N@N

Beacon Enterprise Solutions Announces Engagement with a Nationwide Community Association Management Group

^{Published on 2010-06-10 11:40:23 - Market Wire}
 

LOUISVILLE, Ky.--([ BUSINESS WIRE ])--Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC) ([ www.askbeacon.com ]) an emerging global leader in the design, implementation and management of high performance Information Technology Systems (ITS) infrastructure solutions, today announces a new relationship with one of North Americaa™s largest community association management companies.

"Our sales team continues to identify growing, multi-location customers with ITS infrastructure needs"

This client currently has 100 offices in the U.S. that serve community associations, developers and real estate professionals through a wide range of services, including: financial management, facility management and consultation services. The company has over three decades of experience in the industry and currently manages over 1 million residences throughout the U.S.

Beacon will perform ITS infrastructure assessment for their 100 offices throughout the U.S. and will operate as a single-source provider for all engineering, design, project management and installation of ITS solutions to an expected 10 new offices in 2010 and 15 to 20 offices per year thereafter.

aOur sales team continues to identify growing, multi-location customers with ITS infrastructure needs,a says Bruce Widener, CEO of Beacon Solutions, aand projects such as these are an important source of recurring revenue for Beacon. Beacon has benefited from the high demand of ITS managed solutions as we continue to sign multi-year, multi-location contracts with companies ranging in size from small businesses to global enterprises, that have acted on their desire to cut costs and increase productivity throughout their organizations. By working with Beacon, our clients receive industry-leading design and installation services, freeing them up to focus on their core business.a

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 (aITSa) 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. Through an integrated team approach, Beacon offers a broad range of products and services including IT infrastructure design, implementation and management, application development and voice/data/security system integration, installation and maintenance. Beacona™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. Beacon is headquartered in Louisville, Ky., with regional headquarters in Dublin, Ireland and Zurich, Switzerland and personnel located throughout the United States and Europe.

For comprehensive investor relations material, including fact sheets, research reports, interviews and video, please follow the appropriate link: [ Investor Resource Portal ], [ Investor Fact Sheet ] and [ CEO Overview Video ].

For additional information, please visit Beacona™s corporate website: [ www.askbeacon.com ]

This press release may contain aforward looking statements.a 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.