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Press Release - Beacon Enterprise Solutions Group, Inc. (BEAC-OTC: BB)

“It is more than just emails, more than just internet browsing. It is now all about voice, data, video, email, internet, and everything including physical security, intrusion detection, access control, and building automation. It is all running over the net today, so these networks become more critical now than ever. In spite of what is going on in the economy today, customers are looking for ways to optimize their networks.” - Bruce W. Widener (BEAC) (Interview published May 1, 2009)

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March 23, 2010 15:01 UTC

Beacon Enterprise Solutions Signs Strategic Global Partnership with Atlas Industrial Electric

-- Partnership Agreement with North American Electrical Design Company Provides Framework for Joint Projects and Expanded Client Base for Both Companies --

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC) (www.askbeacon.com), an emerging global leader in the design, implementation and management of high performance Information Technology Systems (“ITS”) infrastructure solutions, today announced the execution of a global partnership agreement with Atlas Industrial Electric Co. (“Atlas Electric”).

The partnership agreement provides the framework for Beacon Solutions and Atlas Electric to work together in order to execute the design, engineering, construction and managed services for a variety of mutually beneficial client projects going forward. These joint endeavors may range from network and electrical projects, to advanced technology systems, to smart buildings, data centers and various other technology solutions for existing and potential clients. The enterprise facility, security and IT management sectors are increasingly moving towards an expectation of combined low and high voltage expertise that will introduce new levels of technical performance and economies of scale into the design, engineering and construction of the built environment. This partnership is expected to result in the ability of the combined Atlas/Beacon team to provide more comprehensive technology system services to existing and future clients – increasing their technical and operational capabilities while introducing the cost effectiveness that comes from single-sourcing.

“On behalf of Beacon’s entire management team, I am pleased to announce this strategic partnership agreement with Atlas Electric and look forward to working on our first joint projects together,” said Bruce Widener, CEO of Beacon Solutions. “Atlas Electric is a leading provider of electrical, construction, maintenance and repair for some of the largest national and international commercial and industrial enterprises. With our combined low and high-voltage expertise and strong reputation for customer satisfaction, we look forward to mutually expanding our service offerings, as well as our existing and potential client base.”

Headquartered in Columbus, Ohio, Atlas Electric is a full service electrical systems contractor that has been providing expertise to leading manufacturers and industrial clients throughout the United States for more than 25 years. Atlas Electric’s comprehensive services include industrial conveyor systems, generator installations, new building construction, main power-feed metering, fiber optic installation, AC/DC drive repair and maintenance, as well as 24-hour emergency response. The company’s team of highly trained electricians serves clients ranging from facility managers, commercial customers, industrial companies, health care groups and government agencies.

Atlas Electric is a member of various quality assurance business organizations, including the BEC (Builders Exchange of Columbus) and the NECA (National Electrical Contractors Association). In 2007-2008, Atlas Electric received the highest award possible from the BEC, the “BX Safety Award.” With machinery from Atlas Electric’s parent company, Atlas can repair electric installations and cabling involving virtually any tonnage and height requirement.

Atlas Electric is a division of privately owned Atlas Industrial Holdings, LLC (“Atlas”), which has provided turnkey industrial contracting services to clients for more than 50 years. From its first location in central Ohio, Atlas quickly earned a reputation as the premier resource for cost-effective, timely and dependable rigging, and installation of heavy machinery, eventually expanding its regional offices throughout the United States and into Canada and Mexico. As the company’s reputation has grown, it has diversified its service offerings and business units by developing an experienced team of master millwrights to assemble and align the machinery and metal workers to fabricate structural steel and custom assemblies for specialized rigging jobs, and electricians to keep heavy machinery and critical electrical systems online. Throughout each Atlas project everything is designed and custom tailored to endure the most demanding tolerances. For more information on Atlas Industrial Holdings, LLC, please visit the Atlas website: www.atlascos.com

About Beacon Enterprise Solutions Group, Inc.

Beacon Enterprise Solutions Group is an emerging global leader in the design, implementation and management of high performance Information Technology Systems (“ITS”) infrastructure solutions. Beacon offers fully integrated, turnkey IT infrastructure solutions capable of fully servicing the largest companies in the world as they increasingly outsource to reduce costs while optimizing critical IT design and infrastructure management. Through an integrated team approach, Beacon offers a broad range of products and services including IT infrastructure design, implementation and management, application development and voice/data/security system integration, installation and maintenance. Beacon’s client roster includes state and local agencies, educational institutions, and over 4,000 companies ranging in size from mid-sized companies to the Fortune 500. Beacon is headquartered in Louisville, Ky., with regional headquarters in Dublin, Ireland and Zurich, Switzerland and personnel located throughout the United States and Europe.

For comprehensive investor relations material, including fact sheets, research reports, interviews and video, please follow the appropriate link: Investor Relations Portal, Investor Fact Sheet, Research Report and CEO Overview Video

For additional information, please visit Beacon’s corporate website: www.askbeacon.com

This press release may contain “forward looking statements.” Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements may include, without limitation, statements about our market opportunity, strategies, competition, expected activities and expenditures as we pursue our business plan. Although we believe that the expectations reflected in any forward looking statements are reasonable, we cannot predict the effect that market conditions, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and factors described in our filings with the Securities and Exchange Commission may have on our results. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

Contacts

Beacon Enterprise Solutions Group, Inc.
Bruce Widener, CEO, 502-657-3507
investors@askbeacon.com
or
Porter, LeVay & Rose, Inc.
Marlon Nurse, 212-564-4700
or
Trilogy Capital Partners
Darren Minton, 800-592-6067
or
HIR
Geralyn DeBusk or Hala Elsherbini
972-458-8000
 




    

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