ICF International Acquires Advanced Performance Consulting Group.Acquisition Enhances Strategic Consulting Services FAIRFAX, Va. -- ICF International ICF International is a management, technology, and policy consulting firm. ICF is based in Fairfax, Virginia, with offices in business centers in the Americas, Asia, and Europe. (Nasdaq:ICFI ICFI International Committee of the Fourth International ICFI International Conference on Feature Interactions in Telecommunications and Software Systems ICFI International Council on Food Irradiation ICFI I Can't Forget It (software) ) announced today that it has acquired Advanced Performance Consulting Performance consulting is a subdiscipline of consulting that focuses on teaching people to be more effective in the workplace or in their personal lives. Its goals can be summarized in the slogan "work smarter, not harder". Group (APCG APCG Association of Pacific Coast Geographers APCG Advanced Performance Consulting Group, Inc. APCG Advanced Protein Crystal Growth APCG Army Pacific APCG Atm Pilot Coordination Group ), a 29-person Washington, D.C., consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a that specializes in helping federal organizations develop and implement strategy, improve enterprise performance, manage change, support employee growth, and communicate effectively. "APCG and ICF (Internet Connection Firewall) The built-in firewall in Windows XP. It provides a stateful inspection of packets which accepts only responses to requests originated by the user. share a common vision and are market leaders known for their dedication to quality and commitment to integrity," said Sudhakar Kesavan, chief executive officer at ICF. "Across a broad array of federal and other government clients, ICF can provide scale and complementary expertise to APCG's strategic consulting services, while APCG can provide ICF with an expanded set of clients and experience in strategic organization and performance measurement." A small, woman-owned management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm founded in 1998, APCG has earned an excellent reputation for helping federal agencies improve business performance during a time of increasing budget pressures, regulatory compliance, and technology-driven change. Since its inception, APCG has achieved extraordinary levels of customer satisfaction. Recognition includes two consecutive years on Washington Technology's "Fast 50" list of outstanding small companies -- with a rise to No. 19 in 2005 -- and receipt of the 2003 Women in Technology (WIT) Entrepreneur Leadership Award for outstanding accomplishments in mentoring and entrepreneurship. "APCG enjoys a reputation as a strategic advisor to senior-level federal clients. The firm works to ensure that decisions look beyond short-term fixes to focus on long-term strategic solutions that will make a tangible impact within the organization. Our services complement ICF's strengths in providing federal and other government clients with end-to-end solutions to their most challenging issues," said Kimberly (Kymm) McCabe, president and chief executive officer of APCG. "With corresponding client coverage, APCG and ICF see a good strategic fit and believe that there are growth opportunities in many areas for both firms," said Ngozi Irondi, co-CEO and vice president of APCG. "APCG's work will enhance ICF's capabilities in human capital and strategic communications consulting." Kymm McCabe and Ngozi Irondi will continue to manage the APCG business within ICF. ICF International (Nasdaq:ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States 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 1,800 employees serve these clients worldwide. ICF's Web site is http://www.icfi.com. This document may contain "forward-looking statements"--that is, statements related to future--not past--events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as "guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For ICF, particular uncertainties that could adversely or positively affect the Company's future results include: risks related to the government contracting industry, including possible changes in government spending Government spending or government expenditure consists of government purchases, which can be financed by seigniorage, taxes, or government borrowing. It is considered to be one of the major components of gross domestic product. priorities; risks related to the Company's business, including its dependence on contracts with U.S. Federal Government agencies and departments and continued good relations, and being successful in competitive bidding Competitive bidding A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell. competitive bidding 1. , with those customers; performance by ICF and its subcontractors under a major contract with the State of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. , Office of Community Development; uncertainties as to whether revenues corresponding to the Company's contract backlog will actually be received; strategic actions, including the ability to make acquisitions and the performance and future integration of acquired businesses; risk associated with operations outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ; 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. |
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