Credit Today is the fastest growing publication in the credit field, favored by more and more top credit executives. We cover the world of business, or trade credit, with concise, yet in-depth, reporting. We also publish the most in-depth salary survey in the industry, covering all major credit positions.Credit Today is the fastest growing publication in the credit field, favored by more and more top credit executives. We cover the world of business, or trade credit, with concise, yet in-depth, reporting. We also publish the most in-depth salary survey in the industry, covering all major credit positions.   
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CreditPoint Software
PRESS RELEASE - The Hackett Group Expands in Asia-Pacific Region
October 14, 2008
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THE HACKETT GROUP NEWS RELEASE
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Media Contact: Gary Baker, Communications Director, The Hackett Group 917-796-2391 or gbaker@thehackettgroup.com
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The Hackett Group Expands in Asia-Pacific Region

Newly-Hired Practice Leader to Serve Australia, Singapore & New Zealand; Alliance with LNH, Inc. Will Drive South Korean Efforts

ATLANTA & LONDON, October 14, 2008 - The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, today announced their plans to extend its global reach and enhance its ability to offer industry-leading benchmarking, business advisory programs, and transformation services in Australia, Singapore, New Zealand, and South Korea.

To support its efforts in Australia, Singapore, and New Zealand, Keith Robbins has been hired to serve as Hackett's first Asia-Pacific Practice Leader. For the South Korean market, Hackett has signed an alliance agreement allowing LNH, Inc. to market Hackett's offerings.

The new relationships are designed to expand Hackett's channel presence beyond the US and Europe, where it has already established itself as a global leader enabling organizational effectiveness strategies. Hackett already has relationships with many of the leading global 1000 companies based in the Asia-Pacific region, and this expansion will also enable Hackett to better serve these clients.

Robbins will drive Hackett's efforts to build out a team of regional experts to serve these markets. Robbins was most recently the vice president and CFO Asia-Pacific for BearingPoint (formerly KPMG Consulting). He joined KPMG in 1996, where he held various leadership positions in the Australia, New Zealand, and Singapore region.

LNH, based in Seoul, South Korea, is a consulting services company whose goal is to enhance global competitiveness by offering companies actionable, up-to-date market intelligence in partnership with firms worldwide. They have worked with hundreds of companies in Asia, including Samsung Electronics, LG, Telecommunications firm KTF, SK Telecom, ETRI, and NHN Corp.

"In recent years we've done significant business in these parts of the Asia-Pacific region due to the global nature of our client base," said Hackett Chief Operating Officer David Dungan. "By bringing on board both Keith Robbins and LNH, we now expect to significantly expand our presence. Keith has a strong consulting background and an exceptional track record in the region. For the South Korean market, we went with LNH because the strategy of working with regional partners has worked quite well for us in the Nordic region, and we believe that in LNH we have found a partner that understands our business and will provide us with a excellent entry point with clients in Korea that are seeking to improve the efficiency and effectiveness in finance, IT, HR, procurement, and other back-office areas."

According to Keith Robbins, "The depth of Hackett's benchmarking data and best practice intellectual property creates a value proposition for clients that is almost impossible to find elsewhere, even from the largest consulting companies. In today's global economic climate, companies are also very focused on cost savings, and on freeing up much-needed cash by improving working capital performance. This creates a tremendous market opportunity for Hackett, which I believe will drive significant success in this region."

According to LNH President and CEO Chongsue Lim, "LNH is proud to be an alliance partner of The Hackett Group. Hackett's offerings are unique in their use of proven best practices backed by benchmarking data; practices that enable world-class companies cut costs and improve the effectiveness in key operational areas. Based on our experience, there's tremendous need for empirically-based advice to assist executives in this region move towards world-class performance. We are confident the market will welcome Hackett, and look forward to a long and successful partnership."

About The Hackett Group

The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, is a leader in best practice advisory, benchmarking, and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insights from more than 4,000 benchmarking engagements, executives use Hackett's empirically based approach to quickly define and prioritize initiatives to enable world-class performance. Through its REL brand, Hackett offers working capital solutions focused on delivering significant cash flow improvements. Through its Hackett Technology Solutions group, Hackett offers business application consulting services that helps maximize returns on IT investments. Hackett has worked with 2,700 major corporations and government agencies, including 97% of the Dow Jones Industrials, 73% of the Fortune 100, 73% of the DAX 30 and 45% of the FTSE 100.

Founded in 1991, The Hackett Group was acquired by Answerthink, which was renamed The Hackett Group in 2008. The Hackett Group has global offices in the United States, Europe and India.

More information on The Hackett Group is available: by phone at (770) 225-7300; by e-mail at info@thehackettgroup.com; or on the Web at www.thehackettgroup.com.

# # #

Certain statements in this press release are "forward looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward looking statements. Factors that impact such forward looking statements include the ability of the Company to attract additional business, changes in expectations regarding the information technology industry, the ability of the Company to attract skilled employees, possible changes in collections of accounts receivable, risks of competition, price and margin trends, changes in general economic conditions and interest rates as well as other risks detailed in the Company's reports filed with the Securities and Exchange Commission.


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