[January 09, 2020]

Timothy Simcoe Becomes a Senior Consultant to the Antitrust & Competition Economics Practice at Charles River Associates

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced Timothy Simcoe has become a Senior Consultant to its Antitrust & Competition Economics Practice.

Dr. Simcoe has many years of teaching experience and has served as a testifying expert in numerous high-profile, global antitrust cases. He specializes in topics regarding industrial organization such as industry standards, innovation, intellectual property, technology and corporate strategy. Dr. Simcoe is Associate Professor of Strategy & Innovation at Boston University's Questrom School of Business. Before that, he taught Strategic Management at the University of Toronto's Joseph L. Rotman School of Management. In addition, Dr. Simcoe was a Senior Economist on the President's Council of Economic Advisors.

CRA's Antitrust & Competition Economics Practice Leader Margaret Sanderson said, "Tim brings additional depth and experience to CRA's expertise addressing antitrust and IP issues in SEP and FRAND cases. We look forward to supporting Tim in this growing area of litigation."

"We're pleased to welcome Tim," said CRA's President and Chief Executive Officer Paul Maleh. "Our firm's foundation is rooted in academia and Tim's strong teaching bckground will greatly complement the way CRA serves our clients."

Dr. Simcoe is a distinguished professor and has received numerous awards throughout his tenure. Recent editorial and advisory roles include co-founder of the Sloan Management Review Strategy Forum and associate editor for the Journal of Industrial Economics. Dr. Simcoe holds a PhD in Business Administration from University of California, Berkeley.

About CRA's Antitrust & Competition Economics Practice
CRA's competition economists provide economic analysis and testimony in competition matters around the world. Many have served in government antitrust agencies and are members of premier academic, economic, and law faculties. Their experience extends to many industries, including health care, energy, computer hardware/software, retailing, telecommunications, aerospace and defense, entertainment, transportation, natural resources, sports, chemicals, pharmaceuticals, financial services, and consumer products.

About Charles River Associates (CRA)
Charles River Associates® is a leading global consulting firm specializing in economic, financial, and management consulting services. 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. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at www.crai.com. Follow us on LinkedIn, Twitter, and Facebook.

SAFE HARBOR STATEMENT

Statements in this press release concerning the addition of Timothy Simcoe, the Company's Antitrust & Competition Economics practice, future business Timothy Simcoe may generate for the Company and statements using the terms "contribution," "enhance," "expects," "strengthen," 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 forensic services; 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 those 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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