PRESS RELEASE

For additional information –Karen Cook 901/842-1241

CORNERSTONE SYSTEMS ANNOUNCES MANAGEMENT CHANGES

Memphis, TN, February 12, 2014 – Memphis-based third party logistics provider Cornerstone Systems, Inc. (“Cornerstone”) announces a restructuring of company leadership. Effective immediately, Rick Rodell, current Chairman/CEO will remain as Chairman of the Board for the company. Stepping up to the CEO position will be Tim Clay, currently Cornerstone’s President/CCO.

Clayhas served as Cornerstone’s President since October 2002 and Chief Commercial Officer since July 2012.A founding member of Cornerstone, Mr. Clay previously held the position of Chief Operating Office since 1998 and Chief Financial Officer since Cornerstone’s inception in 1997. Prior to Cornerstone, he worked for MCS as Controller in 1986 and later as Chief Financial Officer in 1990.

“Just over a year ago, Rick (Rodell) and our executive management team set up an employee stock ownership plan, effectively giving ownership of Cornerstone to our employees”, said Clay. “Since then, our employees have been sharing more in the company’s successes. My job as CEO will be to continue that tradition by meeting, and exceeding, the needs of our customers.”

“What sets us apart from our competitors is our focus on the customer and our employees”, said Rick Rodell. “Tim has been with me for 28 years, and has the same “count on us” attitude towards our customers as I do, as well as the understanding that taking care of our employees ultimately results in their taking care of our customers. We have always had the goal of a company that truly cared for its people, and the ESOP was the last step in realizing that goal. I’m excited for Tim, I’m excited for Cornerstone and my family is excited for me, as am I. My wife Karen and I will get to travel more, take our two sons, their wives and our grandkids with us when school permits, and get to do some of those things that running a company just does not allow. I’ll still be coming in the office and will be sitting down with Tim and the staff periodically, but the day to day operations now fall to Tim and his staff.”

Continuing to build on the foundation set in place by Rick Rodell is Mr. Clay’s direction for the company. “Rick and our management team have built a strong company here”, said Clay. “We have very low customer and employee turnover. Our values and our purpose statement are what guide this company. Every day we are dedicated to providing Rock Solid Transportation Solutions for our clients. These are not just words, these are words we live by - the cornerstone of the company.”

With service coverage spanning all of North America, Cornerstone Systems offers intermodal, railcar & railcar consolidation, truck brokerage, container drayage, LTL, on-site logistics, warehousing & transloading services and more. As a nationally recognized, award winning company, Cornerstone’s proven professionals vow to offer Rock Solid Transportation Solutions.

Count on Cornerstone –The Clear Choice– for Rock Solid Results. An Employee Owned Company. U.S. EPA SmartWay Transport Partner. Better Business Bureau A+ Rating. For more information, visit

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