SOURCE: Premier Alliance Group, Inc.
CHARLOTTE, NC--(Marketwire - Sep 11, 2012) - Premier Alliance Group, Inc (OTCQB: PIMO), a strategic advisory and consulting firm focused on providing 360° Intelligence Delivery services and solutions through our Knowledge Based Expertise ("KBE"), today announced that its Energy and Sustainability Division has been engaged to implement Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program for a leading manufacturer and supplier to the global aircraft industry.
The scope of the project includes installation of control systems that will allow the safe and systematic shutdown of heavy facility equipment such as electric ovens, an electric autoclave, and vacuum pumps, as well as, manage air handling unit (AHU) fan speeds throughout the facility all based on pricing and performance signals from SCE. Premier Alliance has identified over $144,000 of incentives from SCE that will be applied towards enabling Auto-DR. Once installed and operational, SCE will be able to call upon this facility to voluntarily load shed up to 480 kW of electricity during peak usage periods.
"This is another big win for our Energy and Sustainability Division and a testament to the credibility and brand we have built in providing strategic services in the energy sector," stated Rob Davis, Vice President of Energy Services for Premier Alliance. "Through Southern California Edison's Auto-DR programs, we provide site assessment, feasibility studies, project development, engineering, and installations of enabling technologies. There are several benefits for our client once the demand response technology has been implemented. Not only will the installation generate cost savings, but the program will provide an additional revenue source when SCE calls upon them to shed the electrical load. Likewise the utility benefits as well from the management of energy consumption. We are uniquely positioned to work closely with the utility and customer differentiating ourselves from our competition. We believe that Premier has been positioned as a leader in this fast growing industry."
About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. (OTCQB: PIMO) provides Knowledge Based Expertise ("KBE") through its advisory, consulting, and solutions delivery capabilities. The firm focuses on providing 360° Intelligence Delivery -- a holistic approach to meet client objectives -- through our Professional Services Group and our Energy and Sustainability Solutions Group. Our focus is in the following industries today; Energy, Financial Services, Life Science and Biotechnology, Government, and Technology. Our Professional Services Group 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. The Energy and Sustainability Solutions Group is a leading provider of energy efficiency and sustainable facilities solutions. The division designs, engineers and installs disparate solutions and technologies that enable its clients to reduce their energy costs and carbon footprint. Premier Alliance is headquartered in Charlotte, NC. For more information, visit www.premieralliance.com.
Safe Harbor Statement
Certain information contained in this press release may be forward-looking. Actual results might differ materially from any forward-looking statements contained in this press release. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of Premier Alliance Group to be materially different from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking.