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Pernix Group, Inc. Engages Dian Griesel Inc.

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Pernix Group Initiates Campaign of Investor and Media Outreach to Strengthen Company Awareness

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LOMBARD, IL – October 10, 2012 – Pernix Group, Inc. (OTCBB: PRXG), a global construction and power infrastructure company with integrated design and engineering capability, has hired Dian Griesel Inc. (DGI) to serve as its investor relations and public relations agency.

DGI’s investor relations team will target portfolio managers, analysts and the retail community to increase investor awareness of Pernix Group’s diversified general contracting, design/build and power generation services to private clients and public agencies. Concurrent with that effort, the public relations team will initiate outreach campaigns targeting the media-at-large via traditional, print, television, radio, Internet and social media outlets.

“Pernix is focused on further enhancing its solid reputation for the reliable delivery of complex construction projects and innovative facility operations and maintenance solutions to our clients worldwide,” said Nidal Z. Zayed, President and CEO of Pernix Group. “Our vision is to be recognized as an international leader in creating value for our customers through partnership and investment. We are dedicated to helping our clients navigate the unique requirements of each project, work with local resources, and partner with world-class regional organizations to ensure total customer satisfaction and timely project completion. As we move forward, we believe that we have a compelling
investment thesis for investors and an exciting story to share with the media, and we look forward to leveraging DGI’s experience, relationships and expertise. We will continue to update our shareholders as we execute on our growth plan.”

DGI  is a full-service corporate communications firm providing the equivalent of “large-cap” investor relations and public relations services to smaller emerging growth companies. Always budget-conscious, its carefully planned programs blend the best of  traditional strategies with the opportunities of new media.

About Pernix Group, Inc.

Pernix Group, Inc. is a global company with its headquarters in Lombard, Illinois. The company is engaged in two primary business segments: construction services as a Design-Build General Contractor in the Federal and Government market; and building, managing and investing in Power Generation Projects as an Independent Power Producer. Pernix has full-scale construction and management capabilities, with operations in Africa, the Middle East, the Western Pacific and the South Pacific. Pernix Group, Inc. common stock is traded on the over-the-counter bulletin board (OTCBB) under the symbol PRXG. Additional information is available at www.www.pernixgroup.com.

Forward-Looking Statement
Certain of the statements made in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company’s filings with the U.S. Securities and Exchange Commission.

Contact Investor Relations:

investorrelations@pernixgroup.com