Oakridge Global Energy Solutions was recently featured on The Princeton Research Money Info show, which is broadcast live on the internet and on the air in Port St. Lucie, Florida. During the show, investing experts Mike King and Charles Moskowitz interviewed Steve Barber, executive chairman and chief executive officer of Oakridge, about the company’s recent success. As the company behind the only ‘Made in the USA’ lithium-ion battery, Oakridge is in a strong strategic position to capitalize on the global market opportunity presented by the energy storage industry, which is expected to eclipse $70 billion in sales by 2020.

In the interview, Barber outlined the recent restructuring of Oakridge. The company’s reorganization was funded through a $39 million investment by the Precept Fund – an international, five family investment group from Australia, Japan and Switzerland with a long-term view of building and owning profitable businesses. Through this significant investment, Barber and the Oakridge management team have reinvented the company, better positioning it to compete in a market with sustainable demand and favorable markups. However, Oakridge’s mission goes beyond fast growth, as Barber indicated on the show. Instead, the company is being built as a long-term addition to the global energy storage market, which is rapidly evolving in search of dependable, high-quality offerings.

This market evolution is demonstrated by the number of lithium battery manufacturers currently in operation. At one time, Asian markets experienced a boom, and roughly 1,400 lithium battery manufacturers occupied the space. Over time, inferior quality products and unsustainable pricing models have eliminated a substantial portion of these battery producers. Analysts expect the global number of lithium battery manufacturers to fall to about 250 by next year.

Oakridge is combatting current market conditions by creating superior quality batteries that address the specific needs of consumers. While industry giants such as Tesla (NASDAQ: TSLA) and Panasonic (OTC: PSRFY) remain limited to producing standardized batteries in enormous quantities, Barber noted Oakridge’s ability to create specialized products that maximize the company’s market impact and enable strong returns for shareholders.

To listen to the full interview, visit www.princetonresearch.com/radio-shows

For more information, visit www.oakg.net

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Dominovas Energy Corporation yesterday issued game-changing news that underwrites the company’s advancing position as a leading power solutions provider, and catapults its core innovation onto the mainstage of fuel cell technology. The newly announced capital commitment for USD$1.2 billion from Graecrest Energy Solutions will fund the first phase of manufacturing, production and deployment of Dominovas Energy’s highly anticipated, proprietary RUBICON™ SOFC systems.

“This is an unprecedented and historic commitment not only for Dominovas Energy, but it is additionally significant for the fuel cell industry as a whole. This financing commitment is further validation of the company’s business model and an undeniable endorsement of the technical prowess of the RUBICON™ and the ‘game plan’ we have set forth for the commercial deployment of our fuel cell system,” Neal Allen, chairman and CEO of Dominovas Energy, stated in the news release. “With $1.2 billion secured for the phase 1 manufacturing and installation of the RUBICON™, we have put in place the building block that supports our innovation in engineering this next generation technology for the commercial production of clean and sustainable baseload power via the proprietary RUBICON™.”

Allen also explained that the financing demonstrates Dominovas Energy’s potential and relevance in global emerging markets, and notes that 100 percent of phase 1 of the project will be covered with the funding, putting the company on track for its budget in 2016.

According to vice president of Investments and Finance Eric Fresh, with this tranche of funding Dominovas Energy will “have the ability to seamlessly reassess its needs in order to potentially expand capital commitments, a necessity in accommodating subsequent financing phases of RUBICON™ system deployments.”

With extended tenors of 20 to 30 years, the financing structure provides Dominovas Energy a unique opportunity to implement long-term, cost-effective project finance capital through which the company can “effectively and efficiently deliver on schedule its mandate of creating commercially-viable, clean, and sustainable energy solutions to global emerging markets.”

The RUBICON™ is capable of reforming multiple hydrocarbon fuels to a usable syngas composition, converting the chemical energy of a fuel source into electricity using state-of-the-art SOFC stacks. This capability, along with the fact that the RUBICON™ uses a thermal process rather than combustion to outperform conventional power plants, provides Dominovas Energy a vast range of deployment opportunities. In other words, the RUBICON™ can produce more units of power with significantly less green-house-gas pollutants per unit of power produced.

