SOURCE: OneNeck IT Services Corporation

February 01, 2007 08:00 ET

OneNeck Expands Oracle ERP Outsourcing Capabilities by Acquiring Delinea Corporation

Acquisition Provides Additional Oracle ERP Outsourcing and Utilities Consulting Capabilities

SCOTTSDALE, AZ -- (MARKET WIRE) -- February 1, 2007 -- OneNeck IT Services announced today it has acquired Delinea Corporation, an information technology services company providing Oracle ERP outsourcing and utilities consulting services. The acquisition adds significant Oracle ERP competencies to OneNeck to complement its 10-year track record in ERP systems management.

Delinea solutions include systems integration, IT strategy and transformation, ERP application management, enterprise asset management, supply chain management and information technology outsourcing. Headquartered in Dallas, Texas, the company has served dozens of utility and energy clients around the globe. In addition, Delinea has a data center and primary operations in Houston, Texas.

"This transaction launches OneNeck further into the Oracle ERP space and favorably positions us to increase market share," said Chuck Vermillion, chief executive officer for OneNeck. "Our vision is to support all Tier 1 applications. With the Delinea acquisition, we're well on our way to achieving this goal."

"In addition, both OneNeck and Delinea customers gain the combined capabilities of two accomplished teams," continued Vermillion. "This wide range of expertise and skill level will allow us to maintain complex Oracle ERP environments on a cost-effective and predictable basis."

"Our future with OneNeck is very promising," adds Trey Swain, Delinea's chief executive officer. "OneNeck has an excellent reputation in the outsourcing industry and has gained the respect of clients, users and industry analysts worldwide. By combining our resources, we will create a host of opportunities and benefits for all stakeholders."

About Delinea Corporation:

Delinea works with utility and energy companies worldwide to implement and manage business systems and technology infrastructures. The company focuses on optimizing the efficiency of, and maximizing the return on, business technology investments. Delinea transforms data into actionable information, beginning with operating and transaction systems. Team members continue with integrating data, producing reports and creating analysis tools to guide strategic and daily operational decisions. More specifically, Delinea solutions include systems integration, IT strategy and transformation, ERP systems, enterprise asset management, supply chain management and information technology outsourcing. For more information, visit www.delinea.com.

About OneNeck:

OneNeck IT Services Corporation is the leading ERP outsourcing services provider to mid-market manufacturing and distribution companies. 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.

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