Huron Consulting Group Tops Entrepreneur Magazine’s Hot 100 List for the Second Year in a Row
CHICAGO - June 1, 2006 - Huron Consulting Group (NASDAQ: HURN), a leading provider of financial and operational consulting services, has been ranked No. 1 on Entrepreneur magazine's Hot 100 list for the second year in a row. Entrepreneur magazine's 12th Annual Hot 100 list for 2006 is comprised of the fastest-growing new businesses in America.
"The recognition by Entrepreneur magazine reflects Huron's drive to deliver relevant, results-based services to our clients - and it points to the talent and energy of our people," said Gary E. Holdren, chairman and chief executive officer, Huron Consulting Group. "Huron is in demand because we understand the challenges our clients face and we have the experience to help them perform beyond their expectations."
Huron commenced operations in May 2002 with a core group of experienced financial and operational consultants. In less than four years, the Company has grown from revenues of $35.1 million in 2002 to $207.2 million in 2005. More than 75 percent of 2005 revenues came from 2004 clients. Huron has also quadrupled its headcount from approximately 200 people in 2002 to more than 800 people today in a highly competitive talent market. In October 2004, Huron became a publicly traded company on the NASDAQ National Market under the symbol "HURN". In addition to a reputation for growth, long-term client relationships, and professional satisfaction, Huron is recognized for its active commitment to community. Huron's senior professionals are involved in more than 100 charitable organizations. For example, Huron and its Managing Directors pledged $500,000 to hurricane relief efforts in 2005. The Company marked its four-year anniversary on May 13, 2006.
"Huron Consulting Group helped us transform our legal function. Huron provides practical answers and solutions that we can use. They have an 'inside' grasp of the issues we faced and knew how to help us navigate and overcome those challenges - they are the 'hands on' type," said Craig Glidden, senior vice president and general counsel with Chevron Phillips Chemical Company and immediate past chairman of The Texas General Counsel Forum.
Entrepreneur's Hot 100 featuring Huron can be found in the magazine's June issue and at www.entrepreneur.com/hot100.
About Huron Consulting Group
Huron Consulting Group helps clients effectively address complex challenges that arise in litigation, disputes, investigation, 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 http://www.huronconsultinggroup.com/.
Jennifer Frost Hennagir, Director
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