Jan
22
2009

ICF International Opens New Office in Beijing

ICF to Provide Environmental, Aviation, and Energy Consulting Services in China

 

 

Fairfax, Virginia, January 22, 2009 -

ICF International (NASDAQ:ICFI) announced today the opening of its new Beijing office. The new office will provide a full range of consulting services throughout China, with specific emphasis on climate change, energy, aviation, and corporate environmental sustainability. 

The Beijing office is part of ICF’s global strategy to expand its energy, aviation, and environmental service offerings worldwide. In addition to its extensive network of offices within the U.S., ICF now maintains offices in six foreign countries, four of which represent the most significant climate change mitigation opportunities—Brazil, Russia, India, and China. ICF’s new Beijing location will enable the company to provide enhanced client support on carbon finance and climate change mitigation projects. In addition, ICF’s Beijing office will serve the rapidly growing Chinese airline, airport, and aerospace industries, while also targeting corporate environmental sustainability planning, and sustainable supply chain operations.

“ICF has managed energy and environmental work in China for nearly 20 years, and is well-positioned to operate effectively in this market,” said Sudhakar Kesavan, ICF International chairman and CEO. “We currently have a stable client and revenue base from which to grow our corporate presence in China, including $3 million in new bilateral program work awarded in late 2008. We look forward to continuing our work in China and expanding our service offerings to meet new market opportunities, especially in those industries such as commercial aviation that match ICF’s core competencies.”

“With the new Beijing office, ICF is uniquely positioned to provide an integrated set of climate change and energy services across China’s key markets,” states David Hathaway, ICF principal and managing director of China operations. “Our professional staff has many years of combined experience in China, along with a deep understanding of climate change and China’s energy sector. We also have access to ICF’s global network of professionals, which will allow us to provide our clients with world-class expertise and a full range of consulting services.”

The office will be operated as a wholly owned subsidiary, 艾思赋国际咨询(北京)有限公司 (ICF International Consulting (Beijing) Company, Ltd.), which is registered in the People's Republic of China and is located in Beijing. For more information on ICF’s Beijing office and its service offerings, contact David Hathaway at dhathaway@icfi.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.

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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