Premier Alliance Group, Inc., in Partnership With Prime Solutions, Inc. Contracted to Install $3.1 Million in Multi-Megawatt Solar Projects


CHARLOTTE, NC--(Marketwire - May 29, 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 Energy Division - Greenhouse was chosen by Seaboard Solar LLC, of Danbury, Ct. to Engineer Procure and Construct (EPC) $3.1 million in solar projects.

Premier Alliance has entered into a teaming agreement with Prime Solutions Inc., an energy engineering firm in New Milford, Connecticut. The primary focus of the partnership is to provide developers with a sole source for design, engineering and construction of large-scale commercial and municipal solar installations nationwide.

"I couldn't be more pleased with the partnership between Prime Solutions and Premier Alliance," said William May, CEO of Prime Solutions. "This is the perfect next step in our relationship and is just the precursor of what's to come."

"We're very excited to see these projects coming to fruition," said Stuart Longman, Owner of Seaboard Solar. "Premier and Prime Solutions are delivering a complete turn-key solution and we look forward to many more developments in the coming months."

Seaboard Solar has been building and managing commercial solar projects for years. They are one of the oldest and most active solar developers on the East Coast.

"These kinds of large-scale energy projects were a critical factor in our decision to acquire GreenHouse," commented Mark Elliott, CEO of Premier Alliance. "Only together are we capable of delivering on these kinds of efforts and I couldn't be happier that it's happening so soon after the acquisition was complete."

About Premier Alliance Group, Inc.
Premier Alliance (OTCBB: PIMO) is a leading provider of business and technology advisory and consulting services and solutions. 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's Greenhouse division is a leading provider of energy efficiency and sustainable facilities services and solutions. The division designs, engineers and installs disparate solutions and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial and industrial markets. Premier Alliance is headquartered in Charlotte, NC. For more information, visit www.premieralliance.com.

About Prime Solutions Inc.
Prime Solutions, Inc. is an energy engineering firm providing utility infrastructure design and turnkey energy efficiency and distributed generation projects to energy intensive facilities in manufacturing, institutional and commercial markets throughout North America. An independent, single-source solutions provider, PSI uses complete project lifecycle analysis to plan, design, build, expand and upgrade as well as renovate, retool, and modernize complex energy infrastructures. PSI's mission is to use comprehensive, end-to-end energy solutions to transform the way organizations manage their energy infrastructures.

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:

Contact:
Investor Relations
Jeff Ramson
ProActive Capital Resources Group
646-863-6341
jramson@proactivecrg.com