Earlier this year, Alternet Systems, Inc. (OTCQB: ALYI) launched its Data Analytics Division. At that time, Henryk Dabrowski, CEO of Alternet Systems, stated, “Alternet has a successful history of developing and commercializing young digital commerce technologies. We are now building upon that history to develop and commercialize an expanded portfolio of new key technologies in the burgeoning big data analytics sector. We quietly started the expansion last year after the successful sale of our mobile wallet solution. We anticipate our new Data Analytics Division to build upon the revenue base we established in 2015 from our digital commerce operations throughout the course of 2016.”

Big Data, or data analytics, refers to the growing practice of using the data from all available sources, which can come in a variety of formats, to uncover individual and group behavior. A report (http://dtn.fm/Y7Rl1) published by the Economist Intelligence Unit (EIU) gives details on a global survey of over 300 executives from companies with over US$500 million in annual revenue (with half of them reporting US$1bn or more) on their data analytics practices. The survey found that companies are moving beyond first-generation big data applications based on internal assets and are reporting considerable success with innovative market-facing initiatives that use a wide range of transactional and external data. Competitor-focused initiatives are given the highest priority, with customer- and operations-focused measures comprising a significant number of initiatives.

The survey also found that the biggest technical challenge was the need to identify and integrate multiple data types from both internal and external sources. When it comes to internal challenges within an enterprise, data and analytics silos stand out, largely because market-facing advanced analytics initiatives tend to be driven by individual lines of business. A data silo is a separate database or set of data files. Despite these challenges, executives overwhelmingly rate these advanced analytics initiatives as successful and point to multiple simultaneous benefits. This broad success is driving continued innovation and experimentation, with technical challenges seen as minor obstacles compared with the need to select the right initiative and the right team.

In the early days of data analytics, companies mostly focused on internal initiatives, such as operating efficiencies, but with increased computational power and new data sources, they are experimenting with ‘offensive moves’. Proactive price optimization stands out as the most common market-facing data analytics initiative.

A full research report (http://dtn.fm/ue9AC) on Alternet Systems by Caprock Research, commissioned by Wall Street Corner, published February 2, 2016, estimates the data analytics market at $125 billion in 2015. The ‘analytics-as-a-service’ segment of this market is expected to grow from $4.2 billion in 2015, by a compound annual growth rate (CAGR) of 40 percent, to $23 billion in 2020.

Alternet Systems is on a mission to provide innovative solutions that facilitate and expedite commerce by enhancing customer experience and improving efficiency. Data analytics is just one of three high-growth markets in which the company plans to invest. The two others are financial technology and payment technology.

For more information, visit www.alternetsystems.com

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Earlier today, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) announced a partnership with Minnesota-based Freedom Trucking through which the company will develop and supply batteries to power fully electric interstate trucks. Prior to this agreement, Freedom Trucking spent the past five years working with Ohio State University scientists and other parties in order to develop a groundbreaking, fully electric interstate truck propulsion system that’s expected to enable trucks with a gross vehicle weight of up to 80,000 pounds to travel more than 400 miles on a single charge. However, the product’s development and testing has thus far been hampered by poor quality Chinese batteries.

Beginning in the second half of this year, Freedom Trucking will look to leverage Oakridge’s innovative, ‘Made in the USA’ battery systems in order to move product from Chicago to Minneapolis. Following implementation, the fully electric trucks are expected to provide cost savings in excess of $0.60 per mile, as compared to trucks powered by traditional diesel fuel, according to an initial analysis performed by the U.S. Department of Transportation. These savings are expected to revolutionize the economics of the interstate trucking business in the United States.

“The custom battery design for Freedom Trucking is an absolute game changer,” Steve Barber, executive chairman and chief executive officer of Oakridge, stated in the news release. “With our new custom battery systems, we have now greatly expanded the effective range of the electric truck, now making them a practical reality for immediate application to the interstate trucking business, while at the same time providing a much safer, low maintenance vehicle by virtue of the more robust chemistry and the battery management systems we have designed for this product.”

