REL: Reuters, "Corporate America Taking Longer to Collect: Study"

Market Wire, September, 2008

Corporate America is having the hardest time getting its customers to pay their bills since the last U.S. recession in 2001, according to a new study from consultancy REL (NASDAQ: HCKT) and CFO Magazine. The 1,000 largest U.S. public companies in 2007 took 41 days on average to collect payments from their customers, up from 39.7 days a year earlier and 39.2 days in 2001, the study found.

Click Here to Link to Full Text of Article: http://www.reuters.com/article/reutersEdge/idUSN2745047620080827

The research described in this article is also available for download, with registration, at: www.relconsultancy.com/workingcapital .

About REL

REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT), is a world-leading consulting firm dedicated to delivering sustainable cash flow improvement from working capital and across business operations. REL's tailored solutions balance client trade-offs between working capital, operating costs, service performance and risk. REL's expertise has helped clients free up billions of dollars in cash, creating the financial freedom to fund acquisitions, product development, debt reduction and share buy-back programs. In-depth process expertise, analytical rigor and collaborative client relationships enable REL to deliver an exceptional return on investment in a short timeframe. REL has delivered work in over 60 countries for Fortune 500 and global Fortune 500 companies.

More information on REL is available: by phone at (770) 225-7300; by e-mail at info@relconsultancy.com ; or on the Web at www.relconsultancy.com .

Contact: Gary Baker Communications Director (610) 234-5900 Email Contact