CHARLOTTE, NC — (Marketwired) — 07/16/13 — Premier Alliance Group, Inc., (OTCQB: PIMO) a leading provider of business performance, compliance and energy management solutions, today announced that its Energy and Sustainability Division has been selected to present at the 2013 World Energy Engineering Congress (WEEC) in Washington, D.C. in September.
A paper authored by Premier Alliance–s engineering team and lead by Rob Davis, Senior Vice President of Energy Services, on the scalability of Demand Response applications was submitted to the Association of Energy Engineers (AEE) during its call for papers for the 2013 WEEC. The paper was accepted and Mr. Davis was asked to present during the event and sit on a discussion panel regarding Demand Response and its impact on the utility industry.
The Demand Response services market was estimated to be in excess of $1.3 billion in 2011, and is expected to grow rapidly according to a leading research firm. Demand Response refers to a rapidly evolving utility application, otherwise referred to as the “smart grid”. It encompasses hardware, software and services, and is catalyzing Premier Alliance–s Energy Services division and should continue to generate strong growth going forward.
The WEEC is a well-recognized annual event for end users and energy professionals in all areas of the energy field. It is the one truly comprehensive forum where you can fully assess the “big picture” and see exactly how the economic and market forces, new technologies, regulatory developments and industry trends all merge to shape critical decisions on an organization–s energy and economic future.
“We couldn–t be more proud of Rob and his team for this outstanding recognition,” said Mark Elliott, CEO of Premier Alliance. “The World Energy Engineering Congress is one of the most important energy related events of the year with both national and international impact. The fact that our paper was selected among all the applicants is yet another testament to our energy team–s outstanding reputation in the industry.”
Premier Alliance Group, Inc. (OTCQB: PIMO) is a leading provider of business performance, compliance and energy management solutions with a focus on results that improve productivity, mitigate risk and maximize profits. The firm provides 360 degrees Intelligence Delivery, a holistic approach to meet client objectives, through our Professional Services and Solutions Groups. We currently have two major delivery verticals, Energy and Operational Risk/Compliance, which are being driven by increased energy mandates and requirements as well as other regulatory requirements which cross several industries. Premier–s Energy capabilities position us as a leading provider of energy efficiency and sustainable facilities solutions. This includes designing, engineering and installing disparate solutions and technologies that enable clients to reduce their energy costs and carbon footprint. Premier–s Operational Risk/Compliance capabilities encompass Governance, Risk & Compliance (GRC) and Business Performance & Technology. Premier Alliance is headquartered in Charlotte, NC. For more information, visit .
Certain information contained in this press release may be forward-looking. Actual results might differ materially from any forward-looking statements contained in this press release. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of Premier Alliance Group to be materially different from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking.
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Investor
Merriman Capital, Inc.
Douglas Rogers
Managing Director