Beacon Solutions Expands Contract With Pharmaceutical Client
May 11, 2009 (FinancialWire) — Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC) (Current Market Cap: US$16.84 Mil.) has added four new projects worth around $600,000 to an existing IT infrastructure management contract with an undisclosed New Jersey-based pharmaceutical and consumer health products firm.
The new projects are in Arkansas, Florida, Michigan and Juarez, Mexico. Beacon said that the combined value of the new projects is estimated to be around $600,000, which is in addition to the current $19.5 million, three-year infrastructure management contract Beacon has closed with this client for the North American region.
Beacon said that the size of the agreement is expected to grow in the coming weeks as both companies near the finalization of a new international contract that would encompass locations in over 35 additional countries throughout Europe, Africa and the Middle East.
Louisville, Kentucky-based Beacon Enterprise Solutions Group offers telecom infrastructure design, software development, systems integration, system installation and maintenance, as well as long distance, VoIP and internet access service.
The company’s clients include state and local agencies, educational institutions, and more than 4,000 companies.
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