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FOR
IMMEDIATE RELEASE
RESOURCES CONNECTION ANNOUNCES THE BRAND CONSOLIDATION
OF THE PROCUREMENT CENTRE NAME TO RESOURCES CONNECTION
Unified
Brand Creates Opportunities For Growth in Supply Chain
Offering
COSTA
MESA, Calif., January 7, 2004
– Resources Connection, Inc. (Nasdaq: RECN), an
international professional services firm, announced
today that in order to consolidate its brand across
all professional service lines, The Procurement Centre,
a wholly-owned subsidiary of Resources Connection, has
been renamed Resources Connection. The Procurement Centre
will go to market as the Supply Chain Management Practice
within Resources Connection.
Resources
Connection acquired The Procurement Centre, a leading
professional services provider of supply chain management
solutions, in October 2002. During the past fourteen
months, The Procurement Centre has leveraged the infrastructure
of Resources Connection to expand its business beyond
the Texas region and will continue this expansion under
the Resources Connection brand.
“The
past year has provided us with the opportunity to integrate
the team of professionals from The Procurement Centre
into our overall business model,” said Donald B.
Murray, Chairman and Chief Executive Officer of Resources
Connection. “The brand consolidation to Resources
Connection is the next logical step in the evolution
of our relationship and the expansion of our supply
chain management services. We will begin to leverage
the international presence of Resources Connection to
offer our growing client roster this value-added offering.”
Operating
as part of the Resources Connection brand will allow
The Procurement Centre to be fully integrated into the
Company and provide its best-in-class supply chain management
services to a wider audience of companies. The two brands
have already worked together on several high profile
accounts.
“We
are pleased that the process has evolved so smoothly,”
said Tracy B. Stephens, Chief Executive Officer of the
Supply Chain Management Practice of Resources Connection.
“Becoming a part of Resources Connection has afforded
us the opportunity to increase our reach beyond our
primary regional targets. We look forward to capitalizing
on the national and international opportunities that
the Resources Connection brand will bring to our attention.”
ABOUT
RESOURCES CONNECTION
Resources Connection, Inc. is an international professional
services firm that provides accounting and finance,
human capital, information technology, internal audit
and supply chain services on a project basis. The Company
was originated as part of Deloitte in North America.
Its legacy in Europe is from Ernst & Young and in
Asia Pacific from Deloitte. Resources Connection today
is completely independent, autonomous and publicly traded
on NASDAQ. In addition to its project professional services,
Resources Connection has established itself as a leading
business services provider for companies seeking independent
and cost effective assistance for meeting or complying
with many of the complex business and regulatory issues
in today's marketplace.
Headquartered
in Costa Mesa, California, the company operates from
more than 60 domestic and international offices. The
U.S. client portfolio boasts 30 of the Fortune 50 companies.
The company was named to Forbes Best 200 Small Companies
list in 2003 for the second consecutive year. More information
about the company is available at http://www.resourcesconnection.com.
 Return
to March 2004 eNewsletter
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