SOURCE: Premier Holding Corporation

April 24, 2013 19:34 ET

Premier Holding Corp CEO Randall Letcavage Applauds Board Member Dr. Woodrow Clark II for His Efforts on Earth Day 2013 at Los Angeles City Hall and Support of the Company

TUSTIN, CA--(Marketwired - Apr 24, 2013) - Premier Holding Corp. (OTCBB: PRHL) (the "Company") announced its board member and advocate for on-site power, Dr. Woodrow "Woody" Clark, delivered the keynote vision address at the sixth annual International Environmental Event, entitled: "The Face of Climate Change: Local and Global Perspectives."

Dr. Clark is a Nobel Peace prize recipient and noted industry author, and sits on the board of Premier Holding because he believes the company has a unique approach which encompasses his practical ideals of taking a local approach to reducing energy consumption, replicating that on a large on-site distributed scale. "PRHL has the best strategy of utilizing deregulated energy to springboard to distributed and on-site generation; complementing this with prescriptive energy reduction solutions so that the energy systems are 'agile' or flexible, meaning local unique solutions are applied to local unique problems," he said.

Dr. Clark is working closely with the leadership of PRHL to build programs that help businesses make the best choice in power generation and reducing power consumption. Many industry experts, including giants like Warren Buffet, believe that this shift in how power is provided is a $500 billion market and will be the biggest transfer of wealth in the history of the United States.

The company is excited that Woody is now an active working board member and has helped position PRHL with the recent purchase of The Power Company (TPC) to capture this market and deliver much better solutions that benefit each unique business, consumer, investor, and ultimately, mankind.

The Earth Day 2013 Forum held on Monday, April 22, 2013, at the Los Angeles City Hall was organized by Council Member Tom LaBonge, with Bharat Kris Rao and Muriel Wood (BNARCO) for the Sister Cities with Los Angeles, to explore diverse global perspectives on mitigating climate change. The event gathered experts from the private and public sectors, representatives from a dozen countries, and industry experts to focus on how to move from awareness to action, which was punctuated by the keynote address from Dr. Woodrow Clark.

Dr. Clark's enthusiastically received address pointed out the need for a paradigm change, that every state, country and continent is inextricably interconnected, because the "world is round" and what happens climatically and economically in one community has a dramatic (and devastating) effect on others around the world. In describing the current efforts worldwide to reduce pollution, he cited his forthcoming book, "The Green Industrial (Economic) Revolution," which will be published this year in Chinese (before it is published in the USA,) in order to note that China, the world's No. 1 greenhouse gas polluter, is now investing in its current Five-Year Plan, not merely incentivizing, but building sustainable communities and infrastructure improvements, whereas the US has yet to have even a plan.

Drawing from his current book, "The Next Economics," Dr. Clark illustrated that economists have skewed the meanings of words, symbols and numbers to the point where they "do not mean anything, except support particular preconceived political perspectives." In order to take the necessary next steps to achieve sustainability, and not just inch toward it, economics needs to become a science in itself so that a unified plan with funding that comes from business and government can be developed and deployed. A "qualitative economist," Dr. Clark has a remarkable cross-disciplinary perspective that merges the physical science of climate change with the practical and pragmatic approach of achieving change through the economies of the world. To do so, he says, "An accurate, common definition of terms and goals needs to be established... Not only can we do it, but we MUST do it now for the sake of our children and grandchildren."

About Dr. Clark
Dr. Clark is a long-time advocate for the environment and renewable energy, and an internationally recognized author, lecturer, public speaker and advisor specializing in sustainable communities. He was one of the contributing scientists to the United Nations Intergovernmental Panel on Climate Change (UNIPCC) that, as an organization, was awarded the Nobel Peace Prize in December 2007. In 2004, he founded and now manages Clark Strategic Partners (CSP), an environmental and renewable energy consulting firm. Using his political-economic expertise, Dr. Clark guides and advises public and private clients worldwide on sustainable, smart, green communities of all kinds, ranging from colleges and universities to shopping malls, office buildings and film studios.

About Earth Day 2013
The Earth Day 2013 has been organized by the Los Angeles - St. Petersburg Sister City Committee with the support of multiple Los Angeles Sister City Associations, and is being held in collaboration with the USC Institute of Genetic Medicine (USC IGM) Art Gallery's sixth annual Global Environmental Earth Forum, featuring the "Aging People/Aging Planet" exhibition. The massive challenge climate change presents from both local and global perspectives was addressed. The Earth Day 2013 Forum, with its comprehensive and holistic approach to "The Face of Climate Change" featured concerned experts and distinguished speakers from multiple sectors of government, business, institutions and NGOs, including consuls general and consular officials from multiple Los Angeles consulates. Each speaker offered his and her local and global viewpoints on "The Face of Climate Change." The forum included several interactive sessions to provide a cross-sector exchange of ideas with the hope of identifying potential solutions to the numerous issues surrounding climate change.

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. The Company also intends to acquire clean technology companies and/or green products and services that are accretive and can be seamlessly integrated, and utilize the overall economics of such products and services for the benefit of its customers. Through its various subsidiaries, it offers energy efficiency products and services to commercial middle-market companies, Fortune 500 brands, developers and management companies of large-scale residential developments. Additional integrated business offerings include direct energy services such as power purchase agreements (PPAs), energy financing and leasing of lighting efficiency systems, refrigeration systems and other energy efficiency technologies. Visit www.prhlcorp.com for more information.

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.