SOURCE: Premier Holding Corporation

Premier Holding Corporation

August 09, 2016 07:00 ET

Premier Holding Corporation Announces Strategic Partnership With Lacy Construction to Pursue Government Contracts

TUSTIN, CA--(Marketwired - Aug 9, 2016) - Premier Holding Corporation (OTCQB: PRHL), today announced that its subsidiary Energy Efficiency Experts (E3) has entered into a strategic alliance with Lacy Construction to expand its target market into the government contracts arena.

Energy Efficiency Experts, which provides energy efficiency technologies and services for the entire building envelope for commercial and industrial clients, has been building a strategic plan to target government (public and private) contracts for lighting and efficiency projects and has determined the best, most efficient approach is to team up with the members of its Professional Services Program to provide strong proposals with greater combined resources. Lacy Construction is the first such strategic alliance. As previously reported, Energy Efficiency Experts has developed a program whereby it supports electricians, general contractors, architects, etc., so they can off-load the very complex and every-changing task of designing, specifying and sourcing lighting. This new approach expands that relationship whereby the companies team up as partners to go after contracts that require greater resources and have commensurate revenue.

Lacy Construction is renowned in Southern California for believing in maintaining a culture of high expectations. They establish close personal and business relationships, while being flexible and responsive. Much of their business comes from repeat customers, which is evidence that they stand behind their commitment to provide quality service and enhance their client's experience. Their employees and sub-contractor team understand the importance of timely completion, quality work, and safe operations. Lacy Construction's safety record is one of the best in the industry.

President of Lacy Construction, Chris Lacy said: "We have been outspoken advocates for the team at E3 and can attest to their excellent work. We look forward to increasing our business interaction with them even further. This expansion of our relationship is an obvious, and we hope profitable, next step in our ever-growing businesses. Our experience with government both public and private contract opportunities and E3's xperience in lighting should benefit both our businesses substantially.

Chairman and CEO of Premier Holding, Randall Letcavage added: "This is yet another way that we can scale up the growth of this subsidiary. We believe this approach for E3 combined with previously announced programs, should continue to make this company differentiate and prosper in this competitive market."

About Premier Holding Corporation
Under the corporate motto, "Everything Energy", Premier is an energy holding company focused on acquiring and integrating energy companies as synergistic subsidiaries. The Company accumulates residential and commercial clients in deregulated markets from all subsidiaries and cross sells energy and energy efficiency products and services including LED lighting, energy management systems, smart home technology, and more, maximizing profit potential and minimizing cost of client procurement. In addition, Premier Holding provides top line management and financial support, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. Additional integrated business offerings include direct energy services as power purchase agreements (PPAs), energy financing and leasing of generation programs in urban and rural real estate environments, lighting efficiency systems and refrigeration systems. For more information, visit PRHL Investors Relations www.prhlcorp.com.

About Lacy Construction
Lacy Construction has been a leading general contractor in Southern California for 35+ years. Their capabilities are diversified, ranging from commercial and industrial construction to high technology, controlled environments, clean rooms, cold storage, laboratories, tenant improvement, industrial plant processes, and complete facility relocations. The company's strength is the ability to provide personalized service and the experience to deliver high quality projects on time and within budget.

About Energy Efficiency Experts (E3)
E3 is an Energy Services Company (ESCO) formed by PRHL to provide the best of breed solutions to its clients by utilizing proprietary technologies and high level industry relationships. By maintaining a "product agnostic" approach, E3 will prescribe the best solution for the unique circumstances of its clients after careful survey and analysis. Through its ever-growing acquisitions and alliances, E3 strives to provide the most current, and fully-vetted solutions in energy generation and energy reduction technologies, such as LED lighting, HVAC, Metering and Smart Building technologies, as well as management tools which capture the client for future opportunities. For more information visit: www.e3energyexperts.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 athttp://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.

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