ALISO VIEJO, CA--(Marketwire - Jul 23, 2012) - Premier Holding Corp. (
After a 31-year Naval career, which included command of the Eisenhower Battle Group during Operation Desert Shield and Superintendent of the U.S. Naval Academy, Adm. Lynch retired from the Navy with the rank of Rear Admiral in 1995. He now serves several private and publicly-held companies: He chairs the board of New Day USA, a mortgage lending company focused to provide VA/FHA loans to our military veterans, and is a board member of PRWT Services, Mikros Systems and Buckeye Insurance. As well, he chairs the U.S. Naval Academy Athletic and Scholarship Foundation, is on the boards of the Armed Forces Benefit Association, Philadelphia Sports Congress, Philadelphia Convention and Visitors Bureau, Catholic Leadership Institute, Economics Pennsylvania, and USO World Board of Governors. He has served as chairman of the Cradle of Liberty Council, Boy Scouts of America.
"On behalf of our companies and shareholders, it is truly an honor and a very distint privilge for me to be announcing the addition of Adm. Lynch to our PRHL board of directors," said Kevin Donovan, CEO and president of Premier Holding Corp. "Adm. Lynch's career in Naval and sports leadership, along with his business achievements, are volumous. Adm. Lynch is not only a remarkable leader, he is a world-class human being whose life has been dedicated to helping countless people and businesses within communities have fair opportunities to develop and grow. As managing director of The Musser Group, Adm. Lynch is able to identify and have access to potential key strategic partners, M&As, joint venture opportunities, synergistic technologies, projects and capital investment for PRHL and WEPOWER."
"I am very pleased to join the board of Premier Holding Corp. and I'm looking forward to assisting Kevin Donovan and the management teams at PRHL and WEPOWER Ecolutions to build upon their business model of making efficient, clean-energy technology solutions an affordable option for businesses, institutions and governments throughout our world, while protecting our environment," said Adm. Thomas C. Lynch. "There's an excellent fit and synergies between my current activities, businesses and organizations that I'm involved with, and the products and services that PRHL and WEPOWER are offering."
Adm. Lynch is currently a managing director of The Musser Group, a private equity/venture capital firm in Philadelphia, and a managing director of Jones Lang LaSalle. Prior to that, he was a senior vice president of The Staubach Company since 2001, following six years at Safeguard Scientifics, which included two years as president/COO of CompuCom Systems in Dallas, Texas. While at Safeguard, he was responsible for the operations, mergers and acquisitions, and oversight of other emerging partnership companies.
Adm. Lynch graduated from the U.S. Naval Academy (B.S.) in 1964 and earned an M.S. from George Washington University in 1971. He was recognized as a U.S. Naval Academy Distinguished Graduate in 2010.
About Premier Holding Corp.
The Company provides financial and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies, to its current subsidiary, WEPOWER. The Company also intends to acquire clean technology companies and/or green products and services that are accretive and that can be seamlessly integrated into WEPOWER, and utilize the overall economics of such products and services for the benefit of WEPOWER. For more information visit Investor Relations at:
www.wepowereco.com/prhlcorp
About WEPOWER Ecolutions Inc.
WEPOWER is a U.S. energy service company (ESCO) based in the Los Angeles area that offers 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. WEPOWER's business is focused as an integrator of clean-technology solutions in the U.S., with strategic expansion plans in Latin America, Asia and Europe. WEPOWER's core business delivers green solutions, branded specifically as WEPOWER "ecolutions," which include best-of-class alternative energy technology portfolios in wind turbines, solar PV power systems, green roofs, smart lighting controls, LED lighting, refrigeration systems and filters, battery storage systems, eco-friendly HVAC motors, energy and power control management systems, fuel reduction solutions for transportation and other clean technologies specific to its markets. Additional integrated business offerings include direct energy services as power purchase agreements (PPAs), energy financing and leasing of solar- and wind-powered generation programs in urban and rural real estate environments, lighting efficiency systems and refrigeration systems. For more information visit us at: www.wepowereco.com
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 http://www.sec.gov. 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.