Huron Consulting Group Marks Its Five-Year Anniversary
CEO Highlights Date by Ringing NASDAQ Opening Bell
CHICAGO - May 9, 2007 - Huron Consulting Group (NASDAQ: HURN), a leading provider of financial and operational consulting services, today celebrated its five-year anniversary by presiding over the ringing of the Opening Bell at the NASDAQ Stock Market.
"Since Huron was founded in 2002, the company has experienced tremendous growth," said Gary E. Holdren, chairman and chief executive officer, Huron Consulting Group. "I want to personally thank the people who have contributed to our achievements - our employees, our clients, and our shareholders. They have helped make the first five years a great success story and will help us make the next five even better."
Headquartered in Chicago, the Company has grown from revenues of $35.1 million in 2002 to $288.6 million in 2006. In October 2004, Huron went public trading on the NASDAQ under the ticker "HURN". The Company has grown from 213 people in May 2002 to more than 1,200 people in May 2007. Huron recently opened its first office overseas in Tokyo, Japan. Since its inception, Huron has conducted more than 3,400 engagements for more than 1,700 clients.
"Huron Consulting Group is an organization filled with extremely smart and talented people," said Steven Molo, a litigation partner with Shearman & Sterling who has worked extensively with Huron's disputes and investigations team. "They are a pleasure to work with because they get to the heart of issues quickly and recommend practical solutions. Their explosive growth over the past five years is a testament to the quality of their work and their attention to client service."
Huron was named the No. 1 fastest growing new business by Entrepreneur magazine in 2005, and again in 2006. Consulting Magazine also named Huron one of the best consulting firms to work for in 2006. The Company is active in its commitment to community development. Huron is a member of the 2016 Chicago Olympic Organizing Committee and the Company and its employees are involved with many local and national community, arts, educational, humanitarian, medical research, and health and wellness organizations.
About Huron Consulting Group
Huron Consulting Group helps clients effectively address complex challenges that arise in litigation, disputes, investigations, regulatory compliance, procurement, financial distress, and other sources of significant conflict or change. The Company also helps clients deliver superior customer and capital market performance through integrated strategic, operational, and organizational change. Huron provides services to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations, and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.
Jennifer Frost Hennagir, Director
P (312) 880-3260
F (312) 583-8701