TUSTIN, CA - (Accesswire) - October 7, 2013 - Premier Holding Corporation (OTCQB:PRHL) today announced that it has named Lawrence Young as Vice President of Premier Holding Corporation, the parent company of The Power Company (TPC) and Energy Efficiency Experts (E3). Mr. Young was the President of Active ES, the developer of a technology purchased by Premier, and has served as a strategic consultant to PRHL integrating the various business lines, products and services.
President and CEO of Premier, Randall Letcavage stated; “I look forward to working side by side with Larry and our team to continue to build upon our vision. Mr. Young has been phenomenal to work with and has been instrumental in the outstanding progress of the company. We are delighted that he is joining Premier’s executive leadership.”
Mr. Young has over 30 years of consulting, next-stage growth, turn-arounds, international business development, M&A, and sale/marketing experience. He has run operations in Australia, Mexico, as well as the US.
Mr. Young, as President of Active ES Lighting controls, whose technology was acquired by PRHL in July of 2012, took this start up with exceptional technology and spearheaded the redesign of the product from custom units to a modular design, a program continued by PRHL, which resulted in a shorter sales cycle and streamlined manufacturing process. One product, the Lite Owl, received “Product of the Year” award from Building Operations Management Magazine. Mr. Young redesigned the business model through strategic alliances with resellers and manufacturers, which resulted in coast to coast and international expansion and orders of magnitude growth.
Mr. Young was previously President of Infotec Commercial Systems, a national high-level computer training company for engineers and developers. During Mr. Young’s service the company received the highest awards in that industry from Microsoft, Lotus, Novel and others. He was a founding member of Microsoft’s Online Institute (MOLI) which was on the forefront of online training; he saw the company’s expansion from classroom training to online training, and into software development.
Previously Mr. Young was a Director for Technology Training Corporation, an international high tech aerospace and defense training organization where he developed programs in engineering, software, international business, manufacturing, and other topics and where he ran and turned-around operations in Australia and Mexico.
Mr. Young was named Entrepreneur in Residence in 2007 for his alma mater, CSU Fresno, and was later named among their Outstanding Alumni during their centennial celebration in 2010. He has had articles published in many of his industries, and presented at various industry conventions.
“Larry brings an amazing wealth of experience, in all facets of our business, and has already made great contributions to our organization bringing in strategic partners, acquisition targets, and building the processes by which we all can be more productive. He is a great addition to our executive team,” said Randall Letcavage.
“I am honored and excited to join the Premier leadership and work with this exceptional team,” Young said. “Premier is strategically ahead of the curve in this industry, and I look forward to contributing to the direction and growth of this innovative company.”
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://ctt.marketwire.com/?release=994097&id=2715556&type=1&url=http%3a%2f%2fwww.sec.gov%2f. 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 also intends 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: http://ctt.marketwire.com/?release=994097&id=2715547&type=1&url=http%3a%2f%2fwww.prhlcorp.com%2f.
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Source: Premier Holding Corporation
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