REL: CFO Asia, "Buddy, Can you Spare a Trillion?"

Asia's top 850 companies failed to make full use of US$833 billion
in working capital because of inefficient cash flow practices
ATLANTA & LONDON--(Business Wire)--
Last year, CFO Asia's 2007 Working Capital Survey estimated that
the region's 725 biggest companies, excluding automakers, had US$535
billion in working capital unnecessarily tied up in receivables,
payables, and inventories in 2006. It's the same story in this year's
survey, which covered 850 of the Asia-Pacific region's top
enterprises. According to REL, the U.S. consultancy that conducts the
study, US$833 billion in total working capital was not put to
productive use in 2007.

Click Here to Link to Full Text of Article or visit the following
URL: http://www.cfoasia.com/archives/200809-08.htm

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.

The Hackett Group, Inc.
Gary Baker, 610-234-5900
Communications Director
gbaker@thehackettgroup.com

Copyright Business Wire 2008