Oak Ridge Micro-Energy Prevails in Its Motion
for Partial Summary Judgment

CONTACT:
Mark Meriwether
(801) 556-5228
mark.m@oakridgemicro.com

SALT LAKE CITY, Utah -- May 23, 2006 -- On May 22, 2006, the Salt Lake County Third Judicial Court granted Oak Ridge Micro-Energy (OTCBB: OKME) partial summary judgment in its case against Timothy Rock, Andrew Goodell, Water & Gold Inc. and Jeffery Kohutka. The court found as a matter of law that Rock, Goodell, Water & Gold and Kohutka each made misrepresentations in connection with the purchase of a security in violation of Section 61-1-1, Fraud Unlawful, of the Utah Uniform Securities Act.

On Aug. 27, 2004, Oak Ridge commenced an action against Rock, Goodell, Water & Gold and Kohutka, asserting claims against these individuals for violations of Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1 et seq.; Fraudulent Inducement and Conspiracy to Defraud; Misappropriation and conversion; and Breach of Contract. Oak Ridge also sought a Preliminary and Permanent Injunction against the defendants enjoining them from selling, transferring or otherwise encumbering any of the shares that these individuals had obtained from Oak Ridge pending the outcome of the case.

On Dec. 21 and Dec. 22, 2004, the court found that Oak Ridge had established a substantial likelihood of prevailing on the merits of its claims that defendants Rock, Goodell, Water & Gold and Kohutka had violated Utah's Uniform Securities Act, Utah Code Ann. Section 61-1-1; that if the injunction was not issued, Oak Ridge would be irreparably harmed; that the harm to Oak Ridge in the event an injunction was not issued would not outweigh any harm to the defendants; and that the public interest would not be affected by the granting of the Preliminary Injunction. The court also ordered Oak Ridge to post a $100,000 bond.

Evidence presented at this hearing detailed approximately 5,000,000 shares that were the subject of the Preliminary Injunction.

In furtherance of the court's preliminary injunction and at a hearing held on Oak Ridge's Motion on May 10, 2005, the court ordered defendants Rock, Goodell, Water & Gold and Kohutka to forthwith deliver or cause to be delivered all shares of Oak Ridge common stock that were the subject of the preliminary injunction, whether held by the defendants or deposited in their respective brokerage accounts or other repositories, to the Clerk of the Court, to be held by such clerk until a final adjudication of this legal action.

Oak Ridge will now only have to show that the misrepresentations were material in Oak Ridge entering in the contract with the defendants and, if so, what damages were caused to Oak Ridge by the misrepresentations made by the defendants.

About Oak Ridge Micro-Energy Inc.

Oak Ridge Micro-Energy Inc. produces thin film, solid-state batteries for commercial, consumer, industrial, homeland security, government, and medical applications. The Oak Ridge Micro-Energy thin film battery is rechargeable, lithium-based, and the active battery layers are manufactured to be significantly thinner than common plastic wrap. The company's batteries are intended for applications such as wireless smart sensors that operate in harsh environments, security cards, radio frequency identification (RFID) tags, semiconductor nonvolatile memory chips and advanced medical devices. Initial production will target specialized high-margin markets. However, continued expansion of the company manufacturing capacity, internally and through partnerships, will allow the company to reduce the manufacturing costs per battery and move into larger markets, such as RFID tags and smart cards.

The company maintains offices in Oak Ridge, Tenn., and Salt Lake City. Additional information on Oak Ridge Micro-Energy Inc. may be obtained by visiting the company's Web site at http://www.oakridgemicro.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.