Since entering into full scale production on January 4, 2016, Oakridge has wasted no time in establishing a sizable presence in the stored energy industry. Last month, the company announced an agreement with Maritime Tactical Systems, Inc. (MARTAC) to provide battery systems for its Man-Portable Tactical Autonomous Systems (MANTAS), and, earlier this week, Oakridge announced that field trials of the MANTAS (powered by custom-tailored Oakridge technology) for a major defense contractor were a huge success. As it continues to meet and exceed expectations with its high-quality energy storage products, Oakridge appears to be primed for tremendous growth in the months to come.

“We at Oakridge are continuing our mission to onshore manufacturing back to the U.S. and this is a really big win for all of us,” continued Barber. “This is a tremendous win for everyone in the USA.”

For more information, visit www.oakridgeglobalenergy.com

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Part of what makes Star Mountain Resources, Inc. (OTC: SMRS) successful is its strong business model of acquiring and consolidating mining assets with high growth potential. The junior exploration and mining company focuses on base metal and precious metal mining. Star Mountain Resources plans on continuously searching out and obtaining these mines with expectations of high returns for both the company and its investors. The company also aims to incorporate any valuable team leaders from these ventures into its own.

Following its business model, the company acquired Northern Zinc LLC in November 2015. Along with that, Star Mountain Resources closed on the acquisition of Balmat Holding Corporation from Hudbay Minerals and gained access to the Balmat zinc mine in upstate New York. This gave the company a highly prolific mining asset while incorporating experienced mining professionals into its already seasoned board of directors and management team.

For example, Don Taylor was nominated for a director role following the Northern Zinc acquisition. He brought over thirty years’ experience in domestic and international mining explorations, project evaluations, reserve calculations, and mining development to Star Mountain Resources. Since June 2015, Taylor has been the president and a board member of Arizona Mining, Inc., a Canadian mineral exploration company.

Not only has the Balmat zinc venture brought a new member to the Star Mountain Resources team, but it could soon bring high profits. Zinc recently entered a bull market after production cuts tightened global supplies. The mineral increased more than 20% from a six-year low that was reached in January. The production limits will cause a deficit of 440,000 metric tons, driving up prices. Goldman Sachs predicts 12-month zinc prices at $1,800 a ton. When operations at the Balmat zinc mine begin, the company’s profits could soar as zinc prices rise.

By adhering to its sturdy business model, Star Mountain Resources will have more opportunities to obtain, manage and develop highly productive mines. So far, its acquisitions have proven themselves to be highly prolific gateways for the company and its shareholders.

For more information, visit www.starmountainresources.com

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A recent research report by John Ford of Equities.com states ‘GTX is the most undervalued company I have ever encountered, trading at an 85 percent discount to fair value.’ He believes ‘GTX is so undervalued right now that investors could capture near-term 6X returns as Wall Street becomes aware of this company’s fundamentals and pushes the share price towards fair valuation.’ Mr. Ford is undoubtedly excited by the company’s prospects. He laid out a number of reasons why investors should be considering GTX Corp. (OTC: GTXO).

Its present valuation offers short-term gains, since the company’s stock is trading at an 85 percent discount to fair value. Also, the company’s flagship product, GPS SmartSole, is doing exceedingly well. Its first production run completely sold out with preorders, and the company didn’t even need to advertise. The GPS SmartSole targets and is expected to capture a large share of an expansive market of $8.6 billion. In addition, the management team is strong and vibrant. CEO Patrick Bertagna is a mover and a shaker. He has established an impressive track record with six successful startups. The omens are good; GTX Corp. is his seventh.

