ALISO VIEJO, CA — (Marketwire) — 05/03/12 — (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 first sale and shipment of three new WEPOWER Eco Seahawk2 700w KDS vertical axis wind turbines (VAWTs) to GMS Mining for deployment in their mining operations in Santiago, Chile.
“We are very pleased GMS Mining has purchased our new Seahawk2 KDS wind turbines because of their application to support their business functions,” said Kevin Donovan, CEO of WEPOWER Ecolutions Inc. “GMS wanted to show the green side of mining. We are looking forward to a long-standing relationship with GMS and we–re dedicated to providing exceptional, innovative, renewable energy ecolutions to the mining industry through our entire best-of-class clean-technology portfolio in wind, solar PV, intelligent lightning and smart-control power systems.”
GMS Mining decided to go with the Company–s newly designed and upgraded Seahawk2 KDS due to the wind turbines– high durability and high performance under extreme conditions. All three Seahawk2 KDS power systems are scheduled to be installed next week in GMS Mining–s operations. GMS is a Mining Information Technologies group dedicated to the management of information through the use of wireless technologies with next-generation software and hardware designed as a specific solution for each of their clients. Their services are utilized through underground mining, open-pit mining, and the industrial production process. GMS and Ingentech are partner companies. Ingentech controls the installation and design while GMS handles the engineering and integration of their systems.
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 includes best-of-class alternative energy technology portfolios 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.