(Source: Business Wire)Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets in the U.S., Spain and Italy, announced today that Frank Sansone has been appointed to the position of Chief Financial Officer for Premier Power. Mr. Sansone is replacing Teresa Kelley, who is leaving the Company to pursue other opportunities.

Dean Marks, president and chief executive officer of Premier Power, stated: "We are very excited to have Frank join our team. He brings a strong financial background and proven leadership experience and success with fast growing public companies. His experience in the strategic financial planning and management of a multinational organization will directly benefit Premier as we continue our growth in the U.S. and Europe."

In commenting on his appointment, Frank Sansone stated: "Premier Power is a leading player in the fast growing solar power industry, with a talented team and unparalleled development, engineering and construction experience and expertise. Premier Power's focus on profitability and its proven ability to move rapidly into new markets to capture worldwide opportunities truly set the company apart. I look forward to working with the team to take the company to its full potential."

Mr. Marks concluded, "On behalf of the Company, I want to thank Teresa for her contributions to Premier Power and to wish her well in her future endeavors."

Sansone brings over 15 years of experience in financial management and compliance, and has extensive experience working for both public and private companies. Most recently, he served as chief financial officer at LiveOffice, LLC, where he oversaw the company's financial planning and analysis. Prior to this, he served as chief financial officer at Guidance Software (NASDAQ: GUID), where he oversaw the company's worldwide financial planning and analysis, accounting, treasury, investor relations and tax functions. Sansone helped lead the company through a successful initial public offering and organic revenue growth from 2002 to 2008 at a compound annual growth rate (CAGR) of 44%. Prior to Guidance Software, Sansone was a director and vice president of finance for Aspen Technology (NASDAQ: AZPN), where he led the revenue department and played a key role in its Mergers and Acquisitions group. He also served as Petrolsoft Corporation's vice president of finance, building an organization that was ultimately acquired by Aspen Technology.