Premier Alliance Group Announces $400,000 Contract With a Southern California Sanitation District for Startup and Commission of 30 Megawatt Co-Gen Power Plant

CHARLOTTE, NC--(Marketwire - Jul 23, 2012) - Premier Alliance Group, Inc. (OTCBB: PIMO) a professional services company focused on business and technology advisory and consulting services and solutions, today announced that its recently acquired energy division GreenHouse Solutions has been awarded a $400,000 contract to provide engineering, design and documentation services in support of the re-commission of a co-gen power plant for the sanitation district.

The currently underutilized power plant consists of three 10 Megawatt turbine generators and a recently installed heat recovery steam generator and steam turbine. Premier was selected to provide all the necessary engineering and programming to make the partially dormant facility fully operational, including:

• Implement supervisory control and data acquisition (SCADA) system
• Verify and update existing programming
• Develop operating and maintenance manuals
• Functional testing of all instrumentation of the system
• Complete facility operator training curriculum
• Overall power plant optimization

"Management is excited to have been selected for this $400,000 power plant re-commission contract," stated Rob Davis, Senior Vice President of Energy Services at Premier Alliance. "Designing and implementing energy management systems that efficiently integrate a variety of components, regardless of the manufacturer, falls squarely in our area of expertise. After years of providing similar services to numerous municipal and county utility agencies, we have built a team of experts and refined our strategy to provide the most efficient and professional service within each project. Our unique engineering talent and reputation for undertaking difficult forensic engineering projects such as this will allow us to garner more projects in the energy space."

About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. (OTCBB: PIMO) is a strategic advisory and consulting firm focused on providing 360° Intelligence Delivery services and solutions through our Knowledge Based Expertise ("KBE"). We provide clients our KBE offering 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.