Premier Power Provides Business Update in Just Released Annual Report and Announces Coverage by Harbinger Research
September 15 2011 - 9:23PM
Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader
in the development, design, engineering, and construction of solar
power systems for commercial, government, and utility markets
globally announced today that it has posted an, Annual Report, PDF
document up on the Company's web site which can be accessed at
www.premierpower.com under the investor section.
Premier Power Renewable Energy, Inc. (PPRW) recently stated that
it continues to expect 2011 revenue of $100.0 million to $120.0
million and the annual report document does provide investors with
additional insights into the Company's current fundamentals and
long term business prospects.
Additionally, the Company has recently engaged the services of
Harbinger Research which will provide an update to the Company's
Harbinger Research Report from a year ago. Brian R. Connell, CFA, a
Harbinger Research Senior Analyst, stated, "We are thrilled to
update our prior 2010 coverage on Premier, as we believe it is
well-positioned in the rapidly growing North American and European
solar energy industries. Premier Power provides business, and
carrier-class engineering, procurement and construction services to
customers in North America, Europe, and South America. The
Company also develops complete solar power generation facilities
for utilities and financial investors."
Despite all of the economic turmoil, we continue to see exciting
growth opportunities for our business," said Frank J. Sansone,
chief financial officer of Premier Power. "And we remain very
positive about prospects for future growth opportunities in both
Europe and North America. Sansone continued, "We felt it was
important for us to provide shareholders and investor with an
update on the Company's fundamental develops by posting this Annual
Report document online and by utilizing Harbinger Research. We
expect their research report to be available early next week."
About Premier Power: Premier Power Renewable Energy, Inc. is a
leading global provider of large and small-scale solar power
systems, delivering unmatched experience to commercial and
governmental customers globally. Premier Power designs, engineers
and integrates the solar industry's leading products. Premier
Power's technologies and services have enabled its customers to
maximize clean energy output along with project savings. Today,
Premier Power designs and deploys the most innovative solar
electric systems through market-leading innovation and exceptional
customer service. Premier Power is headquartered in El Dorado
Hills, CA and has common stock quoted on the OTC Bulletin Board
under the symbol PPRW.OB. Additional information is available at
the Company's website at www.premierpower.com.
Forward-Looking Statements: This release contains
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that forward-looking statements in this
release involve risks and uncertainties that could cause actual
results to differ materially from current expectations.
There can be no assurance that demand for the company's products
will continue at current or greater levels, or that the company
will continue to grow revenues, or be profitable.
There are also risks that the company's pursuit of providing
solar solutions globally might not be successful, or that if
successful, it will not materially enhance the company's financial
performance; that the company could fail to retain key employees;
that changes in customer requirements and other general economic
and political uncertainties could impact the company's relationship
with its customers; and that delays in projects, competitive
pressures or technical difficulties could impact timely delivery of
revenues and projects; and other risks and uncertainties that are
described from time to time in Premier Power's periodic reports and
registration statements filed with the Securities and Exchange
Commission.
CONTACT: Frank Sansone
Email: fsansone@premierpower.com
Phone: 916-939-0400
Premier Power Renewable ... (CE) (USOTC:PPRW)
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