The report identifies wearable tech as one industry that has caught the eye of the tech giants. It mentions the purchase of Oculus VR, the virtual reality tech company, by Facebook (NASDAQ: FB) in 2014 for $2 billion in cash and Facebook stock. Credit Suisse, the large Swiss bank, forecasts wearable tech ‘will be a $50 billion market in 3 to 5 years.’ Fitbit (NYSE: FIT), one wearable tech startup, had its debut in June 2015 and reported recently that sales in the quarter ending December 31, 2015, were almost double that of the comparable quarter in 2014. There was talk, last year, of a Jawbone initial public offering (IPO), but so far this has not materialized. Jawbone is valued at around $1.5 billion. The report goes on to point out that the ‘pure plays’ (stock of a company focused on one industry or product) in wearable tech are few and far between, so GTX Corp. is a rare opportunity. While most wearable tech companies are focused on the mass market, GTX Corp. has identified a niche market that is unserved, and the company is going after it vigorously.

The company’s flagship product, GPS SmartSole, is a tracker for people with cognitive disorders resulting from autism, Alzheimer’s, dementia, and traumatic brain injuries. These conditions tend to cause memory impairment and a frequent occurrence is that sufferers find themselves lost. For example, the 2013 World Alzheimer’s Report revealed that 60 percent of sufferers will become lost at least once, 70 percent of those will become lost three or more times and 46 percent of those not found within 24 hours may die. The GPS SmartSole is a high-tech shoe insole with a built-in GPS tracking chip. Using a combination of satellite and cellular technologies, it sends signals, on a continual basis, to the central GTX monitoring website, showing the wearer’s exact location. The location of a relative or patient can be monitored very easily by desktop, laptop, tablet or smartphone. GPS SmartSole is accessible from both Android and iOS devices. Currently, over 100 million people worldwide require supervision and monitoring because of memory impairment.

GTX Corp. was chosen for the coveted honor of being featured in the 2015 Internet of Things web cast produced at the International Consumer Electronics Show (CES) in Las Vegas, and the company’s GPS SmartSole ran second to a Microsoft (NASDAQ: MSFT) product in the Wearables, Health, Fitness & Wellness Category at the Cellular Telephone Industries Association’s (CTIA) 2015 Super Mobility Awards. A Samsung (OTC: SSLNF) product was third. GTX Corp. is keeping distinguished company. It may be worthwhile joining them, but remember, in order to throw a six, one must first roll the die.

For more information, visit www.gtxcorp.com

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The currently disputed Woody Island (http://dtn.fm/nIoh5) (Yongxing Dao), which is part of the Parcel archipelago that sits southeast of the southernmost point of China (the sizable island province of Hainan), occupies a commanding position in the South China Sea. Northeast of Vietnam (who also claims ownership), southwest of the Republic of China (Taiwan, which also claims ownership), and west of Manila in the Philippines, Woody Island’s strategic value to China’s expanding naval buffer zone cannot be overstated. Thus, the recently DoD-noted deployment (http://dtn.fm/sE8W4) (Feb 18) by China on Woody Island of what appear to be two batteries of eight Hongqi-9 (HQ-9) (http://dtn.fm/jCe8D) long-range (125 miles), high-altitude, surface-to-air missile systems (SAMs) is seen by many as provocative saber-rattling from an expansionist China.

At the recent U.S.-ASEAN (Association of Southeast Asian Nations) summit on Feb 15 and 16, the summit’s joint statement made no bones about needing “mutual respect for the sovereignty, territorial integrity, equality and political independence of all nations” in the region, as well as the need for a “shared commitment to peaceful resolution of disputes.” ASEAN, which includes the Philippines and Vietnam, is also ground zero for TPP (Trans-Pacific Partnership) implementation, and Vietnam has already signed off on the TPP alongside Brunei, Malaysia, and Singapore.

