Beacon Gets its Watershed Moment

Dear Reader,

In a company’s corporate development there are milestones and events that mark critical turns in a company’s progression. A review of any success, whether it be Apple’s or Google’s, is assuredly marked by these breakthrough moments. News released after the bell on Friday indicates that Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC), a global leader in the high performance provision of advanced IT solutions, may have just enjoyed such a watershed moment.

Friday’s release (included below) detailed a monster deal with one of the nation’s largest grocery chains, giving Beacon design orders for 46 locations throughout the United States under the contract which is expected to generate in excess of $1 million in new revenue annually. Moreover, the terms of the agreement appear to indicate that this is a minimum and initial order.

Inarguably, adding this major chain to their roster of paying clients is catalytic to future agreements, giving Beacon penetration that can be leveraged in the market and of course, significant revenue essential under current economic conditions where less durable competitors may fail. For many investors, this will be seen as both an infusion of confidence and boon to the company’s fortunes.

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 its unique position as a leader in the provision of fully integrated turnkey solutions capable of fully servicing the largest companies in the world. 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, and more.
 

 

*** BREAKING News from Beacon  ***

LOUISVILLE, Ky. & CINCINNATI & COLUMBUS, Ohio---Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC), a global leader in the high performance provision of advanced IT solutions, announced today that it has executed a major contract with one of the nation’s largest grocery chains.

Beacon has now received design orders for 46 locations throughout the United States under the contract, which is expected to generate in excess of $1 million in new revenue annually and represents ongoing IT infrastructure design and engineering work. Under the terms of the contract, the number of locations that can be added is open-ended, with the current 46 locations representing only those orders placed within the first 60 days of the original master service agreement announced on February 5, 2009.

“This contract represents a major threshold event for Beacon and is a powerful validator of our business model calling for Beacon’s commitment to global leadership in our sector,” said Rick Mills, President of Beacon Solutions. “This agreement is expected to generate over $1 million in new revenue annually and the current order flow represents a significant increase, more than double, from our original estimate of 10-12 locations per month.”

Bruce Widener, CEO of Beacon Solutions, added, “Beacon has positioned itself to capitalize on the global economic crisis by providing single source, end-to-end IT solutions for the proactive optimization of client companies’ operations. Recently, more than ever, many businesses have felt the urgent need to reduce costs and improve efficiencies across all voice and data platforms. Beacon is most certainly in the right place at the right time.”

Mr. Widener concluded, “Beacon is capitalizing on opportunities created by the world-wide economic contraction through the provision of rapid deployment, broad spectrum IT programs with a focus on developing relationships with state/local governments and some of the largest companies in the world. Beacon’s foresight was in realizing there was a significant need for a fully integrated comprehensive suite of IT services representing a significant opportunity for our customers to reduce dozens, and in some cases hundreds, of vendors to a single source for all their IT design, engineering and service needs.”

The grocery chain client is in the process of standardizing all technology infrastructure products and practices for new store construction and existing store remodeling efforts. The client typically builds approximately 50-75 new stores and renovates approximately 150-175 existing stores annually. In order to standardize store specific requirements, the client asked Beacon to provide fixed pricing for each of their five operating regions modeled around three typical store sizes ranging from approximately 75,000 to 125,000 square feet.

For existing stores, Beacon will visit each location to perform a requirements assessment and will modify the prototypical design to meet the unique store requirements presented by the client.

Beacon Enterprise Solutions has jump-started aggressive initiatives and signed a string of new service agreements with some of the largest companies in the world. Beacon maintains a strong financial position and the Company aims to significantly grow its revenues in 2009 by expanding current client relationships and gaining new contracts over the coming weeks and months.

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., and has offices in Cincinnati and Columbus, Ohio; and Mangalore, India.

For a comprehensive investor relations portal complete with fact sheets, presentations, interviews and video (when available), please navigate to:

www.trilogy-capital.com/autoir/beac_autoir.html

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.
 
 
 

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