Orrego Named Finalist for Ernst & Young Entrepreneur of the Year® Award

Bloomington, Indiana –June 1, 2006:  Cornerstone Information Systems is proud to announce that CEO Mat Orrego has just been named as a regional finalist in the technology category of the 2006 Ernst & Young Entrepreneur Of The Year® Awards. The Entrepreneur of the Year Award® recognizes “true visionaries who have contributed to economic growth, innovation, and cutting-edge products and services.”  This year’s finalists will be honored at the 20th Annual Ernst & Young Entrepreneur of the Year Awards black-tie gala event on Thursday, June 22nd at Navy Pier’s Grand Ballroom in Chicago.

 

“I’m honored to have been selected as a finalist this year, and it’s great to have Cornerstone be recognized as a generous and innovative company” said Mr. Orrego.  “But what this really means is that all of my employees’ efforts, hard work and dedication are what truly make Cornerstone what it is.”

 

Mr. Orrego was acknowledged for his unique and successful management style and focus—his goal is to always help his employees align themselves with how they best perform tasks.  They are given a broad objective, and they can do what they feel is important to reach goals and contribute to the success of the company.  Mr. Orrego calls it “fostering pride” because he creates an environment where people can apply themselves optimally, be involved in high-level tasks and realize a sense of ownership in everything they do.

 

In addition to Mr. Orrego’s internal successes, Cornerstone Information Systems proves that what you put in is what you get out of something.  Mr. Orrego’s winning perspective and guidance has helped bring the company to 53 straight quarters of profit and an average 20% annual revenue growth over the last six years. 

 

From each region’s group of finalists, the Ernst & Young Entrepreneur of the Year® Award recipients advance to the National competition held in Palm Springs, CA in November.

 

About Cornerstone Information Systems, Inc.

Cornerstone Information Systems is a professional services company helping travel management companies, corporate travel departments, airline and global distribution systems work more efficiently and more profitably.  Founded in 1992, Cornerstone Information Systems is a privately held company based in Bloomington, Indiana with personnel in eight locations worldwide. Further information about the company is available at www.ciswired.com or by calling Alan Minton at (812) 269-0014.

 

About The Ernst & Young Entrepreneur of the Year:
The Ernst & Young Entrepreneur of the Year Program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, Ernst & Young Entrepreneur of the Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.

Founded and produced by Ernst & Young, the Entrepreneur of the Year Awards is nationally sponsored by the Ewing Marion Kauffman Foundation. Clifton Gunderson LLP, Indiana Business Magazine, and the Indiana Chamber of Commerce are local sponsors. Recipients of the Entrepreneur of the Year Award become lifetime members of the Entrepreneur of the Year Hall of Fame.

 

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