By: Matt Rego
Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) is a development-stage energy storage company. The company specializes in battery modules and prismatic cells for lithium ion-based batteries for a wide variety of uses.
Over the past three months, the lithium ion energy storage company saw average daily volume come in at 66,263 shares. However, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) has seen nearly 237,100 shares or dollar volume of around $85,118 already exchange hands early during the trading session Monday, August 01, 2016.
The latest news that is driving the lithium energy storage company higher came from a press release that was released today and details of the company’s plan to launch a new product line. The company announced they have completed a second generation of its lithium-ion energy storage devices and are expected to be ready for commercial distribution by fourth quarter 2016. Here is a press release detailing of Oakridge Global Energy Solutions, Inc. (OTCQB: OGES)’s new product:
Oakridge Global Energy Solutions Press Release
PALM BAY, FL–(Marketwired – Aug 1, 2016) – Oakridge Global Energy Solutions, Inc. ( OTCQB : OGES ), a leading US-based manufacturer of lithium-ion smart energy cells for military, civilian and medical applications, is excited to announce that after extensive design work internally during Q2, 2016, the company has completed all design work on its new, ground-breaking “Generation 2” series of lithium-ion smart energy cell products and is now readying them for commercial production during Q4, 2016.
The new “Generation 2” product series includes the following new lithium-ion smart energy cell products: the “ProSeries 2” Golf Car energy cells (for all the three major golf car manufacturers, Yamaha, Club Car and Ez-Go, as well as a “Universal” model which fits all golf car designs), the Freedom IV Lite and Ultra-Lite portable energy packs, the Freedom V Living Space Energy Storage unit and the “UMed” portable universal medical device power pack for medical applications including CPAP units.
Other new lithium-ion smart energy cell products and product revisions are also in development and will be released during Q3, 2016.
All these “Generation 2” Oakridge lithium-ion smart energy cells utilize the latest in lithium ion energy cell technology, and provide Oakridge products with a significant performance edge over the competition by exploiting the maximum benefits of Oakridge’s important Japanese strategic relationships which the company has put in place since the beginning of 2016.
In addition, all these “Generation 2” products incorporate the “cool design” elements of “Oakridge Design DNA” for not only product cases but also packaging, which the company has developed since undertaking the complete product line revamp in Q2, 2016, under the leadership of its CEO, Steve Barber, to give all its products a uniquely identifying design stamp which enhances the entire customer experience.
Steve Barber notes: “We are extremely excited about our new Generation 2 product lineup of lithium-ion smart energy cells because they incorporate leading-edge technology leveraging our important Japanese strategic relationships to ensure that the products have the best-in-class technology and performance, coupled with our new “cool design” Oakridge “Design DNA” industrial design ethos, meaning that our new range of products are not only “best in class” but are also immediately recognizable as Oakridge products from an industrial design perspective — these new products definitely have the ‘wow factor’!”
About Oakridge Global Energy Solutions, Inc.
Oakridge Global Energy Solutions Inc. leads in the innovation, development, manufacturing and marketing of disruptive energy storage technology for military, civilian and medical uses. The company’s research & development, and its powerful strategic alliances with leading Japanese industry players has led to the development of some of the world’s most innovative Lithium-ion “smart energy cells”, all with smart-phone connectivity to monitor status, and representing some of the longest-lasting rechargeable power sources currently available, with a life up to 3 times greater and a 30 percent longer cycle between charges than Chinese-manufactured counterparts. Located in Palm Bay, Florida, the Company is poised to become a dominant player in the lithium-ion energy storage space with its unique “smart energy cells” and is dedicated to bringing manufacturing back to the United States. For more information visit: www.oakridgeglobalenergy.com.