Press Release

Navigant Consulting Broadens Corporate Finance Expertise - Adds Senior Level Professionals to National Practice

January 6, 2005 at 8:46 AM EST

CHICAGO--(BUSINESS WIRE)--Jan. 6, 2005--Navigant Consulting, Inc. (NYSE:NCI), a specialized independent consulting firm providing litigation, financial, healthcare, energy and operational consulting services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change, today announced that seven new senior professionals have joined the Company's national Corporate Finance practice. The new additions, in Navigant Consulting's New York and Los Angeles offices, strengthen the Company's service offerings in the areas of financial and operational restructuring and valuation services.

"The addition of these senior level corporate finance professionals adds breadth and experience to our practice's core areas of focus and enhances the level of national service we can provide our clients," stated Jon Berger, Managing Director of Navigant Consulting's Corporate Finance practice. "We continue to deliver on our goal of strategically placing Corporate Finance assets where they can help build a dynamic, national practice rooted in specialized knowledge and deep experience across a variety of services, including financial and operational restructuring, middle-market merger and acquisition advisory, valuation and other core Corporate Finance related services."

The new members of Navigant Consulting's Corporate Finance national team include:

Frank Conway brings more than 20 years of corporate restructuring experience to his role as leader of Navigant Consulting's Financial Restructuring team in New York. Conway's experience has focused on assisting senior executives and board members of troubled and financially distressed companies as they seek to improve operating performance. In addition, he has worked with creditor constituencies and equity stakeholders to preserve or improve enterprise value, restructure existing indebtedness and evaluate strategic alternatives. Conway has led numerous national and cross-boarder assignments across a variety of industry segments. Prior to joining Navigant Consulting, Conway served as the National Managing Director of the Reorganization Services Group for Deloitte.

Ken Simon will lead the firm's Creditor Rights practice in New York. Simon specializes in providing services to unsecured creditors' committees and has been a financial advisor to hundreds of committees over the past 22 years. As a reorganization specialist, Simon is well versed in analyzing cash flow projections, business plans and plans of reorganization, evaluating the ongoing viability of troubled companies and preparing comprehensive financial reports for the benefit of creditors' committees. Prior to joining Navigant Consulting, Simon led Deloitte's national Creditor Rights practice.

Stephen Jones will lead the Valuation Services team nationally and brings more than 20 years experiences in consulting with Fortune 500 companies regarding mergers, acquisitions, intellectual property and commercial damages. His experience valuing intangible assets encompasses patents, trademarks, licenses and royalty rates, as well as copyrights and trade secrets. Prior to joining Navigant Consulting, Jones led the Valuation Services Group for Kroll Zolfo Cooper, and was a member of the Kroll Zolfo Cooper Management Committee.

Jim Wilson joins Navigant Consulting from Kroll Zolfo Cooper, where he was a Managing Director in the Financial Services Group responsible for the Los Angeles market and served as the National Technical Director for valuation services. Wilson's expertise includes more than 20 years experience in valuation consulting, primarily in the high technology, information, telecommunication and biotech industries.

Tim Croushore has nearly 20 years of valuation consulting experience, with a range of industry expertise including retail, entertainment, sports franchises and restaurant industries. Prior to joining Navigant Consulting, Croushore was a Partner with Deloitte, where he recently served as the National Director of the Entertainment and Sports Valuation practice, as well as the Pacific Southwest valuation leader for the Restaurant/Consumer Business industry group.

Ben Gonzalez has joined Navigant Consulting as a Director in the firm's Financial Restructuring practice in New York. Gonzalez has more than 15 years of diverse operating and corporate finance experience. Prior to joining Navigant Consulting, Gonzalez was in the reorganization practices at Deloitte and Alix Partners.

Jim Peko has joined Navigant Consulting as a Director in the Financial Restructuring Practice in New York. Peko has more than 15 years experience in restructuring and corporate finance and specializes in assisting clients in evaluating strategic alternatives with a focus on financial restructuring. Prior to joining Navigant Consulting, Peko served as a Senior Manager in the Reorganization Services Group at Deloitte. He was also in the Corporate Finance Group of The Nikko Securities Co., International.

About Navigant Consulting

Navigant Consulting, Inc. (NYSE:NCI) is a specialized independent consulting firm providing litigation, financial, healthcare, energy and operational consulting services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. The Company focuses on industries undergoing substantial regulatory or structural change and on the issues driving these transformations. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc. More information about Navigant Consulting can be found at www.navigantconsulting.com.

CONTACT: Navigant Consulting, Inc.
Ben W. Perks, 312-573-5630
or
Andrew J. Bosman, 312-573-5631

SOURCE: Navigant Consulting, Inc.

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