Premier Holding Corporation Announces initiation of International Strategy. PRHL set to deploy the E-Series technology first...
September 25 2013 - 8:35PM
Access Wire
TUSTIN, CA - September 25, 2013 - Premier Holding
Corporation (OTCQB:PRHL) today announced that it set in place the
necessary infrastructure to begin phase one of it’s strategic plan
to deploy the E-Series technology internationally.
The E-Series is currently marketed in the U.S by PRHL
subsidiary E3 – Energy Efficiency Experts. This
technology has recently been adapted to accommodate the vast
majority of electrical power found around the world, including a
50hz version, and an international patent and certification
strategy has been initiated.
The E-series Lighting Control saves from 25% to in excess
of 35% of the power it takes to operate existing HID lamps. The
company previously has announced savings experienced by Nestles,
Disney and Stations Casino with E-Series Technology. HID lamps are
experiencing a resurgence as the industry realizes that they are
the most efficient lamp for the environments they most commonly
serve, i.e. very high ceilings, poles and locations with high lumen
requirements. The E-Series makes the most efficient lamps for these
applications even more efficient.
President and CEO of Premier, Randall Letcavage stated; “We are
very excited to launch this next step in the expansion of the
technology’s market. We are now opening discussions with
strategic partners to assemble the product in-country, and
represent it to resellers and direct customers. The first market we
are pursuing is Asia, for obvious reasons” including the explosive
growth rates and infrastructure upgrades taking place there.”
The E-Series, being an upgrade to existing HID lighting systems,
is a fraction of the cost of emerging alternatives, and comes with
a decades-long track record of success, and the added benefit that
it is installed in less than a day. The technology provides added
life to existing lighting systems while providing exceptional
efficiencies.
The product has been specifically designed for assembly in a
target country, with the ability to modify it for any unique
circumstance that the given country may require. The systems are in
place to replicate manufacturing and sales in almost any country,
and to do so in multiple countries simultaneously.
Premier is opening discussions with various qualified candidates
in Asia to both assemble the product and to represent it in the
market. All interested candidates should contact Lawrence Young at
PRHL at (949) 260-8070 or Lyoung@prhlcorp.com.
Premier Holding Corp. Safe Harbor
This press release contains certain statements that may include
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects," "anticipate," "optimistic," "intend," "will"
or other similar expressions. The Company's actual results could
differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website at
http://ctt.marketwire.com/?release=994097&id=2715556&type=1&url=http%3a%2f%2fwww.sec.gov%2f.
All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under applicable
securities laws, the Company does not assume a duty to update these
forward-looking statements.
About Premier Holding Corporation
The Company provides financial support and management expertise,
which includes access to capital, financing, legal, insurance,
mergers, acquisitions, joint ventures and management strategies.
The Company also intends to acquire clean technology companies
and/or green products and services that are accretive and that can
be seamlessly integrated and utilize the overall economics of such
products and services for the benefit of its customers. Through
subsidiaries we offer renewable energy production, energy
efficiency products and services to commercial middle-market
companies, Fortune 500 brands, developers and management companies
of large-scale residential developments. Additional integrated
business offerings include direct energy services as power purchase
agreements (PPAs), energy financing and leasing of generation
programs in urban and rural real estate environments, lighting
efficiency systems and refrigeration systems. For more information
visit PRHL Investors Relations:
http://ctt.marketwire.com/?release=994097&id=2715547&type=1&url=http%3a%2f%2fwww.prhlcorp.com%2f.
For general information contact:
Connie Absher at (949) 260-8070 or cabsher@icapadvisory.com