CINCINNATI and COLUMBUS, Ohio and LOUISVILLE, Ky., Feb. 27, 2008 (PRIME NEWSWIRE) -- Beacon Enterprise Solutions Group, Inc. (OTCBB:BEAC) commented today on the Company's business development strategy.
"We're pleased to have completed our Phase I Acquisitions and are beginning to implement the next phase of our growth plan," commented Bruce Widener, CEO of Beacon Solutions. "We began the integration planning process for the Phase I Acquisitions in the third quarter of 2007, nearly five months before the closing of the transactions," continued Widener. "As such, we were able to rapidly consolidate many operational elements of the businesses into a single core infrastructure within the first sixty days after the closing. By example, we've completed the merger of four distinct payroll systems into one; launched a company-wide intranet and Human Resource Management (HRM) system; centralized marketing, advertising and promotional programs; and anticipate the completion of the rollout of our fully integrated, company-wide Customer Relationship Management (CRM) system and consolidation of our accounting systems by the end of the current quarter."
"Cross-training and cross-selling are key elements of our strategy," stated Rick Mills, President of Beacon Solutions. "Beacon is now positioned to provide in-house network design and engineering services; low-voltage infrastructure; IP/Telecom network hardware and installation; network access and management services; and application development services," continued Mills. "For the first time in their careers, our salespeople are able to bring a complete, end-to-end, suite of IP/Telecom services into the market and representatives from the various disciplines are being trained to identify and develop cross-selling opportunities. Collaboration has led to significant new sales opportunities in the current quarter and our representatives are being equipped with the training necessary to succeed."
"Continuing our examination of the various business processes at the operational level, 'best practices' are being developed and implemented company-wide," added Ken Kerr, Chief Operating Officer of Beacon Solutions. "With up to two decades of experience in the IP/Telecom services sector, our managers and employees possess a thorough understanding of the challenges and nuances associated with integrated technology services. We're now leveraging this experience to implement scaleable processes and procedures throughout the organization."
"While the integration process will continue for several months, I'm very pleased with our success to date and with the spirit of cooperation and teamwork exhibited across our multiple locations and disciplines," concluded Widener.
About Beacon Enterprise Solutions Group:
Beacon was formed by the consolidation of four independently successful companies in the IT and Telecom service sectors. Today, Beacon is a unified, single-source provider of technology and telecommunications services, from software development and infrastructure design to interconnect voice/data, security and systems integration. Beacon's client roster includes over 4,000 companies, from small and medium-sized business enterprises (SME market) to Fortune 500 firms, along with state and local government agencies and educational institutions. The Company's business strategy currently centers on a three phase development plan (regional in Phase I, super-regional in Phase II and national in Phase III) driven by a combination of organic and acquisition growth. Headquartered in Louisville, Kentucky, Beacon maintains offices in Cincinnati, Ohio; Columbus, Ohio; Mangalore, India and services clients globally.
For more information please visit www.askbeacon.com or contact the Company at 502-379-4788 or investors@askbeacon.com
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