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Answerthink Changes Name to The Hackett Group, Inc.

Answerthink, Inc. (NASDAQ:ANSR) changed its name to "The Hackett Group, Inc.", effective January 1st. The Company’s common stock will begin trading under the symbol “HCKT” on the NASDAQ Global Market on January 31, 2008. Company executives are scheduled to participate in the Opening Bell Ceremony at the NASDAQ Stock Market on that date.

“We believe that by placing more of our businesses under The Hackett Group umbrella we can take full advantage of the global market permission associated with the brand,” said Ted A. Fernandez, Chairman and Chief Executive Officer.

Answerthink, Inc. is a leading business and technology consulting firm that enables companies to achieve world-class business performance. By leveraging the comprehensive database of The Hackett Group, Answerthink's business and technology solutions help clients significantly improve performance and maximize returns on technology investments. Answerthink's capabilities include benchmarking, business transformation, business applications, business intelligence, and offshore application development and support. Founded in 1997, Answerthink has offices throughout the United States and in Europe and India.

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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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