Premier Alliance Awarded $229,000 in Contracts by Global Defense Contractor

CHARLOTTE, NC--(Marketwire - Oct 3, 2012) - Premier Alliance Group, Inc., (OTCQB: PIMO) a strategic advisory, services, and solutions firm focused on providing 360° Intelligence Delivery through our Knowledge Based Expertise ("KBE"), today announced that its Energy and Sustainability Division has been awarded over $229,000 in contract work to be performed on multiple Southern California military installations for a global defense contractor. Work for these initial contracts will be completed during the fourth quarter of 2012.

"We are pleased to be chosen as the solutions provider for several military installations," said Russ Earnshaw, Senior Vice President of the Solutions Division for Premier Alliance. "Many of our senior staff, board members and partners have extensive military and government backgrounds and thus we have a competitive advantage in providing services and solutions that help advance US interests and create state of the art defense installations. Sustainability isn't just about protecting our environment, in the end it's a matter of national security and as a result of our superior knowledge base in this sector we were chosen to complete these important contracts."

Premier's Energy and Sustainability division has worked closely with the US Government and defense contractors to bring sustainable solutions for a variety of construction and energy management needs facing our military today. Based on our expertise in this area we expect to continue to garner additional contracts in the defense space.

About Premier Alliance Group, Inc. 
Premier Alliance Group, Inc. (OTCQB: PIMO) provides Knowledge Based Expertise ("KBE") through its strategic advisory, services, and solutions delivery capabilities. The firm provides 360° Intelligence Delivery -- a holistic approach to meet client objectives -- through our Professional Services and Solutions Groups. Our focus is in the following industries today: Energy, Financial Services, Life Science and Biotechnology, Government, and Technology. We currently have two major delivery verticals of Finance and Energy capabilities driven by increased financial regulations and energy mandates crossing many industries. Our financial service deliveries encompass Governance, Risk & Compliance (GRC), Business Performance & Technology, and Finance & Accounting as we assist clients with Risk Management, Compliance, Mergers & Acquisitions, Organizational Effectiveness, Project Management, and Information Management. Our Energy capabilities position us as a leading provider of energy efficiency and sustainable facilities solutions. This includes the design, engineer and install of disparate solutions and technologies that enable clients to reduce their energy costs and carbon footprint. Premier Alliance is headquartered in Charlotte, NC. For more information, visit www.premieralliance.com.

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