Jun
18
2008

U.S. Department of State Awards ICF International $2.7M Supplemental Grant

Firm to Increase Support of Innovative Collaboration to Empower Women in the Middle East

 

 

Fairfax, Virginia, June 18, 2008 -

ICF International (NASDAQ:ICFI) subsidiary, ICF Incorporated, L.L.C., has received supplemental funding from the U.S. Department of State’s Middle East Partnership Initiative (MEPI) to support expanded activities within its existing cooperative agreement, “Innovative Collaboration to Empower Women in the Middle East.” The $2.7 million award to ICF increases support for the public-private U.S.-Middle East Partnership for Breast Cancer Awareness and Research in addition to funding the initiation of a U.S.-Saudi Arabia Women’s Forum.

This grant increases the total value of the award to approximately $6 million. The work began in the spring of 2006 and will extend through 2009.

The goal of the U.S.-Saudi Women’s Forum is to establish an academic exchange for young women from the United States and Saudi Arabia to build skills and raise awareness of democratic principles through workshops, service projects, and interactive Web-based communication. ICF has completed the design concept for the Institute and is in the process of identifying partner institutions to refine the approach and engage in programming.

“This project is aligned with ICF’s goal to use the best tools available to bring the most effective ideas and approaches to our clients and their beneficiaries in order to effect change and promote new ideas and behaviors,” said Roselie Vasquez-Yetter, ICF project director and strategic communications specialist. “The experience of the Forum will infuse a new generation of Saudi women leaders with a better understanding of democracy, religious tolerance, and civic responsibility.”

With the additional investment in the public-private partnership, ICF will be able to continue empowering women in the region by expanding into new geographic areas and uniting women’s health advocates from the Middle East and North Africa in joint advocacy and research efforts. Activities for 2008-2009 will include a first-of-its-kind regional breast cancer advocacy conference, the addition of an oncology nursing component, and the creation of a Web site and interactive portal to be used by partner institutions.

 

 

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.

About the Middle East Partnership Initiative (MEPI)

The Middle East Partnership Initiative, launched in 2002, is providing unprecedented levels of assistance to reformers as they pursue their vision for positive change—so democracy can spread, education can thrive, economies can grow, and women can be empowered. MEPI serves as the principal U.S. Department of State initiative to foster democratic reform and the advancement of vibrant, prosperous societies in the Middle East and North Africa devoting more than $480 million to over 450 programs in 17 countries. More information is available at www.mepi.state.gov

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.

For Immediate Release
Lindsey Litton
1.571.265.1472

 
 
 

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