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Hackett Announces Strategic Alliance with Japan's Nomura Research Institute

The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, today announced a strategic alliance with the consulting division of the Nomura Research Institute, Ltd (NRI), a $3.5 billion company to sell and deliver Hackett Benchmarks In Japan, China, Taiwan, South Korea, The Philippines, and Indonesia.

As part of the alliance, the two companies will launch a Hackett benchmarking services offering in Japan, China, Taiwan, South Korea, The Philippines, and Indonesia in 2010. The relationship provides NRI with exclusive rights to position, sell and execute Hackett benchmark services in Japan, and non-exclusive rights in the other countries. NRI has formed a dedicated Benchmark Solutions sales team to position and sell Hackett benchmarks in these geographies.

The new relationship is designed to expand Hackett’s presence internationally as a global leader in enabling enterprise world-class performance. Over the past few years Hackett has very successfully established similar relationships with companies to promote its services in the Nordic region and Sub-Saharan Africa.

“NRI is a highly respected consultancy in this region, and we’re very happy to partner with them as the latest move in our long-term global growth strategy,” said Hackett Global Benchmark Practice Leader Anthony Snowball. “We believe that NRI will help us powerfully extend the brand awareness of Hackett into these markets, and allow us to further expand our Intellectual Property in the Asia-Pacific region. It’s a very exciting move.”

According to NRI Corporate Senior Vice President and Consulting Division Director Sawaaki Yamada, “A key strategy for us at present is to find new and creative ways to move beyond our traditional business areas. This partnership is an exceptional way to achieve that. Hackett’s benchmarks are an unparalleled tool for companies seeking to improve operational efficiency and effectiveness, and Hackett’s IP offers a wonderful foundation for many traditional consulting and transformation efforts. We’re very excited about having Hackett as a partner.”

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, Inc. in 1997. Answerthink was renamed The Hackett Group, Inc. in 2008. The Hackett Group has global offices in the United States, Europe and Asia/Pacific.

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The Hackett Group

Founded in 1990, The Hackett Group, an Answerthink company, is a business advisory firm providing empirically based advice and best-practices research to executives seeking to drive world-class performance in areas such as finance, IT, human resources and procurement.

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