Financial Highlights for the Fiscal Third Quarter and Nine Months ended June 30, 2012:

o Net sales increased 4% to $3.4 million, as compared with $3.3 million in the prior quarter. For the nine months ended, Net Sales were $12.8 million in fiscal 2012, as compared to $13.5 million in fiscal 2011;
o For the nine months ended, gross profit increased slightly from $4.6 million to $4.7 million in fiscal 2012 compared to fiscal 2011;
o Gross profit margins increased 3 basis points to 37% from 34% for the nine months ended June 30, 2012, as compared to the same period in fiscal 2011;
o Total operating expenses for the quarter decreased 4% to $2.4 million, from $2.5 million in the prior quarter, excluding the non-cash intangible impairment charge of $2.1 million recorded in the fiscal third quarter.

“While we continued to experience challenges in the third quarter, we have remained focused on service delivery and continued to develop sales and operational talent,” commented Bruce Widener, Chairman and CEO of Beacon. “Each day our employees provide a unique and valuable service to our clients, which include some of the largest corporations in the world. Our employees are working on numerous ongoing client projects; we’re continuing to pursue new business within and beyond our existing client base; and we’re committed to working through our current difficulties and returning to operational profitability.”

“Our recent decline in net sales, which began in the fiscal second quarter, occurred as we were in the process of refinancing our Senior Secured Notes and negatively impacted our ability to complete the refinancing as planned,” stated S. Scott Fitzpatrick, Vice President, Corporate Controller and Treasurer. “Principal payments related to our Senior Secured Notes began to come due in June 2012. We were not able to meet all of the required obligations. We have been engaged in ongoing discussions regarding our Senior Secured Note holders; and are in the process of negotiating an extended payment schedule related to the payments that have come and are coming due. In addition, we are in the process of obtaining additional financing to fulfill our obligations and provide future working capital. As filed on Form 8-K on June 29, 2012, we recently obtained $0.6 million in new debt financing. However, it will be essential for us to obtain additional financing to meet our obligations in the fourth quarter; and for rest of the calendar year. Needless to say, these negotiations are complex and sensitive and we will continue to update shareholders, as appropriate, as the process continues and is complete.

“During the third quarter of fiscal 2012,” continued Mr. Fitzpatrick, “we determined that a portion of our intangible assets were impaired. This determination has resulted in a $2.1 million non-cash charge to earnings in the period. These assets related to amounts recorded as part of the initial acquisitions made to form Beacon in 2007. Our balance in Other Intangible Assets has been reduced to $0.7 million as a result of the charge.”

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.

“We believe it will be more beneficial to our shareholders to keep our senior managers on the front lines running the business and furthering our many strategic initiatives. We will continue to update current and potential investors through required SEC filings, Company website communications, and press releases sent to the media from time to time,” stated Bruce Widener, Chairman and CEO of Beacon. “As always, I will continue to be accessible to our investors after the release of the fiscal third quarter results.”

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.
 

LOUISVILLE, KY, May 2, 2012 — 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, reports fiscal second quarter financial results for the period ended March 31, 2012, which are discussed below:

Financial Highlights for the Fiscal Second Quarter and Six Months ended March 31, 2012:

• Net sales increased 4% for the six months ended to $9.3 million from $9.0 million in the corresponding year-ago period;
• For the six months ended gross profit increased 38% from $2.6 million to $3.6 million in fiscal 2011 compared to fiscal 2012;
• Gross profit margins increased 9 basis points to 37% from 28% in Q2 compared with the same period in 2011;
• For the six-month period, gross profit margins improved to 38% as compared with 29% in the comparable year-ago period;
• Total operating expenses for the quarter decreased 13% to $2.5 million from $2.8 million in the year-ago second quarter;
• EBIT (Earnings Before Interest and Taxes) increased for both the three and six month periods in 2012 as compared with 2011, improving 15% for the quarter and 59% for the six months ended.

