Beacon Solutions Completes Third Phase of Pharmaceutical Company Site Initiation Program

LOUISVILLE, KY; CINCINNATI, OH; COLUMBUS, OH; April 16, 2009. Beacon
Enterprise Solutions Group, Inc. (OTCBB Stock Symbol: BEAC) today
announced that the Company has completed the third initiation phase of the
recently announced $19.5 million/3-year infrastructure management contract with
one of the world’s largest pharmaceutical and consumer health products
companies.
Phase Three included coordination with the client’s internal IT and facilities
managers at multiple locations across North America to familiarize the client’s
managers with Beacon’s personnel and procedures.
“We’re pleased to have completed this important phase efficiently and on
schedule,” said Bruce Widener, CEO of Beacon Solutions. “Beacon has now
assumed responsibility for managing and performing all ‘installations, moves,
adds and changes’ for low voltage network infrastructure at the manufacturers’
companies throughout North America, covering over 92 facilities in 20 states and
provinces.”
“We expect the value of this management contract to accelerate beyond the
initial $19.5 million as we hire additional full-time personnel to service related
projects,” commented Rick Mills, President of Beacon Solutions. “To date, we
have deployed 10 full-time employees and 28 plus sub-contractors at the client’s
facilities. We expect this number to grow significantly in the coming months, as
we become fully engaged in every project and facility in North America and look
forward to expanding these services internationally. We expect the success of
this project, with one of the world’s premier health products companies, should
lead to similar multi-year projects with other clients going forward.”
About Beacon Enterprise Solutions Group Inc.:
Beacon Enterprise Solutions is a single source provider for voice and data
system design, installation and service. 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., and has offices in
Cincinnati and Columbus, Ohio; and Mangalore, India. Beacon is publicly traded
(OTCBB BEAC). For more information, please visit www.askbeacon.com or
contact the company at 502-657-3500.
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.
For the company:
Kevin Holmes
410-825-3930
investors@askbeacon.com
Financial Communications:
Trilogy Capital Partners
Darren Minton, Vice President
Toll-free: 800-592-6067
info@trilogy-capital.com