GreenHouse Holdings, Inc. Announces Update on Acquisition by Premier Alliance Group, Inc. and Sets Date for Special Meeting o...
February 09 2012 - 12:29PM
Marketwired
GreenHouse Holdings, Inc. (OTCBB: GRHU) ("GreenHouse"), a leading
provider of energy efficiency solutions and sustainable
infrastructure products, today announced that the Registration
Statement on Form S-4 filed by Premier Alliance Group, Inc.
("Premier") establishing the terms of GreenHouse's acquisition was
declared effective by the Securities and Exchange Commission as of
February 8, 2012. In addition the record date for stockholders to
consider and vote upon the proposals contemplated by the previously
announced merger agreement between GreenHouse and Premier has been
established as January 30, 2012, for their special meeting. The
Registration Statement on Form S-4 may also be accessed online at
the SEC's website, www.sec.gov.
GreenHouse's stockholders of record at the close of business on
January 30, 2012 will receive notice of, and will be entitled to
vote at, their special meeting. The special meeting will be held on
February 29, 2012 at 9:00 am at GreenHouse's principal offices
located at 5171 Santa Fe Street, Suite I, San Diego, California
92109.
"We eagerly anticipate the closing of the merger between our two
companies, upon stockholder approval, later this month," said John
Galt, CEO of GreenHouse. "We are anxious to begin integrating our
two companies."
Mark Elliott, CEO of Premier, added, "We are excited to bring
GreenHouse into the fold and build upon the reputation they've
established within the utilities and Government space, as well as
take advantage of the synergies between our two organizations."
About GreenHouse Holdings, Inc.
GreenHouse Holdings is a leading provider of energy efficiency
and sustainable facilities solutions. The company designs,
engineers and installs disparate products and technologies that
enable its clients to reduce their energy costs and carbon
footprint. Its target markets for energy efficiency solutions
include government and military, as well as commercial, residential
and industrial markets. In addition, the company develops, designs
and constructs rapidly deployable, sustainable facilities primarily
for use in disaster relief and security in austere regions. For
more information, please visit: www.greenhouseintl.com or the
GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl
or follow GreenHouse on Twitter @greenhouseintl.
About Premier Alliance Group, Inc.
Premier Alliance is a leading provider of business and
technology advisory and consulting services. Practice areas of
expertise encompass Governance, Risk & Compliance (GRC),
Business Performance & Technology, and Finance & Accounting
as we assist clients with Risk Management, Compliance, Mergers
& Acquisitions, Organizational Effectiveness, Project/Program
Management, Information Management, Architecture and Software
Development. Premier Alliance Group is headquartered in Charlotte,
NC. For more information, please visit www.premieralliance.com.
Participants in the Merger
Solicitation
GreenHouse, Premier, and certain of their respective directors
and executive officers and certain other members of management and
employees may be deemed to be participants in the solicitation of
proxies from the stockholders of GreenHouse and Premier in
connection with the proposed transaction. Information about the
directors and executive officers of GreenHouse is set forth in its
proxy statement for its 2011 annual meeting of stockholders, which
was filed with the SEC. Information about the directors and
executive officers of Premier is set forth in its proxy statement
for its 2011 annual meeting of stockholders, which was filed with
the SEC on. These documents can be obtained free of charge from the
sources indicated above. Other information regarding the
participants in the proxy solicitation and a description of their
direct and indirect interests, by security holdings or otherwise,
are contained in the joint proxy statement/prospectus and other
relevant materials which may be filed with the SEC.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements that
reflect the Company's current expectation regarding future events.
Actual events could differ materially and substantially from those
projected herein and depend on a number of factors. Certain
statements in this release, and other written or oral statements
made by GreenHouse Holdings, Inc. are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. You should not
place undue reliance on forward-looking statements since they
involve known and unknown risks, uncertainties and other factors
which are, in some cases, beyond the Company's control and which
could, and likely will, materially affect actual results, levels of
activity, performance or achievements. The Company assumes no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. Important factors that could cause actual
results to differ materially from the company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the company from time to time with the United States Securities
and Exchange Commission and other regulatory authorities.
GreenHouse Holdings, Inc. Contacts: Investor
Relations Alliance Advisors, LLC Bryan Kobel Email Contact
Chris Camarra Email Contact 212-398-3487 Media Relations
Rubenstein Public Relations Michelle Manoff Tel: 212-843-8051
Email: Email Contact