Premier Alliance Group, Inc. Announces New Client Wins

CHARLOTTE, NC--(Marketwire - Aug 8, 2011) - Premier Alliance Group, Inc. (OTCBB: PIMO), a professional services company focused on business and technology consulting, announced that its San Diego office had recently gained new Governance Risk & Compliance clients and engagements.

Mark Elliott, President of Premier, said, "We continue to have good success in providing expertise related to Sarbanes Oxley efforts with existing clients as well as adding new clients that need to meet the regulatory requirements. Our success continues to reinforce our strategy of a right sized approach which leverages our knowledge based expertise in specific sectors including biotechnology and medical devices."

Some of the new business wins include:

• Sarbanes Oxley implementation for a publicly listed medical device company; REVA Medical is an innovative medical device company that utilizes its proprietary coronary stent design and bioresorbable polymer technologies to develop products that improve the treatment of disease and advance patient care.
  
  
• Sarbanes Oxley implementation for a biopharmaceutical company; Regulus Therapeutics Inc. is a biopharmaceutical company leading the discovery and development of a new class of high-impact medicines based on microRNAs.
  
  

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.

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