Premier Alliance Group, Inc. Announces New Client Win


CHARLOTTE, NC--(Marketwire - Aug 29, 2011) - Premier Alliance Group, Inc. (OTCBB: PIMO), a professional services company focused on business and technology consulting, announced that its Business Performance & Technology practice had recently gained a new engagement.

Mark Elliott, President of Premier, said, "We have worked with Entropic Communications on GRC-based initiatives in the past and are pleased to use our expertise as it relates to technology to service them. Our capability to deliver successfully on key efforts has helped us gain the trust of our clients and has allowed us to utilize our growing base of expertise to help in other strategic ways."

Premier has been engaged by Entropic Communications to perform a Gap Analysis of their current systems and recommend a three-year Information Technology Strategy. Entropic Communications, Inc. (NASDAQ: ENTR) is a leading fabless semiconductor company that is engineering the future of connected home networking and entertainment by providing next-generation silicon and software technologies to the world's leading cable, telco and satellite service providers, OEMs and consumer electronics manufacturers. As a co-founder of MoCA (Multimedia over Coax Alliance), Entropic pioneered and continues to evolve the way high-definition television-quality video and other multimedia and digital content such as movies, music, games and photos are brought into and delivered throughout the home. For more information, visit Entropic at www.entropic.com.

Mark Elliott concluded, "Premier's approach and message is being very well received as our value add allows us to help our clients reduce costs, increase efficiencies and mitigate risk, all key items for business today."

About Premier Alliance Group, Inc.

Premier Alliance Group, Inc. (OTCBB: PIMO) is a leading provider of business and technology advisory and consulting services. Practice 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. Premier Alliance Group is headquartered in Charlotte, NC. For more information, please 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.

Contact Information:

Investor Relations Contact:
Jeff Ramson
ProActive Capital Resources Group
212-792-4321
jramson@proactivecrg.com