The HQ-9 SAM batteries, which are analogous to the MIM-104 Patriot SAMs recently deployed in South Korea (http://dtn.fm/8QyjF) (Feb 13) as a response to North Korea’s nuclear test and long-range rocket launch, are just the latest of a collection of moves in recent years by China in its bid to hold sway over the South China Sea. Given that China established Sansha city local government office on Woody Island back in 2012 in order to act as a central command location for administering the entire South China Sea area, and that last November Chinese J-11 fighter jets were spotted landing on the newly-enlarged runway, this latest move is seen as the next logical step in a larger campaign by some analysts. With over 3,000 acres of construction atop reefs in the area over the preceding two years, China has been steadily pushing its naval line out beyond the coast, for geopolitical, as well as economic, ends. This move has been met by close scrutiny from the Pentagon, with defense official reports indicating that, “the U.S. continues to call on claimants to halt land reclamation, construction, and militarization of features in the South China Sea.”

The day has now arrived when the inherent strategic downside of U.S. exposure to its crippling dependence on Chinese batteries has come to the fore, particularly as it regards our military’s readiness. Amid a concerted effort by the DoD to push total consumption of renewables up to 3,000 megawatts by 2025, with around $4 billion in yearly outlays toward this end, and defense contractors like Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) lining up to run the ball, battery sourcing dependence on China has become a real concern. Raytheon’s VP of Technology told Forbes late last year in an interview (http://dtn.fm/bcW9j) that the key objectives of the DoD transition were for smooth and manageable service, without interruptions when the weather is disagreeable, and with an overall emphasis on off-grid, microgrid, as well as energy storage elements.

This is where a company like Oakridge Global Energy Solutions (OTCQB: OGES) really shines. As a domestic developer and producer of energy storage solutions based in Florida’s Space Coast region, OGES is an ideally-situated provider. Furthermore, the company is squarely focused on ending America’s dependence on foreign batteries by providing class-leading “Made in the USA” batteries, whose production utilizes the company’s proprietary lithium chemistry, as well as its manufacturing techniques. With product for the first half of 2016 already pre-sold under firm and indicative commitments, as well as projected 2016 sales in the neighborhood of $140 million, Oakridge Global Energy Solutions’ four-year sales projection of $1 billion annually seems well within reason.

Little wonder, what with recent news like the company’s custom battery design for Man-Portable Tactical Autonomous Systems (MANTAS) developer, Maritime Tactical Systems, Inc. (MARTAC), having seen highly successful field trials for a major defense contractor across a variety of MARTAC‘s high speed maritime vessels. President and CEO of MARTAC, Bruce Hanson, enthusiastically bragged in a recent story about how ecstatic his company was with the custom-designed OGES units for their MANTAS platforms, noting in particular how OGES took MARTAC’s spec outline to the next level, delivering systems that went above and beyond the call of duty in terms of energy density, efficiency, reliability, and longevity.

This same American-made know-how and military-grade engineering stands behind every Oakridge Global Energy Solutions product. Every battery system lives up to the same exacting standards, whether it’s the company’s Pro Series of 40Ah, 60Ah, 100Ah, and 160Ah lithium-ion phosphate (LiFePO4) units for electric golf carts and NEVs (neighborhood electric vehicles), or its Freedom Series of clean, silent, and always reliable, living space power storage units.

Since 1986, Oakridge Global Energy Solutions has been providing custom-tailored, high performance energy storage solutions right here in the United States, and it has steadfastly developed a considerable global market presence abroad as well during that time. As the threat of dependence on Chinese batteries looms ever larger, the company is becoming more and more of a national security importance due to its ability to act as a vital part of the nation’s strategic infrastructural footprint in an age of electric military vehicles, and localized microgrid storage.

For more information, visit www.oakridgeglobalenergy.com

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Earlier today, Content Checked Holdings, Inc. (OTCQB: CNCK), the company behind an innovative suite of mobile apps for individuals with dietary restrictions, announced a landmark partnership with Kitchology, Inc., a mobile platform offering tailored recipes to consumers with special dietary needs. Through this partnership, Content Checked will gain access to Kitchology’s groundbreaking platform, including its library of core and curated recipes for and by consumers with dietary restrictions or allergies. Additionally, Kitchology will be granted access to Content Checked’s vast database of nutritional and ingredient information, which includes data on more than 300,000 packaged foods available for sale and distribution in the United States.

