Premier Holding Completes Agreement With Lighting Business AEON Green Energy Solutions
October 29 2013 - 8:00AM
Marketwired
Premier Holding Completes Agreement With Lighting Business AEON
Green Energy Solutions
Premier's Subsidiary, Energy Efficiency Experts (E3) Further
Expands Its Powerful Lighting Solutions Platform
TUSTIN, CA--(Marketwired - Oct 29, 2013) - Premier Holding Corp.
(OTCQB: PRHL) today announced that through an exclusive employment
agreement it has added the resources, client lists, distributor
agreements, and existing business relationships of AEON Green
Energy Solutions through its subsidiary, Energy Efficiency Experts
("E3"). With these added resources, E3 continues to expand its
Energy Efficient Lighting Solutions Platform. The company moves
another step closer in expanding its product offerings and
capabilities to provide services to existing E3 customers as well
as our 1,000 plus commercial customers that we service today
through The Power Company, LLC (Another PRHL Subsidiary). In
addition to expanding our LED offerings through AEON this allows
the company to provide an introduction and a choice to their
customers with our innovative E-Series technology, which is an
inexpensive alternative to LED for commercial and industrial
applications.
"We are delighted to announce this expansion of resources and
addition to our team, our products, services and solutions as we
focus on building our 'Everything Energy' business in our Energy
Efficiency Experts, Inc. subsidiary (E3)," commented Randall
Letcavage, CEO of Premier Holding Corp. "AEON has a proven track
record of delivering cost-efficient lighting solutions to an
ever-growing client base. With a solid sales channel and expertise
in complementary technologies, the addition of Aeon is important to
our value proposition of providing energy efficiency solution
complements to our Energy Efficiency business model.
"I could not be more excited about joining Premier Holding and
E3," said Mr. Tercenio. "Our clients appreciate the greater scope
of offerings we can now provide. I have already intensified
interest in the E-Series lighting control for HID lighting within
my client base and business channels. E3 technology may expand the
total size of the deals as we can provide more efficient choices.
In addition, our strategic partners have been very enthusiastic
about coming on board with E3 and they are actively marketing the
technology to their client base. The transition to E3 has been far
more rewarding than expected and we expect to introduce $2 million
in sales in new business."
About Premier Holding Corporation Premier Holding's mission is
to lower its clients' energy costs and consumption while creating a
positive impact on the environment. The Company also intends to
acquire clean technology products that can be seamlessly integrated
with our existing product lines. Through our 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: www.prhlcorp.com.
Cautionary Language Concerning Forward-Looking Statements This
release contains "forward-looking statements" that include
information relating to future events and future financial and
operating performance. The words "may," "would," "will," "expect,"
"estimate," "can," "believe," "potential" and similar expressions
and variations thereof are intended to identify forward-looking
statements. Forward-looking statements should not be read as a
guarantee of future performance or results, and will not
necessarily be accurate indications of the times at, or by, which
that performance or those results will be achieved. Forward-looking
statements are based on information available at the time they are
made and/or management's good faith belief as of that time with
respect to future events, and are subject to risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed in or suggested by the
forward-looking statements. Important factors that could cause
these differences include, but are not limited to: fluctuations in
demand for Premier Holding's products, the introduction of new
products, the Company's ability to maintain customer and strategic
business relationships, the impact of competitive products and
pricing, growth in targeted markets, the adequacy of the Company's
liquidity and financial strength to support its growth, and other
information that may be detailed from time-to-time in Premier
Holding's filings with the United States Securities and Exchange
Commission. Examples of such forward-looking statements in this
release include statements regarding future sales, costs and market
acceptance of products as well as regulatory actions at the State
or Federal level. For a more detailed description of the risk
factors and uncertainties affecting Premier Holding Corp. please
refer to the Company's Securities and Exchange Commission filings,
which are available at www.sec.gov. Premier Holding Corp.
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact: Investor Relations Contact: Connie Absher Premier
Holding Corporation (949) 260-8070
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