SOURCE: Oakridge Global Energy Solutions

Oakridge Global Energy Solutions

May 19, 2016 11:55 ET

Oakridge Announces Top Tier Management Team

PALM BAY, FL--(Marketwired - May 19, 2016) - Oakridge Global Energy Solutions, Inc. (OTCQB: OGES)

As the company moves into its next successful chapter, and as part of the Company's program of continuous improvement as it grows, the Executive Chairman is proud to announce the appointment of important new members of the Company's management team. "Over the past thirty years, I have watched small companies become successful because of solid leadership teams, and as a key part of enabling the Company to achieve its goals and maximize the benefits of our recently announced Strategic Business Alliance with Sojitz Corporation, we have been on the lookout for new highly skilled individuals to join our management team. These important new team members at Oakridge make the Company's management team now one of the best collections of talent I have ever seen, and will really enable us to reach new heights," said Steve Barber. 

In recruiting the professionals who will take the company to the next level, emphasis was placed upon industry expertise. The new team will be led by Phil Meeks, who will assume the role of Chief Operating Officer/President in early June. Mr. Meeks will relocate from New York to bring a host of relevant experience including expertise in manufacturing energy products, and has over 20 years' experience in the battery and energy storage sector, including at Ultralife Inc., and Duracell USA. His battery industry experience is also truly international and spans the US, Japan, South Korea and China.

The depth of the team is unprecedented in nearly 30-year history of the organization (which will celebrate the 30th anniversary of its first incorporation on August 15th this year). 

The new recruits include:

  • Frank Malo, as Director of Battery Design, a chemical engineer with over 20 years' experience in the battery industry, including at SAFT America, Exide Technologies, Electric Fuel Battery Corporation and AER Energy Resources;
  • John Frailey, as Director - Systems Integration, a professional software engineer with over 17 years' experience designing software, with particular expertise in designing battery management systems to optimize battery system design and performance, especially lithium ion battery systems, including those for local area electric vehicles and solar recharge power stations;
  • Patrick Johnson, as Manufacturing Manager with nearly 20 years' manufacturing plant management in the defense industry;
  • David Phillips, as VP Finance and CFO, a CPA with over 20 years' experience as a finance professional and CFO including in the manufacturing (automotive), defense, construction, and golf course and related hospitality sectors;
  • Brendan Melling, as Director of Strategic Product Development & Marketing, with many years of experience in battery sales and marketing, and a crucial understanding of customer requirements in all sectors of the battery industry, and with a vast knowledge of battery designs and their applications, at both consumer and corporate/industrial levels;
  • Spencer Jenkins, as Manager - Materials Procurement & Logistics, an engineer with international experience in the oil industry to head the procurement of materials; and
  • TJ Marsilio, as Director - Legal Compliance & HR, joins the team as a seasoned lawyer with national experience with a government, regulatory and manufacturing background. Her service ranges from products liability defense for a manufacturer to workforce policy development for public-private partnerships. Marsilio most recently established various small business programs in the transportation industry. She will provide a deep level of support for various areas including occupational safety, government-related procurement, insurance, and risk management.

"The enthusiasm within the organization to now rapidly capitalize on the opportunities before us is now palpable because of these highly experienced new team members. This caliber of leadership is exciting and the entire team is ready to go from the factory floor to senior management, and builds on the solid foundation resulting from our recent 8-K announcement on May 12th of the appointment of our new independent Board members, Vic Psaltis, John Dinkel and Theo Lianos (and the forthcoming appointment to the Board of additional independent, Geoff Pollard). We are now very well positioned with these new team members to take full advantage of the growth opportunities for Oakridge presented by the third wave of growth in the global lithium ion battery space, and to present the right battery industry experience-base to the customer base, to our highly important Japanese strategic partners, and to the investment community in preparation for our anticipated uplifting of the Company from the OTCQB to NASDAQ," Barber added.

The new team will be fully in place by early-June. With the new team fully in place, Company plans also call for the new product announcements during Summer, as the result of the expertise brought to the company by these significant staff upgrades.

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 Information