“We’re thrilled to partner with Kitchology and work in tandem to offer complementary solutions to families dealing with food allergies and sensitivities,” Kris Finstad, chief executive officer of Content Checked, stated in the news release. “More than 15 million Americans suffer from food allergies, 60 million plus care about food sensitivity, so it’s important to educate consumers about what ingredients are in packaged foods, and empower them to take steps to cook sensibly.”

Prior to the execution of this partnership, the team of doctors behind Kitchology spent more than a year searching for the best supplier of in-depth, reliable nutritional data on readily available packaged food products. After months of searching, it was determined that Content Checked’s comprehensive database is the only one of its kind that meets the lofty expectations of the Kitchology team. Moving forward, Kitchology will benefit from a limited, non-exclusive and worldwide right to use, display and analyze information from Content Checked’s database in order to improve the functionality of its integrated cooking platform.

While the addition of Kitchology’s database of core recipes into Content Checked’s suite of apps will certainly expand upon the marketability of the ContentChecked, SugarChecked and MigraineChecked platforms in the months to come, perhaps the biggest advantage of this agreement relates to the company’s ability to license its nutritional data. This portion of the agreement is particularly noteworthy, because it opens an additional revenue stream and positions Content Checked to build on its recent progress as it continues to pursue strong financial growth and maximized value for shareholders ahead of the previously announced rebranding of its products, which is scheduled to take place next month.

According to data from the 5th Annual Makovsky/Kelton ‘Pulse of Online Health’ Survey (http://dtn.fm/fESp0), almost two-thirds of Americans stated that they would use a mobile app to manage health-related issues – including 47 percent who specifically indicated interest in tracking diet and nutrition via their smart devices. By licensing its data to other businesses in the nutrition-based app marketplace, Content Checked will look to increase its share of the roughly $58 billion of mobile app revenues expected to be recorded in 2016, according to data from Go-Globe (http://dtn.fm/e7YuG).

“Having access to Content Checked’s database will take our platform to the next level of functionality and give our users the most comprehensive platform to cross check ingredients in recipes for hidden allergens,” Alain Briancon, PhD, chief executive officer of Kitchology, added in the release. “With this partnership, we will leverage our assets to empower families and enhance their quality of life and safety, whether in the kitchen or on the go.”

For more information, visit www.contentchecked.com

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Immune Therapeutics, Inc. is a biotechnology company applying its patented immunotherapy to combat chronic, life-threatening diseases that affect persons around the world. Building on the power of the body’s natural immune system, the company’s pipeline of products and immunotherapy technologies are designed to enhance treatment of cancer, infections such as HIV/AIDS, chronic inflammatory diseases, and a variety of autoimmune diseases.

Immune Therapeutics’ most advanced clinical programs involve immunotherapy with met-enkephalin (MENK) (sometimes referred to as opioid growth factor) and its low dose naltrexone product (LDN), internationally known as Lodonal™, both of which have been shown to stimulate immune systems even in patients with advanced cancer.

Additionally, Immune Therapeutics is pursuing additional investigations for MENK and LDN as viable treatments for autoimmune conditions such as rheumatoid arthritis and multiple sclerosis; as an adjunct in cancer patients undergoing chemotherapy, radiation treatments or surgery; and as a complement to antibiotics in the treatment of a variety of infectious diseases, including patients with HIV/AIDS, in combination with retroviral drug therapy.

Immune Therapeutics and partners AHAR Pharma and GB Pharma Holdings recently completed a bridging trial to determine the safety and efficacy of LDN in patients with HIV, and have submitted data in connection with the filing of its New Drug Application for LDN with The National Agency for Food and Drug Administration and Control, (NAFDAC) of Nigeria.

