CRA International Expands Capabilities in Texas
BOSTON--(BUSINESS WIRE)--Sept. 21, 2007--CRA International, Inc. (Nasdaq:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the opening of an office in Austin, Texas. Jeff Andrien, a vice president in the firm's Finance Platform, will lead a team of seasoned consultants in the new office. CRA operates three additional offices in Texas in College Station, Dallas, and Houston.
Working closely with academics from the University of Texas at Austin and other universities, Mr. Andrien and the team of new consultants will focus on matters involving securities, valuation, and commercial damages. The office will also provide clients with access to the depth and breadth of CRA's entire range of economic, financial, and business consulting services.
"We are pleased to welcome Jeff Andrien and this experienced team of finance professionals to CRA's new location in Austin," said CRA Executive Vice President and Finance Platform Leader Paul Maleh. "Their practical experience along with their close ties to academics at the University of Texas and other leading universities provide an exciting platform to address a wide range of client needs."
Mr. Andrien specializes in economic and financial analysis of securities, commercial damages, and intellectual property issues. He has advised clients in engagements involving valuations, forensic accounting, bankruptcy, financial disclosures, and generally accepted accounting principles. Other leaders joining Mr. Andrien in the Austin office include Principal Paul Benoit and Senior Consultant Dr. Greg Hallman.
Paul Benoit is a certified public accountant with more than 13 years of experience in consulting on accounting, intellectual property, and valuation-related issues. He has provided expert testimony in both federal and state court.
Dr. Greg Hallman is a senior consultant to CRA and a member of the faculty in the Finance Department of the University of Texas McCombs School of Business. Dr. Hallman teaches graduate-level courses in investments, real estate finance (mortgage-backed securities), and valuation. In addition, Dr. Hallman has provided expert testimony in federal and state court on matters involving securities, valuation, intellectual property, and commercial damage issues.
About CRA
Founded in 1965, CRA International is a leading provider of economic and financial expertise and management consulting services. Working with businesses, law firms, accounting firms, and governments, CRA is a preferred consulting firm for complex assignments with pivotal and high-stakes outcomes. The firm is distinguished by a unique combination of credentials: deep vertical experience in a variety of industries; broad horizontal expertise in a range of functional disciplines; and rigorous economic, financial, and market analysis. CRA offers a proven track record of thousands of successful engagements in regulatory and litigation support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. Headquartered in Boston, the firm has sixteen offices within the United States, and ten offices in Canada, Europe, the Middle East, and the Asia Pacific region. Detailed information about CRA is available at www.crai.com.
Statements in this press release concerning the opening of the Austin office, access to client services, and the expected future business, operating results, and financial condition of the Company, and statements using the terms "anticipates," "believes," "expects," "should," or similar expressions, are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon management's current expectations and are subject to a number of factors and uncertainties. Information contained in these forward-looking statements is inherently uncertain and actual performance and results may differ materially due to many important factors. Such factors that could cause actual results to differ materially from any forward-looking statements made by the Company include, among others, changes in the Company's effective tax rate, share dilution from the Company's convertible debt offering and stock options, the impact of Financial Accounting Standards Board Statement No. 123R and total stock-based compensation, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, utilization rates, factors related to its recent acquisitions, including integration of personnel, clients, offices, and unanticipated expenses and liabilities, risks associated with acquisitions it may make in the future, risks inherent in international operations, the performance of NeuCo, changes in accounting standards, rules and regulations, management of new offices, the potential loss of clients, dependence on growth of the Company's business consulting practice, the unpredictable nature of litigation-related projects, the ability of the Company to integrate successfully new consultants into its practice, intense competition, risks inherent in litigation, and professional liability. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of its forward-looking statements after the date of this press release.
CONTACT: CRA International, Inc.
James C. Burrows, 617-425-3700
President and CEO
or
Sharon Merrill Associates
Jim Buckley, 617-542-5300
Executive Vice President
SOURCE: CRA International, Inc.