Thomas Group Announces Intent to Voluntarily Deregister its Common Stock

Thomas Group, Inc. TGIS today announced that it has filed post-effective amendments to each of its outstanding Registration Statements on Form S-8 to deregister all shares of the Company's common stock remaining unissued under the compensation plans to which those Registration Statements relate. It also announced that it intends to voluntarily deregister its common stock by filing a Form 15 with the Securities and Exchange Commission (the "SEC") under the Securities Exchange Act of 1934, as amended. The Company is eligible to deregister because it has fewer than 300 holders of record of its common stock. Prior to filing the Form 15, the Company will seek no action relief from the SEC requesting that the Company's obligation to file certain reports with the SEC, including Forms 10-K, 10-Q, and 8-K, be suspended immediately upon the Form 15 filing. In the event no action relief is not granted, the Company's obligation to continue filing such reports after the Form 15 filing will continue until the Company files its 2011 Form 10-K.