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The Ballentine Barbera Group, a CRA International Company, establishes presence in continental Europe to offer transfer pricing services
Gerben Weistra Joins Firm's Transfer Pricing Practice as Director in Amsterdam
BOSTON--(BUSINESS WIRE)--Dec. 6, 2006--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced it is offering transfer pricing services in the Netherlands. The Ballentine Barbera Group, which CRA acquired earlier this year, has hired Gerben Weistra as a Director in Amsterdam, giving CRA's Transfer Pricing practice a physical presence in continental Europe for the first time. The Ballentine Barbera Group, a CRA International Company, already provided transfer pricing services from offices in the United States, the United Kingdom, and Australia.
"We are thrilled to have Gerben join us," said Transfer Pricing Practice Leader Greg Ballentine. "Our clients have been encouraging us to develop a presence on the Continent, but we wanted to find the right person first."
In his almost ten years as a transfer pricing advisor, first with PricewaterhouseCoopers, then with IntraPrice, and, most recently, with LECG, Mr. Weistra has worked with numerous multinational groups to assist in planning, documenting and implementing tax, and transfer pricing strategies.
CRA International's President and CEO James C. Burrows said, "Our acquisition of the Ballentine Barbera Group in May 2006 put CRA on the map as a global leader in transfer pricing. Now, with a stronger presence in continental Europe, we are well-positioned for continued growth in one of the world's most active and competitive markets for transfer pricing services."
About CRA International
Founded in 1965, CRA International is a leading provider of economic and financial expertise and management consulting services. Working with businesses, law firms, accounting firms, and governments, CRA is the preferred consulting firm for complex assignments with pivotal and high-stakes outcomes. The firm is distinguished by a unique combination of credentials: deep vertical experience in a variety of industries; broad horizontal expertise in a range of functional disciplines; and rigorous economic, financial, and market analysis. CRA offers a proven track record of thousands of successful engagements in regulatory and litigation support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. Headquartered in Boston, the firm has more than a dozen offices within the United States and nine offices in Canada, Europe, the Middle East, and the Asia Pacific region. Detailed information about CRA is available at www.crai.com.
Statements in this press release concerning the expected benefits from CRA's hiring of Gerben Weistra may be considered "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties. Information contained in these forward-looking statements is inherently uncertain, and actual performance and results may differ materially. Such factors that could cause actual results to differ materially from any forward-looking statements made by the Company include, among others, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, intense competition, and professional liability. Further information on factors that could affect CRA's financial results is included in the Company's filings with the Securities and Exchange Commission.
James C. Burrows, 617-425-3700
President and CEO
Sharon Merrill Associates, Inc.
Jim Buckley, 617-542-5300
Executive Vice President