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February 16, 2006

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ACCENTURE NAMES NEW CEO...The board of directors of Accenture (NYSE: ACN) has named CEO William D. Green, 52, to the additional position of chairman, effective Sept. 1. He will succeed Joe W. Forehand, who will retire as Accenture’s chairman on Aug. 31.

CERIDIAN REPORTS QUARTERLY, YEARLY RESULTS...Ceridian Corporation reported fourth quarter 2005 net earnings of $46.7 million, or $.32 per diluted share, on revenue of $379.5 million. Net earnings for the quarter were $11.0 million, or $.07 per diluted share, on revenue of $361.3 million. For the year ended December 31, 2005, net earnings were $127.9 million, or $.86 per diluted share, on revenue of $1,459.0 million. Net earnings were $36.9 million, or $.24 per diluted share, on revenue of $1,320.4 million.

LUXOFT NAMED TO GLOBAL SERVICES 100...Luxoft, Inc., Russia's leading software developer and IT services exporter, was named to the 2006 "Global Services 100" list of the world's most innovative business and technology service providers by Global Services magazine. The company was ranked as one of the "Top 5 to Watch in Central & Eastern Europe." This is Luxoft's second consecutive year on the list, known last year as the Offshore 100.

EMPLOYEASE POSTS RECORD QUARTER...Employease, a leading provider of on-demand HR, benefits administration and outsourcing solutions, posted record results for the three months ending December 31, 2005. Revenues grew 62 percent compared to the three months ending December 31, 2004. The quarter marked the company's 33rd consecutive quarter of revenue growth.

HUNTON & WILLIAMS ADDS PARTNERS...James A. Harvey, James E. Meadows and Karen M. Sanzaro have recently joined the Global Technology and Sourcing Practice group of Hunton & Williams LLP in the firm’s Atlanta office.

FIRST FORBES/OUTSOURCING CENTER 2006 SPECIAL REPORT CLOSES MARCH 21...Forbes and Outsourcing Center are teaming up again in 2006 for two special text/advertising reports focused on best practices in managing outsourcing relationships. The first report is scheduled for the June 5, 2006 issue of Forbes and will close for advertising participation on March 21. The second report will appear in the November 27 issue with a close date of September 11. Participating advertisers receive a text profile or customer case study that will appear in the pages of Forbes magazine, which is read by some 5 million business decisionmakers. For more information and special rates for Outsourcing Alert subscribers, contact Jerry Bowles.

Posted by jbowles at February 16, 2006 08:44 PM