Premier Alliance Selected by James Hardie Building Products, Inc. for $1.6 Million Production Plant Upgrade and Cogen Feasibility Study

CHARLOTTE, NC--(Marketwire - Feb 27, 2013) - Premier Alliance Group, Inc., (OTCQB: PIMO) a strategic advisory, services, and solutions firm providing 360° Intelligence Delivery through Knowledge Based Expertise ("KBE"), today announced that its Energy and Sustainability Division has been selected by James Hardie Building Products (NYSE: JHX), a global fiber cement producer for the construction industry, to upgrade and refurbish the production lines of its Fontana, California facility while analyzing a variety of cost saving and alternative energy options. The six-month project, worth $1.6 million in revenue to Premier Alliance, will enable the facility to resume production after a four-year hiatus.

The multi-faceted project entails upgrading the Supervisory Control and Data Acquisition (SCADA) system in conjunction with integrating infrastructure and energy savings opportunities throughout the facility. In addition to identifying savings and incentives offered by Southern California Edison (SCE) for the production line upgrades, Premier Alliance will evaluate the feasibility of implementing a variety of energy management and cost saving initiatives including:

• Demand Response measures available through SCE that offer incentives for curtailing power consumption during specific time periods throughout the year
• Onsite solar PV power production including financial analysis, system design, construction, and maintenance
• Cogeneration, specifically combined heat and power (CHP), the use of a heat engine or power station to simultaneously generate both electricity and useful heat.

"I am very proud of our engineering team," said Rob Davis, Senior Vice President of Energy Services for Premier Alliance. "We were up against some industry heavyweights during the RFP process but our exceptional staff, comprehensive approach to facility management and over 20 years of automation and controls experience proved to be a significant competitive edge. This project exemplifies how Premier Alliance provides 360° solutions to address the myriad of operational and energy concerns facing industrial customers today."

About James Hardie Building Products
James Hardie is the global leader in fiber cement technology, providing siding, trim and accessory product solutions to architects, builders and homeowners for over 100 years. It was the first to introduce fiber cement products to the U.S. in the early 1990s as a durable, low-maintenance alternative to wood and vinyl. James Hardie products combine innovation, versatility and safety by offering a variety of design possibilities matched with specific performance attributes relative to the climate where the product is being used. Currently installed on more than 5.5 million homes, James Hardie products have earned a favorable reputation within the industry and have been specified in some of the country's most prestigious projects. For more information about James Hardie visit http://www.jameshardie.com.

About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. (OTCQB: PIMO) provides Knowledge Based Expertise ("KBE") through its 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. We currently have two major delivery verticals, Energy and Risk/Compliance, driven by increased energy mandates as well as risk and regulatory requirements across several industries. Our Energy capabilities position us as a leading provider of energy efficiency and sustainable facilities solutions. This includes designing, engineering and installing disparate solutions and technologies that enable clients to reduce their energy costs and carbon footprint. Our Risk/Compliance capabilities encompass Governance, Risk & Compliance (GRC) and Business Performance & Technology as we assist clients with Risk Management, Compliance, Organizational Effectiveness, Project Management, and Information Management. Premier Alliance is headquartered in Charlotte, NC. For more information, visit www.premieralliance.com.

Safe Harbor Statement
Certain information contained in this press release may be forward-looking. Actual results might differ materially from any forward-looking statements contained in this press release. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of Premier Alliance Group to be materially different from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking.