ANSR Hackett Grp., Inc.(The) (MM)

Answerthink, Inc. (NASDAQ:ANSR) announced today that at its Special Meeting of Shareholders held earlier in the day, its shareholders approved an amendment to its Articles of Incorporation officially changing the name of the Company to �The Hackett Group, Inc.� �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. The name change will take effect on January 1, 2008. 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. About Answerthink Answerthink, Inc. (www.answerthink.com) 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. This press release contains �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 Answerthink's actual results, performance or achievments 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, among others, the ultimate amount of our unrealized investment loss, the ability of Bank of America to liquidate the Fund, the ultimate per share value of the Fund, the timing and amount of the proceeds distributed to us from the Fund, the availability of other cash and cash equivalents to meet our liquidity and operating needs our ability to generate sufficient cash flow to meet cash balance estimates, the ability of the products, services, or practices mentioned in this release to deliver the desired effect, our ability to effectively integrate acquisitions into our operations, our ability to attract additional business, our ability to effectively market and sell our product offerings and other services, the timing of projects and the potential for contract cancellations by our customers, changes in expectations regarding the information technology industry, our ability to attract and retain skilled employees, possible changes in collections of accounts receivable, risks of competition, price and margin trends, foreign currency fluctuations, changes in general economic conditions and interest rates as well as other risks detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2006 filed with the Securities and Exchange Commission. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.