ICF International’s James R. Stanton Elected to NERC Standards Committee
ICF Energy Expert to Help Improve the Reliability and Security of the Bulk Power System in North America
Houston, Texas, August 22, 2007 -
ICF International (NASDAQ: ICFI) is pleased to announce that James R. Stanton, NERC reliability compliance expert with ICF International, was elected to the Standards Committee of the North America Electric Reliability Corporation (NERC). Mr. Stanton is a past member of the Standards Committee and a current member of the Compliance and Certification Committee at NERC as well.
“ICF International is proud of the leadership role Jim has taken developing and upholding reliability compliance standards in the electric power industry,” said Jimmy Glotfelty, managing director of ICF’s Houston, Texas operations. “NERC is a self-regulatory organization that relies on the diverse and collective expertise of industry participants, and ICF is pleased to support these efforts.”
Mr. Stanton leads ICF’s NERC compliance efforts by supporting utilities, independent power producers, and other users of the bulk power system to ensure they can demonstrate compliance with NERC reliability standards. Mr. Stanton leads ICF teams that develop policies and procedures, conduct risk-based assessments and readiness evaluations, and design training programs to support industry’s compliance efforts.
NERC is responsible for the development and enforcement of Reliability Standards for the bulk electric system. NERC has been approved as the Electric Reliability Organization under the Federal Energy Regulatory Commission to carry out the development and enforcement activities enabled by the Energy Policy Act of 2005. Mr. Stanton has been active as a stakeholder and participant in NERC activities for ten years.
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 2,500 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
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.