February 15, 2011

Hi-Tech Pharmacal Successfully Goes "Live" With SAP® Applications by Vistex, Implemented by Answerthink

MIAMI, February 15, 2011 - Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) and an SAP gold channel partner, today announced the successful go-live implementation of the SAP® Incentive Administration application by Vistex and the SAP Paybacks and Chargebacks application by Vistex at Hi-Tech Pharmacal.

Hi-Tech is a leading manufacturer and marketer of branded and generic liquid pharmaceutical products in the United States. As a developer and manufacturer of liquid and semi-solid dosage forms, Hi-Tech is currently presented with enormous opportunities never before available to them - over $5 billion in branded liquid and semi-solid pharmaceutical products will lose patent protection over the next five years. These products include solutions for oral, optic and ophthalmic use; solutions for inhalation, suspensions and nasal sprays; as well as creams and ointments.

To remain competitive as a manufacturer within the life-sciences industry, Hi-Tech frequently offers its customers special promotions. The execution and monitoring process of these programs can be complicated, slow and costly. With SAP Paybacks and Chargebacks by Vistex, Hi-Tech will be able to effectively manage the entire process life cycle.

Answerthink was selected to implement this solution and upgrade Hi-Tech's system to fully automate the chargeback and rebate processing, which included maintaining the business best practices along with the life-sciences industry-standard validation practices.

"SAP Paybacks and Chargebacks will streamline our process in validating claims against agreements, prevent overpayment of chargebacks and allow for the accurate calculation of customer rebates," stated Jim Tracy, vice president of Information Technology, Hi-Tech Pharmacal.

"We believe that the most important objective for Hi-Tech is to implement the right product in the right place for the right pricing. This can be achieved through the use of the SAP Incentive Administration and SAP Paybacks and Chargebacks applications," said John McGrath, managing director of Answerthink.

Answerthink is a strategic business and technology consulting firm that enables companies to achieve world-class business performance. Answerthink offers a suite of solutions for industries including life sciences, consumer products, industrial machinery and components, wholesale distribution, and service providers. In addition to support of SAP software, Answerthink offers a broad array of implementation services designed to enable clients to achieve world-class business performance and maximize the return on technology investments.

About Answerthink

Answerthink (www.answerthink.com) is an SAP gold channel partner that develops and offers qualified SAP Business All-in-One partner solutions - industry-specific software, implementation and training packaged solutions. By leveraging the best practices database of The Hackett Group, Answerthink helps clients improve performance and maximize returns on investments in SAP software. Answerthink is a division of The Hackett Group.

About The Hackett Group, Inc.

The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm to global companies, offering digital transformation including robotic process automation and enterprise cloud application implementation. Services include business transformation, enterprise analytics, working capital management and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its award-winning Oracle and SAP practices.

The Hackett Group has completed more than 13,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 87% of the Fortune 100, 87% of the DAX 30 and 58% of the FTSE 100. These studies drive its Best Practice Intelligence Center™ which includes the firm's benchmarking metrics, best practices repository and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.

Media Relations

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