LiteOwl(TM) From Premier's Patented E-Series Demonstrates Energy-Saving
Technology for Streetlights to City of Moreno Valley
Mass Production of Award-Winning Technology Is Now Available for
Market of 70 Million Streetlights in the U.S.
TUSTIN, CA -- (Marketwired) -- 07/09/14 -- Premier Holding Corp.
(http://www.prhlcorp.com) (OTCQB: PRHL) (the "Company"), an energy
reseller in deregulated markets and provider of energy efficient
solutions, announced that Muni-Fed Energy, Inc. ("Muni-Fed"), its
strategic partner for municipalities, has delivered 1,300 of its
award-winning LiteOwl(TM) energy-savings devices specifically
designed for streetlights to the City of Moreno Valley, Calif. The
LiteOwl is a small device that simply plugs into the top of a
streetlight and saves over 25 percent of the power to operate
existing lights without retrofitting. LiteOwl(TM) received the Top
Product Award from Building Operating Management Magazine in 2012, a
100 percent reader-selected award.
Fulfillment of this delivery to Muni-Fed to benefit the City of
Moreno Valley signifies the beginning of mass production and
distribution of this innovative technology. Through its manufacturing
partner, Probe Manufacturing, the product is now available for orders
and delivery nationwide. Interested parties should contact Muni-Fed
Energy at www.munifedenergy.com or call (949) 204-0893 for more
information or orders for this product or other E-Series lighting
Randall Letcavage, CEO of Premier Holding Corp., stated, "We are
extremely pleased to see our partners at Muni-Fed producing these
results in the municipal market. We estimate that there are now over
70 million streetlights in the U.S. that are a great fit for LiteOwl,
and through Muni-Fed's efforts great work, we see proof that this
product is becoming a viable, cost-effective alternative in the
lighting efficiency arena."
The decision for this order was based on clear power-saving results
from a previous order of another E-Series product. Muni-Fed
previously accepted delivery of 178 of the patented E-Series(TM)
modules for the city's intersection lights. Each intersection has
four large HID lights that are controlled by one simple E-Series
module. These modules also provide savings of over 25 percent of the
power to operate those lamps. Between these two products, Premier's
patented technology can provide the complete solution for all
municipality street lighting efficiency needs.
Premier's E-Series technology is the basis for some of the most
energy-efficient lighting control products within the industry for
existing HID lamps, providing reliable, cost-effective solutions with
a typical 25 percent-plus energy savings. The products based on this
technology include the E-Series(TM) (energy conservation modules for
commercial and industrial buildings, high bay indoor and high mast
outdoor lighting), LiteHawk(TM) (energy-saving lighting controls for
strings of street lights, parking lot lights and lighted outdoor
media signage) and LiteOwl(TM) (energy-saving lighting controls for
an individual street light with a standard photocell). These products
allow lighting users to enjoy significant reductions in their energy
consumption without the high degree of complexity, cost and risk
often associated with new and ever-changing lighting retrofit
strategies. Existing high-output HID lamps remain the product of
choice for their specific applications. This technology makes these
high-performing, time-tested and reliable lamps even more efficient.
These lighting controls are elegant, cost-effective, reliable
upgrades to existing lighting systems.
About Premier Holding Corp.
The Company provides financial support and management expertise,
which includes 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 and that can be
seamlessly integrated and utilize the overall economics of such
products and services for the benefit of its customers. Through
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
About Muni-Fed Energy, Inc.
Muni-Fed Energy engages in renewable energy development (solar, wind,
waste to energy) energy efficiency integration, clean technology
consulting and financing. The company serves federal, municipal and
commercial clients. Its team's experience and diverse capabilities
allows them to take on challenging projects in a variety of locations
ranging from commercial sites, hospitals, schools, universities and
government facilities to utility-grade clean energy projects.
Muni-Fed works as a comprehensive partner to its clients, from
project discovery all the way through to finance and development.
They align with strategic partners to deliver effective technologies
and services to address energy supply, energy demand, infrastructure
and financing solutions.
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.
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