Galenfeha Announces Largest Battery Order In Company's History

FORT WORTH, Texas, July 19, 2016 /PRNewswire/ -- Galenfeha, Inc. (OTC:GLFH) is pleased to announce the company has received its largest battery order to date.

Despite continued economic depression in the oil and gas industry, Galenfeha will supply batteries to an industry leader, with the products shipping into New Mexico's San Juan Basin. In addition to this being the largest single order in company history, it also marks the largest residual order from a distributor, as well as the inaugural order of customized GLFH batteries.

Galenfeha's stored energy products have been thoroughly tested by customers with resounding success. This order furnishes batteries to a major enterprise with locations throughout key oil and gas plays worldwide.

Galenfeha president/CEO Lucien Marioneaux, Jr. stated, "As we head into third quarter of a challenging 2016, we see this historic order, as well as the relationship with such a prominent and well-respected global customer, as a positive step in the advancement of our company. We look forward to building on this success as we position our company for hopeful energy sector growth."

About Galenfeha, Inc.

Galenfeha (OTC:GLFH) is a design, engineering, and manufacturing firm with a focus on stored energy solutions with low environmental impact.  Galenfeha designs, manufactures and markets a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for Oil and Gas measurement and automation as well as a full line of proprietary high precision chemical injection systems.  The company also provides stored energy solutions for U.S. military applications.

For more information on Galenfeha's products and services, please visit www.galenfeha.com.

Contact:
Galenfeha, Inc.
Ft. Worth, TX
800-280-2404

Forward-Looking Statements: Except for historical information contained in this release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate," "believes," "estimate," "expect," "should," "intend," "projects," "objective," and "appears," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization, or technological difficulties; the regulatory and trade environment; the impact of reimbursement rates and coverage; and the risk factors reported from time to time in the Company's SEC reports. The Company undertakes no obligation to revise any forward-looking statements as a result of future events or developments.

SOURCE Galenfeha, Inc.

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