Penny Stocks SGEG, Suncrest Global Energy Corp. Completes Share Exchange With Beacon Enterprise Solutions Group, Inc.

Transaction Results in New Publicly Traded IT / Telecom Venture

LOUISVILLE, Ky. and COLUMBUS, Ohio, Dec. 28, 2007 (PRIME NEWSWIRE) -- Suncrest Global Energy Corp. (OTCBB:SGEG Penny Stocks) today announced that it has entered into a share exchange with Beacon Enterprise Solutions Group, Inc. (website: www.askbeacon.com). The transaction closed on December 20, 2007. Under the terms of the transaction, the shareholders of Beacon received 9,491,900 shares of Suncrest common stock, constituting a majority of Suncrest's 10,468,021 outstanding common shares as of the closing date, in exchange for 100% of the outstanding common shares of Beacon. After the share exchange, Beacon's officers assumed management control of the Company. Immediately prior to the closing of the transaction with Suncrest, Beacon completed the acquisition of the following IT/Telecom businesses: Advance Data Systems, Inc., d/b/a ADSnetcurve, Louisville, KY; CETCON Incorporated, Cincinnati, OH; Strategic Communications, LLC, Louisville, KY and; Bell-Haun Systems, Inc., Columbus, OH (the "Initial Acquisitions"). These businesses have operating histories ranging from 11 to 30 years. Additional transaction details have been filed with the Securities and Exchange Commission on Schedule 14F-1 and Form 8-K. The Company intends to change its name to Beacon Enterprise Solutions Group, Inc.

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