Charles River Associates (CRA) Continues Expansion Of Capabilities In Financial Accounting & Valuation

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing management, economic, and financial consulting services, today announced that Rebecca Szelc has joined the firm as a vice president in the Financial Accounting & Valuation Practice based in Dallas. Ms. Szelc is an experienced consulting and testifying expert on economic damages issues associated with a variety of complex commercial disputes.

“Rebecca Szelc’s arrival at CRA not only strengthens our national practice in financial accounting and valuation matters, but also expands our local offering in the Dallas market where we began to establish a presence earlier in this year,” said CRA's President and Chief Executive Officer Paul Maleh. “Her experience as both a consultant and testifying expert provides a valuable offering to clients. It is a pleasure to welcome Rebecca to CRA.”

Ms. Szelc has provided consulting and testifying expertise on economic damages associated with tortious interference, theft of trade secrets, patent and copyright infringement, false advertising, loss of use and breach of contract, among other complex commercial disputes. In addition to her litigation support experience, she has extensive experience with virtually every type of insured peril, including product recalls, windstorms, floods, earthquakes, explosions and fires, as well as with all manner of degrees of interruption of operations.

She joins CRA from Bickel & Brewer where she was the managing director of consulting. Prior to that role, Ms. Szelc was a partner with Deloitte for 10 years. As a partner in the Financial Advisory Services Practice, she provided expert testimony in commercial lawsuits, mediations and arbitrations, assisted Fortune 500 clients in recovery from natural and man-made disasters, and also served as a leader in the firm’s Women’s Initiative for the advancement and retention of high talent women. Ms. Szelc holds a MBA degree in Finance from The University of Texas at Austin and a BS degree in Management from Louisiana State University. She currently serves on the Board of Trustees for The Hockaday School.

About Charles River Associates (CRA)

Charles River Associates(R) is a global consulting firm specializing in litigation, regulatory, and financial consulting, and management consulting. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout North America, Europe, the Middle East, and Asia. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at http://www.crai.com.

Statements in this press release concerning Rebecca Szelc, the future business, operating results, estimated cost savings, and financial condition of the Company and statements using the terms "anticipates," "believes," "expects," "should," or similar expressions, are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon 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 due to many important factors. Such factors that could cause actual results to differ materially from any forward-looking statements made by the Company include, among others, the Company's restructuring costs and attributable annual cost savings, changes in the Company's effective tax rate, share dilution from the Company's stock-based compensation, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, utilization rates, factors related to its acquisitions, including integration of personnel, clients and offices, and unanticipated expenses and liabilities, the risk of impairment write downs to the Company's intangible assets, including goodwill, if the Company's enterprise value declines below certain levels, risks associated with acquisitions it may make in the future, risks inherent in international operations, the performance of NeuCo, changes in accounting standards, rules and regulations, changes in the law that affect the Company's practice areas, management of new offices, the potential loss of clients, the ability of customers to terminate the Company's engagements on short notice, dependence on the growth of the Company's management consulting practice, the unpredictable nature of litigation-related projects, the ability of the Company to integrate successfully new consultants into its practice, general economic conditions, intense competition, risks inherent in litigation, and professional liability. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's periodic filings with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of its forward-looking statements after the date of this press release.

Copyright Business Wire 2010

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