Beacon Enterprise Solutions Expects to Report Approximately 45% Higher Year-Over-Year Quarterly Revenue for Fiscal First Quarter 2012

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Beacon Enterprise Solutions Expects to Report Approximately 45% Higher Year-Over-Year Quarterly Revenue for Fiscal First Quarter 2012

PR Newswire

LOUISVILLE, Ky., Jan. 26, 2012 /PRNewswire/ -- Beacon Enterprise Solutions Group, Inc. BEAC (www.askbeacon.com), an emerging global leader in the design, implementation and management of high performance Information Technology Systems ("ITS") infrastructure solutions, today reports the expectation to announce record quarterly revenues for the first fiscal quarter 2012 ending December 31, 2011.

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

"Expectations are that revenue will significantly exceed the amount recorded in the first quarter of fiscal 2011 by approximately 45%," stated Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.  "In addition, gross profit margins are expected to improve significantly from the 29% recorded in the first fiscal quarter of 2011 and will be consistent with the Company's recent performance and management's stated expectations."

Beacon's reported revenue for the first fiscal quarter of 2011 was $3,974,000.

As previously announced, Beacon will host a conference call to discuss its fiscal year 2012 first quarter financial results on Thursday, February 9, 2012, at 10:00 a.m. EST.  Participants on the call will include Bruce Widener, Chairman and CEO; Jerry Bowman, President and COO; Victor Agruso, Chief Administrative Officer and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.

The teleconference can be accessed by calling 888-495-3916 and entering conference ID # 43328861.  Participants outside of the U.S. and Canada can join by calling 706-634-7530 and entering the same conference ID.  Please dial in 15 minutes prior to the beginning of the call.

The conference call will be simultaneously webcast and available on the company's website, http://www.askbeacon.com, under the "Investor Relations" tab.  A digital recording of the conference call will be available for replay two hours after the end of the call's completion until 11:59 p.m. EST on Saturday, February 11, 2012 by calling 404-537-3406 and entering conference ID # 43328861.

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.

Contact:
Bruce Widener, CEO
502-657-3507
investors@askbeacon.com

Porter, LeVay & Rose, Inc.
Michael Porter, President
212-564-4700

Halliburton Investor Relations
Geralyn DeBusk, President, or Hala Elsherbini, COO
972-458-8000

SOURCE Beacon Enterprise Solutions Group, Inc.

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Posted In: Press Releases
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