|View printer-friendly version|
|AECOM Acquires Economics Research Associates|
Economic analysis firm bolsters AECOM's portfolio of global offerings
LOS ANGELES--(BUSINESS WIRE)--Nov. 21, 2007--AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has acquired Economics Research Associates (ERA), an international consulting firm concentrating on economic analysis for clients in entertainment, real estate, public facilities, tourism, and economic development.
By adding ERA, AECOM has continued to build out its services offerings, further strengthening the broad portfolio of services it can deliver to its global client base.
"ERA is held in high regard in all of the industries in which it operates," said John M. Dionisio, AECOM president and chief executive officer. "By welcoming ERA aboard, we are broadening our platform of economic services, and we are well positioned to further develop our economic research and planning practice area."
Patrick Phillips, president of ERA, added, "Joining AECOM provides us with an exciting new platform for international expansion, for increasing the breadth of our clients and services, and for the professional development of our staff."
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental and energy. With more than 31,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. AECOM serves clients in more than 60 countries and had revenue of more than $4 billion for the 12-month period ended June 30, 2007. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations and any statements regarding future economic conditions or performance. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2007, and our other reports filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.