ENVIRON Announces Acquisition of Boelter Associates


ARLINGTON, VA--(Marketwire - October 18, 2007) - E-Wire -- Joseph H. Highland, Ph.D., C.E.O. of ENVIRON Holdings, Inc. (ENVIRON), and Fred Boelter, C.I.H., P.E., Founder and Chairman of Boelter Associates, Inc. (Boelter), have announced the acquisition of Boelter by ENVIRON -- the largest single acquisition in ENVIRON's history. Effective immediately, Boelter will conduct business as ENVIRON.

In making the announcement, Highland commented, "Through working together with Fred and his colleagues, we have been impressed by Boelter's technical expertise, professional resources, industry reputation, and marketplace presence, which are highly compatible with ENVIRON." According to Highland, the acquisition is ideally aligned with ENVIRON's strategy of growing through adding talent in complementary service areas and expanding into geographic regions where clients would directly benefit from the firm's presence. The addition of Boelter's professionals positions us to offer clients an expanded array of environmental and human health consulting capabilities, particularly in the areas of industrial hygiene and building forensics.

Boelter commented, "We are delighted to be joining ENVIRON, a firm equally committed to the goals of maintaining scientific integrity in client engagements and delivering value that we believe is unique in our industry." He continued, "Professional synergies abound -- our architectural, scientific, engineering, and geologic practice areas complement, expand, and add practical depth to ENVIRON's established building energy conservation and indoor environmental quality practices. Together we make a very strong team."

An international consultancy, ENVIRON works with clients to assess and manage potential environmental, sustainability, and health issues associated with their activities and products, both locally and globally. The firm currently employs more than 1,000 individuals across a network of 70 offices in North America, Europe, Australia, and Asia.

Located in Park Ridge, Illinois, Boelter's professionals provide industrial hygiene, safety, environmental engineering, forensic sciences, risk management, and dispute resolution services to a wide range of clients, including law firms, architects, developers/property managers, commercial and industrial companies, universities, and local governments.

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