News | April 24, 2014

Premier Alliance Announces Agreement With Power Generation Services

Ability to integrate solutions, including cybersecurity, is key to agreement

New York /PRNewswire/ - Premier Alliance Group Inc. (OTCQB: PIMO) announced it has signed an agreement with Power Generation Services Inc. (PoGens) to provide fully integrated solutions to clients who want to monetize back-up power generation assets by participating in ISO-sponsored Demand Response Programs.

These programs, which allow customers to reduce operating costs and improve asset management capabilities, resilience and the ability to quickly respond to events, are the latest in a series of transactions enhancing Premier Alliance as a leading provider of cybersecurity, energy and business advisory solutions.

"This agreement provides a tremendous opportunity for Premier Alliance to serve a critical customer base in the energy sector," said Premier Alliance CEO Kent Anson. "This is another example of how Premier Alliance can bring comprehensive integrated solutions to clients and business partners across multiple sectors."

Under terms of the agreement, Premier Alliance will deliver tailored Backup Power Utilization Programs, based on PoGens' asset maintenance, management, response and proprietary software platforms that comply with new federal Environmental Protection Agency filing requirements. PoGens, based in Raleigh, N.C., is a turnkey provider of managed energy services for distributed generation and distributed energy resources to commercial customers in North America.

Anson noted that Premier is making a particular impact in the area of cybersecurity for key government and Fortune 500 clients, through its wholly owned subsidiary root9B. Recently, root9B entered into an agreement with a major multinational corporation to supply comprehensive cyber training and protection: http://boeing.mediaroom.com/index.php?s=20295&item=129048

"By adding a cybersecurity component to our suite of services, we're helping our clients in energy, banking and many other sectors to meet the challenge of cyber-attacks head on," Anson said.

In addition, root9B has been selected to develop and lead high-level cyber defense workshops sponsored by the National Institute of Building Sciences, scheduled for May 27-28 in Washington, D.C. For more information on the workshops, link to:http://insurancenewsnet.com/oarticle/2014/03/29/institute-workshops-to-focus-on-cybersecurity-of-building-control-systems-a-481762.html

Based in Colorado Springs, Colo., root9B is a leading provider of commercial and government cyber-training programs, software programming and systems analysis, delivered by an expert team of cybersecurity analysts with extensive backgrounds in the U.S. Intelligence community and private enterprise.

Eric Hipkins, root9B's founder and CEO, said the NIBS workshops will demonstrate the value of developing critical building control systems and effective cybersecurity risk management frameworks for commercial and government organizations.

"Providing a comprehensive cyber defense relies not only on solid training programs, but tactical and operational expertise and other resources to stop sophisticated threats," said Hipkins.

About Premier Alliance Group, Inc.:
Premier Alliance Group Inc. (OTCQB: PIMO) is a leading provider of Cyber Security, Energy and Business Advisory Solutions. Headquartered in New York City, Premier Alliance has been delivering results that improve productivity, mitigate risk and maximize profits since 1995. Our clients range in size from Fortune 100 companies to mid-sized and owner-managed businesses across a range of industries, including local, state and federal government agencies. For more information, visit www.premieralliance.com

About Power Generation Services Inc.:
Power Generation Services, Inc. is a turnkey provider of managed energy services for Distributed Generation and Distributed Energy Resources to Market Participants, Municipal Power Agencies, Cooperatives, and commercial customers in North America. PoGens™ provides a complete energy management infrastructure that includes monitoring, control, compliance and dispatch of our customers' emergency generation assets into the North American power markets. In an increasingly complex and changing energy environment, our mission is to leverage our national energy services platform to assist customers in the transition toward cleaner energy and grid stability while enhancing the profitability of their energy assets. See the company's website at www.pogens.com.

SOURCE: Premier Alliance Group Inc.

Copyright 2014 PR Newswire. All Rights Reserved
Newsletter Signup
Get the latest industry news, insights, and analysis delivered to your inbox.
Join your peers