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Former Iroquois Pipeline VP and Expert in Strategic Planning and Natural Gas Markets
Houston, Texas,
March 7, 2007 - ICF International (Nasdaq: ICFI) announced today that Herbert Rakebrand has joined the firm as a vice president to lead the firm’s Houston natural gas practice. He is an expert in strategic planning, pipeline expansion and storage, natural gas markets, and liquefied natural gas (LNG). With more than 25 years of experience, Mr. Rakebrand will work from the firm’s Houston office to provide management and advisory services to natural gas companies and help develop additional coordination of natural gas and electric power operations. “Herb is a seasoned professional whose decades of expertise will further expand the firm’s capabilities in Houston and allow us to provide an additional range of services within the natural gas industry,” said Jimmy Glotfelty, a vice president and director of ICF’s Houston office.
Most recently, Mr. Rakebrand was the president of Rakebrand and Associates in Southbury, CT, where he was responsible for providing strategic management advisory services to energy companies. Prior to that, he was vice president of marketing and transportation at Iroquois Pipeline Operating Company in Shelton, CT, where he was responsible for the business operations and profit and loss for a one billion cubic foot a day natural gas transmission pipeline.
Mr. Rakebrand has a Master's of Business Administration in Finance from Long Island University and a Bachelor's of Engineering in Mechanical Engineering from Stony Brook University. He also was an adjunct professor in quantitative analysis within the finance department of Long Island University.
ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security 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 2,000 employees serve these clients worldwide.
For Immediate Release Contact: Stacey Hohenberg 1.703.218.2504
This document may contain “forward-looking statements”—that is, statements related to future—not past—events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as “guidance,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include: risks related to the government contracting industry, including possible changes in government spending priorities; risks related to the Company’s business, including its dependence on contracts with U.S. Federal Government agencies and departments and continued good relations, and being successful in competitive bidding, with those customers; performance by ICF and its subcontractors under a major contract with the State of Louisiana, Office of Community Development; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; strategic actions, including the ability to make acquisitions and the performance and future integration of acquired businesses; risk associated with operations outside the United States; 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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