Learn more by visiting www.immunetherapeutics.com

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If the fun and fare offered up at Giggle N’ Hugs (OTCQB: GIGL) is good enough for the children of Adele, Drew Barrymore and Tori Spelling, you might just say it would be good enough for your kids, too. The upward trending restaurant, designed with the needs of children in mind, is capturing the attention of their mall going parents for its healthy menu, fun-filled themed parties and overall unique concept, which is unlike any other.

GIGL delivers a play castle, a life-size pirate ship and a variety of toys and attractions that everyone’s children can enjoy. In addition, children have the opportunity to practice sharing, taking turns and making new friends. Every thirty minutes Giggles N’ Hugs delivers a host of fun activities such as dance parties, karaoke, face painting, arts and crafts, scavenger hunts and much more, and one of the biggest value propositions about a visit to Giggles N’ Hugs is one the children never get to see or hear – their parents enjoying an anxiety-free shopping experience knowing their children are being well attended to – in body, mind and soul!

In addition to a ‘who’s who’ roster of celebrity families visiting GIGL at any one of its three Los Angeles area mall locations, several well-known publications have either written about or voted the concept a winner. GIGL was voted the #1 birthday party place and “Best Pizza in Los Angeles” by Nickelodeon. It was also voted Best Indoor Playspace by Red Tricycle and listed best family & kid-friendly restaurants by CitySearch & GoCityKids.

Your children can ‘be the star’ at GIGL’s one-of-a-kind birthday parties, which are filled with excitement and exercise inside of a 6,000 square foot family restaurant. When you throw a party at Giggles N’ Hugs, the company handles every little detail, so mom and dad can enjoy their day with the peace of mind that comes from knowing that an award-winning, professional staff is handling setup, cleanup, and everything in between.

Giggles N’ Hugs, Inc. owns and operates kid-friendly restaurants with play areas for children who are 10 and under. The company owns and operates a restaurant in the Westfield Mall in Century City, a restaurant in the Westfield Topanga shopping center in Woodland Hills, and a restaurant in the Glendale Galleria in Glendale, California. Giggles N’ Hugs, Inc. is headquartered in Los Angeles, California, and was founded in 2010.

Learn more by visiting www.gigglesnhugs.com

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FlexWeek, Inc.’s (OTC: FXWK) innovative online platform for timeshare rentals is set to boost the secondary market for timeshares, and that’s great news for timeshare owners and investors. A functioning secondary market in timeshares will play the same important roles as does the secondary market in securities. One of these roles is the provision of liquidity. When one buys stocks, the funds are tied up indefinitely, but suppose the proverbial rainy day comes along and you need to cash in your investment. What can be done? It used to be that your only option was finding a willing buyer by advertising or some other means. Now, some companies like Home Depot (NYSE: HD), Colgate-Palmolive (NYSE: CL), and PepsiCo (NYSE: PEP) offer Direct Stock Purchase Plans (DSPPs) and Dividend Reinvestment Plans (DRIPs), and these plans may provide a way for a shareholder to sell shares back to the plan. But such options may be unpalatable since the purpose of these plans is to encourage long-term stock ownership.

A secondary market, such as the one administered by the NYSE in which shares are traded, allows you to find a willing buyer much easier and so makes the securities you own more liquid. Another important function of securities markets is pricing and valuation. A secondary market allows the price of one company’s shares to be compared to the prices of all other traded companies’ shares and so compares the value of one investment against another. For timeshares this is especially important.

Without a secondary market in timeshares, the only price for a timeshare would be the one set by the developer. The value of timeshares would essentially be determined by developers, but, if there is a secondary market in which timeshares are resold, the value of timeshares would be set by the market the way that securities’ prices are set in the secondary market. No company could issue shares at $100 when they are trading in the secondary market at $70, but this is exactly what is happening in the timeshare market.

