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Beacon Enterprise Solutions Reports 36% Increase in Blended Project Funnel

  Beacon Enterprise Solutions Reports 36% Increase in Blended Project Funnel

PR Newswire

LOUISVILLE, Ky., Feb. 10, 2012



LOUISVILLE, Ky., Feb. 10, 2012 /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, announced a significant
increase in the Company's Blended Project Funnel.

(Logo: http://photos.prnewswire.com/prnh/20101021/DA85933LOGO)

In the Company's fiscal 2011 year-end earnings release and conference call,
Jerry Bowman, President and COO of Beacon provided an update on the Company's
recently implemented, cloud-based Customer Relations Management (CRM) system.
The CRM system has enabled Beacon to have a higher degree of visibility into
the sales and forecasting process, as well as client integration and
management. As a result, Beacon stopped calculating what was formally known
as "Project Backlog" and implemented a new weighted average process to
quantify current and anticipated sales activity. This new "Blended Project
Funnel" assessment includes both contracted order backlogs, along with
weighted average client opportunities based on their position in the
five-stage sales process. This report includes project activity related to
potential clients, new clients and long-term clients.

"With the implementation of our new CRM system, Beacon now has a better tool
to manage the client base and sales opportunity process," stated Jerry Bowman,
President and COO of Beacon. "By placing a weighted average onto these
projects and opportunities based upon historical results, we have visibility
to not only the high-range of what can be sold, but also to a more
conservative expectation of results during the near term. On December 12,
2011, we reported the Blended Project Funnel was at $111 million with $37
million in weighted-average project value over the next 12-18 months. Since
that time frame, the Blended Project Funnel has increased by 36% to $151
million as of February 10, 2012, with a weighted average of $40 million in
project value over the next 12-18 months. As previously noted, this is not a
revenue forecast, but rather an indicator of project activity, which could
increase or decrease during the year. We anticipate that reporting of Blended
Project Funnel data will, over time, be replaced by revenue forecasts for
specific periods."



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

Website: http://www.askbeacon.com
Contact: Bruce Widener, CEO of Beacon Enterprise Solutions Group,
+1-502-657-3507, investors@askbeacon.com; or Michael Porter, President of
Porter, LeVay & Rose, Inc., +1-212-564-4700; or Geralyn DeBusk, President, or
Hala Elsherbini, COO, both of Halliburton Investor Relations, +1-972-458-8000,
for Beacon Enterprise Solutions Group
 
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