ALISO VIEJO, CA — (Marketwire) — 05/07/12 — (the “Company”), a wholly owned subsidiary of Premier Holding Corp. (OTCBB: PRHL), an energy service provider and integrator of clean-energy solutions (“WEPOWER”), is proud to announce its installation of the WEPOWER Ecolutions Falcon 12kW Vertical Axis Wind Turbine (VAWTs) to 3rd Street Hydroponics, located in Oakland, CA.
“Our alternative energy solutions are helping all types of businesses go green and become energy efficent. From traditional to alternative businesses, such as Sean Taylor–s 3rd Street Hydroponics retail shop near the Oakland BART station at 800 Madison St., consumers are discovering how to produce their own electricity with wind power,” said Kevin Donovan, CEO of WEPOWER Ecolutions Inc. “With the recent installation of our Falcon 12kW Vertical Axis Wind Turbine at Mr. Taylor–s retail store near BART, over 12 million travelers per year can see our clean energy solutions at work.”
Bay Area Rapid Transit (BART) is a rapid transit system serving the San Francisco Bay Area. The heavy-rail public transit and subway system connects San Francisco with cities in the East Bay and suburbs in northern San Mateo County. BART operates five lines on 104 miles (167 km) of track with 44 stations in four counties. With an average weekday ridership of 379,300 passengers, and 309,420 weekend day passengers, BART is the fifth-busiest heavy rail rapid transit system in the United States. The system is being expanded to San Jose with the Silicon Valley BART extension.
WEPOWER is a U.S. energy service company (ESCO) based in the Los Angeles area that offers renewable energy production and energy efficiency products and services to commercial middle-market companies, Fortune 500 brands and 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 expects to deliver green solutions, branded specifically 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.
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.
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 . 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.