“While we have experienced a challenging most recent quarter, I am very proud of the leadership team we have in place,” commented Bruce Widener, Chairman and CEO of Beacon.  “Our recently announced leadership and positioning changes do not represent a radical shift in how we go to market.  These changes represent a continuation of the building process we began two years ago to move from a tactical vendor, used on an as-needed basis, to a strategic business partner of our Fortune 1000 clients.  Beacon is now better positioned to continue to grow its business, strengthen our client relationships and expand our capabilities despite the challenges in the global market place.”

“Today we have a stronger Beacon team and an impressive customer base that expects nothing less than consistent and reliable execution,” stated Paris Arey, Executive Vice President Sales and Marketing.  “The Beacon Solution’s portfolio will enable the infrastructure layer to become business relevant by increasing IT implementation and accelerating their business impact.  Beacon is leveraging our 5-year history of cost-effectively managing the IT infrastructure and proven service capabilities for organic growth.  Market dynamics are requiring CIOs to play a larger roll in business responsiveness and decisions in which the IT infrastructure supports.  I am optimistic the second half of the year (fiscal 2012) will be better than the first half of the year.  We expect progress in all areas of our business and anticipate year-over-year improvements.  This will position Beacon for a strong 2013.”

“Enterprises around the world are becoming more in tune with the fact the physical IT infrastructure is the first step in enabling any enterprise service change,” added Michael Martin, Executive Vice President Global Services.  “The impact we’ve had with our existing client base is they value Beacon’s focus on simplifying the challenges associated with the delivery of physical infrastructure.  This unique offering allows predictable, consistent standards implementation on a global scale, reducing design and deployment time to accelerate the delivery of business solutions.”

“Despite the challenging revenue environment we experienced in the second quarter, we have positioned the Company to be profitable and cash flow positive in the future,” stated S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.  “Our comparisons with the previous fiscal year for the six-month periods remain favorable for revenue, margin percent and operating expenses.  We will continue to maintain our capacity to grow in order to take advantage of the measures we have implemented over the past year for sustained profitability as we achieve our revenue goals.”

“For the prior quarter and six months, gross profit margins increased 9 basis points to 37 and 38 respectively for each period,” concluded Mr. Fitzpatrick.  “We expect our improvements in gross margin to remain consistent in the second half of the year.  We continue to address our cost structure and realized an improvement in operating costs equating to a 13% reduction.  It should also be pointed out that our cash position remained neutral and consistent with the year-end 2012 levels.”

Earnings Conference Call Today, Wednesday, May 2, 2012 @ 10:00 a.m. EDT:

Beacon’s Management will hold a conference call today, Wednesday, May 2, 2012 at 10:00 a.m. EDT to discuss its fiscal second quarter 2012 financial results for the period ending March 31, 2012. Participants on the call will include Bruce Widener, Chairman and CEO; Paris Arey, Executive Vice President Sales and Marketing; Michael Martin, Executive Vice President Global Services and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.  The teleconference can be accessed by calling 888-495-3916 and entering conference ID # 74625231.  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. EDT on Friday, May 4, 2012 by calling 404-537-3406 and entering conference ID # 74625231.

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.

For financial tables, please go to the “Investor Relations” tab.

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.

– Company Intends to Establish Formal Executive Stock Purchase Program in Near-Term –

LOUISVILLE, KY, April 25, 2012 — 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, today announced that the Company’s senior management and directors will begin making voluntary open market purchases of the Company’s common stock at various prices; and that the Company intends to establish a formal Executive Stock Purchase Program in the near-term.

A number of the Company’s senior executives have expressed a desire to re-engage in voluntary, open market stock purchases beginning May 4, 2012, (a minimum of 48 hours after the filing of the Company’s Form 10Q for the second fiscal quarter ended March 31, 2012).  All open market purchases will be made with personal funds at various discretionary times and prices and will have no impact on the Company’s financial statements or cash balance.  These open market purchases are a continuation of previous, voluntary purchases of Beacon stock by various executives and is expected to continue in the future.

