Premier Holding Corp. Announces Agreement Between Muni-Fed Energy & Probe Manufacturing to Build Its Proprietary Technology
December 18 2013 - 7:30AM
Marketwired
Premier Holding Corporation Announces Agreement Between Muni-Fed
Energy and Probe Manufacturing to Build Its Proprietary Technology
Muni-Fed Energy Selects Probe Manufacturing to Produce PRHL's
Licensed Technology the E-Series and LiteOwl Lighting Controls
TUSTIN, CA--(Marketwired - Dec 18, 2013) - Premier Holding
Corporation (OTCQB: PRHL) today announced that its patent licensee,
Muni-Fed Energy has selected Probe Manufacturing of Irvine
California to build its proprietary E-Series and LiteOwl
products. "These exceptional energy saving devices for
industrial lights will be made in America with the highest quality
standards and at impressively competitive costs," said Clay
Sandidge, President of Muni-Fed Energy.
Probe will begin immediately on the LiteOwl, the award winning
product designed to save energy for existing streetlights, then
move on to the E-Series and its 5 versions, as well as a custom
build kitted unit specifically to save energy for high mast, high
wattage HID lamps on poles, such as are found in ports and rail
yards.
"The decision to go with Probe was an easy one," said Phil
Bowman, CEO of Muni-Fed Energy. "After seeing their facility, the
clientele, and their business model, there are synergies in every
area of our businesses making this more than a client relationship,
we truly act as partners."
Kam Mahdi, CEO of Probe Manufacturing added, "Our unique
business model is perfect for these products, and bringing
manufacturing back to the United States is an obvious decision that
will not only benefit Muni-Fed Energy and Probe, but ultimately,
their clients who will receive a top quality product at competitive
prices."
"We are thrilled about this agreement," said Randall Letcavage,
President and CEO of Premier. "We brought Probe to Muni-Fed Energy
for their consideration, and we could not be happier that the two
companies formed such a beneficial relationship. Everyone stands to
benefit from it."
The E-Series technology is the perfect efficiency solution for
those clients who have high-bay, or high-mast HID lights, where HID
is currently the most efficient lamp on a lumens per watt basis in
these applications, and a practical cost-effective alternative to
LED. This technology makes these efficient lamps even more
efficient at a fraction of the cost of LED. It simply connects in
front of a bank of HID lamps creating serious savings without
negatively effecting performance.
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.
About Premier Holding Corporation The Company provides financial
support and management expertise, which includes access to capital,
financing, legal, insurance, mergers, acquisitions, joint ventures
and management strategies. The Company's mission is to acquire
clean technology companies and/or green products and services that
are accretive and that can be seamlessly integrated and utilize the
overall economics of such products and services for the benefit of
its customers. Through subsidiaries we offer 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.
Additional integrated business offerings include direct energy
services as power purchase agreements (PPAs), energy financing and
leasing of generation programs in urban and rural real estate
environments, lighting efficiency systems and refrigeration
systems. For more information visit PRHL Investors Relations:
www.prhlcorp.com.
About Muni-Fed Energy Muni-Fed Energy engages in renewable
energy development (solar, wind, waste to energy) energy efficiency
integration, consulting and financing. The company serves federal,
municipal and commercial clients. Its team's experience and diverse
capabilities allows them to take on challenging projects in a
variety of locations ranging from commercial sites, hospitals,
schools, universities and government facilities to utility-grade
clean energy projects. Muni-Fed works as a comprehensive partner to
its clients, from project discovery all the way through to finance
and development. They align with strategic partners to deliver
effective technologies and services to address energy supply,
energy demand, infrastructure and financing solutions.
www.munifedenergy.com
About Probe Manufacturing Probe Manufacturing is a Global
Electronics Design & Manufacturing Services Company providing
Original Equipment Manufacturers with electronics manufacturing
services through its domestic factories in the United States.
Headquartered in Irvine, California, Probe has been serving
industrial, instrumentation, medical, aerospace, defense,
alternative energy, and telecommunication industries since 1994.
Probe's common stock is traded on the OTC Market QB under the
symbol PMFI. Further information is available on Probe's website:
www.probeglobal.com.
For more information contact: Tom Mahoney Green Arrow Consulting
(760) 698-9632 Connie
Absher cabsher@prhlcorp.com (949)
260-8070
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