Published: October 13, 2010
Beacon Solutions Comments on New Business Opportunities
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 commented on trends impacting the ITS industry and how
the Company intends to capitalize on current market opportunities.
As a corporate enterprise evolves into a fully multi-national and global
footprint, the information technology infrastructure which, has
historically been managed by a patchwork of local and regional service
delivery companies, simply cannot scale to effectively meet the related
technological and logistical challenges. These service delivery
companies begin with a local focus, and during their lifecycles remain
limited by a variety of factors tied to a small geographical span of
control. In addition to these challenges, the local-to-regional model
introduces a variety of management issues into the budgets and
operations of the multi-national and global enterprise. Among the issues
facing the Sourcing, IT or Facilities professional within a global
enterprise are unpredictable costs, lack of standardization and high
internal management expense. The Beacon solution offers a unique
approach that matches global ITS problems with global ITS solutions.
In order to address the unique challenges presented by complex
technology infrastructure issues, Beacon offers a single-source solution
to assess, engineer, implement and manage ITS infrastructure needs for
enterprise clients regardless of geographic diversity. The Beacon
solution is especially important in today's challenged economic
environment where clients of all sizes are looking to contain cost,
facilitate standardization, and introduce consistency and predictability
into their global infrastructure management process. Other trends such
as cloud computing and the convergence of technologies drive efficiency,
but simultaneously introduce significant levels of traffic and quality
of service focus on network performance. These trends are driving new
business opportunities for growth within Beacon's core business.
The current global market for ITS infrastructure is approximately $70
billion according to Technology Business Research (TBR). Within this
marketplace, Beacon employs a multi-channel strategy for organic growth
in four key areas: 1) Beacon's existing marquee and targeted global
clients, which include some of the largest corporations in the world; 2)
Beacon's current and expanding relationships with manufacturers,
including CommScope, Siemon and Panduit; 3) Beacon's current and
expanding relationships with distributors, including Anixter,
Communications Supply Corporation and Graybar; 4) technology and trade
partnerships, such as Beacon's recently announced agreement with SAIC,
an $11 billion scientific engineering and technology applications
company. This strategy is focused within existing vertical markets in
pharmaceuticals, retail and smart buildings and within several emerging
vertical markets with global integrators, outside plant opportunities
and the healthcare industry.
"Over the past few quarters, Beacon has refined its business strategy to
take advantage of the scalability, global mobility and the higher margin
professional services segment of the ITS industry," said Bruce Widener,
CEO of Beacon Solutions. "A significant amount of the core demand for
our services is coming through relationships with global systems
integrators, hardware manufacturers and software companies who view
Beacon as an ideal partner. These partnerships provide the opportunity
for a mutually beneficial synchronization of efforts to expand the reach
and integration of our collective products and services while enabling
both to increase the respective reach and scope within the Fortune
1000/Global 2000 customer marketplace. We continue to hire some of the
brightest and best ITS professionals in the business to help us secure,
implement and manage these services. We have secured the financing we
need to manage the liquidity and growth of the company. As a result, we
expect to achieve record revenue growth and sustainable profitability in
2011."
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,
Prague, Czech Republic and personnel located throughout the United
States and Europe.
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.

Beacon Enterprise Solutions Group, Inc.
Bruce Widener, CEO,
502-657-3507
investors@askbeacon.com
or
Porter,
LeVay & Rose, Inc.
Marlon Nurse, V.P. - Investor Relations,
212-564-4700
or
Halliburton Investor Relations
Geralyn
DeBusk, President, or Hala Elsherbini, COO, 972-458-8000
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