LOUISVILLE, Ky., CINCINNATI and COLUMBUS, Ohio, April 16, 2009 (GLOBE NEWSWIRE) -- Beacon Enterprise Solutions Group, Inc. (OTCBB: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.
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