Currently, insiders of Beacon are subject to a blackout period, and prohibited from purchasing stock, due to the recent ending of the Company’s fiscal second quarter 2012 and upcoming 10Q filing with the SEC.  The Company recognizes the recent volatility in its stock price and that executives and directors may voluntarily purchase shares in the open market at their discretion, subject to applicable securities laws, after the blackout period ends.  Individuals may make purchases from time to time at prices of their choosing.  The Company also intends to support the individual usage of an Executive Stock Purchase Program in response to management’s desire to individually acquire additional shares on a voluntary, discretionary and regular basis thereafter.

“While we’ve experienced some recent challenges, our confidence in our business model and prospects for the future remain strong,” stated Bruce Widener, CEO and Chairman of Beacon Solutions.  “The executive team and board believe the Company’s market value and growth prospects are not fairly reflected in its current share price, which represents a unique opportunity for our personal investment in additional Beacon shares.  We’re committed to leveraging our operational and execution expertise in the global ITS infrastructure market to maintain significant annual revenue growth, to achieve sustainable profitability, and to build long-term value for our shareholders, customers, partners and employees.”

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.

“In addition to reporting results for the quarter ended March 31, 2012, we look forward to providing shareholders with an update on the outlook for the current quarter ending June 30, 2012, and the remainder of the year,” stated Bruce Widener, Chairman and CEO of Beacon.  “We’ll also be discussing some of the benefits that we’re already experiencing as a result of our recent personnel changes.  In my opinion, executive personnel decisions are among the most important decisions that a CEO and the board have to make.  The recent decision to make a change in sales and operations leadership was not made hastily and was the result of thorough and careful deliberation.  We now have two highly capable and experienced executives 100% dedicated to Beacon, providing focused leadership in their respective areas of the business.  I believe we made the right decision for the company and its shareholders and look forward to providing an opportunity to hear from our new Executive Vice Presidents, Paris Arey and Michael Martin on the conference call on May 2.”

Participants on the call will include Bruce Widener, Chairman and CEO; Paris Arey, Executive Vice President Sales and Marketing; Michael Martin, Executive Vice President Global Services and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.

The teleconference can be accessed by calling 888-495-3916 and entering conference ID # 74625231.  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. EDT on Friday, May 4, 2012 by calling 404-537-3406 and entering conference ID # 74625231.

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.

With the recent announcements of the departure of Jerry Bowman, former President and COO, and the additions of Paris Arey, EVP of Sales and Marketing and Michael Martin, EVP of Global Services, Beacon has assigned Jerry’s prior responsibilities to two highly qualified executives.  Paris is now accountable for global sales, marketing and business development, while Mike will lead global operations, which includes the delivery of major ITS projects, outsourcing, and managed services.  Together, these changes bring increased capabilities and focus on sustainable growth for our shareholders and quantifiable business impact for our customers.

Paris Arey is an international ITS sales executive with over 30 years of experience in leading high performance teams with global sales and operational expertise that will extend Beacon’s sales growth and reach.  Mike Martin is also an experienced ITS industry veteran as well as decorated former officer of the U.S. Coast Guard, with a strong background in professional services operations and business development that will bring additional depth to Beacon’s executive team.

“While these leadership changes are very positive and will enable Beacon to better capitalize on available market opportunities going forward, our fiscal Q2 business experienced project delays that will negatively impact our results for the quarter ending March 31, 2012,” stated Bruce Widener, Chairman and CEO of Beacon.  “Although financial statements for the quarter are not yet complete, we expect to see an isolated revenue shortfall for the quarter of approximately 35% versus the same period last year.  We plan to report full quarterly results on or before May 14, 2012.  With solid management controls in place, we have taken the necessary actions to successfully manage through the temporary decline in revenue, while effectively servicing all of our debt obligations and continue to focus resources on business development and delivering quality service to our customers.”

“Our current quarter outlook for fiscal Q3 (ending June 30, 2012) has customer orders already returning to approximately fiscal Q1 revenue levels,” continued Mr. Widener.  “In addition, we expect the implementation of projects delayed in fiscal Q2 and new projects resulting from the continued refinement of our value proposition and increased sales activity to allow us to resume and maintain our historical double-digit growth rate for this year and beyond.”

