Monday, February 22, 2010

Premier Alliance Group, Inc. (PIMO.OB) Awarded Contract in Excess of One Million Dollars

Premier Alliance Group, Inc., a business and technology consulting firm, announced today that they have expanded a previous relationship with one of the nation’s top financial institutions, Global Markets Risk Management group. It is anticipated that this new engagement will increase revenues in excess of one million dollars ($1,000,000).

The Global Markets Risk Management group is responsible for multiple enterprise based initiatives including: compliance efforts, BASEL regulatory items, and operational initiatives dealing with business processes supporting federal regulatory rules changes. Premier Alliance Group will provide Senior Consultants and knowledge based experts to provide business process analysis and change management expertise for these efforts.

Providing business consulting services to customers with a focus on core areas of business processes used throughout the corporate world, Premier Alliance Group, Inc. specializes in project management, business analysis, business consulting and strategic consulting. Typical initiatives in which the Company provides services include compliance and regulatory, merger and acquisition, and business process reengineering efforts.

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