Mainline Information Systems to Acquire Cornerstone Systems, Bringing
Together the Solution Delivery Strength of Two “True
Blue” IBM Premier Business Partners
TALLAHASSEE, Fla. (Business Wire EON) May 14, 2008 --
Today, Mainline Information Systems, Inc. and Cornerstone Systems, Inc.
announced that they have signed an agreement in principle in which
Mainline Information Systems will acquire Cornerstone Systems. This
transaction will join two leading “True Blue”
IBM Premier Business Partners.
“As ‘True Blue’
partners, both Mainline and Cornerstone provide comprehensive technology
solutions based only on industry-leading IBM platforms,”
explained Rick Kearney, President and CEO for Mainline. “This
acquisition allows us to combine nearly four decades of experience, the
expertise of the industry’s best System z
technical professionals, along with nearly 700 employees who focus on
delivering infrastructure solutions, such as business continuance,
virtualization, security and optimization to our clients.”
“Joining the strength of Mainline and
Cornerstone means many advantages for customers,”
stated Herb Chittum, President of Cornerstone. “Expanded
local technical coverage and more extensive customer care and support,
combined with continued excellence in solution delivery are just some of
the benefits customers will experience.”
While this acquisition is centered on combining the two companies’
System z (mainframe) solution practices, Mainline and Cornerstone have
both built strong partnerships with IBM and established a cross-industry
customer base by delivering technology encompassing the entire IBM
System Server and System Storage product lines, including entry-level
and midrange platforms.
“Over the years, the death of the mainframe
has been predicted many times,” stated
Kearney. “However, the mainframe remains a
part of our core offerings. IBM’s priority
has always been to understand customers’
business needs and, through continuous innovation, support those needs.
The System z server is the result of such a customer-centric approach to
solution innovation. Thus, System z is once again emerging as the
leading platform choice by customers for running stable, reliable
enterprise-wide solutions. So, bringing together two leading system z
partners is a natural fit.”
Over the next several weeks, the companies will be working on transition
and integration plans with an intended close by end of June 2008.
Mainline and Cornerstone’s existing
operations and locations are complimentary to one another and will
remain intact.
About Mainline
Founded in 1989, Mainline began by offering information technology
solutions and consulting in the IBM midrange markets. Since then, it has
become an IBM Premier Business Partner and global provider of
information technology and business solutions with more than 600
employees nationwide. Headquartered at 1700 Summit Lake Drive,
Tallahassee, Florida 32317, Mainline provides solutions throughout the
United States, Puerto Rico, Canada, Brazil and Mexico. The company may
be reached by phone at 850-219-5000 and on the Internet at www.mainline.com.
About Cornerstone Systems
Founded in 1991, Cornerstone Systems has established itself as an IBM
Premier Business Partner and leader in providing System z infrastructure
solutions. Employing over 95 individuals Irvine, California based
Cornerstone has offices throughout the United States, Puerto Rico,
Canada and Europe and can be reached via phone at 714-368-8100.
All company, brand or product names are registered trademarks or
trademarks of their respective holders.
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