“In the current quarter, we’re already seeing an increase in client activity as they focus on acquisition-based integration efforts and the resulting ITS infrastructure requirements.  We’re also seeing an increase in large project proposals for existing and new Fortune 1000 clients.  As we look forward, we are optimistic about the added strength of our growth focused leadership team and are encouraged by the demand we’re seeing in the market and the business drivers that continue to increase the value and relevance of Beacon’s solutions,” concluded Mr. Widener.

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 a regional headquarters in 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.

– Bowman to Focus on BICSI Presidency and Industry Consulting –

LOUISVILLE, KY, April 11, 2012 — Beacon Enterprise Solutions Group, Inc. (OTC BB:  BEAC) (www.askbeacon.com), a global leader in the design, implementation and management of high performance Information Technology Systems (ITS) infrastructure solutions, today announces that Jerry L. Bowman, President and Chief Operating Officer, is resigning his position with the Company, effective April 9, 2012.  Beacon has appointed Paris Arey, EVP of Sales and Marketing to take over Bowman’s former business development responsibilities; and Michael Martin, EVP of Global Services will be assuming Bowman’s previous operational accountabilities for the delivery of major ITS project, outsourcing, and managed services to national, multinational and global customers.

Since joining Beacon in 2009, Bowman has played a key role in focusing the Company on its core offering, eliminating non-core products and associated costs, and driving the expansion of global operations.  He also led the implementation of a cloud-based financial, sales and professional services automation software platform.  With Bowman’s assumption of the duties of BICSI President last month, he intends to broaden his related industry leadership and corporate consulting experience.

“This is an exciting time for Beacon,” stated Jerry Bowman, outgoing President and COO of Beacon.  “While many other organizations have adopted a “wait-it-out” approach to our recent economic challenges, Beacon’s executives have actively transformed the Company in preparation for the ITS market resurgence that seems to be imminent for Q3 and Q4 of this year.  I am more convinced than ever that Beacon has the right business model, the right services, and the right management team to prosper in the ITS market segment.”

“Jerry has made important contributions to Beacon over the past two-and-one-half years,” stated Bruce Widener, Chairman and CEO of Beacon.  “We wish Jerry success in his future endeavors; and look forward to a continued positive relationship with him and BICSI in the years to come.”

“We are also confident and excited about Paris’ and Mike’s abilities to execute and enhance Beacon’s strategies,” added Mr. Widener.  “Since joining Beacon in January 2012, Paris has further solidified relationships with our principal accounts; and has set a solid direction to significantly improve our organic and channel partner sales over the ensuing months.  Mike, who started in March 2012, also brings exceptional credibility, energy and discipline to the ITS professional services management side of our business.  Together with the rest of our growth-focused leadership team, Beacon’s operational capabilities are stronger than ever.  We believe the Company is very well-positioned to diversify its global customer base and accelerate its profitable growth.”

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.

LOUISVILLE, KY, April 10, 2012 — 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, today announces the appointment of Michael L. Martin, age 39, to the position of Executive Vice President, Global Services.

Michael Martin brings over 16 years of leadership experience to Beacon, guiding teams across a broad range of positions as an officer in the U.S. Coast Guard, as well as with Fortune 500 and small- to mid-cap companies.  Mr. Martin brings a unique blend of technical skills combined with a strong background in operational business development and execution that are expected to help drive Beacon’s continued growth.  Most recently, Mike served as Senior Director, Business Development for ADTRAN, a global leader in the network equipment manufacturer space specializing in Internet access technologies.  In addition to ADTRAN, Mr. Martin has also held senior positions in Product Management, Sales, Engineering and Marketing with Calix Networks and Sprint.  Prior to his business career, Mike spent more than six years as a decorated officer in the U.S. Coast Guard, receiving numerous commendations for leadership as well as commanding USCGC POINT MONROE for 2 years.

Mr. Martin holds a Bachelor of Science with High Honors in Naval Architecture and Marine Engineering from the United States Coast Guard Academy.

