[January 16, 2013]

Noted Intellectual Property and Antitrust Economist Dr. Phillip Beutel Named Chief Operating Officer of NERA Economic Consulting

NERA Economic Consulting, a leading global provider of economic advice and analysis in business, legal, and regulatory matters, announced today the appointment of Dr. Phillip Beutel as the firm's Chief Operating Officer, effective immediately. Dr. Beutel currently chairs NERA's Intellectual Property Practice.

"I am pleased that Phil has agreed to play such an important role in my management team," said NERA President Dr. Lawrence Wu. "Phil has been an outstanding consultant and leader at NERA for many years. He understands the firm's special strengths and I am confident that his experience, management skills, and advice will prove critical as NERA moves forward with new growth strategies in the months and years ahead."

Dr. Beutel has been with NERA since 1990. In addition to chairing NERA's Intellectual Property Practice, he has served on the firm's Board of Directors and Management Committee. He holds MA and Ph degrees in economics from Duke University, and was an assistant professor of economics at Miami University in Ohio before joining NERA.

"I am honored and excited to take on the Chief Operating Officer position at NERA," said Dr. Beutel. "I look forward to working with Lawrence and the rest of the management team to implement innovative ideas, attract new talent, and lay the groundwork for new growth."

About NERA

NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on business and legal issues involving competition, regulation, public policy, strategy, finance, and litigation.

NERA's clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world's largest economic consultancies. With its main office in New York City, NERA serves clients from more than 20 offices across North America, Europe, and Asia Pacific.

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