SOURCE: OneNeck IT Services Corporation

February 26, 2007 09:14 ET

Esselte Corporation Selects OneNeck to Host Its North American Dynamics AX User Environment

OneNeck to Manage Esselte's Multi-Location IT Infrastructure

SCOTTSDALE, AZ -- (MARKET WIRE) -- February 26, 2007 -- OneNeck IT Services announced today it has entered into a multi-year contract with Esselte Corporation to provide IT outsourcing services. Under the terms of the contract, OneNeck will manage the underlying infrastructure for Esselte's 14 North American sites. Specific services will include server management, desktop and local area network support, batch job processing and monitoring. In addition, OneNeck will be hosting Esselte's Microsoft® Dynamics AX environment as well as a number of other mission-critical servers.

Esselte is a leading global office supplies manufacturer in North America and provides office organizational solutions in the filing and workspace categories. The company holds a 40 percent market share in these categories. In July 2002, Esselte was acquired by Boston-based J.W. Childs Associates, L.P., a private equity firm. Esselte represents the third J.W. Childs portfolio company to select OneNeck for its outsourcing services.

"Our objective is to provide a better and consistent level of IT services for our North American business at a lower overall cost to the corporation," said Mark Katz, Esselte vice president, worldwide IT. "At the same time, we want to provide 24/7 management for mission-critical systems.

"Although we evaluated larger outsourcing companies, we found OneNeck's services more flexible and cost-effective," continued Katz. "By enlisting OneNeck to handle our end-user and data center operations, we can focus the IT organization on our ERP, Business Intelligence and Lean initiatives."

"We're pleased Esselte has selected OneNeck for its infrastructure management," said Chuck Vermillion, CEO for OneNeck. "Our significant in-house resources will provide a meaningful and predictable solution to the company. And, as a Microsoft Gold Certified Partner with competencies in Advanced Infrastructure, Information Worker and Microsoft Business Solutions, our proven track record will translate into cost benefits for Esselte's Microsoft® Dynamics AX environment.

"In addition, Esselte becomes OneNeck's third customer from the J.W. Childs portfolio of companies," continued Vermillion. "This referral business represents a level of trust that is especially rewarding. We look forward to becoming an integral part of Esselte's IT team during the coming years."

"OneNeck has served as a trusted advisor to our firm for several years," said Jeffrey J. Teschke, principal of J.W. Childs Associates. "They continue to bring operational improvements, focus and financial predictability to our portfolio companies."

Editor's Note: OneNeck is exhibiting at Microsoft Convergence 2007, March 11-14, San Diego, Booth #432.

About Esselte:

Esselte, with executive offices in Stamford, Conn., USA, is a leading global office supplies manufacturer with annual sales of approximately USD 1 billion, subsidiaries in 33 countries and approximately 5,000 employees worldwide. The company develops innovative solutions that simplify the modern home and workplace. Esselte sells more than 30,000 different office products in over 120 countries; its principal brands include Esselte, Leitz, Oxford®, Pendaflex and Xyron. More information about Esselte can be found by visiting www.esselte.com.

About JW Childs Associates, L.P.:

J.W. Childs Associates, L.P. ("JWC") is a private equity firm based in Boston, Massachusetts specializing in leveraged buyouts and recapitalizations of middle-market growth companies. Since 1995, JWC has invested in companies with a total transaction value of over $10 billion. They currently invest through J.W. Childs Equity Partners III, L.P., an investment fund with total committed capital from financial institutions, pension funds, insurance companies and university endowments of $1.75 billion.

About OneNeck:

OneNeck IT Services Corporation is the leading ERP outsourcing services provider to mid-market manufacturing and distribution companies. The company was ranked the Number One ERP Management Outsourcer for 2006 in the "Black Book of Outsourcing." OneNeck supports a variety of ERP applications, including Baan, BPCS, JD Edwards, Microsoft Dynamics AX and Oracle, and offers a wide range of services including application, database and network management, data center management, 24/7 customer support, disaster recovery and desktop support. OneNeck's global solutions enable customers to improve ERP system performance and leverage their enterprise applications to deliver measurable business benefits. For additional information, visit the OneNeck IT Services home page at www.OneNeck.com.

Contact Information