Premier Holding Addresses Notable Response to Planned Entry Into Power Supplier
Premier Is Impressed by the Industry Response and Provides Further
Details on Its Strategy
TUSTIN, CA -- (Marketwired) -- 07/08/14 -- Premier Holding Corp.
(http://www.prhlcorp.com) (OTCQB: PRHL) (the "Company"), an energy
reseller in deregulated markets and provider of energy efficient
solutions, today provided additional details on its planned entry
into the electrical power industry as an energy supplier. The new
subsidiary named Kratos Power, LLC has been formed to support Energy
Efficiency Experts (E3), another subsidiary of PRHL. It is a limited
liability corporation incorporated in the State of California, but
has yet to transition to becoming a supplier.
When functional as a supplier, Kratos Power will offer competitively
priced electrical power to the existing clients and prospects of E3,
who are and will receive efficiency products and services from this
subsidiary of PRHL. Kratos Power, LLC should not be confused with
Kratos Gas and Power (United Energy Trading dba Kratos Gas & Power,
operating as a retail natural gas supplier in Ohio and Georgia), an
unaffiliated company with which PRHL has no relations.
PRHL is making this move primarily to service its E3 commercial
clients that are concentrated in New York. A backlog of commercial
prospects and clients has demonstrated the need to have an additional
competitive supplier in the New York market. The pace to initiate
this strategic plan is on schedule and additional announcements are
expected as milestones are reached. For further information, please
contact Premier Holding at (949) 260-8070.
About Premier Holding Corp.
The Company provides financial oversight and management expertise
(which includes green building solutions, clean tech, energy
efficiency) and 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, which can be
seamlessly integrated, and utilize the overall economics of such
products and services for the benefit of its customers. Through
subsidiaries and/or divisions, we offer renewable energy production,
ency 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 solar- and wind-powered
generation programs in urban and rural real estate environments,
lighting efficiency systems and refrigeration systems.
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://www.sec.gov. 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.
For more information contact:
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