Today’s news is one of several significant corporate milestones achieved by Dominovas Energy this year, as the company tirelessly works to provide reliable, clean, and efficient energy to emerging global markets.

For more information visit www.dominovasenergy.com

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MissionIR today announces the online availability of its interview with OurPet’s Company (OTCQX: OPCO) co-founder and Chief Executive Officer Dr. Steven Tsengas, Chief Financial Officer Scott Mendes, as well as Dean Tsengas, co-founder, Vice President and general manager. The full audio interview is available at http://OPCO.MissionIR.com/interview.html.

OurPet’s develops, produces and markets various innovative pet accessory and consumable products. The company has 160 patents/patents pending, which facilitate its entrance into major national retailers. The OurPet’s interview starts off with a brief history of the company’s official launch 20 years ago.

“OurPet’s represented a dream that we had, to have a proprietary company that would be a virtual company … concentrate on product ideation, innovation, and the marketing and distribution of the products, which we felt would provide the highest level of return on investment, profitability, opportunity for growth … OurPet’s represented an opportunity to combine all the electronic and engineering experiences that we had, along with an understanding of the pathologies related to aging by pets and the problems they experience,” says Dr. Tsengas.

Dr. Tsengas discusses the overall pet industry, which at the time of the company’s founding was greatly lacking in innovation. OurPet’s decided to focus on three key segments of the industry — pet toys, feeding and storage, and waste and odor management — and its success in doing so is in the numbers. When OurPet’s launched its first trend-setting product in 1995, it was met with significant consumer response. In its first year of operations OurPet’s recorded $150,000 in annual sales. By the second year the figure jumped to $500,000 and now sits around $25 million.

“Our goal is to grow double to triple the industry growth, so our expectation this year is to grow at a high-digit number with an income of double-digit growth in terms of net income,” adds Dr. Tsengas.

In conjunction with this goal, CFO Mendes describes the company’s recently announced transition into a social media-driven awareness campaign to better communication with new investors and existing shareholders.

“We had taken a pretty traditional approach to IR … but we had not been seeing the trading activity that we felt the company deserved. So we decided to modernize our IR approach by getting into a more social media campaign … and get the OurPet’s story out,” he says.

The interview then touches on the company’s management team and the type of milestones it takes to become a high-growth corporation.

“One of the major jobs was, again, to develop and have the infrastructure to have seamless growth in the future, rather than a bumpy one … we feel we are at the point to support continuous improvement in revenue growth and profitability. One of the biggest things we had to accomplish was the branding of our company … that phase has been pretty well completed. In terms of product development, we have about 30 products in the mill at any one point in time. A lot of these products have been completed this past year increasingly will be launched in 2016 and beyond,” explains Dr. Tsengas.

On the operational side, OurPet’s has successfully established key partners around the world, which co-founder Dean Tsengas further details.

“It’s pretty diverse, as far as what the company’s offerings are and in order to focus on developing, design, marketing, distribution into the marketplace, what we’ve done is formed strategic partnerships with our key suppliers, both domestic and overseas … we’ve formed very close collaborative relationships with both our customers and our suppliers during the product development stage all the way through finished product and the full launch into the marketplace. This is what’s been the key toward our success, along with the key people in our company,” he says.

In conclusion, Dr. Tsengas flags upcoming company announcements with Japanese companies, and discusses the pet industry’s growth over the last 20 and how OurPet’s will continue to participate in the industry as a trend-setting leader.

For more information, visit www.ourpets.com

Since the first internet casino was launched in 1996, the online gambling industry has been among the fastest growing industries in the world. In February 2015, the University of Nevada, Las Vegas Center for Gaming Research reported that total online gaming revenue in the United States was just under $11.7 million, despite the fact that just three states – Nevada, Delaware and New Jersey – have legalized any form of online gaming.

