April 27, 2009 (FinancialWire) — Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC) (Current Market Cap: US$10.61 Mil.) said it has executed an IT services contract with a large U.S. grocery chain that the company estimates will be worth around $1 million in revenue annually and represents ongoing IT infrastructure design and engineering work.

The company said it has received design orders for 46 of the chain’s locations throughout the United States under the contract. Under the terms of the contract, the number of locations that can be added is open-ended, with the current 46 locations representing only those orders placed within the first 60 days of the original master service agreement reported on February 5.

Company president Rick Mills said that the current order flow represents “a significant increase, more than double, from our original estimate of 10-12 locations per month.”

According to Beacon, the grocery chain client is in the process of standardizing all technology infrastructure products and practices for new store construction and existing store remodeling efforts. The client typically builds around 50 to 75 new stores and renovates around 150 to175 existing stores annually.

Louisville, Kentucky-based Beacon Enterprise Solutions Group is a provider of IT solutions offering design, engineering, installation and managed services. The company has offices in Cincinnati and Columbus, Ohio, and Mangalore, India.

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