Premier Alliance Selected by Top 10 Bank for $1.2 Million Organizational Change Management Project

September 11, 2013

CHARLOTTE, NC--(Marketwired - Sep 11, 2013) -  Premier Alliance Group, Inc. ( OTCQB : PIMO ), a leading provider of business performance, compliance and energy management solutions; delivering results that improve productivity, minimize risk and maximize profits, today announced that its Business Solutions Group has been selected to provide custom Organizational Change Management services by a large regional bank during its Project and Portfolio Management (PPM) software upgrade. The project represents approximately $1.2 million in revenue for Premier Alliance and will be completed over the next 12 months.

The PPM Software is critical to managing the bank's larger scale project budgets, timeline, and resource pool. A PPM software upgrade of this magnitude requires an in-depth understanding of the Organizational Change Management requirements necessary to take full advantage of the software's benefits in driving decisions and managing costs. Premier's extensive experience and industry experts made it the ideal choice to develop the custom framework for Organizational Change needed to assure a smooth transition.

Premier staff will work closely with the bank's business and technology leaders to manage the changing environment and provide key components such as organizational change communication; business readiness testing; training development and training delivery.

According to Graeme Booth, President, Business Performance Division, "The Bank was looking for a provider that had an in depth understanding of their environment and that could deliver a change management approach which was built around the key dimensions of people, process and technology. This requirement matched very well with Premier's holistic approach to solution delivery on large complex projects."

About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. ( OTCQB : PIMO ) is a leading provider of business performance, compliance and energy management solutions with a focus on results that improve productivity, mitigate risk and maximize profits. Premier currently has two major delivery verticals, the Business Solutions Group which capabilities encompass Governance, Risk & Compliance (GRC), operational risk, and business performance & technology; and the Energy and Sustainablity Group which designs, engineers and installs 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.

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.