in size and new product development, the skill sets added to the company by these three new independent directors is important.

The Company is honored to have these three outstanding professionals agreeing to serve on the Board of Directors and participate in its strategic and carefully planned growth.

“To be able to have these three top-level individuals on our board is an absolute win for Oakridge,” said OGES Executive Chairman and CEO, Steve Barber. “John Dinkel was editor of Road & Track Magazine and has a tremendous level of experience and contacts to the Company in the motor vehicle and transportation sectors. Vic Psaltis brings more than 35 years experience in foreign exchange, money markets, and the major scale utility markets and is a recognized expert at risk management. Theo is a leading business optimizer, corporate restructurer, strategic problem solver, and was a partner for many years at BDO Chartered Accountants. By adding these three dynamic individuals to our board of directors, we have significantly strengthened the corporate structure of our company and our depth of reach into our target markets.”

John Dinkel

John Dinkel earned BS and MS degrees in mechanical engineering from the University of Michigan and is an automotive industry expert with over 40 years experience. His areas of expertise include engineering, journalism, testing and analysis, product development, product planning, advertising, marketing, website development and content, internet automotive retailing and public relations.

John was a competitive race driver for the Bakeracing Corvette team (two SCCA Championships), worked directly with Goodyear in the development of the Gatorback tire for showroom stock racing and developed the first computerized road testing equipment in the automotive industry. Dinkel was Editor of Road & Track, one of the most popular consumer automobile magazines in America, developed some of the earliest Internet-based automotive material and helped create an automotive website. Dinkel is author of the Road & Track Illustrated Automotive Dictionary and has written three books on Mazda and a comprehensive history of Toyota. He is a member of SAE, SCCA, Road Racing Drivers Club and the Motor Press Guild, serving as this organization’s president in 1991. Dinkel is also a regular contributor to several AAA publications and a variety of automotive magazines and websites.

Vic Psaltis

Vic Psaltis earned a Bachelor of Arts (majors in Accounting, Economics and Political Studies) from Macquarie University in Australia. Vic has extensive experience in a range of market environments, including foreign exchange, money markets, futures and the utility sector, including in power marketing and associated risk management. Between 1980 to 1996 he held the positions of Senior or Chief Corporate Dealer in financial institutions such as Barclays, Bank of New Zealand and Societe Generale. From 1996, Vic joined KMPG Consulting as a Director in the Banking and Finance practice. In 2000 Vic, with Theo Lianos, formed Venture Exchange Pty Limited, through with Vic has authored 31 Business Continuity Plans covering 6 Business Units across 22 locations.

Theo Lianos

Theo Lianos is one of Australia’s leading corporate restructurers, and is a strategic and hands-on problem solver with over 30 years’ experience internationally in corporate finance, operational reviews, corporate restructuring, profit improvement programs, and computer systems implementations.

He has been a principal of Venture Exchange for 13 years and was formerly a Liquidator, a Trustee in Bankruptcy and a partner with BDO Chartered Accountants in its Insolvency Division.

Theo holds a Bachelor of Business (NSW Institute of Technology) and an MBA (University of Technology, Sydney, Australia), and is a Chartered Accountant.

“Having John, Vic and Theo join the Oakridge board represents the final step in the completion of our 18 month restructuring of Oakridge,” says Steve Barber. “We will utilize the considerable depth of skills and knowledge, not to mention their incredible contact bases, of these new board members to help us to continue to develop Oakridge into the major player in the global world of battery manufacturing and product development that we have positioned it to become. They are an excellent addition to our team and we are again very pleased to welcome them to the board, and I know they are all looking forward to playing an active role in helping us build Oakridge!”

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 over USD $ 400,000,000, 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
Info@oakg.net
3520 Dixie Highway, NE
Palm Bay, Florida 32905 USA
Phone (321) 610-7959

Investor Inquiries:

Benchmark Advisory Partners LLC
Timothy Connor
Toll Free: (866) 703-4778
admin@bmarkadvisory.com

And:

Dutch DeWaard
Business Development
DreamTeamNetwork (DTN)
Austin, TX
www.DreamTeamNetwork.com
512.758.8877 Office
480.734.5834 Mobile
Dutch@DTN.fm

Source:Oakridge Global Energy Solutions