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Subject: TNM

Converge Technology Solutions Acquires Lighthouse Computer Services, Inc.


TORONTO and NEW YORK, Dec. 5, 2018 /PRNewswire-PRWeb/ -- Converge Technology Solutions, Corp. ("Converge" or "the Company") announced today that it has acquired Lighthouse Computer Services, Inc. (Lighthouse), a Northeast based partner focused on analytics, hybrid cloud, infrastructure, and security. Lighthouse brings highly skilled teams of experienced technology experts, business consultants, and industry thought leaders to Converge's fast growing platform.

Lighthouse President Greg Berard will continue in his role along with the existing Lighthouse management team. Working with Greg, Converge will look to enhance its hybrid IT solutions including identity-based enterprise Blockchain, cognitive, cybersecurity, resiliency managed services, and multi-cloud solutions to customers across North America.

"Our team at Lighthouse helps organizations solve IT challenges by applying innovative cloud, cognitive, and cybersecurity technologies. As trusted advisors, we enable our clients to exceed their goals and objectives to ensure long-term success," said Greg Berard. "We look forward to working with our peers at Converge to impact more organizations while bringing enhanced cloud platform capabilities to our existing clients."

Lighthouse stays on the forefront of innovation, guiding customers through digital transformations with a focus on building secure cognitive applications in hybrid cloud environments. Whether working an on- premise or in a public, private, or hybrid cloud environment, Lighthouse brings the skills and expertise to properly architect secure, effective solutions.

"We are ecstatic that Lighthouse is joining the Converge family of companies," said Shaun Maine, CEO of Converge. "As a top partner in the IBM ecosystem and one of the 12 companies in Red Hat's top Application Partner Program, Lighthouse adds another dimension to our Hybrid IT solutions. This is especially relevant in light of IBM's announcement of its intention to purchase RedHat. As we move forward, Lighthouse will play a significant role in Converge's strategy of becoming a major Hybrid IT solutions provider in the New York marketplace."

Lighthouse marks the sixth acquisition completed by Converge since October 2017. Converge's family of companies also includes Corus Group, LLC; Northern Micro, Inc.; Becker-Carroll; Key Information Systems, Inc.; BlueChipTek, Inc.; and Essex Technology Group, Inc.

About Converge
Converge Technology Solutions Corp. combines innovation accelerators and foundational infrastructure solutions to deliver best-of-breed solutions and services to customers. The company is building a platform of regionally-focused Hybrid IT solutions providers to enhance their ability to provide multi-cloud solutions, blockchain, resiliency, and managed services, enabling Converge to address the business and IT issues that public and private-sector organizations face today. For more information, visit http://www.convergetp.com.

About Lighthouse
Lighthouse is an award winning, IT firm with deep experience and a proven track record of delivering comprehensive solutions in the areas of analytics, hybrid cloud, infrastructure, and security. Since 1995, they have been helping their clients solve their IT challenges, providing on-site support, fostering long- term relationships, and gaining deep knowledge of their client's environments to help them ensure long- term success. For more information, visit http://www.lighthousecs.com.

Notice to Reader: Forward-Looking Statements

1. Forward-Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation regarding Converge and its business. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects," or "does not expect," "is expected," "anticipates" or "does not anticipate," "plans," "budget," "scheduled," "forecasts," "estimates," "believes," or "intends" or variations of such words and phrases or stating that certain actions, events, or results "may" or "could," "would," "might," or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Except as required by law, Converge assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors should they change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE Converge Technology Solutions Corp.


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