SOURCE: WEPOWER

WEPOWER

August 28, 2012 11:23 ET

WEPOWER Ecolutions Signs Clean Miles®, Carbon Offsets Licensing Agreement

WEPOWER Ecolutions Signs Exclusive Licensing Rights Agreement With MTF GmbH & Co. KG, of the Federal Republic of Germany, for North and South Americas to Market, Promote, Sell and Sublicense the Proprietary Carbon Reduction System, CleanMiles® Loyalty Rewards Program, That Allows Participants to Offset Carbon Footprints

ALISO VIEJO, CA--(Marketwire - Aug 28, 2012) - WEPOWER Ecolutions Inc. (the "Company"), a wholly owned subsidiary of Premier Holding Corp. (OTCQB: PRHL) (PINKSHEETS: PRHL), an energy service provider and integrator of clean energy solutions ("WEPOWER"), is very pleased to announce the signing of an exclusive licensing agreement with MTF GmbH & Co. KG to market, promote, sell and license the innovative and proprietary Clean Miles® Loyalty Rewards Program that allows participants of the program to offset carbon footprints for every dollar spent on certain purchases. Through this licensing agreement, WEPOWER has secured all rights to utilize all trademarks, trade names, logos, the website URL cleanmiles.com, insignias, trade dress and all other proprietary trade designations. WEPOWER has targeted Clean Miles® partners and licensees in specific licensing categories, and with prospective customers, for the patented program within financial institutions, airline travel, petroleum, c-stores, railroad, hospitality, clean technology, eco-trade, eco-industry, retail chain stores, transportation, motorsports, bicycles and scooters, telecommunications, health, and fitness and athletic apparel.

"Clean Miles® Customer Loyalty Program is an entirely completed carbon offsets program, and where relevant, we will incorporate the brand as an overlay across our portfolio of renewable energy and energy efficiency products, and license to other green product companies," said Kevin Donovan, CEO of WEPOWER Ecolutions Inc. "Clean Miles® program is designed for customers' loyalty whereby everything flows from purchase to climate protection. It provides discounts from partner companies, bonus points from CleanMiles®, and partners' investments in eco-friendly energy projects. We are very grateful and thrilled to have this remarkable opportunity with MTF."

The advantages of the Clean Miles® program for WEPOWER partners include the evidence of corporate responsibility, strengthening a company's reputation with its customers and other important stakeholders, strong and long-term customer loyalty, reduction of carbon-footprint via certification and establishing a role as a first-mover in a forward-looking initiative. The advantages for customers include an active contribution to climate protection, unique opportunities to participate in renewable energy projects, significant reduction in CO2 emissions, and being initiators of new climate protection projects.

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. For more information visit us at: 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

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.