SOURCE: Premier Holding Corporation

March 06, 2013 16:40 ET

Premier Holding Corporation Is Pleased to Announce That Mark Link Has Joined the Executive Team of The Power Company USA, LLC (TPC), a Subsidiary of PRHL, as Vice President

TUSTIN, CA--(Marketwire - Mar 6, 2013) - Premier Holding Corporation (OTCQB: PRHL) announced today the addition of Mark Link to the executive team of The Power Company USA as vice president. Link is a seasoned professional with a track record of success in the deregulated power arena. Link has procured in excess of 600 clients in his first month during a brief beta test.

According to PRHL's president, Randall Letcavage, "Now that Mark has joined the TPC team to devote his talents and resources to build the call center division, TPC expects to acquire an additional 1,000 residential clients per month through these new call centers, adding to the current production which is averaging 1,000 residential homes per month. This would bring our current run rate up to 24,000 homes per year. The industry currently values this type of asset from $600 to $1,500 per home. We believe that with Mr. Link's help, PRHL's subsidiary, The Power Company, will double its business over the next 12 months. Mark's leadership will also have a tremendous impact in recruiting and acquiring power resellers, brokers and call centers which is expected to develop significant and consistent growth in TPC's enterprise value."

Bolstering Link's efforts are the efficient technology (energy portal) and streamlined processes that TPC has built for its call centers. "[These processes] employ a scalable method for client acquisition and allow TPC to connect with vast numbers of residential clients by offering them simple choices that lower their electrical expenses," said Link. This call center growth will augment the success TPC has achieved with its door-to-door residential team that has previously helped launched sales campaigns and open up new territories for some of the largest energy suppliers in the United States. 

Link has more than 20 years experience in call center management and has previously built and managed call centers focused on telecommunications. He began managing telephone sales operations for telecommunications companies shortly following the industry deregulation.

Link says, "Knowledge is power when it comes to deregulated energy." Link looks forward to working with The Power Company to inform new customers about their power options, and to exponentially grow TPC's client base.

About Premier Holding Corp. (PRHL)
The Company provides financial and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. The Company's strategy is to acquire clean technology companies and/or green products and services that are accretive and that 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. For more information visit: www.prhlcorp.com.

About The Power Company (TPC)
The Power Company USA, LLC is a professional energy services firm offering brokerage and consulting services with a progressive and unique perspective on energy management based in Chicago, Illinois. Their mission is to assist companies in reducing and managing their electricity expenses. Their diverse portfolio of providers, transparent pricing, and unparalleled industry experience offers customers the freedom of exploring all of their options when it comes to choosing the best plan and provider. Operating in all currently deregulated states, including Texas, New York and Illinois, TPC and its partners/suppliers have provided an invaluable service to more than 5 million clients. Their team has consulted and/or serviced such prominent companies, organizations and governmental entities such as: The City of Dallas, Choice Hotels, Apex Hospital Systems, Mercedes Dealerships, Leona's Restaurant Group, McDonald's, and many others. Because of the large amount of business transacted and their long-standing relationships with Regional Energy Suppliers, TPC is assured to provide the most competitive prices in the industry. For more information visit: www.thepowercompany.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.