Thomas Group Ranked Number One Fast Track Company; Consulting Firm's Outstanding Performance Recognized by The Dallas Morning N
May 16 2006 - 4:17PM
Business Wire
Irving-based Thomas Group (Nasdaq:TGIS), a leading operations and
process improvement firm, has been ranked the "Number One Fast
Track Company in Dallas/Fort Worth by The Dallas Morning News. "We
are very excited at Thomas Group about this recognition by the
media for a job well done. The ranking allows others to see that
small companies can perform at a level equal to or greater than
many of the larger companies," said Thomas Group President and CEO
Jim Taylor. The Dallas Morning News noted that in 2005 Thomas Group
"shareholders can boast the fattest returns of any public company
in the Dallas area in 2005--a jaw dropping 510 percent. Shares of
Thomas Group climbed from $1.35 to $8.20." Thomas Group's stock
price closed at approximately $10.50 on May 15, 2006. According to
the article in the newspaper's May 14 issue, "The Fast Track
measures companies' 2005 performance in four areas--sales growth,
profit growth, total stock return, and return on assets--as
compiled by Bloomberg News. Thomas Group's performance was the best
among the 200 public companies in the Dallas area and placed it No.
1 on the Morning News' 12th annual Fast Track list." -0- *T How
Thomas Group made it to the top of the list: -- Return on Average
Assets 68.97% -- Profit Growth over the Prior Year 357.76% -- Sales
Growth over the Prior Year 43.44% -- 2005 Total Stock Rate of
Return 510.88% *T In response to the ranking, Taylor said, "We
always had a strong vision on where we should be and what our
potential growth would be in the coming years. It is especially
meaningful when you consider that the consulting industry had its
worst year ever in 2003 and for most, the recovery has been slow.
We are very optimistic on the future of Thomas Group." While Thomas
Group does not make projections, Taylor expects to see continued
growth in the company's core competency which is operational
improvement. "We continue to believe that our value statement of
'With the same or less resources (manpower, equipment, software,
etc.), we can substantially improve your operations by reducing the
time it takes to perform your product or service, improve
productivity, improve the quality of your end product or service
and do all of this with less money.'" About Thomas Group Thomas
Group, Inc. (Nasdaq:TGIS) is an international, publicly traded
business consulting firm. Thomas Group's unique brand of process
improvement and performance management services enable businesses
to enhance operations, improve productivity and quality, reduce
costs, generate cash and drive higher profitability. Known as The
Results Company(SM), Thomas Group creates and implements customized
improvement strategies for sustained performance improvements in
all facets of the business enterprise. Thomas Group has offices in
Dallas, Detroit and Hong Kong. For additional information on Thomas
Group, Inc., please go to www.thomasgroup.com.
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