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October 16, 2008
Answerthink and Synactive Announce Alliance to Benefit Customers Using SAP Solutions
MIAMI, Oct. 16, 2008 - Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) and a gold-level SAP channel partner specializing in the sale, implementation and support of SAP® solutions, today announced that it has formed an alliance with Synactive Inc., a leading developer of high-quality software components in support of SAP applications.
Synactive, a California-based company, implements products tailored precisely to meet the practical needs of users of SAP solutions. Their products include GuiXT Mobile Suite, GuiXT Offline Suite, GuiXT Portal Suite and GuiXT Developer Suite, which can be implemented quickly and without modification to core applications.
"Our alliance with Answerthink underlines our efforts to address core challenges on usability and provide customers with an in-depth understanding of their strategic challenges and knowledge of SAP best practices," stated Thomas Ewe, CEO for Synactive.
Answerthink, which has achieved gold-level status as an SAP channel partner, resells, implements, supports, upgrades and remotely manages SAP applications throughout all industries.
Answerthink solutions and services help clients significantly improve performance and maximize returns on technology investments. Synactive products are designed to further optimize the SAP user interface without modifying the system.
"Synactive's products enable our customers to transform advanced, multi-screen SAP processes and transactions into single-screen views, increasing both ease of use and data entry speed," stated John McGrath, Managing Director for Answerthink. "As powerful as SAP applications are, Answerthink knows that software alone is not enough to transform businesses into world-class performers. We help our clients generate exceptional value from their investments in SAP applications through our unparalleled knowledge of best practices and our alliances with companies such as Synactive."
About Answerthink
Answerthink (www.answerthink.com), has achieved gold-level status as an SAP channel partner that develops and offers qualified SAP Business All-in-One partner solutions - industry-specific software, implementation, and training packaged solutions. By leveraging the best practices database of The Hackett Group, Answerthink helps clients improve performance and maximize returns on SAP software investments. Answerthink is a division of The Hackett Group and has offices in the United States and India.
About Synactive Inc.
Synactive Inc. is a privately held software company headquartered in Foster City, CA, with a presence in EMEA through Synactive GmbH. Synactive Inc. has established industry specific alliances with leading corporations in the Automotive, Discrete Manufacturing, Consumer Products, Aerospace & Defense, High Tech, Oil & Gas, and Pharmaceuticals across the world. Additional information about Synactive is available at www.guixt.com.
SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause Answerthink'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 the 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 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 information technology industry, our ability to attract and retain skilled employees, possible changes in collections of accounts receivable, risks of competition, price and margin trends, foreign currency fluctuations, changes in general economic conditions and interest rates as well as other risks detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2006 filed with the Securities and Exchange Commission. 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.
