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| 8-K - FTE Networks, Inc. | v208487_8k.htm |
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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
|
Jerry
L. Bowman Promoted to President and COO of Beacon Enterprise
Solutions
LOUISVILLE, KY, January 19, 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), today announces Chief
Operating Officer Jerry L. Bowman has been promoted to the position of President
and COO.
Mr.
Bowman, age 52, joined Beacon in September 2009 as Senior Vice President of
Global Services and was promoted to Chief Operating Officer in April
2010. In the year and a half since joining Beacon, Mr. Bowman has
been focused on building Beacon into a global provider of ITS infrastructure
solutions by increasing sales and support with both existing and new
clients. These changes have positioned Beacon for continued organic
growth and scalability.
“Jerry
Bowman’s promotion to President is well deserved. As a respected ITS
industry leader for over 20 years, he has brought an impressive amount of
expertise and knowledge to Beacon,” said Bruce Widener, CEO of
Beacon. “Jerry has been instrumental in realigning our operations and
sales organizations to focus on our four core professional services disciplines
which provide the highest gross margin. This realignment has
positioned Beacon to effectively address our primary vertical markets and
realize the vast opportunities that exist within the strategic marketing
relationships established with outside plant, global integrators and Smart
Enterprise partners. Further, Jerry’s efforts and thought leadership
have been the catalyst in refining and refocusing Beacon’s business
plan.”
“I am
proud to be given this additional responsibility with Beacon,” stated Jerry
Bowman. “We have spent the last 18 months refining the business
strategy and focusing the Operations team on our core capabilities and
capacity-related structure. Including Sales and Global Account Management on my
team will serve to further align solution development, client expectation and
service delivery. This move also complements the teaming and
marketing agreements we’ve put in place over the last 18 months. Our
Sales Division, led by Mark Gervasoni, is focused to identify and integrate
global partners and marquee clients resulting in solutions for our existing and
new vertical markets. This new responsibility when combined with the
strategic realignments we’ve announced over the last 18 months, position Beacon
to reach and exceed our revenue and margin targets.”
Mr.
Bowman has served as a member of a number of industry associations and work
groups, and has been a featured speaker and thought leader for various industry
publications and organizations. He serves as the President-Elect of
BICSI (Tampa, FL), an educational, credentialing organization and standards body
supporting the ITS industry. He has served on the Board of Directors of BICSI
for 5 years, and as the Chair of various committees and
subcommittees.
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.
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