Premier Power Renewable Energy, Inc. (PPRW) recently stated that it continues to expect 2011 revenue of $100.0 million to $120.0 million and the annual report document does provide investors with additional insights into the Company's current fundamentals and long term business prospects.
Additionally, the Company has recently engaged the services of Harbinger Research which will provide an update to the Company's Harbinger Research Report from a year ago. Brian R. Connell, CFA, a Harbinger Research Senior Analyst, stated, "We are thrilled to update our prior 2010 coverage on Premier, as we believe it is well-positioned in the rapidly growing North American and European solar energy industries. Premier Power provides business, and carrier-class engineering, procurement and construction services to customers in North America, Europe, and South America. The Company also develops complete solar power generation facilities for utilities and financial investors."
Despite all of the economic turmoil, we continue to see exciting growth opportunities for our business," said Frank J. Sansone, chief financial officer of Premier Power. "And we remain very positive about prospects for future growth opportunities in both Europe and North America. Sansone continued, "We felt it was important for us to provide shareholders and investor with an update on the Company's fundamental develops by posting this Annual Report document online and by utilizing Harbinger Research. We expect their research report to be available early next week."
About Premier Power:
Premier Power Renewable Energy, Inc. is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial and governmental customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common
Forward-Looking Statements: This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from current expectations.
There can be no assurance that demand for the company's products will continue at current or greater levels, or that the company will continue to grow revenues, or be profitable.
There are also risks that the company's pursuit of providing solar solutions globally might not be successful, or that if successful, it will not materially enhance the company's financial performance; that the company could fail to retain key employees; that changes in customer requirements and other general economic and political uncertainties could impact the company's relationship with its customers; and that delays in projects, competitive pressures or technical difficulties could impact timely delivery of revenues and projects; and other risks and uncertainties that are described from time to time in Premier Power's periodic reports and registration statements filed with the Securities and Exchange Commission.
Contact:
Frank Sansone
Email: fsansone@premierpower.com
Phone: 916-939-0400
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