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PC Universe Inc & Beacon Enterprise Solutions Group Inc	Update Date: 11/03/08
Date Announced: 10/09/08
Value (million $USD): 3.5 million U.S. Dollar

Status: Pending

TRANSACTION DETAILS
Date Announced	10/09/08
Date Originally Announced	10/09/08
Format	Merger	Acquisition techniques	Stock Swap
Attitude	Friendly	Agency	Unspecified Regulatory Auth.
Value	3.5 million U.S. Dollar	Advisor Fees	n/a

SYNOPSIS

US - Beacon Enterprise Solutions Group Inc (BE) signed a Letter of Intent {LoI} to acquire all the outstanding common stock of PC Universe Inc, a provider of online information technology products reseller services, in exchange for 3.16 mil BE common shares valued at $3.476 mil. The shares were valued based on BE's closing stock price of $1.1 on October 8, the last full trading day prior to the announcement. The transaction was subject to due diligence and customary closing conditions.

TARGET
Name	PC Universe Inc (OTC : PCUV)
Industries	Information retrieval services; Catalog and mail-order houses
City	Boca Raton
State	FL
Nation	United States
Incorporated in	NV
Public Status	Public
Business Description	PC Universe Inc is a provider of online information technology products reseller services, headquartered in Boca Raton, Florida. The company offers IT products from IBM, HP, Cisco, Microsoft and Symantec. The company was founded in 1995.
Advisors	NULL
Target Sales	34.6 million U.S. Dollar

ACQUIROR
Name	Beacon Enterprise Solutions Group Inc (OTC : BEAC)
Industries	Radiotelephone communications; Communications services, nec
City	Louisville
State	KY
Nation	United States
Incorporated in	n/a
Public Status	Public
Business Description	Beacon Enterprise Solutions Group Inc, headquartered in Louisville, Kentucky, provides technology and telecommunications services for software development and infrastructure design to interconnect voice/data and systems integration.
Advisors	NULL
Acquiror Sales	n/a

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