CRA International Acquires Marakon Associates, A Leading Value Management Consultancy

BOSTON--(Business Wire)--
CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing
management, economic, and financial consulting services, today announced it has
acquired substantially all of the assets of Marakon Associates, a leading
strategy consulting firm known for pioneering value-based management. The
acquisition provides additional breadth, depth and scale to CRA`s business
consulting capabilities and creates a new Value Management Practice. Marakon
Associates helps clients understand the key drivers of profitability, growth and
risk in their business and their linkage to improved performance. Service
offerings encompass business strategy, leadership and organization development,
customer value maximization, productivity enhancement, and growth. Mason
Kissell, a 20-year veteran of Marakon Associates who most recently served as its
CEO, will lead the practice and be based in CRA`s New York City office.

"We are very pleased to welcome the Marakon team to CRA," said James C. Burrows,
CRA's President and Chief Executive Officer. "Marakon is an outstanding fit with
CRA for a number of reasons-the firm is well-known for its quantitative,
economics-driven approach to consulting; it maintains the highest quality
standards; it brings complementary client relationships in markets where we are
well-established; it strengthens our client offerings in key markets like
financial services, banking and retail; and it enhances our presence in Europe.
The combination of our teams provides greater depth in offering the highest
quality business consulting services to our clients."

"CRA is a well-established, leading consulting organization that shares our
commitment to delivering high value to clients through analytically rigorous
work, teamwork and collaboration," said Kissell. "Through this transaction, we
gain additional functional depth and breadth, access to leading industry
expertise, and strong analytical capabilities to help us grow the business. We
are excited to join CRA."

Under the terms of the transaction, CRA will acquire substantially all of the
assets of Marakon Associates, including intellectual property related to the
practice, accounts receivables and all client projects currently underway. CRA
intends to retain the services of approximately 50 Marakon Associates employee
consultants, including 9 key individuals who will become CRA vice presidents.
These staff will be based in CRA`s London, New York and Chicago offices.
Financial terms of the acquisition were not disclosed. However, the acquisition
is anticipated to be slightly accretive for the remainder of this fiscal year
and is expected to contribute to the growth in CRA`s revenues and earnings in
future years.

About CRA International

Founded in 1965, CRA International is a leading global consulting firm that
offers business management, economic and financial expertise to major law firms,
businesses, accounting firms and governments. CRA's consultants combine uncommon
analytical rigor with practical experience and in-depth understanding of
industries and markets. CRA is adept at handling critical, tough assignments
with high-stakes outcomes. CRA's analytical strength enables it to reach
objective, factual conclusions that help clients make important business and
policy decisions and resolve critical disputes. Headquartered in Boston, CRA has
offices throughout North America, Europe, the Middle East and Asia. Detailed
information about CRA is available at http://www.crai.com.

Statements in this press release concerning the expected use of CRA`s expertise,
the Marakon Associates acquisition and transaction, 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 convertible debt offering and 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, 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 its
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 business 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 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.

CRA International, Inc.
Andrea Goodman, 617-425-3333
Director of Communications
or
Sharon Merrill Associates
Jim Buckley, 617-542-5300
Executive Vice President

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