Hudson Highland Records 36 Percent Revenue Decline

February 15, 2010 – Hudson Highland Group, Inc./(NASDAQ:HHGP) has posted fourth quarter 2009 revenues of $182.5 million, a decrease of 12.1 percent from $207.5 million for the fourth quarter of 2008. The recruiting company recorded a net loss of $10.4 million, or $0.40 per basic and diluted share, compared with net loss of $80.3 million, or $3.20 per basic and diluted share, during the same period a year ago. For the full year, Hudson Highland had revenues of $691.1 million, a decrease of 36 percent from $1,079.1 million for 2008. In 2009 the company had a net loss of $40.6 million, or $1.56 per basic and diluted share, compared with losses of $74.3 million, or $2.95 per basic and diluted share, the prior year. “We made sequential improvement during the fourth quarter in virtually all of our major markets and business units, and I am further encouraged by some continuing momentum into the first quarter of 2010,” said Jon Chait, chairman and CEO. “Our people around the world stepped up to make impressive contributions to our fourth quarter.”

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