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2015-10-12

Oakridge Global Energy Solutions: Florida Governor Celebrates Oakridge's Expansion Plans to Create 1,000 New Jobs, Awards the Company With the "Governor's Busi

Oakridge Global Energy Solutions Recognized for Ushering in New Era in Battery
Manufacturing, Creating Local Jobs

PALM BAY, Fla., Oct. 12, 2015 (GLOBE NEWSWIRE) -- Oakridge Global Energy
Solutions, Inc. (OTCQB:OGES) recently received impressive accolades from a
major press conference in which Florida Governor Rick Scott, joined by
several local dignitaries and business entrepreneurs, met with members of the
Oakridge staff and executive team to celebrate the Company's upcoming
expansion plans and their impact on the local community.

A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/f629f11f-6164-495f-ae...

The event took place on October 6 when Governor Scott, along with Space Coast
Economic Development Commission CEO Lynda Weatherman, City of Palm Bay Mayor
William Capote, and several other distinguished guests, visited Oakridge's
new corporate headquarters and manufacturing center in Palm Bay to recognize
the Company's expansion and subsequent creation of 1,000 new jobs in the
community. This expansion is part of Oakridge's existing and ongoing $270
million investment in its Brevard County lithium ion battery development and
manufacturing facilities.

After his tour of Oakridge's sprawling new 68,718-square-foot facility - a
necessary upgrade from the Company's previous 12,500-square-foot facility -
Governor Scott addressed the throng of major media outlets from Central
Florida, stating, "Oakridge Global Energy Solutions could have moved their
headquarters anywhere in the world and I am proud to announce that they chose
to remain in Florida and create 1,000 new jobs. Growing businesses like
Oakridge.create opportunities for Floridians to provide for their families
and build great careers, and that is why we will work with the Legislature to
fully fund Enterprise Florida so more businesses have the opportunity to grow
in Florida."

The Governor personally greeted each Oakridge employee during his visit, and
bestowed the prestigious "Governor's Business Ambassador" Medal to Oakridge
Executive Chairman and CEO, Steve Barber.

"I am excited to receive such a distinction from Governor Scott and his strong
backing for what we are doing at Oakridge on the Space Coast. In Governor
Scott, the State of Florida has a great leader committed to job creation, and
I know that we have made the right decision to continue our growth strategy
for Oakridge by staying in Florida, especially on the Space Coast and in Palm
Bay. Few things matter more to families than well-paying jobs," he stated
afterward. "This celebration today is really about 1,000 Florida families who
are now going to have good jobs in the future for the long term at Oakridge.
The "Governor's Business Ambassador" Medal will hang proudly in my office as
we create those jobs".

"We really appreciate the support of Governor Scott, Enterprise Florida, the
EDC of Florida's Space Coast, and our local partners at the City of Palm Bay,
especially Major Capote, as we begin this great expansion. Oakridge is proud
to be a Florida business that offers high quality, "Made in America" products
to customers across the world."

Local leaders also reminded the standing crowd that October is "Manufacturing
Month." Florida currently has approximately 321,000 manufacturing employees
in various industries. Bill Johnson, president and CEO of Enterprise
Florida, said, "Oakridge Global Energy Solutions' expansion and creation of
1,000 new jobs is exciting news for our state. As we continue to diversify
our economy and market, Florida is the best state for business. Projects like
Oakridge are great examples of what we can accomplish as a state."

Oakridge's planned jobs growth and corporate expansion will start immediately
and continue to roll-out throughout the course of approximately three years.

About Oakridge Global Energy Solutions, Inc.

Oakridge Global Energy Solutions Inc. is a publicly traded company, trading
under the symbol OGES on the OTCQB with a market capitalization of
approximately USD $300,000,000. Oakridge's strategy is to simultaneously
deliver innovation and build an industrial scale platform that includes
multiple lithium ion technologies and form factors that are optimized to
address four target markets:

* The Freedom Series for stationary and grid storage, telecom backup and
living space power for RVs, trucks and boats;
* The Pro Series for motive applications including fleet vehicles, Local Area
Electric Vehicles and Hybrid Electric Vehicles, especially golf cars;
* The Patriot Series for specialty applications including Remote Control
Civilian and Military Aerial, Land and Underwater vehicles, including the
hobby market;
* The Liberty Series for starter motor batteries for motorcycles, jet skis,
ski mobiles and boats.

Oakridge's technology team is strongly engineering driven, with core
capabilities in materials, product design, process control, manufacturing
technology, quality and safety. The management team is comprised of
individuals with long-term experience in both innovative startup companies
and large industrial entities with worldwide operations in Chemical and
Energy related sectors. Oakridge maintains its headquarters in the USA where
it also has established product development and low volume manufacturing
infrastructure. The company plans to expand in the US, EU, and Asia.

Additional information can be accessed on the company's website at
www.oakg.net.

Forward-Looking Statement 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 statement 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 unknowns 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:

The Company:

Oakridge Global Energy Solutions, Inc.
www.oakg.net
Info@oakg.net
3520 Dixie Highway, NE
Palm Bay, Florida 32905 USA
Phone (321) 610-7959

Investors:

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

And:

DreamTeamNetwork
Austin, Texas
www.DreamTeamNetwork.com
512.758.8877 Office
Editor@DreamTeamNetwork.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Oakridge Global Energy Solutions via Globenewswire

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