Premier Alliance Group Names Graeme Booth as President Over Services


CHARLOTTE, NC--(Marketwire - Dec 16, 2011) - Premier Alliance Group, Inc. (OTCBB: PIMO) ("Premier Alliance"), a professional services company focused on business and technology consulting, announced today the appointment of Graeme Booth to a new position, President of the Services division, effective December 12, 2011.

Mr. Booth has over 30 years experience across a variety of industries including financial services, technology, manufacturing, and professional services. His unique experience includes being a Partner within the Big 4 as a National Practice Leader over Global Risk Management Solutions at PWC and more recently as the Global Service Line Leader over IS Strategy and Performance for KPMG. In addition, he has served as Chief Executive Officer for 2 technology focused companies. Mr. Booth is well versed in the building, and managing of business strategies for growing corporations. He has been employed at Premier Alliance since June 2010.

Mark Elliott, CEO of Premier Alliance, said, "Graeme has been a great asset from the first day he joined Premier Alliance and has helped build our service capabilities and Knowledge Based Expertise. With his support, I will be able to put more energy on strategic items for the firm while Graeme can make sure our day to day focus and execution is sharp."

About Premier Alliance Group, Inc.

Premier Alliance (OTCBB: PIMO) is a leading provider of business and technology advisory and consulting services. Practice areas of expertise encompass Governance, Risk & Compliance (GRC), Business Performance & Technology, and Finance & Accounting as we assist clients with Risk Management, Compliance, Mergers & Acquisitions, Organizational Effectiveness, Project/Program Management, Information Management, Architecture and Software Development. Premier Alliance Group is headquartered in Charlotte, NC. For more information, please visit www.premieralliance.com.

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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.

Contact Information:

Contact:
Investor Relations
Jeff Ramson
ProActive Capital Resources Group
212-792-4321
jramson@proactivecrg.com