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ICF International Awarded New $12.1 Million Grant By U.S. Department Of Education

Stocks in this article: ICFI

ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a new grant by the U.S. Department of Education to operate the Appalachia Regional Comprehensive Center (ARCC). The grant has a total value of $12.1 million and a term of five years.

One of 15 regional centers, the ARCC will enhance the capacity of departments of education in Kentucky, Tennessee, Virginia, and West Virginia to help their districts and schools meet student achievement goals, close achievement gaps between student subgroups, and improve instructional quality.

“We are pleased and honored to be chosen by the Department of Education to oversee the ARCC, which adds to ICF’s portfolio of regional education program support,” said Maureen Murphy, senior vice president for ICF International. “Locating our ARCC efforts at the ICF office in Charleston, W.Va., we look forward to operating the center and assisting the U.S. Department of Education’s efforts to provide state education agencies with intensive technical assistance in support of students.”

Federal funds will finance the entire cost of operating the ARCC. There will be no non-governmental financing.

For more than 20 years, ICF has helped U.S. educators overcome obstacles to learning and drive positive change. From early education through adult workforce training and higher education, ICF experts employ rigorous research, mixed-method evaluation, and evidence-based technical assistance to ensure education providers are equipped with the data they need to make informed, practical decisions.

For More Information

About ICF International

ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and infrastructure; health, social programs, and consumer/financial; and public safety and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program lifecycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 4,500 employees serve these clients from more than 50 offices worldwide. ICF's website is http://www.icfi.com.

Caution Concerning Forward-looking Statements

Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.

Copyright Business Wire 2010

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