Beacon Enterprise Solutions Signs Additional $730,000 Implementation Contract with Fortune 50 Client

LOUISVILLE, Ky., Nov. 8, 2011 /PRNewswire/ -- Beacon Enterprise Solutions Group, Inc. (OTC BB: 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 the signing of a new contract with an existing Fortune 50 pharmaceutical client to implement a previously awarded project in which Beacon performed design, assessment and engineering work at the clients facilities throughout the world over the summer.

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Since June 23, 2011, Beacon has announced three different contracts with the same Fortune 50 pharmaceutical client totaling $2,730,000.  This new contract award for $730,000 brings the total contract amount to almost $3.5 million in the past 5 months from the same client.  Under the previous awards, Beacon was contracted to provide consulting and planning-related professional services to facilities all over the world to survey and assess the clients ITS infrastructure.  Beacon was awarded the additional $730,000 contract in order begin installation and implementation of the ITS solution as a result of this summers survey and assessment engagements.  This approach is typical within the new Beacon service delivery model, which strategically unbundles key service services in order for clients to maintain project momentum with limited budget dollars.

"Our field engineering teams who provide assessment and documentation services are a force multiplier for our national, multi-national and global clients," stated Jerry Bowman, President and COO of Beacon.  "A US-based Fortune 50 client typically no longer has the reach to physically go on site to 50 or 100 locations in the same number of countries.  They are forced to rely on a patchwork of local vendors, who provide a myopic view of their own work and not always in compliance with the enterprise standard. Beacon provides an alternative to the high level of effort to locate and hire 100 engineers and contractors in 50 plus countries. Beacons global reach and network of employees and relationships is the ideal solution for clients like this Fortune 50 pharmaceutical client, since we can provide a rapid, consistent, predictable and cost-effective alternative to the high cost of having employees do the same work."

"This engagement shows the refined sales and unbundled service delivery approach we implemented in 2010 is working and driving incremental revenue," said Bruce Widener, Chairman and CEO of Beacon.  "Our solutions-based suite of professional and construction services is working with our multi-national Fortune 1000 clients and this incremental contract award will deliver almost $3.5 million in organic growth for Beacon from this single client.  We have mobilized our professional services teams all over the world to implement the ITS solution Beacon designed and we expect to complete this project by calendar year-end.  Since June alone, we have signed over $10 million in new contracts utilizing our refined strategy and expect to see additional contract awards in the coming months."

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 regional headquarters in Cincinnati, Ohio, 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.

SOURCE Beacon Enterprise Solutions Group, Inc.