April 9, 2007

The Hackett Group to Preview 2007 SG&A Research Findings At 17th Annual Best Practices Conference

"Leveraging Synergies: Myth or Reality," Conference Also Features Presentations by Execs from Honeywell, Abercrombie, Citigroup, Georgia-Pacific, Others

ATLANTA, April 9, 2007 - The Hackett Group, a strategic advisory firm and an Answerthink company (NASDAQ: ANSR), announced today that it will preview findings from its 2007 Book of Numbers™ research at its 17th Annual Best Practices Conference, "Leveraging Synergies: Myth or Reality," in Atlanta April 26 and 27.

The research, which quantifies spending, staffing, economic return, and other key efficiency and effectiveness metrics of world-class performance in finance, IT, HR, procurement and other back-office areas, will be one of several conference highlights. The two-day invitation-only event will also feature presentations by senior executives from 24 of the world's most successful companies including: Honeywell, Abercrombie & Fitch, Citigroup, Georgia-Pacific, Dupont, and Unilever.

Conference presentations will focus on techniques used by world-class companies to achieve synergy across back-office functions, enabling them to reduce costs and achieve other benefits. The topic of synergy will be considered in light of several best practice themes: proven techniques for reducing business process complexity; driving effectiveness and efficiency at the enterprise level; focusing on attracting and retaining top talent; providing real-time information in a real-time world; and maximizing ROI on technology investments.

Lawson Software is the Marquis sponsor for this year's Hackett Best Practices Conference. Cognos is the event's Diamond sponsor. Specialty sponsors include: Concur Technologies, Fidelity Employee Services Company, IBM Managed Business Services, Kronos, and Wipro BPO.

Five Advisory Member Forums and Four Executive Summits will immediately precede the Best Practices Conference on April 25. Functional executives who are members of Hackett's Account-to-Report, Customer-to-Cash, Finance Shared Services, Payroll, and Purchase-to-Pay advisory programs will attend the forums. C-level executives who are members of Hackett's Finance, Enterprise Performance Management, Total Working Capital, Human Resources, Information Technology and Procurement Executive Advisory Programs will attend the summits. The forums and the summits will provide members of Hackett's advisory programs the opportunity to learn about and participate in discussion of the latest research findings, dialogue on relevant issues they are currently facing, and discuss their companies' successes and challenges in an open peer learning environment.

"In the business world, synergy is often the anticipated benefit of corporate reorganizations, cooperation between business functions, or mergers and acquisitions. The expectation is that the combined organization will be greater than the sum of its individual parts. But in reality, many actions aimed at achieving synergy fail to deliver the expected gains," explains Hackett President of Global Enterprise Solutions Richard T. Roth, "How is it that some companies use synergy to successfully and repeatedly improve both efficiency and effectiveness? What are world-class companies doing differently to make synergy work? These are the topics we'll be exploring in this year's Hackett Best Practices Conference."

Executives from 24 companies are scheduled to present at the conference, which will be held at the InterContinental Hotel in Atlanta. The following executives are currently scheduled to present:

Abercrombie & Fitch Vice President Finance Michael Nuzzo
"Growth Drives Need for Supply Chain and Business Management Enhancements"

Convergys President Employee Services Karen Bowman
Genpact Executive Vice President Business Development Tiger Tyagarajan
IBM Managed Business Process Services General Manager Global Finance & Administration Donniel Schulman
Wipro BPO Chief Executive Officer T.K. Kurien
The Hackett Group Chief Research Officer Michel Janssen
Panel Discussion: "Why Outsourcing Is Here to Stay ... The Supplier's Side of the Story"

Agilent Technologies Chief Learning Officer Teresa Roche
"Enabling the Shift from Strategy to Execution"

Answerthink Chief Executive Officer Ted Fernandez

Becton, Dickinson Vice President Global Procurement Christopher Shanahan
"Changing the Way Procurement Engages the Business and Sources"

Boston Scientific Vice President Global Sourcing Karen Weinstein-Millson
Wyndham Vacation Ownership Executive Vice President & CIO Mandy Edwards
The Hackett Group Senior Business Advisor Stephen Joyce
Panel Discussion: "Winning at Talent Management -- What Does It Take?"

Citigroup Managing Director Procurement Services Michael Valentini
"Realizing the Benefits of Scale and Technology in Global Procurement at Citigroup"

Corn Products International Vice President & CFO Cheryl Beebe,
"Keys to Success in Working Capital Process Improvement"

Dow Chemical Director M&A Expertise Center Darius Mistry
"Achieving M&A Synergies via the Integration Management Office"

DuPont Senior Vice President Human Resources James Borel
"Transforming Human Capital -- The DuPont Story"

Freescale Semiconductor Vice President & CIO Samuel Coursen
"IT As A Strategic Enabler for Enterprise Transformation"

Georgia-Pacific Vice President - Controller Jerry Shirk
"Driving Acquisition Synergies in Finance and Accounting Utilizing Market-Based Management®,"

The Hackett Group President Wayne Mincey
"From the Corner Office" Insights

The Hackett Group President Global Enterprise Solutions Richard T. Roth,
"The Synergy Myth: What Do World-Class Companies Know that Others Don't?"

Honeywell International former Chief Executive Officer Larry Bossidy
"Execution: The Discipline of Getting Things Done"

NCR Corporation Vice President & CIO Donald Hopkins
"Realizing Synergies through Globalization -- NCR's Journey"

Pride International Director Global Payroll Services Alan Moidel
"Putting the Puzzle Pieces Together to Achieve Quantum Improvements in Global Payroll"

Rockwell Automation Vice President Finance John Granato
"Taking a 'Macroview' Approach to Global Forecasting at Rockwell Automation"

Statoil Senior Vice President Global Business Services Hans Jakob Hegge
The Hackett Group Vice President European Transformation Tom Bangemann
"Shared Services in Statoil -- History and Steps Ahead"

Textron Vice President & CIO Gary Cantrell
"IT's Role in Enabling the "Networked Enterprise" at Textron"

Unilever US Senior Vice President Finance Neal Vorchheimer
Unilever US Vice President & Controller Jay Hughes
"Leveraging Financial Shared Services as a Value Driver"

Verizon Services Corporation President Daniel Mead
"Centralized Business Operations - Achieving Synergies and Generating Growth"

About The Hackett Group

The Hackett Group, a strategic advisory firm, is a global leader in best practice research, benchmarking, and business transformation services that enable world-class performance across selling, general & administrative (SG&A) and supply chain activities. Hackett provides strategic insight, best practice advice and implementation services grounded in performance metrics obtained through 15 years and 3,500 benchmark studies at 2,100 of the world's leading companies. Through its sister company REL, a world leader in implementing cash flow improvement, Hackett also offers tailored solutions that generate cash flow from operations in addition to process cost savings.

Executives use Hackett's unique, empirically-based approach to prioritize initiatives, execute faster, reduce risk and deliver sustainable results. Our clients comprise 97 percent of the Dow Jones Industrials, 77 percent of the Fortune 100 and 50 percent of the FTSE 100.

Media Relations

Media relations inquiries about The Hackett Group should be directed to Gary Baker, Communications Director at gbaker@thehackettgroup.com or +1 917 796 2391.