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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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Beacon Enterprise Solutions Announces Additional Engagement with Fortune 100 Pharmaceutical and Health Care Client

Agreement with International Pharmaceutical Client in the Middle East is Worth Approximately $1 Million

August 17, 2010, 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 announces the execution of an additional engagement to perform ITS services at 3 locations in the Middle East for an existing international Fortune 100 client.

Beacon will be responsible for the entire ITS project, which includes providing cable infrastructure engineering and design services in three cities in the Middle East. It will be responsible for the sourcing of raw materials, service installation and all quality control efforts to meet the client’s standard engineering requirements. Post installation, Beacon will employ its proprietary I3MAC (Innovative, Intelligent, Installation, Moves, Adds and Changes) managed service application to provide comprehensive, real-time monitoring of the clients installed service to maintain predictable and consistent service delivery in compliance with the client’s enterprise standards.

“This existing pharmaceutical client recently acquired a company in the Middle East and engaged Beacon to assess the ITS infrastructure at three locations,” said Bruce Widener, CEO of Beacon. “After successfully assessing the facilities, we were awarded this new engagement which is expected to generate approximately $1 million in additional revenue over the next two quarters. Having demonstrated our technology prime model for ITS services is the right solution for this client, we continue to work with them to gain additional ITS responsibilities. This additional contract further illustrates how critical offering global capabilities are when offering comprehensive ITS solutions and strategies for technology-driven corporate enterprises with multi-national facilities.”

For all three locations, Beacon will design and install ITS infrastructure components for the project, including pathway and telecommunications grounding equipment in order to support the various fiber optic-cabling requirements in the facilities. Once complete, backbone single and multi-mode fiber optic cable will be installed to establish network connectivity with the client’s equipment on various floors of the facility. As well in one city, Beacon has also been requested to install the horizontal cabling requirements to support a wireless LAN administrative network and access to wireless camera devices for security measures.

“This is a strong endorsement of the need for global ITS services and the value proposition to the corporate enterprise IT and facilities manager,” commented Jerry Bowman, COO of Beacon. “Beacon is one of the few companies who can offer global assessment, installation and management of ITS products and solutions. Our professional services-based, technology prime model continues to be validated by agreement with these types of large corporations. Our services are becoming the preferred approach to planning, building and managing ITS infrastructure requirements and solutions for national, multi-national and global Fortune 1000 firms.”

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, Kentucky, with a regional headquarters in Dublin, Ireland, 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 Resource Portal, Investor Fact Sheet 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, 502-657-3507
CEO
investors@askbeacon.com
or
Porter, LeVay & Rose, Inc.
Marlon Nurse, 212-564-4700
V.P. – Investor Relations
or
Halliburton Investor Relations
Geralyn DeBusk, 972-458-8000
President
or
Hala Elsherbini, 972-458-8000
COO

Source: Beacon Enterprise Solutions Group, Inc.

 




    

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