News Release Details

New Vice President James Massey Brings Expertise in Financial Valuation and Business Consulting

BOSTON--(BUSINESS WIRE)--Mar. 31, 2016-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that James Massey has joined the firm as a vice president in the Finance Practice based in Dallas. Mr. Massey brings more than 30 years of experience providing financial valuation and merger and acquisition advisory services to S&P 500 companies, private equity firms, institutional investors, hedge funds, and private companies. He has worked with clients across many sectors, including energy, insurance, telecommunications, information technology, and manufacturing/industrials.

“It is a pleasure to welcome James Massey to Charles River Associates,” said CRA's President and Chief Executive Officer Paul Maleh. “His financial valuation expertise and experience consulting to boards of directors, corporate clients and law firms further strengthens CRA’s Finance Practice offering.”

Mr. Massey has provided financial valuation analysis and opinions/reports pertaining to going-concern businesses, fairness and solvency issues, majority/minority equity interest structures, debt interests, and fixed and intangible assets. Mr. Massey has additional expertise in corporate finance, contract negotiation, and operational management.

Mr. Massey joins CRA from Alvarez & Marsal Financial Valuation Services where he was a Managing Director. Previously, he was a Managing Director and City Leader for Duff & Phelps in Dallas, and founded the Dallas office at Houlihan Lokey. Mr. Massey is licensed with the Securities and Exchange Commission through the NASD as a Financial Securities Representative (Series 7, 63, and 65 Investment Advisor designations). He received a BA degree in Business Administration from Western Kentucky University.

About CRA’s Finance Practice

CRA’s Finance Practice provides financial valuation and accounting services, litigation, investigation and dispute services, and includes staff experts as well as affiliated experts with extensive academic credentials and industry experience.

About Charles River Associates (CRA)
Charles River Associates^® is a global consulting firm specializing in litigation, regulatory, financial, 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 the world and celebrated its 50^th anniversary in 2015. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at http://www.crai.com. Follow us on LinkedIn, Twitter, and Facebook.

Statements in this press release concerning the role of James Massey, the Company’s litigation and strategy consulting offering, including in finance, any future business James Massey may generate for the Company, the future business, operating results, and financial condition of the Company and statements using the terms “strengthens,” "anticipates," "believes," "expects," "should," "prospects," "target," 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 performance or results to differ materially from any forward-looking statements made by the Company include, among others, the failure to generate engagements for us; dependence on the growth of our litigation or strategy consulting practice, including in finance; the potential loss of clients; the demand environment; global economic conditions; foreign exchange rate fluctuations; and intense competition, as well as other potential factors that could affect our financial results are included in our periodic filings with the Securities and Exchange Commission, including risks under the heading “Risk Factors.” We cannot guarantee any future results, levels of activity, performance or achievement. We undertake no obligation to update any forward-looking statements after the date of this press release, and we do not intend to do so.

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Source: Charles River Associates

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