The Hackett Group, Inc. Announces Final Results of Its Dutch Auction Tender Offer

  The Hackett Group, Inc. Announces Final Results of Its Dutch Auction Tender

Business Wire

MIAMI -- October 18, 2013

The Hackett Group, Inc. (NASDAQ:HCKT), a global strategic business advisory
and operations improvement consulting firm, today announced the final results
of its modified "Dutch auction" tender offer (the "Offer") to purchase up to
$25 million in value of its common stock, par value $0.001 per share ("Common
Stock"), which expired at 5:00 p.m., New York City time, on Tuesday, October
15, 2013.

Based on the final count by Computershare Trust Company, N.A., the depositary
for the Offer, a total of 956,253 shares of Hackett's Common Stock were
tendered properly and not withdrawn properly at or below the expected purchase
price of $7.00 per share. The depositary will promptly issue payment for such
properly tendered shares in accordance with the terms and conditions of the

As a result of the settlement of the Offer, Hackett has approximately 30.7
million shares outstanding.

Stockholders who have questions may call Georgeson Inc., the information agent
for the Offer, at (877) 278-9672 (toll free).

Forward-Looking Statements

This press release contains “forward-looking statements” and involves known
and unknown risks, uncertainties and other factors that may cause The Hackett
Group’s actual results, performance or achievements 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 ability of our 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
retain existing business, 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 business consulting
and information technology industries, our ability to attract and retain
skilled employees, possible changes in collections of accounts receivable due
to the bankruptcy or financial difficulties of our customers, risks of
competition, price and margin trends, foreign currency fluctuations, changes
in general economic conditions and interest rates and our ability to obtain
debt financing through additional borrowings under an amendment to our
existing credit facility, as well as other risks detailed in our reports filed
with the SEC. 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.

About The Hackett Group, Inc.

The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic business advisory
and operations improvement consulting firm, is a leader in best practice
advisory, benchmarking, and transformation consulting services including
strategy and operations, working capital management, shared services and
globalization advice. Utilizing best practices and implementation insights
from more than 8,500 benchmarking engagements, executives use The Hackett
Group’s empirically-based approach to quickly define and implement initiatives
to enable world-class performance. Through its REL group, The Hackett Group
offers working capital solutions focused on delivering significant cash flow
improvements. Through its Archstone Consulting group, The Hackett Group offers
Strategy& Operations consulting services in the Consumer and Industrial
Products, Pharmaceutical, Manufacturing and Financial Services industry
sectors. Through its Hackett ERP Solutions group, The Hackett Group offers
business application consulting services that help maximize returns on IT
investments. The Hackett Group has completed benchmark studies with over 3,500
major corporations and government agencies, including 97% of the Dow Jones
Industrials, 84% of the Fortune 100, 87% of the DAX 30 and 48% of the FTSE


The Hackett Group, Inc.
Robert A. Ramirez, CFO, 305-375-8005
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