While this report demonstrates the considerable demand for online gaming, the market’s true potential is more difficult to illustrate. In part, this is because of the sheer lack of available research regarding the global online gaming market, but reports regarding the popularity of the gambling industry as a whole highlight a strong demand for innovative gaming options in a collection of markets.

According to IBISWorld, the global casino and online gambling industry has trended upward over the past five years, growing to $274 billion in 2015. The research firm also suggests that strong growth will continue moving forward, driven by heightened demand for gambling options in China and other Asian nations.

On Tuesday, Coastal Integrated Services took a major step toward capitalizing on this projected growth by entering into a definitive merger agreement to acquire Olympian Group, an international online casino and sportsbook operator. Gr88.com, Olympian’s sports betting and casino brand, recorded over $14 million in gambling bets in 2014, realizing a year-over-year increase of 374 percent. In an effort to build on this growth, COLV outlined intentions to introduce the Gr88.com brand to the Asian market in the coming months.

“Our first order of business will be to launch into targeted Asian markets,” Clifford Redekop, newly-appointed chief executive officer of COLV, stated in a news release. “We know we have something special with this brand and will focus on Gr88 as our flagship site with significant marketing and driving brand recognition.”

In addition to providing a platform upon which to promote financial growth, COLV is also using the Olympian Group acquisition to initiate a corporate reorganization that’s expected to position it to qualify for NASDAQ listing within the next year. For prospective shareholders, this aggressive growth strategy makes COLV an intriguing investment opportunity.

For more information, visit www.coastalintegratedservices.com

With the growth of same-day delivery services, it’s no wonder On the Move Systems Corporation wants in. Back in July, the corporation announced its plans to develop a shared economy, same-day courier service. Similar to Uber and Lyft, local drivers would deliver packages wherever customers, using a web portal, desire. OMVS has recently declared that it is using advanced technology in its developmental endeavors to create their high-quality delivery service.

The corporation has been looking into cutting-edge technology related to transportation management systems, radio equipment, handheld computers, GPS, and barcode readers. By using innovative technology, the courier service could potentially be both a cost-effective and faster option against larger couriers like FedEx and Ups.

Robert Wilson, CEO of On the Move Systems stated that “Most traditional courier companies lag far behind in terms of technology utilization,” and that “OMVS, on the other hand, plans to invest in the most up-to-date resources available – technology that will enable us to provide upfront pricing, down-to-the-minute delivery time estimates, and tracking of packages and documents in real time. There is a real technology gap which we intend to exploit. Customers will flock to our service once they learn of our decided advantages.”

Watchers of the industry say that shared economy businesses will continue to grow and flourish in the coming months since people are now more familiar with how they work. They’re a great option for those looking to make a living or those who need some additional income. Drivers through these businesses can work and choose jobs whenever they want while getting paid.

On the Move Systems looks forward to its development of a shared economy courier service that uses the best technology to provide same-day deliveries to customers. It hopes to transform the courier industry in a way that provides fast and low-cost results.

For more information, visit www.onthemovesystems.com

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A leader in regenerative medicine, International Stem Cell Corp. uses its parthenogenesis stem cell technology to address immune rejection and self-renewing cells. This technology uses unfertilized eggs that have cells with a duplicate set of human leukocyte antigen genes (HLA) that lessen the chance of a body rejecting cells. From this, scientists created self-renewing human parthenogenetic neural stem cells (hpNSC).

These cells have the capacity to replace dead and dying neurons while protecting existing ones in patients with Parkinson’s disease. In fact, the company recently presented its preclinical results for the treatment of the disease at Neuroscience in Chicago. Furthermore, scientists with the company are currently developing cell technology to treat liver and retinal diseases.

The International Stem Cell Corp. also has a hand in anti-aging skin care products that uses its stem cell technology through its subsidiary Lifeline Skin Care. This technology is based on the communication between human cells. Protein molecules can carry messages that tell the surrounding cells to create new cells for tissue repair. The company removes those proteins from the parthenogenetic stem cells then creates microscopic bubbles called nanospheres to protect them from exposure. These tiny bubbles are then infused with vitamins, minerals, moisturizers, and antioxidants to create a finished serum.

