LOUISVILLE, Ky., Feb. 8, 2011 /PRNewswire/ -- Beacon Enterprise Solutions Group, Inc. (OTC Bulletin Board: BEAC) (www.askbeacon.com), an emerging global leader in the design, implementation and management of high performance Information Technology Systems (ITS), has been awarded a new North American engagement from a Global Fortune 100 client.
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Under this landmark project, which has an estimated value of $400,000, Beacon will provide expanded core services including electrical and mechanical professional services, data center assessment and construction management administration of the client's new North American data center. Beacon was awarded this project based upon its demonstrated past performance for this client in several of its facilities throughout the world. This engagement marks yet another project in which Beacon has been selected by the client to assist in implementing their internal ITS infrastructure requirements. Due to the long-term nature of the Beacon relationship with this client and their increasing ITS requirements, Beacon expects to continue to be awarded new engagements in their facilities throughout the world.
"As we enter into calendar year 2011, Beacon is expanding our service reach to include professional services that fit within our core services and also provide increased value and cost benefit to our clients," stated Jerry Bowman, President and Chief Operating Officer of Beacon. "We believe Beacon is gaining momentum for a breakthrough year as we continue to generate new business relationships and increase our business with existing clients by expanding our core services and delivering services to new divisions and regions of our clients' enterprises. This project is an excellent example of the win-win that occurs when Beacon reduces the number of contracts a client is required to administer. The client saves money because they have less ITS service providers to manage and an ITS solution consistent across multiple facilities. Beacon's revenue increases because we displace existing ITS resources with our focus on professional services. Global clients are continuing to implement Beacon's ITS solution as we demonstrate that we can deliver world class services while maintaining competitive parity with local and regional companies."
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. 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.
Contact: |
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Bruce Widener, CEO |
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502-657-3507 |
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Porter, LeVay & Rose, Inc. |
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Marlon Nurse, V.P. – Investor Relations |
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212-564-4700 |
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Halliburton Investor Relations |
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Geralyn DeBusk, President, or Hala Elsherbini, COO |
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972-458-8000 |
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SOURCE Beacon Enterprise Solutions Group, Inc.
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