Beacon Enterprise Solutions Signs Master Marketing Agreement with SAIC for Joint ITS Infrastructure Projects --Focus Will Be On Fortune 500^® Companies-- Business Wire LOUISVILLE, Ky. -- September 09, 2010 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 announced that it has signed a Master Marketing Agreement with Science Applications International Corporation (SAIC) (NYSE:SAI) to pursue joint ITS infrastructure initiatives with Fortune 500^® clients. As part of the agreement, the two companies will focus their sales and marketing efforts on major enterprise clients that have requirements for information technology and telecommunications products and services, including infrastructure design, passive optical networks and state-of-the-art voice / video / data systems and integration. SAIC plans to offer customers Secure Converged Solution (SCS) and Passive Optical Local area networking (POL) and other complementary services in joint client opportunities, including consulting, design, implementation services and products and onsite operations management. SAIC SCS solutions include: *IT consulting *Network design *VoIP and other telephony design and installation *Building security design and installation *Building management systems integration *RF / IP video equipment design and installation *Smart cities / campus consulting, design and installation Beacon’s objective is to offer joint clients ITS Management and other professional services that include: *Design and Engineering *Service Delivery Management (SDM) *ITS Contract Services (ICS) *ITS Construction Management (ICM) “I am proud to announce the signing of this agreement with SAIC, a highly respected and leading provider of information technology solutions,” said Bruce Widener, CEO of Beacon. “This reciprocal marketing agreement supports Beacon’s focus on managed professional services to Fortune 500^® clients. We expect the value-added services will contribute to our organic growth objectives as we focus our business on the most profitable areas in the ITS industry. We look forward to working closely with SAIC under this new Marketing Agreement to offer our respective services to joint clients.” “The agreement with SAIC represents the continued focus Beacon has committed to solving the complex issues facing our clients, who need to standardize and consolidate in order to reduce both capital and operating expenses,” said Jerry Bowman, COO of Beacon. “One fantastic enterprise solution is the SAIC POL solution that offers government and commercial clients cost-effective, fully converged voice, video, and data networks which eliminate active electronics between the data center and the end user at distances ranging from 40 feet to 40 miles. In addition, the implementation of the SAIC POL means increases in bandwidth speeds and reductions in IT-related power, space and cooling expenses. This solution complements Beacons focus on Layer 1 infrastructure, and when combined with ITS Management, could put significant capital dollars back into the IT and facilities budgets. Our team is ready to work with SAIC to bring the industry-best ITS infrastructure solutions to our clients.” Founded in 1969, SAIC is a Fortune 500^® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company’s approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $10.8 billion for its fiscal year ended January 31, 2010. “We look forward to working with Beacon on joint client opportunities to deliver best-in-class ITS solutions which this specific market demands. We believe our combined efforts will enable both organizations to help address our customer’s most complex IT challenges,” said Jeffrey McGaughey, VP of IT Modernization Programs at SAIC. 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. 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, Kentucky, with a regional headquarters in Dublin, Ireland 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. Contact: Beacon Enterprise Solutions Group, Inc. Bruce Widener, CEO 502-657-3507 firstname.lastname@example.org or Porter, LeVay & Rose, Inc. Marlon Nurse, V.P. – Investor Relations 212-564-4700 or Halliburton Investor Relations Geralyn DeBusk, President, or Hala Elsherbini, COO 972-458-8000
Beacon Enterprise Solutions Signs Master Marketing Agreement
Press spacebar to pause and continue. Press esc to stop.