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Beacon Enterprise Solutions Group, Inc. (BEAC) Continues Expansion To The Factory Floor

|Includes: FTE Networks, Inc. (FTNW)

Beacon Enterprise has long been known as a global leader in the design and implementation of IT infrastructure solutions, servicing a growing string of global clients in the U.S. and Europe. Recently, however, the company has been able to tap the existing relations it has with its various Fortune 100 clients to expand the scope of its products to include the addition of a new Industrial Network Services offering. The move is a major expansion into client enterprise manufacturing operations and represents an opportunity to extend its established infrastructure expertise in field engineering, design, construction, and management onto the factory floor.

The biggest boost in this direction came in February of 2012, when Beacon announced that it had lined up roughly $2 million in new ITS business from existing clients, projects geared toward extending the company's utility information technology systems services into the manufacturing side. Beacon pointed to the past decade, during which industrial command and control systems have increasingly used data networks to integrated factory floor information into the greater supervisory and business computer systems of enterprises.

Beacon is well into the initial work that is expected to ultimately support 18 global manufacturing sites and generate $2 million in incremental revenue for fiscal 2012. The work involves IT site assessment, design and build efforts, and associated management capabilities, for which Beacon has already developed a reputation.

Beacon's President and COO, Jerry Bowman, said of the move: "We are excited to formally enter the industrial network arena. We've been watching the advances in technology in this space and see positive indicators that our clients are ready to leverage the benefits that our IT clients have enjoyed in their enterprise networks for years. Some of these analog networks were built more than 20 years ago, so the need for our services in this space is significant. By offering this service we are extending our global reach to the manufacturing floor and providing the consistent, predictable services to our clients who utilize industrial automation. In line with our business strategy, this strategy significantly reduces the number of vendors our clients need to maintain their existing and planned ITS infrastructure."

For additional information, visit the company's website at AskBeacon.com

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