“Mike Martin will be a fantastic addition to lead the Global Services team,” stated Bruce Widener, Chairman and CEO of Beacon.  “His proven track record in the ITS industry and military provide the discipline and focus to manage a global operations team.  Mike’s leadership will continue to expand our current and future relationships with Fortune 1000 clients, through direct interaction and communication.  His responsibility will cover the full spectrum of Beacon services, including master planning, engineering and design, project and program management just to name a few.  I am excited to bring Mike into the Beacon executive leadership team to drive and expand our organic growth strategies with Fortune 1000 clients.”

“I am excited to join an emerging market leader in the global ITS space,” said Mr. Martin.  “Beacon is transforming the way the industry views ITS infrastructure services and their unique value proposition is taking hold within the Fortune 1000.  The Company has an impressive track record of customer growth and has built a solid reputation in the industry.  I’m excited to join this very talented team to help drive Beacon’s continued success.”

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.

LOUISVILLE, KY, February 22, 2012 — 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, today provides an overview of its Enterprise Infrastructure Management (EIM) documentation service offering to new and existing Fortune 1000 firms with national, multi-national and global sites.

Very few companies have remained at a steady state during the last few years – they are either growing through M&A activity or consolidating operations as a cost-cutting measure.   As a result of the churn in locations and the introduction of unfamiliar standards and infrastructure, corporate management is increasingly forced to make facility and ITS decisions when creating budgets, planning for global rollouts and change management without having all of the facts about their enterprise infrastructure.  Beacon’s new suite of EIM documentation services provides the enterprise executive the ability to make informed facility and ITS decisions on mission-critical issues.

The Beacon EIM documentation program provides clients a unique, dynamic, view of their entire infrastructure, not just within their data centers.  By incorporating data center management into the overall enterprise program, Beacon is able to to show connectivity and dependencies throughout the entire organization for all six (6) layers of technology, beginning with fixed, hardware and virtual infrastructure and ending with applications, services and business processes.  Because of this the EIM program provides information for the both the dynamic, as well as static environment, which bridges the gap between basic facility needs such as power and those needs within the IT infrastructure.  The end result is the Beacon client will have better overall facility and IT information to improve efficiencies for planning and managing the infrastructure.

The Beacon Enterprise Infrastructure Management (EIM) program contains the following elements:

• Real-time, 7X24 access with a GUI (Graphical User Interface)
• Local, hosted and cloud-based access
• The ability to query site data and build MS Visio logical and elevated drawings on demand
• The ability to use site data for planning across the entire enterprise or a subset of it
• The ability to easily field map and extract updated site data from existing/new as-built or MAC work submitted in MS Excel file format
• Provides optional access to real-time compliance from the closet level to a view of the entire global enterprise

Beacon’s EIM documentation service is available to clients at six (6) different levels based on needs and requirements.  Each level builds upon each other starting with basic infrastructure and then adding at each respective level, power, network equipment, servers and applications.  Since clients often dispatch several vendors to collect the same information from the same sites, a return on investment can often be realized during the first year of this service and will compound in following years if the site goes under ITS management.  Travel is a significant component of any physical site audit as technicians travel to multiple sites to gather data.  Since all data can be gathered across all six (6) simultaneously there is an economy of scale plus 60-80% reduction in travel expenses.  Clients can realize a 50% or greater reduction in site audit expenses the first year and can reduce planning time for future rollouts and projects to days instead of months.

“Growth and change are the enemy of the informed decision and a real obstacle to the deployment of any global ITS upgrade or rollout and often results in huge budget and timeline overruns, and even failure,” explained Jerry Bowman, President and COO of Beacon.  “If the corporate decision-maker doesn’t have a real time snapshot of the enterprise’s active and passive infrastructure, then planning and budgeting become a guessing-game.  The EIM documentation service takes the guessing out of enterprise IT and Facilities planning and reduces project planning time and redundant travel expenses.  We see this service as responding to real challenges that our clients are facing today, and believe this crucial service will provide clients a six to nine month return on investment, significantly reduced spend and shorter project ramp up times for consolidation and mergers.  We expect to see a majority of our existing and new clients utilize this service, which typically results in revenue within 60-90 days of the engagement.”

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.

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.