THE CHERTOFF GROUP EXPANDS WITH NEW OFFICE IN SAN FRANCISCO

WASHINGTON, D.C. –The Chertoff Group, a global security advisory firm founded by Michael Chertoff, former Secretary of the U.S. Department of Homeland Security (DHS), is pleased to announce the opening of a new office in San Francisco. Founded in 2009, The Chertoff Group provides consulting, business development, and merger and acquisition (M&A) advisory services for clients in the security, defense and government services industries.

“We are excited to be expanding our presence in Silicon Valley – the heart of innovation and home to so many truly transformative technologies,” said Michael Chertoff, Chairman of The Chertoff Group. “This office will enable us to share our analysis and insight in the homeland security, defense and intelligence space with this unique community that is developing many of the critical technologies needed to confront today’s global security challenges. Our team has helped an array of companies grow and meet their business objectives especially in the federal and international markets and we look forward to continuing this work on the West Coast.”

SAFRAN ACQUIRES L-1 IDENTITY SOLUTIONS

The Chertoff Group Served As Strategic Advisor to Safran

WASHINGTON, D.C. – The Chertoff Group is pleased to announce its client, Safran, has completed its acquisition of L-1 Identity Solutions for a total cash amount of $1.09 billion.  This successful combination of best-in-class biometric and secure credential technologies strengthens Safran’s position as a leading provider of enhanced identity management solutions within the fast-growing high-tech defense and homeland security market.

Safran previously announced a definitive agreement to acquire L-1’s Identity Solutions’ Biometrics and ID Management Solutions Businesses on September 20, 2010.   Following a comprehensive review, this transaction also received approval by the Committee on Foreign Investment in the United States (CFIUS) which identified no unresolved national security concerns.

Led by former U.S. Homeland Security Secretary Michael Chertoff, The Chertoff Group provides merger and acquisition advisory services for clients in the security, defense and government services industries. During this recent transaction, The Chertoff Group provided expertise on emerging biometric technologies; subject matter analysis and due diligence on national security applications; and strategic advice on the CFIUS review process.

Members of The Chertoff Group deal team included:  Michael Chertoff, Co-Founder and Managing Principal; Chad Sweet, Co-Founder and Managing Principal; Charles Allen, Principal; Larry Castro, Managing Director; J. Bennet Waters, PhD., Managing Director and Chief Operating Officer; and Richard Weiblinger, Senior Associate.

About The Chertoff Group

The Chertoff Group is a security and risk management advisory firm. Led by former U.S. Secretary of Homeland Security Michael Chertoff, the firm assists clients with addressing threats related to terrorism, fraud, cyber security, border protection and supply chain security, and also provides mergers and acquisitions advisory services for clients in the security, defense and government services industries.  In the last 18 months, The Chertoff Group has acted as a strategic advisor on several M&A transactions totaling more than $2.7 billion in deal value. The firm is based in Washington, D.C., with offices in London, New York and San Francisco.

For more information about The Chertoff Group, visit www.chertoffgroup.com.

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THE CHERTOFF GROUP HIRES JASON KAUFMAN AS MANAGING DIRECTOR

Senior Investment Banker to Accelerate Growth of Firm’s

Mergers and Acquisitions Advisory Practice

WASHINGTON, D.C. – The Chertoff Group is pleased to announce that Jason Kaufman has joined the firm as a Managing Director.  The move reflects the firm’s continued growth in providing strategic and financial advisory services to clients engaged in the national security, intelligence, defense and civilian government contracting markets.

Mr. Kaufman brings 12 years of investment banking experience providing merger and acquisition advice to government contractors.  During his career, he has advised on over 50 engagements and closed $2.5 billion in deal value.

Mr. Kaufman has worked with many of the industry’s leading firms, including BAE Systems, The Boeing Company, Honeywell International, ICF Consulting, Lockheed Martin, ManTech International, and Raytheon Company.  Most recently, he advised Veritas Capital on the sale of McNeil Technologies to AECOM Technology Company, as well as Computer Sciences Corporation on the divestiture of AdvanceMed Corporation to NCI Information Systems Inc.

Prior to The Chertoff Group, Mr. Kaufman spent eight years with BB&T Capital Markets | Windsor Group as a member of the firm’s senior leadership team.  He was also an early member of Quarterdeck Investment Partners, a boutique investment bank acquired by Jefferies.  Mr. Kaufman earned a BS from Georgetown University’s School of Foreign Service and a MBA from the Darden School of Business at the University of Virginia.

“The government contracting environment is changing rapidly.  By engaging The Chertoff Group, buyers and sellers can access the wise counsel of both experienced deal professionals and senior government decision makers who understand where spending priorities are headed,” said Chad Sweet, Co-Founder and Managing Partner of The Chertoff Group. “Jason’s relationships, market knowledge and deal acumen will accelerate our firm’s growth as a leading M&A advisor and add to The Chertoff Group’s distinct offering of deep market insights combined with global operational experience from our best in class leadership team.”

