Attached files

file filename
8-K - 8-K - FTE Networks, Inc.v233843_8k.htm
 
Exhibit 99.1

 
 
 
Contact:
Bruce Widener, CEO
502-657-3507
investors@askbeacon.com
 
Porter, LeVay & Rose, Inc.
Marlon Nurse, V.P. – Investor Relations
212-564-4700
 
Halliburton Investor Relations 
Geralyn DeBusk, President, or Hala
Elsherbini, COO
972-458-8000

Beacon Clarifies Retraction of Press Release from August 26, 2011

LOUISVILLE, KY, August 30, 2011 — 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 clarified the Friday, August 26th, retraction of the August 16th press release titled, ”Beacon Enterprise Solutions Announces $3.4 Million Contract Award with the Veteran’s Administration”, stating that the August 16th press release was issued in error.

“No contract with the U.S. Department of Veterans Affairs for RTLS has been awarded to Beacon Enterprise Solutions Group, Inc.,” said Jerry Bowman, President and COO of Beacon.  “We apologize for any inconvenience that this error has caused the VA or others working on RTLS or healthcare-related initiatives.”

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.

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