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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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Nov. 18, 2009 14:01 UTC

Beacon Enterprise Solutions Signs IT Management Agreement with Hitachi Cable

-- Turn-Key Managed Solutions to Include Voice, Data and Information Systems at Three Building Campus in Southern Indiana --

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 Transport Systems (“ITS”) infrastructure solutions, today announces it has signed a technology management agreement with Hitachi Cable Indiana.

Beacon Solutions will provide a full range of IT managed services for the Hitachi Cable Indiana facility, which consists of a three building campus with over 230 desktop users, video conferencing and onsite servers. The managed services include provisioning for: voice, data, video, and the full life cycle management of desktop/server hardware and software in addition to ITS infrastructure management. Hitachi Cable is expected to save 30 to 35% of current IT related expenditures as a result of increased efficiencies and cost cutting measures under Beacon’s expertise.

“We are pleased that Hitachi Cable Indiana selected Beacon Enterprise Solutions to be their complete IT solutions provider, as they adopt a more efficient and scalable managed services platform,” said Bruce Widener, CEO of Beacon Enterprise Solutions. “As we have done with other large enterprise clients, we look forward to the possibility of expanding our relationship with the broader family of related Hitachi companies based upon our performance at the Indiana facility.”

Hitachi Cable Indiana’s main facility is situated on 35 acres in Southern Indiana, about 10 minutes from Louisville, Kentucky. The subsidiary proudly serves the automotive industry with top quality fluid movement components, ABS braking systems, and the latest in advanced electrical cables for Hybrid Vehicles. As part of the Hitachi global group of companies, the modern facilities in Indiana are able to produce millions of products per month utilizing the latest technology aided design, manufacturing, and analytical and automated processes.

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 Transport 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, 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.
investors@askbeacon.com
or
Porter, LeVay & Rose, Inc.
Marlon Nurse, V.P. – Investor Relations
212-564-4700
or
Trilogy Capital Partners
Darren Minton, Vice President
800-592-6067
 




    

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