SOURCE: Premier Holdings Corporation

Premier Holdings Corporation

April 30, 2012 15:36 ET

WEPOWER Ecolutions Signs Agreement With One of the Largest Engineering and Construction Companies in China

WEPOWER Ecolutions Signs Agreement With MCC Capital Engineering Technology Co., Ltd. for Sales, Distribution and Development of Renewable Energy Products

ALISO VIEJO, CA--(Marketwire - Apr 30, 2012) - WEPOWER Ecolutions Inc. (the "Company"), a wholly owned subsidiary of Premier Holding Corp. (OTCBB: PRHL), and Integrator of Clean Energy Solutions, is proud to announce the signing of a Memorandum of Understanding Agreement with MCC Capital Engineering Technology Co., Ltd. ("MCC") to become the marketing, sales and distribution agent for each other's renewable energy products including the sales of a new hybrid vertical axis wind turbine ("VAWT"), solar and LED integrated street light system and the development and worldwide sales of new 30kW to 50kW medium sized VAWTs.

"We are thrilled to have formed this strategic relationship with MCC to sell, distribute and work together on further renewable energy production and energy efficient products to help evolve the renewable energy industry," said Kevin Donovan, CEO of WEPOWER Ecolutions. "MCC has a vast amount of expertise, resources and best of class green products which we will integrate into several opportunities."

About MCC Capital Engineering Technology Co., Ltd.
MCC Capital Engineering Technology Co., Ltd. was formed in 2003 by the Beijing Iron and Steel Research Institute in accordance with national policies and requirements and is a subsidiary of Metallurgical Corporation of China Limited one of the top 25 largest companies in China. MCC Capital Engineering Technology Co., Ltd. is a state-owned international engineering company. In recent years, annual revenues are more than ten billion Yuan or $1.58 Billion USD. In 2008, it ranked first among the top one hundred, in China's national survey and design industry. Wind Power is the main business segment and the business scope involves: wind turbine and component manufacturing and wind power project contracting. It can engage in the design, construction, equipment supply, installation and set-up testing until it reaches the appraisal standards. It manufacturers wind turbine housing, generators and nacelle components in the sizes from 1.5 MW to 3.0 MW for Sinovel, Trinity Electric, CNR wind power and other manufacturers.

About WEPOWER Ecolutions Inc.
WEPOWER Ecolutions is a U.S. based "Energy Service Company" (ESCo) in the Los Angeles area that offers renewable energy production and energy efficiency products and services to commercial middle market companies, Fortune 500 brands, developers and management companies of large scale residential developments. WEPOWER Ecolutions business is focused as an Integrator of Clean Technology Solutions in the U.S. market with strategic expansion plans in Latin America, Asia and Europe. The core business expects to deliver green solutions, branded specifically by the business as WEPOWER "ecolutions," which include best of class alternative energy technology portfolio in wind turbines, solar power systems, green roofs, smart lighting controls, LED lighting, battery storage power plants, energy and power control management systems, fuel reduction solutions for transportation and other clean technologies specific to its market. Additional integrated business offerings will 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.

About Premier Holding Corp.
Premier Holding Corp. is a Nevada corporation, publicly traded (OTCBB: PRHL) as the Parent Holding Corporation with its first operating subsidiary, WEPOWER Ecolutions Inc. ("WEPOWER Eco"), a Delaware corporation. Premier Holding Corp. provides financial and management expertise which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies and to its current subsidiary WEPOWER Eco and other future subsidiaries. The Company intends to acquire clean technology companies and/or green products and services that are accretive and can be seamlessly integrated into its subsidiary and utilize the overall economics of these products for the benefit of its subsidiary.

Premier Holding Corp. Safe Harbor
This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.