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ICF Will Continue to Support Nationally Recognized Commercial Lighting Program
Fairfax, Virginia,
March 5, 2009 - ICF Resources, LLC, a subsidiary of ICF International (NASDAQ: ICFI), was recently awarded a recompete contract by the New York State Energy Research and Development Authority (NYSERDA) to continue work on promoting effective, energy-efficient lighting design within the state. The two-year agreement started in 2008 and is valued at $2.2 million.
Since 2000, ICF has assisted NYSERDA with the design and implementation of the New York Energy $martSM Small Commercial Lighting Program (SCLP), the first of its kind. Named an “Exemplary Program” by the American Council for an Energy-Efficient Economy, NYSERDA established SCLP to implement high quality, energy-efficient lighting design in spaces less than 25,000 square feet. Since the program’s inception, more than 9 million square feet of qualifying lighting projects have been designed and installed, saving electricity equivalent to nearly 10,000 New York State households.
“NYSERDA’s Small Commercial Lighting Program has helped more than 1,200 small businesses save $7 million annually on their electric bills and contribute to a cleaner, healthier environment,” said Bruce Appelbaum, ICF vice president and energy efficiency expert. “ICF is proud to have contributed to the success of this innovative program, and we look forward to continuing to work with NYSERDA to expand effective energy-efficient lighting solutions to a much larger audience.”
Under the current agreement, ICF will transition SCLP into a broader-reaching Commercial Lighting Program (CLP) in order to capture a greater market for lighting upgrades, renovations, and new construction. Specific tasks include providing training and technical support, promoting new lighting design methods and high-efficiency lighting equipment, reviewing and processing incentive applications, and supporting program marketing and communications.
“Our new partnership with ICF will build upon our efforts to design the most efficient lighting for energy consumers of all sizes,” said Francis J. Murray, Jr., president and CEO of NYSERDA. “This initiative will reduce energy bills for businesses across New York State. It will also help us reach Governor Paterson’s goal of meeting 45 percent of our electricity requirements through a combination of energy efficiency and renewable sources by the year 2015.”
ICF is a leader in designing and implementing programs that transform the markets for energy-efficient goods and services. The firm works with energy companies, governments, public benefit agencies, and commercial clients worldwide to help manage energy consumption and peak demand.
About ICF International
ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
FOR IMMEDIATE RELEASE
Lindsey Litton
1.571.265.1472
Caution Concerning Forward-looking Statements
This document may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995—that is, statements related to future—not past—events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “guidance,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. Federal Government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; the future of the energy sector of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange Commission. These uncertainties may cause ICF’s actual future results to be materially different than those expressed in the Company’s forward-looking statements. ICF does not undertake to update its forward-looking statements.
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