Hudson Highland Records 37 Percent Revenue Decline

November 5, 2009 – Hudson Highland Group, Inc./(NASDAQ:HHGP) has posted third quarter 2009 revenues of $169.6 million, a decrease of 37 percent from $269.2 million a year ago. The company posted a net loss of $6.9 million, or $0.26 per basic and diluted share, compared with net income of $0.3 million, or $0.01 per basic and diluted share, for the third quarter of 2008. “Sequential improvement of adjusted EBITDA during the third quarter was encouraging,” said Jon Chait, chairman and CEO. “This achievement was counter to typical third quarter seasonal softness and resulted from the company's earlier restructuring actions and increased sequential demand in some markets. While we expect the environment to remain challenging, I expect we will continue to deliver improved sequential financial results for the fourth quarter of 2009 and into 2010.”

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