SOURCE: Premier Holding Corporation

July 09, 2014 08:00 ET

LiteOwl™ 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 - Jul 9, 2014) - Premier Holding Corp. ( (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™ 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™ 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 or call (949) 204-0893 for more information or orders for this product or other E-Series lighting control products.

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™ 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™ (energy conservation modules for commercial and industrial buildings, high bay indoor and high mast outdoor lighting), LiteHawk™ (energy-saving lighting controls for strings of street lights, parking lot lights and lighted outdoor media signage) and LiteOwl™ (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 Relations:

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 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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