Lifeline Skin Care has a range of products that include overnight, daily, neck and eye firming, and cleanser creams that can improve the look and feel of skin.

The innovative stem cell based technology of the company is not limited to degenerative diseases of the body. Skin can also benefit from parthenogenesis through the addition of healthy cells that prevent the look of aging though rejuvenation. Proceeds from the skin care line help support research for Parkinson’s, liver, and blindness diseases.

For more information on International Stem Cell Corporation visit www.internationalstemcell.com

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Taking kids under 10 out to a nice casual dining restaurant is an experience most parents dread. No matter how well-behaved a child may be, the setting is typically unnatural for kids, and the child’s instincts to play are generally and uniformly suppressed, resulting in an uncomfortable experience for all. This sad reality makes what should otherwise be a relaxing and enjoyable outing for the entire family, into more of a grueling production for everyone involved. And if you want to take the kid(s) out someplace for one of their birthday parties, there are a limited number of options which, while geared more towards the enjoyment of children than the typical restaurant, do not offer anything more exciting than what most kids can experience via their Xbox or PlayStation. Ticket redemption games aren’t really that entertaining for most kids, and parents these days don’t want to suck down a mixture of bad pizza and high fructose corn syrup-laden sodas.

In every way – the combination of a menu consisting of high-quality organic food, with a venue layout featuring a distinct casual dining area for adults and a huge customized play area for kids, realized by the restaurant model Giggles N’ Hugs has been successfully executing in LA for a few years now – speaks directly to the underserved family-friendly dining market of today. Parents can relax while the kids get some clean, healthy exercise at Giggles N’ Hugs, enjoying the themed Gymboree-like play area, with elements such as kid-sized castles, giant climbers and swings, numerous types of tactile interactive toys, and ball pits. GIGL has seen tremendous reception with its initial three locations in upscale shopping centers around LA, as numerous A-list celebrities have taken their kids to eat and play at the restaurants.

Giggles N’ Hugs even employs helpful, trained staff to cater to the kid play area, enabling the restaurant to also offer busy parents a child drop-off service, so they can enjoy shopping, unencumbered. This overall approach towards making the locations a child-centric experience is further facilitated by periodically scheduled entertainment of various kinds, ranging from arts and crafts, to karaoke sing-a-longs, to face painting, and even live acts like puppet shows or music, brought to patrons by professional child entertainers. A unique and highly synergistic business model such as this has quickly won immense interest from mall operators around the country, who want to offer their patrons the amenities that come with having a Giggles N’ Hugs in their mall. And GIGL even recently announced that shopping center juggernaut Westfield (OTC: WFGPY), with whom GIGL currently has two locations, is now seeking to expand on the existing partnership.

This is huge news, considering the global shopping center footprint Westfield is known for, including such iconic locations as the Westfield London or the Westfield San Francisco Centre. It is an announcement that augurs well for GIGL’s plans to expand from three to twelve company-owned locations by the end of 2017, and which also spells out success for ongoing talks with other large mall owners across the country, as well as interested franchise operators in North America, and around the world. In fact, the company has already received considerable interest from several potential international franchisees, spanning key growth markets in Latin America, as well as Asia, Europe, and the Middle East.

Parents getting to eat top shelf organic dishes and not having to feed their kids garbage, while also being able to relax in their own dining area, casually sipping on a glass of wine or beer, while the kids safely burn off some of that abundant energy they always seem to have – is likely a universal language all its own. The blue sky potential for this highly unique execution of a restaurant concept is one of the real major plot points in the Giggles N’ Hugs story. But investors need look no further than recent Q2 filings for the hardcore facts, like steadily increasing sales volume, and growing receptivity to the company’s most lucrative core offering, themed birthday parties. Private party rentals were up handsomely in Q2 (ended June 28), with year-over-year gains of 3.4 percent, even as the Giggles N’ Hugs location in the Glendale Galleria tracked such performance with a 5.5 percent jump in overall net sales.

Net sales across the operation were up 0.8 percent for the year, owing in large part to the sustained drive for operational excellence from former California Pizza Kitchen operations and finance executives, Philip Gay (Chief Business Development Officer) and John Kaufmann (Interim-President). The entire bench of senior leadership at GIGL has serious chops in fact, with multiple decades of experience in the industry under their collective belts, allowing the company to brilliantly navigate what is all-too-often a perilous sector for many young companies.

To learn more, check out Giggles N’ Hugs website www.gigglesnhugs.com

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With recently reported U.S. housing starts markedly higher in September, above one million for the sixth month in a row and beating the estimates of 1.15 million by analysts at Reuters handedly, U.S. Economic Outlook data forecasting 16 percent growth through Q4 2016 appears well within reason. In the country’s biggest home construction markets down south, housing starts hit their highest level since late 2007, with groundbreakings in the west following suit. According to a recent Bloomberg Business interview with Stan Humphries, Chief Economist for online real estate database giant Zillow, we are seeing a consistent cyclical progression towards more lending to home buyers, with more lending occurring under the 640 mark, and some banks now even going well below the 20 percent down payment requirement, even on non-FHA mortgages.

This view of the housing market in the U.S. is roundly confirmed by the recent Mortgage Bankers Association study, which sees demand rising to over 1.6 million units a year within a decade, as household formation becomes driven by significant demographic changes linked to net international migration, which should account for nearly 14 million new households on its own. Baby Boomers will also continue to play a major role, accounting for nearly 13 million more households of age 60 and over in 2024 than there are today. Some of the strongest housing growth the country has ever seen is set to take place in the coming decade according to the MBA study, and that’s what makes a well-positioned real estate investment outfit like ROI Land Investments (OTCQB: ROII) really stand out, with its focus on acquiring greenfield acreage in choice regional markets. This is acreage that is unencumbered by zoning restrictions and is therefore wide open to being developed intelligently, and in a cost-effective manner.

ROII’s approach to the market is dynamic, yet simple – with infrastructural build outs of the high quality housing units being sourced to trusted local construction companies, and the company handling the acquisition, permitting, as well as sale of units. The company has posted a banner year so far in 2015 too, starting with early successes in Kitimat, British Columbia. The Kitimat project is a 93-unit, 170,000 square foot ROI infrastructure and land agreement near the site of LNG Canada’s liquefied natural gas project, which has an estimated potential peak workforce of 7,500 people. LNG Canada is a major JV operation comprised of Royal Dutch Shell’s (NYSE: RDS.A) Canadian affiliate, and affiliates of PetroChina (NYSE: PTR), Mitsubishi (TYO: 8058), and Korea Gas (KRX: 036460). This development shows signs of a very profitable future for the company in Canada and especially in British Columbia’s burgeoning LNG regions.

With 35 of the units at the Kitimat project (a mixture of apartments and townhouses) earmarked specifically for LNG Canada plant staff, the future does indeed look bright for ROII as Canada’s energy sector continues to provide substantial impetus for new housing construction. This latest addition to the company’s portfolio of projects in Canada adds nicely to a growing list of brilliantly chosen targets. We’re talking about targets such as the company’s 1.971 million sq. ft. development of the only low density project in the booming city of Beauport, Quebec, as well as another project located in British Columbia, where demand from regional LNG infrastructure activity has created substantial demand for apartments and townhouses, particularly in the area around Terrace.

Similar underlying energy sector-related economic factors have led to ROII’s latest project here in the U.S., with a binding agreement just recently signed for a 250-acre residential development project 40 miles north of Houston, in Montgomery County, near Conroe. The Dallas/Ft. Worth and Houston areas have added nearly 400,000 new energy and tech sector jobs combined over the last two years according to the latest edition of bedrock industry outlook, Emerging Trends in Real Estate, published by PricewaterhouseCoopers. Conroe is also the only city in the Houston area with a population over 50,000 to make the U.S. Census’ top 15 list of fastest growing cities, and Conroe saw just over 5 percent population growth between 2013 and 2014. Montgomery County is also a key regional transportation hub, with a superb school district that has new middle and high schools opening in the next few years as well as a higher household income on average in Conroe than the greater Houston area, which paints a very bullish portrait for this latest acquisition target.

