Premier Alliance Selected by Schneider Electric for Construction of
Four 500 Kilowatt Green Load Banks
Contract Valued at $625,000 and Partially Funded by Southern
California Edison's Energy Efficiency Incentive Program
CHARLOTTE, NC -- (Marketwire) -- 11/12/12 -- Premier Alliance
Group, Inc., (OTCQB: PIMO) a strategic advisory, services, and
solutions firm focused on providing 360 degrees Intelligence
Delivery through our Knowledge Based Expertise ("KBE"), today
announced that its Energy and Sustainability Division has been
engaged for an engineering, procurement, and construction (EPC)
project for four 500 Kilowatt Green Load Bank (GLB) installations at
the Costa Mesa, CA facility of Schneider Electric (Schneider APC), a
global specialist in energy management products and services. This
innovative project will represent approximately $625,000 in revenue
to Premier Alliance beginning October 23, 2012 and completed by May
"We are very excited to begin working with Schneider Electric and be
a part of this collaboration with Southern California's Energy
Efficiency Incentive Program," stated Rob Davis, Senior Vice
President of Energy Services for Premier Alliance. "The fact that we
were selected by a globally recognized leader in energy management
and conservation is a testament to the industry knowledge and
expertise Premier Alliance engineers bring to the table for all our
customers. This bodes extremely well for our value proposition to
become a rapidly growing solutions provider in the emerging energy
and sustainability sector."
Industrial load banks are used to do load testing on electrical power
sources by mimicking the operational "real" load that power source
will see when put into use. The load banks being designed for this
project are considered green because they are regenerative and will
return a large percentage of the power back to the source rather than
simply dissipating it.
Premier Alliance will assemble a team to work with Schneider APC to
assist with engineering, procurement and construction of all four 500
Kilowatt Green Load Banks designated for the research area to be used
for testing Schneider Electric products. In addition, partial funding
for the project will come from Southern California Edison's Energy
Efficiency Incentive Program.
About Premier Alliance Group, Inc.
Premier Alliance Group, Inc.
(OTCQB: PIMO) provides Knowledge Based Expertise ("KBE") through its
strategic advisory, services, and solutions delivery capabilities.
The firm provides 360 degrees Intelligence Delivery -- a holistic
approach to meet client objectives -- through our Professional
Services and Solutions Groups. Our focus is in the following
industries today; Energy, Financial Services, Life Science and
Biotechnology, Government, and Technology. We currently have two
major delivery verticals of Finance and Energy capabilities driven by
increased regulations and energy mandates crossing many industries.
Our financial service deliveries encompass Governance, Risk &
Compliance (GRC), Business Performance & Technology, and Finance &
Accounting as we assist clients with Risk Management, Compliance,
Mergers & Acquisitions, Organizational Effectiveness, Project
Management, and Information Management. Our Energy capabilities
position us as a leading provider of energy efficiency and
sustainable facilities solutions. This includes the design, engineer
and install of disparate solutions and technologies that enable
clients to reduce their energy costs and carbon footprint. Premier
Alliance is headquartered in Charlotte, NC. For more information,
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materially from any forward-looking statements contained in this
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Alliance Advisors, LLC
Founder and President
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