Secretary Michael Chertoff added, “Jason embodies many of the characteristics we seek  – a lifelong commitment to issues of national security and foreign policy, a proven track record as a trusted advisor to the government contracting community, and the ability to deliver keen insights to our clients based on years of hands-on deal experience.”

About The Chertoff Group

The Chertoff Group is a security and risk management advisory firm with corporate and government clients. The firm, which is led by former U.S. Secretary of Homeland Security Michael Chertoff, assists clients with addressing threats related to terrorism, fraud, cyber security, border protection and supply chain security, and also provides mergers and acquisitions advisory services for clients in the security, defense and government services industries.  In the last 18 months, The Chertoff Group has acted as a strategic advisor on several M&A transactions totaling more than $2.6 billion. The firm is based in Washington, D.C., with offices in London, New York and San Francisco.

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THE CHERTOFF GROUP EXPANDS WASHINGTON D.C. OFFICE
 
WASHINGTON, D.C. – The Chertoff Group, a strategic security and risk management advisory firm, today announced two new members to their Washington, D.C. office.   Cindy Farkus, a 29-year veteran of the National Security Agency (NSA) and former Department of Homeland Security (DHS) intelligence officer, has joined The Chertoff Group [...]

The Chertoff Group Marks First Full Year as Strategic Advisors on Multiple Security-Related Aquisitions in 2010

During its first full year of operation, The Chertoff Group provided strategic advisory services on multiple homeland security transactions totaling more than $2.1 billion

WASHINGTON, D.C. – Leveraging its unique subject matter knowledge of the homeland security, defense and intelligence sectors, The Chertoff Group provided strategic advice to its clients, including strategic and financial acquirers, on several key transactions in 2010. These transactions, totaling more than $2.1 billion in enterprise value, involved companies that provide technologies and solutions across a spectrum of security subsectors including biometrics, satellite systems engineering, personnel protection, security training, cyber security and data analytics. In 2010, The Chertoff Group acted as a strategic advisor for the following transactions:

Safran Group Enters Definitive Agreement to Acquire L-1 Identity Solutions

On September 20, 2010, the Safran Group announced a definitive agreement with L-1 Identity Solutions to purchase L-1’s Biometric, Secure Credentialing and Enrollment Services for $1.09 billion in cash on hand. Once the transaction is complete, Safran intends to incorporate these L-1 divisions as part of the Safran Group’s existing security business, Morpho, and solidify Safran’s presence as an industry leader for biometrics and identity management solutions. The transaction is expected to close during 2011, subject to regulatory approvals.

During this transaction, The Chertoff Group served as strategic advisors to Safran. The Chertoff Group members of the advisory team included: Michael Chertoff, Co-founder and Managing Principal at The Chertoff Group; Chad Sweet, Co-founder and Managing Principal at The Chertoff Group; and J. Bennet Waters PhD., Managing Director and Chief Operating Officer at The Chertoff Group.

Veritas Capital Acquires Enterprise Integration Group (EIG)

On October 13, 2010, Veritas Capital Fund IV announced its agreement to acquire the Enterprise Integration Group (EIG), a division of Lockheed Martin, for $815 million. EIG has been renamed as “The SI” and is a leading systems provider for architecture, engineering and integration services and support to the U.S. intelligence community. Veritas Capital and management intend to significantly grow opportunities for The SI as one of their portfolio companies dedicated to providing critical products and services to governments worldwide. This transaction officially closed on November 23, 2010.

During this transaction, The Chertoff Group served as a strategic advisor to Veritas Capital. The Chertoff Group members that advised on this transaction included the following professionals: General Michael Hayden, Principal at The Chertoff Group and former Director of the CIA and NSA; Chad Sweet, Co-founder and Managing Principal at The Chertoff Group; Charles Allen, Principal at The Chertoff Group with more than 40 years of service at the CIA; Paul Schneider, Principal at The Chertoff Group and former U.S. Department of Homeland Security Deputy Secretary; and Brian White, Managing Director at The Chertoff Group.

UTSC Holdings Acquires Xe Services

On December 17, 2010, UTSC Holdings, LLC, an investment company formed by a consortium of private equity firms led by Forté Capital Advisors and Manhattan Growth Partners, announced its decision to acquire Xe Services. Xe Services is a leading provider of training and technical services focused on worldwide diplomatic security operations. The acquisition specifically includes Xe companies that provide security services as well as domestic and international training, including Xe’s state-of-the-art training facility in Moyock, N.C. which has provided training to more than 50,000 U.S. government personnel.

As part of this transaction, The Chertoff Group served as strategic advisors to USTC Holdings. The Chertoff Group members of the advisory team included: Michael Chertoff, Co-founder and Managing Principal at The Chertoff Group; General Michael Hayden, Principal at The Chertoff Group and former Director of the CIA and NSA; Charles Allen, Principal at The Chertoff Group with more than 40 years of service at the CIA; Nat Fogg, Managing Director at The Chertoff Group; Gary Shiffman, Managing Director at The Chertoff Group; and Joseph Bernabucci, Senior Associate at The Chertoff Group, among others.

