Beacon Enterprise Solutions Group, Inc (OTCBB: BEAC) 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. 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. 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. Beacon is headquartered in Louisville, Ky., with regional headquarters in Dublin, Ireland and Zurich, Switzerland and personnel located throughout the United States and Europe.
Beacon has put together a world class management team and is positioned for strong growth in the years to come. Beacon recently announced $50 million in new contract and issued revenue guidance for the fiscal year 2010 in the range of $32 to $47 million. This compared to revenue for the fiscal year 2009 of $11.7 million. The company is expanding its geographic presence as it places team members on the group to service new contracts. Beacon’s senior management team has over 100 years of combined industry experience. Bruce Widener, Chairman and CEO, has over 20 years industry experience have founded UniDial/Lightyear Network Solutions, which grew from a start-up to over $220 million in sales within 6 years. Previously he held executive positions with WorldTel Services, LiTel/LCI International and Charter Network. Beacon’s President, Rick Mills, has over 26 years industry experience, previously serving as COO and a Director of Pomeroy Computer Resources. During his tenure, Pomeroy met or exceeded analyst expectations for 23 consecutive quarters and grew to over $635 million in sales.
