FTI Expands Presence into Canada with Acquisition of The Element Agency

WEST PALM BEACH, Fla., Jan. 19 /PRNewswire-FirstCall/ -- FTI Consulting, Inc. (NYSE: FCN), through its strategic communications arm, FD, today announced the acquisition of The Element Agency, a leading Canadian strategic communications consultancy specializing in sustainability, issue advocacy, and corporate social responsibility (CSR) initiatives.

Established in 2003, Element serves businesses, governments, universities, non-governmental organizations and political candidates across North America. The Agency has won multiple awards for the pioneering use of online video in issue advocacy.

FD Element (as the company will be known) advises a diverse client base that includes global and Canadian brands such AIG, EPCOR, Labatt and MGM MIRAGE, as well as NGOs such as the Canadian Boreal Initiative, the League of Conservation Voters and the David Suzuki Foundation. The firm also provides counsel to leading political campaigns, including the Ontario Liberal Party, and public officials, including Vancouver's newly-elected mayor, Gregor Robertson.

"This acquisition aligns with our dedication to helping our clients solve mission critical business challenges at a time when the game of business is constantly changing," said Jack Dunn, President and CEO of FTI Consulting. "As our clients' needs expand into all corners of the world, expanding our presence in the Americas to include Canada strengthens our ability to serve our clients wherever challenges arise."

"We are honored to join one of the most admired communications consultancies in the world," said Grant Draper, President of FD Element. "Our approach to corporate sustainability initiatives is consistent with the kind of forward-looking thought leadership FD and FTI offer their clients."

"Joining the FTI international network will allow us to take our creative and strategic issue advocacy services to the next level," said FD Element CEO Don Millar. "More corporations than ever understand the business case for sustainability and we look forward to expanding our offering around the world."

About FTI Consulting

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,000 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.

About FD

FD is the strategic communications division of FTI Consulting Inc. One of the world's most highly regarded consultancies in the communications industry, FD employs more than 730 staff and advises more than 1,000 clients worldwide through its hub offices in London and New York, as well as its network of wholly-owned offices in Bahrain, Beijing, Bogota, Boston, Brussels, Cape Town, Chicago, Dubai, Dublin, Frankfurt, Hong Kong, Johannesburg, Los Angeles, Manchester, Moscow, Paris, Panama City, Perth, San Francisco, Shanghai, Singapore and Washington, D.C. With a 20 year history of advising clients in both the private and public sectors, FD's services include financial public relations, investor relations, public affairs, crisis and issues management and corporate, business-to-business and business-to-consumer communications. FD is also a market leader in M&A advisory work around the world. FD is structured around specialist sector teams operating on an international basis, covering consumer industries, financial services, basic industries, business services, life sciences & healthcare, media, real estate, technology and telecommunications. For more information, please visit: www.fd.com.

Safe Harbor Statement

This press release may include "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 that involve uncertainties and risks. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues, future results and performance, expectations, plans or intentions relating to acquisitions and other matters, business trends and other information that is not historical, including statements regarding estimates of our future financial results. When used in this press release, words such as "estimates," "expects," "anticipates," "projects," "plans," "intends," "believes," "forecasts" and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, estimates of our future financial results, are based upon our expectations at the time we make them and various assumptions. Our expectations, beliefs and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs and projections will result or be achieved or that actual results will not differ from expectations. The Company has experienced fluctuating revenue, operating income and cash flow in some prior periods and expects this will occur from time to time in the future. Other factors that could cause such differences include the pace and timing of the consummation and integration of past and future acquisitions, the Company's ability to realize cost savings and efficiencies, competitive and general economic conditions, retention of staff and clients and other risks described under the heading "Item 1A. Risk Factors" in the Company's most recent Form 10-K and in the Company's other filings with the Securities and Exchange Commission. We are under no duty to update any of the forward-looking statements to conform such statements to actual results or events and do not intend to do so.

SOURCE FTI Consulting, Inc.

CONTACT: Jack Dunn, President & CEO of FTI Consulting, +1-410-951-4800; or Investors: Gordon McCoun, or Media: Andy Maas, both of FD, +1-212-850-5600

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