ICF International Recognized as the Leader in Climate Change Consulting
Independent Research Firm Recognizes Company’s Track Record, Environmental Expertise, and Business Analysis Skills
Fairfax, Virginia, July 14, 2008 -
ICF International (NASDAQ:ICFI), a leading global provider of carbon mitigation and climate change adaptation services to companies and governments around the world, was singled out as the leader in climate change consulting services by Verdantix, an independent business research firm focused on climate change, carbon markets, and corporate responsibility.
In its report, “Verdantix Green Quadrant: Climate Change Business Consulting,” the research firm evaluated the climate change offerings of 16 consulting firms. ICF was the only firm to be recognized by Verdantix as a leader in climate change consulting. Verdantix reported that “ICF International stands out from the pack…combin[ing] a long track record in climate change advisory, deep environmental expertise, business analysis skills and the capability to deliver engagements in energy intensive sectors and service sectors. These elements put ICF International at the forefront of climate change business consulting….”
Verdantix named ICF a strong choice for companies needing expertise in carbon management strategy and implementation, multi-regional carbon trading and offsetting advice, and climate change opportunity analysis. ICF was also recognized for its decision to implement its own consulting advice and become carbon neutral.
“ICF International has been advising the public and private sectors on climate change issues for more than 20 years, long before it was fashionable,” said Sudhakar Kesavan, ICF’s chairman and chief executive officer. “As a major provider of carbon mitigation and adaptation services to companies and governments around the world, we are proud to be singled out in this report as maintaining our lead over the many other firms who have entered the field more recently.”
ICF, headquartered in Fairfax, Va., provides climate change advisory services worldwide, including its offices throughout the Washington metropolitan area, Houston, San Francisco, Los Angeles, and other U.S. cities, as well as international locations in London, Moscow, New Delhi, Rio de Janeiro, and Toronto.
Verdantix is an independent provider of business research and strategic analysis dedicated to helping firms understand climate change to preserve profitability and deliver shareholder value. The report, “Verdantix Green Quadrant: Climate Change Business Consulting,” is available on-line at www.verdantix.com.
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.
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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.