Resources Connection, Inc. Announces Early Release from Lock-up of up to 850,000 Shares

May 1, 2001 12:00 AM EDT
Resources Connection, Inc. Announces Early Release from Lock-up of up to 850,000 Shares Costa Mesa, Calif., May 1, 2001 -- Resources Connection, Inc. (NASDAQ: RECN), announced today that Credit Suisse First Boston and Deutsche Banc Alex. Brown, co-lead underwriters on its initial public offering dated December 14, 2000, have agreed to release the underwriters' lock-up restrictions on up to 850,000 shares of the company's common stock owned by non-executive employees. These shares will become available for trade as of May 4, 2001, subject to compliance with any resale restrictions under applicable federal and state securities laws. Remaining shares under lock-up will become available for trade after June 12, 2001.

Resources Connection, Inc. is an international professional services firm that provides accounting and finance, human capital and information technology services on a project basis. Headquartered in Costa Mesa, California, the Company operates out of 41 offices domestically and three internationally. More information about the company is available at www.resourcesconnection.com.