ICR, a leading strategic communications firm, today announced another strong year in 2013 with double digit revenue growth, as well as significant growth in headcount with 130 team members at the end of 2013, up from 108 as of December 31, 2012. The firm added senior-level hires across practice areas, with particular focus on Technology and Real Estate.

Steve Pasko joined as a Senior Vice President in ICR's Investor Relations Technology Group. He was most recently a Senior Vice President at Market Street Partners, following his nearly 20 year career as a buy-side analyst and portfolio manager with technology-focused investment funds such as Andor Capital Management and Amerindo Investment Advisors, among others. Jennifer Long joined ICR's Corporate Communications Group as a Senior Vice President with a focus on the technology sector. Ms. Long previously served as Director of Technology & Innovation, Corporate Communications at Ruder Finn.

Michael Callahan, Senior Vice President, brings more than seven years of equity research experience on both the buy-side and the sell-side to ICR's Aerospace & Defense practice from Topeka Capital Markets, where he covered Aerospace & Defense and diversified industrial companies. Daniel Foley, Senior Vice President, joined ICR's General Consumer and Real Estate practices from Advanced Gaming Solutions, a slot equipment software company based in Las Vegas, where he served as Chief Operating Officer.

Reflecting its significant growth, ICR closed 2013 by moving its New York City office to a new Midtown location to accommodate its rapidly expanding employee base, doubling the square footage of its previous New York location. The new office is located at 685 Third Avenue. ICR has also steadily grown its presence on the West Coast and relocated its Bay Area office in 2013 to a more central location at 150 Spear Street in San Francisco.

"It has been truly exciting to welcome so many talented professionals to the ICR team in 2013 and to experience another exceptional year of growth across all industry groups and service offerings," said Tom Ryan, Chief Executive Officer, ICR. "Since the company's founding 15 years ago, ICR has differentiated itself by building teams that combine a deep understanding of capital markets with strategic communications expertise and an unparalleled level of client counsel and service. Demand for this integrated approach to communications is higher than ever and we are well-positioned to capture that demand in 2014 with the best professionals in the business."

ICR's strong performance in 2013 comes on the heels of the best year for IPOs since 2000, with 222 companies going public, raising over $55 billion, according to Renaissance Capital, a leading provider of independent IPO research. ICR provided strategic counsel and communications services to some of the most notable deals of the year, including AMC Entertainment Holdings (NYSE:AMC), Benefitfocus (NASDAQ:BNFT), Criteo (NASDAQ:CRTO), Cvent (NYSE:CVT), Noodles & Company (NASDAQ:NDLS), Re/Max Holdings (NYSE:RMAX), Sprouts Farmers Market (NASDAQ:SFM), and Sungy Mobile (NASDAQ:GOMO).

Ryan commented: "2013 was a banner year for IPOs, driven by increased investor appetite for risk and improving macroeconomic conditions. The market fundamentals and a robust pipeline point to another strong year for IPOs in 2014, which is a healthy sign both for our clients and for ICR."

"In addition to our strong IPO work in 2013, ICR saw a significant uptick in demand for crisis, M&A and shareholder activism-related situations," Ryan continued. "We are in the midst of a sea change in how investors and companies interact, and that requires a more open and collaborative approach to communicating with Wall Street, media and other key stakeholders. With our intimate understanding of the capital markets, ICR is on the leading edge of helping companies navigate this new environment."

About ICR

Established in 1998, ICR partners with companies to develop and execute strategic communications programs that achieve business goals, build credibility, and enhance the long-term value of the enterprise. The firm's highly differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to clients in more than 20 industries. Today, ICR is one of the largest and most experienced independent advisory firms in North America maintaining offices in Boston, Connecticut, Los Angeles, New York, San Francisco and Beijing.

Learn more at www.icrinc.com. Follow us on Twitter at @ICRPR.

ICR
Bo Park, 646-277-1222
bo.park@icrinc.com