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| [June 30, 2009] |
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Beacon Solutions Announces IT Network Related Engagements with Three New Customers
LOUISVILLE, Ky. & CINCINNATI & COLUMBUS, Ohio --(Business Wire)--
Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC), a global leader in the high performance provision of advanced IT solutions, today announces infrastructure related engagements with three new customers: i) a leading provider of onsite interpreting services, video relay and text relay services; ii) an online retailer with over $1 billion in annual revenue; and, iii) a national forensic consulting firm, specializing in defining economic damages.
Collectively, these engagements are expected to bring approximately $2.1 million in new revenue to Beacon over the next twelve months. In exchange, Beacon will supply these new customers with various IT network related products and/or services.
"Beacon continues to secure new business with innovative companies looking to enhance their IT networks and infrastructure while simultaneously realizing cost savings, compared to the alternatives," said Bruce Widener, CEO of Beacon Solutions. "These new customers represent engagements of varying sizes, but at $2.1 million, they equate to a significant source of expected revenue over the next twelve months. Beacon is happy to assist these clients with their expanding network infrastructure needs and we expect these relationships to lead to more opportunities to work together in the future."
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.
For a comprehensive investor relations portal complete with fact sheets, presentations, interviews and video, please navigate to: www.trilogy-capital.com/autoir/beac_autoir.html
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.
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