Charles River Associates Adds George A. Hay to Its Growing Roster of Consultants
BOSTON, September 7, 2000 Charles River Associates Incorporated (Nasdaq: CRAI), a leading provider of economics, financial, and business strategy consulting, today announced the appointment of Dr. George A. Hay as a consultant to the firm.
"CRA will greatly benefit from Dr. Hays expertise, especially in industrial organization and antitrust issues," stated James C. Burrows, CRA president and CEO. "Dr. Hay has authored many articles on industrial organization and antitrust law. He has been a consultant and expert witness in numerous antitrust cases in the United States, Australia, New Zealand, and the European Union. Dr. Hay also has consulted to the Federal Trade Commission, the Antitrust Division, the Australian Competition & Consumer Commission, and the New Zealand Commerce Commission."
Dr. Hay is the Edward Cornell Professor of Law and a Professor of Economics at Cornell University, where he holds a joint appointment in the Law School and the Department of Economics. From 1973 to 1979, Dr. Hay was Director of the Economic Policy Office for the Antitrust Division of the United States Department of Justice. He has been a Visiting Professor at The University of Sydney Law School, The University of New South Wales Law School, and The University of Virginia, and was a Fulbright Scholar at Oxford University.
He is a member of the American Economics Association, the American Law and Economics Association, and the Antitrust Section of the American Bar Association. In addition, Dr. Hay also has served as Vice Chair of the Economics Committee of the Antitrust Section and Chair of the Antitrust Section of the Association of American Law Schools.
Founded in 1965, CRA is a leading provider of sophisticated economic and financial consulting services, expert testimony and litigation support, and business consulting. The firms areas of expertise include auctions, antitrust, mergers and acquisitions, policy impact assessments, corporate finance, strategy and business operations, and regulatory economics. CRA has advised legal and corporate clients, government agencies, and other organizations in thousands of engagements. In addition to its corporate headquarters in Boston, CRA has U.S. offices in Berkeley/Oakland, Los Angeles, Palo Alto, and Washington, DC, and international offices in London, Mexico City, and Toronto. More information about the Company can be found on its Web site at www.crai.com.
Statements in this press release concerning the future business of the Company are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based upon managements 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, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, intense competition, and professional liability. Further information on these and other potential factors that could affect the Companys financial results are included in the Companys filings with the Securities and Exchange Commission.