Relationship Enhances Complementary Executive Coaching and Professional Development Services

CHICAGO, March 19 /PRNewswire-FirstCall/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII), the world's premier executive search and leadership consulting firm, today announced that it has formalized an alliance with Lore International Institute to provide executive coaching and professional development services to its clients worldwide.

Heidrick & Struggles has been engaged in collaborative projects for several months with Lore, a professional development firm that specializes in executive coaching, leadership team development, assessment, and education. The two firms already share a number of clients and will build on these existing relationships as they market their integrated services to new and prospective client organizations.

"We are pleased to have partnered with a proven, well-established firm like Lore. Formalizing our relationship marks a major milestone in Heidrick & Struggles' strategy to expand our breadth of offerings beyond executive search as we seek to help our clients build the best leadership teams in the world," said Wes Richards, Senior Managing Partner for Leadership Services at Heidrick & Struggles. "Powered by Lore's worldwide scope and wealth of experience among its coaching network of more than 100 professionals, we will add tremendous value to our client relationships."

Added Dr. Terry Bacon, President and Chief Executive Officer of Lore, "This is a remarkable opportunity for both firms. Heidrick & Struggles and Lore both share a focus on helping clients maximize the effectiveness of their leadership teams, but we do it in different and complementary ways. Together, we offer far more."

Lore's executive coaching and professional development are a complement to Heidrick & Struggles Executive Assessment, a top-end leadership consulting service that provides clients with an objective assessment of their management teams. Lore's services will broaden the scope and deepen the impact of Heidrick & Struggles Executive Assessment with offerings that assist executives in transition, newly placed executives, and executive team development. The integrated services will be particularly beneficial for clients that are experiencing periods of intense organizational change.

About Lore International Institute
Lore International Institute is a leading global executive coaching and professional development firm. Since its founding in 1989, Lore has grown to employ nearly 180 people worldwide, including more than 100 coaches, consultants and faculty. The Lore organization includes the Lore Research Institute (LRI), which conducts original research in areas related to professional development, leadership, and other areas that contribute to business performance. Staffed with professional researchers and research fellows, the LRI publishes a series of research reports, white papers, books, and other materials designed to help clients make more informed business and professional development decisions. Lore's organization also includes the Lore Professional Development Group, which provides corporate education services ranging from executive education to business development training and consulting.

About Heidrick & Struggles International, Inc.
Heidrick & Struggles International, Inc. is the world's premier provider of executive-level search and leadership consulting services. Currently, approximately 1,800 Heidrick & Struggles search professionals and employees operate from locations primarily in North and South America, Europe, and Asia Pacific. For nearly 50 years, Heidrick & Struggles Executive Search has specialized in chief executive, board member and senior-level management assignments for a broad spectrum of clients: multi-national corporations, mid- cap and start-up companies, nonprofit entities, educational institutions, foundations, associations and governmental units. We are expanding our range of complementary services to offer solutions to senior management teams for their leadership needs, including recruitment of emerging talent, executive assessment, interim executive placement, and professional development. For more information about Heidrick & Struggles, visit our web site at http://www.heidrick.com/ .

SOURCE Heidrick & Struggles International, Inc.

Web site: http://www.heidrick.com/

CONTACT: Media, Eric Sodorff, +1-312-496-1613, esodorff@heidrick.com , or Analyst, Lynn McHugh, +1-312-496-1593, lmchugh@heidrick.com , both of Heidrick & Struggles International, Inc.; or Media, Dr. Terry Bacon, +1-970-382-7112, Bacon@lorenet.com , or Analyst, Terryl Leroux, +1-970-382-7134, Leroux@lorenet.com , both of Lore International Institute