National Association of Home Builders (NAHB) Chief Economist, David Crowe, pointed out some more positive indicators of the underlying health and trends of the U.S. housing industry, as part of the NAHB’s Fall Construction Forecast Webinar. Crowe indicated that total U.S. employment at well above the 2008 peak, at 142 million, and home equity having nearly doubled since 2011, to around $12.5 trillion, are both very encouraging signs. Crowe also noted that one of the only big concerns, was a majority of builders reporting that the cost and availability of labor continues to be a significant problem.

This is not the case for a well-respected local construction company up in Evans, Colorado known as Baessler Homes though, with whom ROII entered into a binding agreement back in July, to sell Baessler around a third of the company’s massive 237-acre development project outside Denver. The rapid growth of Colorado’s economy, which has outpaced the national average for the last two years and which is underscored by population growth that has made Colorado the third fastest growing state in the country over the past five years, are a big green light for ROII. The Evans acquisition also includes some 1,168 shares of water to service the 1,200 lots, an extremely valuable additional element of the deal in this case, and the company intends to do a mix of single and multifamily housing units at the project. There is even a new school being built adjacent to this sizeable property. Evans is right near Greely, the metropolitan area which posted the largest year-over-year employment growth in the state this May, at 5.1 percent. The University of Colorado’s Leeds School of Business sees job growth within the state continuing to accelerate throughout 2015 across all major employment sectors (except information).

An MOU signed with Dubai-based PNC Investments in July has also set ROII up for its first excursion into Middle East real estate markets, via a 300-apartment project in the heart of the city, at a $4 billion mixed-use development. Just three miles from the world’s tallest building, the internationally famous Burj Khalifa mall, ROII’s Dubai project is a stunning example of management’s due diligence and nose for well-timed plays. Even when the project is halfway around the world, ROII can smell choice demographics and regional growth factors. But this is no surprise considering the corporate culture at ROI Land Investments, where founders Cliche and Treminio have worked very hard to foster a passionate pursuit of land development excellence. Excellence that is informed by senior management’s decades of hands-on industry experience, as well as their networks of tightly-knit relationships stretching across the sector. The company’s footing in the construction, land acquisition and real estate development worlds is rivaled only by its adroitness in the world of finance, with several members of senior management having a long track record of success, such as VP of IR, Martin Scholz, who was a qualified financial consultant at Deutsche Bank for 20 years, and a regional director of the mobile sales force.

Co-founder and VP of strategic planning for ROII, Antonio Treminio, in particular, has more than two decades of experience under his belt in the financial markets, and his specialty has been driving corporate financing initiatives for private and public companies. Such experienced management is one major reason why the company has been so successful obtaining the financing to continue its aggressive development schedule, raising $9 million since May to power through a robust, diversified portfolio of early-stage developments, which represent a real underserved niche in the real estate market.

Little wonder then that equity research contributor for Thomson First Call, Capital IQ, FactSet, and Zack’s, small and microcap-focused independent equity research/corporate access firm, SeeThruEquity, recently initiated coverage of ROII in September with a 12-month price target of $4.52. SeeThruEquity has ROII pegged as a high-powered, equity-based conduit for taking advantage of significant potential rewards that have opened up through ongoing changes in the underlying dynamics of the residential housing market.

To take a closer look, visit http://www.roilandinvestments.com

The recent fingerprint hacking of over five million United States government employees raises questions about the safety of biometrics. Biometrics, a technology that measures and analyzes biological data like voice, fingerprint, iris, and facial scans, is used by companies like Apple and Samsung to unlock user-specific products. However, rising concerns over biometric use within customer-based businesses after the latest breaching of fingerprint data need to be addressed.

