HHGP Hudson Highland Grp., Inc. (MM)

Hudson Highland Group Announces Filing of Acquisition Shelf Registration Statement NEW YORK, Oct. 6 /PRNewswire-FirstCall/ -- Hudson Highland Group, Inc. (NASDAQ:HHGP), one of the world's leading providers of specialized professional staffing, retained executive search and human capital solutions, today announced that it has filed an acquisition shelf registration statement on Form S-4 with the Securities and Exchange Commission for the possible future issuance from time to time of up to an aggregate of 675,000 shares of the company's common stock in connection with acquisitions. The registration statement will replace the company's existing acquisition shelf registration statement filed on April 22, 2004 under which 166,413 shares of common stock remained available for issuance. The acquisition shelf registration statement filed today will enable Hudson Highland Group to issue shares of its common stock in one or more possible future acquisition transactions. These transactions may include the acquisition of assets, businesses or securities, whether by purchase, merger or any other form of business combination. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Written copies of the base prospectus and, when available, any prospectus supplements may be obtained by contacting Hudson Highland Group, Inc., 622 Third Avenue, New York, NY 10017, Attention: Secretary. About Hudson Highland Group Hudson Highland Group is one of the world's leading professional staffing, retained executive search and human capital solution providers. We help our clients achieve greater organizational performance by assessing, recruiting and developing the best and brightest people for their businesses. Our approximately 3,600 employees in more than 20 countries are dedicated to providing unparalleled service and value to our clients. More information about Hudson Highland Group is available at http://www.hhgroup.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 Highland Group, Inc. CONTACT: Richard W. Pehlke of Hudson Highland Group, +1-212-351-7285, ; or John D. Lovallo of Ogilvy Public Relations Worldwide, +1-212-880-5216, , for Hudson Highland Group Web site: http://www.hhgroup.com/

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