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Premier Alliance Appoints General Wesley Clark to the Board of Directors

CHARLOTTE, NC--(Marketwire -08/20/12)- Premier Alliance Group, Inc. (PIMO), a strategic advisory and consulting firm focused on providing 360 degrees Intelligence Delivery services and solutions through our Knowledge Based Expertise ("KBE"), today announced appointment of General Wesley Clark to the Board of Directors. General Clark's appointment is effective today.

Wesley K. Clark is a businessman, educator, writer and commentator. General Clark serves as Chairman and CEO of Wesley K. Clark & Associates, a strategic consulting firm; Co-Chairman of Growth Energy; senior fellow at UCLA's Burkle Center for International Relations; Chairman of Clean Terra, Inc.; Director of International Crisis Group; Chairman of City Year Little Rock; as well as numerous corporate boards. General Clark has authored three books and serves as a member of the Clinton Global Initiative's Energy & Climate Change Advisory Board, and ACORE's Advisory Board.

Clark retired a four star general after 38 years in the United States Army. He graduated first in his class at West Point and completed degrees in Philosophy, Politics and Economics at Oxford University (B.A. and M.A.) as a Rhodes Scholar. While serving in Vietnam, he commanded an infantry company in combat, where he was severely wounded and evacuated home on a stretcher. He later commanded at the battalion, brigade and division level, and served in a number of significant staff positions, including service as the Director Strategic Plans and Policy (J-5). In his last assignment as Supreme Allied Commander Europe he led NATO forces to victory in Operation Allied Force, saving 1.5 million Albanians from ethnic cleansing.

His awards include the Presidential Medal of Freedom, Defense Distinguished Service Medal (five awards), Silver star, bronze star, purple heart, honorary knighthoods from the British and Dutch governments, and numerous other awards from other governments, including award of Commander of the Legion of Honor (France).

"It our great pleasure and honor to announce the appointment of General Wesley Clark, a man known for his distinguished service record and unsurpassed integrity, to our board of directors," stated Mark Elliott, Chairman of the Board and CEO of Premier Alliance. "We recently have been faced with incredible opportunities within our Energy and Sustainability division and see a large opportunity for growth servicing the government and military, particularly within the Department of Defense. As the only company to be awarded a fully integrated military base energy audit in conjunction with a Public Utility we will look to continue building on this strong foundation with the assistance of General Clark. His relationships, knowledge and extensive experience will prove to be paramount to our success. We look forward to working alongside General Clark as we expand our Knowledge Based Expertise practice."

General Wesley Clark commented, "Premier Alliance has built an impressive team of experts providing specific advisory and consulting services for the energy and sustainability industry. Currently, there is an unmet need for these services within the U.S. government and military. Premier Alliance has done an excellent job of utilizing their relationships to help fulfill this need to date. I look forward to working with management on this initiative."

About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. (PIMO) is a strategic advisory and consulting firm focused on providing 360 degrees Intelligence Delivery services and solutions through our Knowledge Based Expertise ("KBE"). We provide clients our KBE offering through our Professional Services Group and our Energy and Sustainability Solutions Group. Our focus is in the following industries today; Energy, Financial Services, Life Science and Biotechnology, Government, and Technology. Our Professional Services Group 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. The Energy and Sustainability Solutions Group is a leading provider of energy efficiency and sustainable facilities solutions. The division designs, engineers and installs disparate solutions and technologies that enable its 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.