ALISO VIEJO, CA--(Marketwire - Jun 28, 2012) - WEPOWER Ecolutions Inc. (the "Company"), a wholly owned subsidiary of Premier Holding Corp. (
"As our world energy demand increases by 35 percent by 2030, we are faced with supply versus demand. WEPOWER Ecolutions offers solutions that create a natural and profitable alternative," said Kevin Donovan, CEO of WEPOWER Ecolutions Inc. "We are very pleased to be working closely with Energyas executing to our expansion plan in Mexico with our best-of-breed clean technology portfolio. Our timing should be well served due to the economic needs of costs savings, energy savings and increased energy production requirements in Mexico. Electricity rates in Mexico at a minimum are 6 percent higher than U.S. rates with an 8 percent annual inflation rate. Together with Energyas, WEPOWER is committed to helping corporations and municipalities in Mexico meet their energy needs."
Energyas Tecnoverdes S.C. is a preferred contractor in Mexico. With WEPOWER Ecolutions, Energyas is promoting and distributing WEPOWER solar, wind, lighting efficiency systems, lighting controls, refrigeration, HVAC and other ecolutions into their existing client base which includes a big box retailer with over 500 locations in over 130 cities in Mexico.
About WEPOWER Ecolutions Inc.
WEPOWER is a U.S. energy service company (ESCO) based in the Los Angeles area that offers 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. WEPOWER's business is focused as an integrator of clean-technology solutions in the U.S., with strategic expansion plans in Latin America, Asia and Europe. WEPOWER's core business delivers green solutions, branded specifically as WEPOWER "ecolutions," which include best-of-class alternative energy technology portfolio in wind turbines, solar PV power systems, green roofs, smart lighting controls, LED lighting, refrigeration systems and filters, battery storage systems, eco-friendly HVAC motors, energy and power control management systems, fuel reduction solutions for transportation and other clean technologies specific to its markets. 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. www.wepowereco.com
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, to its current subsidiary, WEPOWER. The Company also intends to acquire clean technology companies and/or green products and services that are accretive and that can be seamlessly integrated into WEPOWER, and utilize the overall economics of such products and services for the benefit of WEPOWER. For more information visit PRHL Investors Relations: www.wepowereco.com/prhlcorp
About Energyas Tecnoverdes S.C.
Energyas Tecnoverdes S.C., a Mexico company, offers solutions to save energy or generate energy to Promote environmental solutions & represent the most efficient and economically viable of the world from Mexico ; capacity consist of installation & eco-construction for projects for retail, manufacturing, distribution and construction projects for Mexico clients which include high profile business that consume mass amounts of energy.
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.