LOUISVILLE, Ky. & CINCINNATI & COLUMBUS, Ohio--(BUSINESS WIRE)--Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC - News), a global leader in the high performance provision of advanced IT solutions, today announces the execution of eight new regional IT and communications infrastructure projects within the first two weeks of the quarter.
Collectively, these regional engagements represent approximately $400,000 in new revenue for various IT and communications infrastructure related projects including telecom systems, network routers/switches and wireless network deployment. Clients for Beacon’s new contracts include: restaurants, schools, hotels, community centers and various small to medium-size companies.
“As evidenced by this latest string of contracts, Beacon’s regional sales teams have been aggressively pursuing business development opportunities,” said Bruce Widener, CEO of Beacon Solutions. “Each of these eight engagements has been secured within the first two weeks of the quarter and they represent sizable revenues when taken together. Although our recent contracts and acquisitions in Europe may take much of the limelight, Beacon will periodically inform the investor community of our regional contract wins as they continue to contribute to our revenue stream and complement our large international engagements.”
Beacon Enterprise Solutions has jump-started aggressive initiatives and signed a string of new service agreements in recent months. Beacon maintains a strong financial position and the Company aims to significantly grow its revenues in 2009 by expanding current client relationships and obtaining additional contract wins.
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; and dedicated personnel in Mangalore, India.
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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.
Contact:
Beacon Enterprise Solutions Group Inc.Kevin Holmes410-825-3930investors@askbeacon.comorTrilogy Capital PartnersFinancial CommunicationsDarren Minton, Vice President800-592-6067info@trilogy-capital.com
