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

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“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 Solutions Files 8-K Providing Third Quarter 2009 Earnings Call Transcript

Aug. 18, 2009 13:50 UTC
Management Team
Discusses Recent Acquisitions, Contract Wins, Financial Results, and Growth for 2009 and Beyond
LOUISVILLE, Ky. & ZURICH--(BUSINESS WIRE)-- Beacon Enterprise Solutions Group, Inc. (OTCBB:BEAC), a global leader in the design, implementation and management of high performance Layer 1 network solutions, today announced the availability of the transcript for its third quarter 2009 earnings conference call, held on August 12th.

During the conference call, Bruce Widener, Beacon’s Chairman and CEO, stated:

“Those of you that have been following our company for a while now know that we have very high ambitions for Beacon Solutions. Members of our management team have participated in building other public and private companies from the startup phase to several hundred million dollars in annual revenue. We aspire to grow and develop Beacon into an international brand in the global IT infrastructure market and believe that we have the right team and the right business model to accomplish this objective.”

Throughout the call Beacon’s management team provided additional color on the Company’s recent acquisitions, contract wins, and other news items that have been completed throughout, and subsequent to, the third quarter, including:

  • The acquisition of SymbioTec Solution AG, projected to add over $10 million USD to fiscal 2010 revenue.
  • Contracts with three new customers to provide IT infrastructure related products and services that are expected to add approximately $2 million in revenue over the next 12 months.
  • The news of industry veteran and former CommScope VP of Global Services, Jerry Bowman, scheduled to join the Beacon team on September 1, 2009, which was first announced live during the conference call.

Interested parties are encouraged to read a transcript of the conference call, available here: http://www.trilogy-capital.com/autoir/beac_autoir.html

About Beacon Enterprise Solutions Group, Inc.

Beacon Enterprise Solutions Group is an emerging growth, high-performance provider of advanced IT solutions with a commitment to the proactive optimization of client companies’ operations. Beacon is capitalizing on opportunities created by the world-wide economic contraction through the provision of rapid deployment, broad spectrum, fully integrated IT programs with state-of-the-art, next-generation design, engineering, installation and managed services. Beacon’s business model creates a clearly defined early mover advantage due to our unique position as a leader in the provision of fully integrated turnkey 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 customers everything to make their communications run, from telecom infrastructure design, to software development, to voice/data/security system integration, system installation and maintenance, in addition to long distance, VoIP and Internet access service. 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. While Beacon services customers globally, it is headquartered in Louisville, Ky., with offices in Cincinnati and Columbus, Ohio; Zurich, Switzerland; and dedicated personnel in Mangalore, India.

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

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

Forward-Looking Statements

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.
Kevin Holmes
410-825-3930
investors@askbeacon.com
or
Trilogy Capital Partners
Financial Communications
Darren Minton, Vice President
800-592-6067
info@trilogy-capital.com
 

Source: Beacon Enterprise Solutions Group, Inc.

 




    

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