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 Hot Stock to Watch |
Company: Premier Holding Corporation (OTCQB: PRHL)
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Last:
Price: 0.11
Change (%): + 0.014 (14.58)
Volume: 600,073 |
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LiteOwl™ From Premier's Patented E-Series Demonstrates Energy-Saving Technology for Streetlights to City of Moreno Valley
Mass Production of Award-Winning Technology Is Now Available for Market of 70 Million Streetlights in the U.S.
TUSTIN, CA--(Marketwired - Jul 9, 2014) - Premier Holding Corp. (OTCQB: PRHL) (the "Company"), an energy reseller in deregulated markets and provider of energy efficient solutions, announced that Muni-Fed Energy, Inc. ("Muni-Fed"), its strategic partner for municipalities, has delivered 1,300 of its award-winning LiteOwl™ energy-savings devices specifically designed for streetlights to the City of Moreno Valley, Calif. The LiteOwl is a small device that simply plugs into the top of a streetlight and saves over 25 percent of the power to operate existing lights without retrofitting. LiteOwl™ received the Top Product Award from Building Operating Management Magazine in 2012, a 100 percent reader-selected award.
Fulfillment of this delivery to Muni-Fed to benefit the City of Moreno Valley signifies the beginning of mass production and distribution of this innovative technology. Through its manufacturing partner, Probe Manufacturing, the product is now available for orders and delivery nationwide. Interested parties should contact Muni-Fed Energy at www.munifedenergy.com or call (949) 204-0893 for more information or orders for this product or other E-Series lighting control products.
Randall Letcavage, CEO of Premier Holding Corp., stated, "We are extremely pleased to see our partners at Muni-Fed producing these results in the municipal market. We estimate that there are now over 70 million streetlights in the U.S. that are a great fit for LiteOwl, and through Muni-Fed's efforts great work, we see proof that this product is becoming a viable, cost-effective alternative in the lighting efficiency arena."
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