Elephant Talk Communications Corporation (NYSE MKT: ETAK), a global provider of Software Defined Network Architecture (ET Software DNA® 2.0) platforms and security solutions, suggests we move towards voice biometric technologies with multi-factor authentication to increase personal identity safety. The current fingerprint biometric trend lacks the option of changing should a breach happen. Fingerprints are static which means they can never be altered, therefore, once stolen the information remains available indefinitely. However, voice biometrics are dynamic which allows for fast alterations should they be compromised.

Various companies are working on biometric interface systems for users that provide safer security measures. ValidSoft, a subsidiary of Elephant Talk, offers security services that use voice biometrics coupled with multi-factor authentication approaches for the development of advanced verification systems to keep sensitive information protected. This means that the company provides multiple layers (factors) of security for each user, making hacking almost impossible. One factor, like a password, can be easily accessed while contextual data specific to a user with other factors proves more difficult. By using the latest in voice biometric algorithm technology, ValidSoft offers user-specific verification software.

Elephant Talk believes in the value of both static and dynamic biometrics, though insists on companies not using them by themselves. For greater security, validation technologies should use multiple factors, contextual data, and numerous layers to keep users and their information locked for theft prevention.

For more information on Elephant Talk Communications Corp., visit www.elephanttalk.com

Dominovas Energy, a leading power solutions provider to emerging markets around the world, issued a press release today announcing a landmark capital commitment for $1.2 billion US Dollars in project financing (the “Financing”) with Graecrest Energy Solutions. The funds will be used for the initial phase to manufacture, produce, and deploy Dominovas Energy’s proprietary RUBICON™ SOFC systems, pursuant to signed and executed guaranteed Power Purchase Agreements (PPAs).

“This is an unprecedented and historic commitment not only for Dominovas Energy, but it is additionally significant for the fuel cell industry as a whole. This financing commitment is further validation of the Company’s business model and an undeniable endorsement of the technical prowess of the RUBICON™ and the ‘game plan’ we have set forth for the commercial deployment of our fuel cell system,” stated Neal Allen, Chairman and CEO. “With $1.2 billion secured for the phase 1 manufacturing and installation of the RUBICON™, we have put in place the building block that supports our innovation in engineering this next generation technology for the commercial production of clean and sustainable baseload power via the proprietary RUBICON™.”

“With this Financing secured, Dominovas Energy actively demonstrates that the funding of power infrastructure projects in global and emerging markets is not only possible, but feasible. One hundred percent of phase 1 project costs for deployment of RUBICON™ systems are covered in this first tranche of financing. Dominovas Energy remains on schedule and on budget for 2016,” Allen added.

Since announcing the first 3MW PPA for the City of David in the Democratic Republic of the Congo earlier this year, Dominovas Energy has been unwavering in its mission to secure project finance capital to support the deployment of over 200MWs of signed and guaranteed PPAs. Dominovas Energy believes that securing project financing marks the catalyst for the materialization of its value proposition in emerging energy markets.

Dominovas Energy Vice President of Investments and Finance Eric Fresh stated, “The Financing is a commitment from a ‘Sole Source Provider’ that is subject to the satisfactory completion of customary due diligence and underwriting/funding requirements, which will adequately facilitate Dominovas Energy’s complete project funding via this initial facility. Under the terms of the commitment, Dominovas Energy will have the ability to seamlessly reassess its needs in order to potentially expand capital commitments, a necessity in accommodating subsequent financing phases of RUBICON™ system deployments.”

The financing structure has extended tenors of 20 to 30 years, providing Dominovas Energy with a unique opportunity to implement long-term, cost-effective project finance capital. Because there is immediate availability of financing upon financial close for each project, Dominovas Energy will be able to effectively and efficiently deliver on schedule its mandate of creating commercially-viable, clean, and sustainable energy solutions to global emerging markets — all while creating value to its Off-takers.

For more information, visit www.dominovasenergy.com

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