HHGP Hudson Highland Grp., Inc. (MM)

Hudson Accounting and Finance Strategy Evolves to Lead with Consulting Solutions Experts Stephen Bickford, Wendy Degler and Joe Taylor Join to Bolster Consulting Services NEW YORK, Sept. 21 /PRNewswire-FirstCall/ -- Hudson, one of the world's leading professional staffing, outsourcing and human capital solutions providers and a division of Hudson Highland Group, Inc. (NASDAQ:HHGP), has converted its North American accounting and finance business model to focus on financial solutions in areas such as risk management, internal audit outsourcing and co-sourcing, and Sarbanes-Oxley compliance. The renamed Financial Solutions practice operating under the Hudson Global Resources division has brought on Joe Taylor, Vice President; Stephen Bickford, National Director for Information Technology (IT) Risk Management; and Wendy Degler, National Director for Cash Management Solutions. Organized around key national practice areas, Hudson will provide end-to- end solutions to CFO's, controllers and key financial leaders for their complex initiatives. The IT Risk Management practice enables comprehensive, sustainable approaches to ensure that clients' IT activities are aligned with their key business strategies. The Cash Management Solutions practice helps companies streamline and better manage business processes to positively impact cash flow through asset recovery, sales and use tax audit, disbursements, and accounts payable and receivable. Hudson's recent acquisition of JMT Financial Partners, a financial project management firm, supported the expansion of its consulting capabilities into a national network. "Our recruiting strength and established project methodologies guided this transition as a natural extension of our growth strategy," said Thomas B. Moran, President of Hudson Global Resources, North America. "With our depth of consulting expertise and national reach, Hudson offers a tremendous value proposition for both clients and consultants in the financial arena." As Vice President for Hudson Financial Solutions, Joe Taylor holds responsibility for strategic planning, high-level sales, service offering development and training. He has significant experience providing consulting solutions and strategic staffing for financial and technical projects, preceded by extensive experience as a senior financial executive and CFO. He joins Hudson from Robert Half International, where he served most recently as Vice President, National Accounts. In that role, he partnered with Fortune 1000 clients to design and implement consulting and staffing solutions across multiple disciplines. Stephen Bickford has more than 20 years of finance and information technology audit experience in managing and completing IT governance reviews, financial and operational regulatory compliance IT audits. Prior to joining Hudson, Bickford was a senior manager for a CPA firm, a project manager for an international professional services firm and an information systems manager for Ernst & Young. Wendy Degler has over fourteen years of progressive cost and financial accounting experience in a variety of Fortune 500 industrial and manufacturing companies. She joins Hudson from Jefferson Wells International, where she was Director of Accounting and Finance and held responsibility for managing and performing financial projects covering Sarbanes-Oxley, cost recovery audit and business process improvement. "These three senior professionals epitomize our approach of applying key knowledge experts with first-hand experience and practical strategies to solve our clients' challenges," said Dee Lonn, Executive Vice President of Financial Solutions, Hudson Global Resources. "Joe, Steve and Wendy bring impeccable credentials and invaluable consulting experience to our new business model." Hudson Hudson Financial Solutions assists financial leaders with solutions to complex issues frequently encountered during: Sarbanes-Oxley compliance, internal audits, mergers & acquisitions, financial systems implementations, accounts payable audits and other business initiatives in accounting and finance departments. More information is available at http://www.finance.hudson.com/. Hudson is a division of Hudson Highland Group, Inc. one of the world's leading professional services, retained executive search and human capital solutions providers. The company employs more than 3,600 professionals serving clients in more than 20 countries through its Hudson and Highland Partners businesses. 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 CONTACT: Jennifer Bernhart, Hudson, +1-813-890-7379, ; or Anshula Ahluwalia, Ogilvy Public Relations, +1-312-397-6074, , for Hudson Web site: http://www.hhgroup.com/

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