SOURCE: Premier Holding Corporation

September 06, 2013 19:01 ET

PRHL Enjoins Anaheim Precision for Mass Production and Client Referrals

Through Its Licensing Agreement With Muni-Fed Energy, PRHL Enjoined Anaheim Precision to Build the E-Series and LiteOwl Products; The Companies Also Entered Into a Client Referral Agreement

TUSTIN, CA--(Marketwired - Sep 6, 2013) - Premier Holding Corp. (OTCBB: PRHL) (the "Company"), today announced the selection of Anaheim Precision Manufacturing (APM) as the manufacturer of its E-Series and LiteOwl energy conservation products for industrial lighting.

This relationship completes the infrastructure for the mass production of the various E-Series modules as well as the LiteOwl which is specifically designed for existing streetlights. The first orders of E-Series modules are in production for various clients at the port of Long Beach, and other high-profile clients in south Orange County. E3, PRHL's energy efficiency products subsidiary, completed R&D on the final module version last year, the 480-volt module, which is one of the products APM is now manufacturing. In addition, APM has now begun the production of the LiteOwl, which saves over 20 percent of the power required to operate existing streetlights. The first customer, the City of Moreno Valley, issued its purchase order this quarter for these units.

APM specializes in the design, development and fabrication of components and assemblies. With over 20 years of industry specific experience, APM has grown and developed a large customer base ranging from commercial to aerospace products. APM is a diverse, vertically integrated corporation serving nearly all sectors of industry. It has positioned itself to take the place of multiple vendors, offering design, sheet metal services, full-service machining, welding, assembly, and finishing -- the complete product. This allows for potentially shorter lead times, lower costs and a higher degree of visibility and communication.

Anaheim Precision is a preferred supplier for such clients as: Goodrich Aerospace, Sikorsky Aircraft Corporation, Rockwell Collins, Raytheon, Boeing, Zodiac, Honeywell International, Parker Aerospace, Eaton Aerospace, Jet Propulsion Laboratory and many others.

The agreement, made through PRHL's license partner, Muni-Fed Energy, includes not only manufacturing, but also access to Anaheim Precisions' client base, which includes the who's who in aerospace manufacturing.

Randall Letcavage, president of PRHL, noted, "This relationship signals the final step in the ability to mass produce our proprietary technology, and will not only assure the best production values for our technology, but it aligns ourselves with Anaheim Precision and their stellar reputation with their clients, opening doors for sales that would otherwise be very hard to come by. Those clients will know that our products are made by the same organization that makes their products."

Joe Puccio, managing partner of Anaheim Precision Manufacturing, added, "We have built, and continue to build, a number of products for Muni-Fed and we are extremely excited about the E-Series and LiteOwl lighting control products. We know the high standards our clients come to expect, and when they hear that we are building these products, they will want to know more about them, and they will feel confident that it will perform as promised. We look forward to a long relationship with Muni-Fed and PRHL."

About Premier Holding Corp.

The Company provides financial oversight and management expertise (which includes green building solutions, clean tech, energy efficiency) and 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, which can be seamlessly integrated, and utilize the overall economics of such products and services for the benefit of its customers. Through subsidiaries and/or divisions, we offer 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. 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.

About Anaheim Precision Manufacturing

Headquartered in Anaheim, Calif., APM is the "one-stop shop" for its clients including many in the Fortune 500. The company holds many industry certifications including: AS9100C: an aerospace developed quality standard. ISO 9001:2008: quality management system, demonstrates that Anaheim Precision is able to consistently provide products that meet customer and applicable statutory requirements thereby meeting or exceeding customer satisfaction, and Nadcap: The National Aerospace and Defense Contractors Accreditation Program, a global cooperative accreditation program for aerospace engineering, defense and related industries. Independent certification of industry manufacturing processes is provided by the Performance Review Institute (PRI). For more information visit: www.anaheimprecision.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.