WEST PALM BEACH, Fla., Jan. 19 /PRNewswire-FirstCall/ -- FTI Consulting,
Inc. (NYSE: FCN), through its strategic communications arm, FD, today
announced the acquisition of The Element Agency, a leading Canadian strategic
communications consultancy specializing in sustainability, issue advocacy, and
corporate social responsibility (CSR) initiatives.
Established in 2003, Element serves businesses, governments, universities,
non-governmental organizations and political candidates across North America.
The Agency has won multiple awards for the pioneering use of online video in
issue advocacy.
FD Element (as the company will be known) advises a diverse client base
that includes global and Canadian brands such AIG, EPCOR, Labatt and MGM
MIRAGE, as well as NGOs such as the Canadian Boreal Initiative, the League of
Conservation Voters and the David Suzuki Foundation. The firm also provides
counsel to leading political campaigns, including the Ontario Liberal Party,
and public officials, including Vancouver's newly-elected mayor, Gregor
Robertson.
"This acquisition aligns with our dedication to helping our clients solve
mission critical business challenges at a time when the game of business is
constantly changing," said Jack Dunn, President and CEO of FTI Consulting. "As
our clients' needs expand into all corners of the world, expanding our
presence in the Americas to include Canada strengthens our ability to serve
our clients wherever challenges arise."
"We are honored to join one of the most admired communications
consultancies in the world," said Grant Draper, President of FD Element. "Our
approach to corporate sustainability initiatives is consistent with the kind
of forward-looking thought leadership FD and FTI offer their clients."
"Joining the FTI international network will allow us to take our creative
and strategic issue advocacy services to the next level," said FD Element CEO
Don Millar. "More corporations than ever understand the business case for
sustainability and we look forward to expanding our offering around the
world."
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to
helping organizations protect and enhance enterprise value in an increasingly
complex legal, regulatory and economic environment. With more than 3,000
employees located in most major business centers in the world, we work closely
with clients every day to anticipate, illuminate, and overcome complex
business challenges in areas such as investigations, litigation, mergers and
acquisitions, regulatory issues, reputation management and restructuring. More
information can be found at www.fticonsulting.com.
About FD
FD is the strategic communications division of FTI Consulting Inc. One of
the world's most highly regarded consultancies in the communications industry,
FD employs more than 730 staff and advises more than 1,000 clients worldwide
through its hub offices in London and New York, as well as its network of
wholly-owned offices in Bahrain, Beijing, Bogota, Boston, Brussels, Cape Town,
Chicago, Dubai, Dublin, Frankfurt, Hong Kong, Johannesburg, Los Angeles,
Manchester, Moscow, Paris, Panama City, Perth, San Francisco, Shanghai,
Singapore and Washington, D.C. With a 20 year history of advising clients in
both the private and public sectors, FD's services include financial public
relations, investor relations, public affairs, crisis and issues management
and corporate, business-to-business and business-to-consumer communications.
FD is also a market leader in M&A advisory work around the world. FD is
structured around specialist sector teams operating on an international basis,
covering consumer industries, financial services, basic industries, business
services, life sciences & healthcare, media, real estate, technology and
telecommunications. For more information, please visit: www.fd.com.
Safe Harbor Statement
This press release may include "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934 that involve
uncertainties and risks. Forward-looking statements include statements
concerning our plans, objectives, goals, strategies, future events, future
revenues, future results and performance, expectations, plans or intentions
relating to acquisitions and other matters, business trends and other
information that is not historical, including statements regarding estimates
of our future financial results. When used in this press release, words such
as "estimates," "expects," "anticipates," "projects," "plans," "intends,"
"believes," "forecasts" and variations of such words or similar expressions
are intended to identify forward-looking statements. All forward-looking
statements, including, without limitation, estimates of our future financial
results, are based upon our expectations at the time we make them and various
assumptions. Our expectations, beliefs and projections are expressed in good
faith, and we believe there is a reasonable basis for them. However, there can
be no assurance that management's expectations, beliefs and projections will
result or be achieved or that actual results will not differ from
expectations. The Company has experienced fluctuating revenue, operating
income and cash flow in some prior periods and expects this will occur from
time to time in the future. Other factors that could cause such differences
include the pace and timing of the consummation and integration of past and
future acquisitions, the Company's ability to realize cost savings and
efficiencies, competitive and general economic conditions, retention of staff
and clients and other risks described under the heading "Item 1A. Risk
Factors" in the Company's most recent Form 10-K and in the Company's other
filings with the Securities and Exchange Commission. We are under no duty to
update any of the forward-looking statements to conform such statements to
actual results or events and do not intend to do so.
SOURCE FTI Consulting, Inc.
CONTACT: Jack Dunn, President & CEO of FTI Consulting, +1-410-951-4800;
or Investors: Gordon McCoun, or Media: Andy Maas, both of FD, +1-212-850-5600