Evidence of the huge pricing gap between the primary and secondary markets for timeshares is given by RedWeek, which reports (http://dtn.fm/1d2tE) on its website that ‘Timeshare re-sales… are typically priced 30-50% below the original developer or resort price’. This assertion is supported by a story (http://dtn.fm/h6hAc) in Kiplinger that states, “With brand-name developments, such as Disney (NYSE: DIS), Marriott (NASDAQ: MAR) and Wyndham (NYSE: WYN), you typically pay 30% to 50% less than the developer’s price.”

FlexWeek is contributing to the development of the timeshare secondary market with its unique peer-to-peer (P2P) platform, which is focused on timeshare rentals. Timeshare rentals can provide the same two market functions that timeshare re-sales do. A vibrant rental market will allow timeshare owners to recoup the costs for timeshare weeks they could not utilize in much the same way a re-sale would have done. In fact, it’s a superior option, since he still owns the asset. He didn’t have to sell to mitigate losses. Rentals will also, undoubtedly, influence pricing and valuations. They will, at the very least, establish a floor for valuations. Valuation of timeshares is a complex issue since a timeshare owner enters the contract expecting to pay a cash sum for an intangible benefit. Unlike owning a financial asset, there is no expectation of future positive cash flows.

A survey in 2012 conducted by the American Resort Development Association found that about 20 percent of timeshares usually enter the re-sale market, and the recent State of the Vacation Timeshare Industry: United States Study 2015 Edition reports that timeshare revenues in 2014 amounted to $7.9 billion. This would put the size of the re-sale market at approximately $1.6 billion. With an opportunity like that, FlexWeek could be the AirBnB of the timeshare industry.

For more information, visit www.flexweek.com

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Earlier today, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) announced the promising results from Maritime Tactical Systems, Inc.’s (MARTAC) recently conducted field trials of its Man-Portable Tactical Autonomous Systems (MANTAS). According to the release, the trials, which were held on January 25-28 in the Indian River in Palm Bay, Florida, were a major success, utilizing several different sizes of MARTAC’s versatile high speed maritime vessels and leaving all participants exceptionally pleased. This result is particularly favorable for Oakridge, as the company designed and produced custom batteries to fit the specific requirements of the MANTAS platforms as they are implemented in a wide variety of critical applications – including naval fleet protection, mine warfare, port and harbor security protocol, anti-piracy, and search and rescue.

“The custom battery design for MARTAC was quite challenging while at the same time exciting for our team,” Steve Barber, executive chairman and chief executive officer of Oakridge, stated in the news release. “We are pleased to have been a part of this huge success for the MARTAC team and look forward to working with them as we both move forward.”

Oakridge previously announced its supplier agreement with MARTAC in early January, just two days after entering into the full-scale production phase of its corporate restructuring efforts. After reviewing the applications and specifications of MARTAC’s innovative vehicle, the company’s engineering team immediately started development efforts for a customized stored energy solution that strengthened the marketability and performance of the MANTAS platforms.

“We were ecstatic with the custom Oakridge Energy Units designed for and utilized on the MANTAS platforms,” Bruce Hanson, president and chief executive officer of MARTAC, added. “Oakridge stepped up to the plate and knocked it out of the park. They have greatly expanded the effective range of the MANTAS while at the same time providing us a much safer vessel that can be utilized in many environments where present energy technology is not allowed due to safety concerns.”

Following this demonstration of the quality and effectiveness of Oakridge’s lithium ion technologies, the company is in a favorable position to achieve the rapid growth forecast by its management team earlier this year. By exceeding the expectations of clients in key niche market segments, Oakridge aims to quickly realize its goal of ushering in “a new era in battery manufacturing” by offering a high quality, domestically-manufactured alternative to inferior lithium ion chemistries and stored energy solutions produced throughout Asia.

For more information, visit www.oakridgeglobalenergy.com

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