HHGP Hudson Highland Grp., Inc. (MM)

Hudson Financial Solutions Strengthens Enterprise Risk Management Practice Business Risk Director Ed Becmer and ERP Expert Laurie Mulford Join to Support Consulting Services NEW YORK, May 23 /PRNewswire/ -- Hudson Financial Solutions, a provider of end-to-end solutions for complex financial issues, has bolstered its North American enterprise risk management practice with the addition of two new national leaders who will focus on solutions in areas such as risk management, ERP systems, internal audit outsourcing and co-sourcing, and ongoing Sarbanes- Oxley compliance. The Financial Solutions practice has hired Laurie Mulford, national director for enterprise risk management, and Ed Becmer, CPA, national director of business risk services. As Sarbanes-Oxley, Basel II, and improved business processes are increasingly setting companies' financial and operational priorities, enterprise risk management has become an essential part of total business strategy. Hudson Financial Solutions assists its clients with all aspects of risk management, from planning to implementation. The practice also specializes in helping small and midsize firms implement a total risk management strategy that fits their unique requirements. As a national practice director, Ed Becmer will hold responsibility for strategic planning, service offering development and training for risk management. Becmer will lead Hudson's business risk services, which provides solutions for enterprise-wide risk management covering specialized areas such as internal audit co-sourcing and outsourcing, regulatory compliance, treasury risk and forensic accounting. Becmer began his career in public accounting with Deloitte & Touche. Since that time, he has served as CFO in privately-held companies and a publicly- traded Fortune 500 company in the commercial real estate industry. Becmer's expertise encompasses both public and private company finance, initial public offerings, SEC reporting, global Sarbanes-Oxley compliance and internal audit management. Laurie Mulford will lead Hudson's enterprise risk planning (ERP) services with responsibility for strategy, service development and global alliances. Mulford will ensure that Hudson's solutions meet companies' technology, operational and compliance needs on a global basis. Hudson assists Fortune 1000 clients with the full scope of their enterprise environment including vendor selection, pre- and post-implementation reviews, and implementation of ERP packages and compliance tools. Mulford has significant experience managing both U.S.-based and global projects in all four major enterprise risk planning software packages such as security and controls reviews, training, change management, and Sarbanes-Oxley compliance in the ERP/IT arena. Prior to joining Hudson, she spent 17 years with Xerox Corporation in a variety of strategic and operational positions including three years in London as European Implementation Manager. Mulford also served as Director of Technology Risk at Protiviti. "The addition of these two professionals signals our commitment to building a strong team with a depth of expertise from public accounting, internal audit and risk surrounding large systems," said Dee Lonn, executive vice president of Hudson Financial Solutions. "Ed and Laurie add considerable value to our group of knowledge leaders who work together to create a collective knowledge base to solve our clients' critical issues." Hudson Financial Solutions Hudson Financial Solutions is a practice of Hudson. Our strength is assisting financial leaders with solutions to complex issues frequently encountered during: internal audit, mergers & acquisitions, enterprise risk management and other project initiatives in the accounting and finance departments. More information is available at http://www.us.hudson.com/finance. Hudson is a division of Hudson Highland Group, Inc. (NASDAQ:HHGP), one of the world's leading professional staffing, retained executive search and human capital solution providers. A $1.3 billion global organization, the company employs more than 3,800 professionals serving clients and candidates in more than 20 countries through its Hudson and Highland Partners businesses. More information is available at http://www.hudson.com/. Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference. DATASOURCE: Hudson Financial Solutions CONTACT: Kara L. Wallace of Hudson Financial Solutions, +1-952-852-4431, Web site: http://www.hudson.com/ http://www.us.hudson.com/finance

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