SOURCE: Premier Holding Corporation

Premier Holding Corporation

May 19, 2016 07:00 ET

Premier Holding Corporation Signs Value-Added Reseller (VAR) Agreement With Intellimeter Canada Inc. to Offer Smart Building Technology to Its Customers Throughout North America

TUSTIN, CA--(Marketwired - May 19, 2016) - Premier Holding Corporation (OTCQB: PRHL), announces it has completed the terms of an MOU with Intellimeter Canada Inc. (ICI), for a Value-Added Reseller (VAR) Agreement. This agreement authorizes Premier and its subsidiary, Energy Efficiency Experts (E3), to offer this unique technology as part of its overall "Smart Building" technology solution.

E3 already offers an extensive line of energy efficiency products and services including LED lighting, lighting controls, skylights, window films, motor controls, roofing insulation, to name a few, and adding this time-tested, robust and effective metering technology to its suite of offerings will further enhance E3 and Premier's mission to provide "Everything Energy" to its thousands of satisfied customers.

Designed primarily for commercial/industrial buildings including apartment buildings and hotels, this technology is a natural fit for the corporation's existing and future clientele. Randall Letcavage, President/CEO of Premier said: "We have been examining metering and smart building integration technology for years and we've watched this industry mature. We are most impressed with Intellimeter because it is the best of both worlds... it had been sold to thousands of satisfied customer for twenty-five years, AND they keep on the cutting edge of technological advancements. We are especially impressed with how well it integrates with other technology to provide a comprehensive custom solution for its clients. Having a great technology that has been fully vetted in the field and works seamlessly with other technology is what Energy Efficiency Experts strives to provide its growing customer base."

Intellimeter (ICI) has been providing innovative intelligent metering and energy management products for projects throughout the United States and Canada both for resellers such as E3, and as an OEM for a major electrical systems integrator.

Owner and President of Intellimeter, Warren Beacom added: "I have been very impressed with the vision, strategy and results that I have witnessed at Premier Holding Corporation and Energy Efficiency Experts. I could not be more pleased with this new relationship which I believe will be extremely beneficial to all parties."

About Intellimeter Canada Inc.
ICI has been engineering meters that provide highly accurate energy information to its clients since 1991, allowing them to better monitor and manage their energy resources. Today, the patented technology has been developed into a line of metering solutions that serve both the private and public sectors, in Canada, the USA, and abroad. Our meters provide real time information regarding the tracking of energy thereby promoting conservation, energy accountability, as well as lean property management. ICI is a fully accredited Measurement Canada, testing and sealing facility for electricity meters.

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.

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.

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