Arlington Capital Partners Invests in White Oak Technologies

On November 22, 2010, Arlington Capital Partners announced its investment in White Oak Technologies, Inc., a leading provider of identity resolution, cyber security and data analytics to federal government customers. Through its newly established portfolio company Data Technologies and Analytics, Arlington Capital Partners will help White Oak Technologies and Analytics grow and expand its critical national security services and IT solutions among clients, including the U.S. federal government and elements of the U.S. Intelligence Community.

The Chertoff Group served as strategic advisors to Arlington Capital in its acquisition of White Oak Technologies, Inc. Members of the advisory team included: Chad Sweet, Co-founder and Managing Principal of The Chertoff Group; General Michael Hayden, Principal at The Chertoff Group and former Director of the CIA and NSA; Charles Allen, Principal at The Chertoff Group with more than 40 years of service at the CIA; Paul Schneider, Principal at The Chertoff Group and former U.S. Department of Homeland Security Deputy Secretary; and Graham Love, Principal at The Chertoff Group and former CEO of QinetiQ.

About The Chertoff Group

The Chertoff Group is a global security and risk management advisory firm. Led by former U.S. Secretary of Homeland Security Michael Chertoff, the firm provides advisory services for mergers and acquisitions in the homeland security, defense and intelligence sectors. The Chertoff Group also advises clients on how to address threats related to terrorism, fraud, cyber security, border protection and supply chain security. The firm is headquartered in Washington, D.C., with offices in New York, San Francisco and London.

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FORMER HOMELAND SECURITY DEPUTY SECRETARY ELECTED CHAIRMAN

The Honorable Paul Schneider will Lead Foundation’s Board of Directors

BETHPAGE, NY – The Board of Directors of the Applied Science Foundation for Homeland Security announced its election today of the Honorable Paul Schneider as the Board’s next Chairman. Mr. Schneider, who is a principal at the Chertoff Group, was the immediate former Deputy Secretary at the Department of Homeland Security.

“We are very fortunate to have Paul leading our Board,” said Foundation President Frank Otto. “His vast depth of experience in the homeland security, defense and private sector arenas makes him the ideal leader to take our Foundation to the next level.” Otto said.

“I am both honored and excited to be part of this outstanding organization,” Mr. Schneider said in accepting the position. “The Foundation is a game-changer for the way homeland security end-users work with the private sector and academia and our efforts will, ultimately, make our nation safer.”

As Deputy Secretary, Mr. Schneider served as the Department’s chief operating officer with responsibility for managing DHS’ day-to-day operations. Prior to becoming the Department’s Deputy Secretary, Mr. Schneider served as Under Secretary for Management where he was responsible for, among other things, the department’s budget, appropriations, accounting and finance and acquisition and procurement.

Mr. Schneider holds a degree in nuclear engineering and is a member of the American Society of Naval Engineers (ASNE), Armed Forces Communications and Electronics Association (AFCEA), Association of Scientists and Engineers (ASE), Navy League, Association of Old Crows and the Naval Institute. He currently serves on several corporate boards and advisory groups.

The Foundation is a 501(c)(3) not-for-profit organization whose mission it is to help protect the United States from man-made and natural disasters by: (1) bringing together the public and private sectors and academia to develop and commercialize resilient and sustainable homeland security products and services; (2) providing a state-of-art command and control center for government entities; and, (3) offering the most up-to-date training and exercise programs for first responders and other homeland security end-users.

For more information about the Foundation, please contact Bradley Schreiber at (202) 683-2005, or bschreiber@asfhs.org.

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The Chertoff Group, a strategic security and risk management advisory firm, today announced that the Right Honorable Dr. John Reid, a former nine-time United Kingdom (UK) government minister and 23-year Member of Parliament, has joined the Chertoff Group in their London office.

The Chertoff Group, a strategic security and risk management advisory firm, announced Thursday that recently retired U.S. Navy Admiral Timothy J. Keating and the former Chief of the British Secret Intelligence Service (MI6) Sir John M. Scarlett have joined the Chertoff Group’s Board of Advisors.

The Chertoff Group, a strategic security and risk management advisory firm, today announced Richard Falkenrath will join the firm and their expert team of professionals helping to advise clients on today’s most pressing security challenges. The firm helps clients at each stage of the security process with a focus on prevention, preparedness, response and recovery.

“We are delighted Dr. Falkenrath has joined our team as a Principal. Richard has unparalleled operational and policy expertise, having played a leadership role in national and homeland security in the U.S. Government and the New York City Police Department,” said former Department of Homeland Security (DHS) Secretary Michael Chertoff.

The Chertoff Group, the rapidly expanding strategic security advisory group, is pleased to announce the opening of a London office to support its international client base, together with the appointment of its first London-based Principals.

The Chertoff Group, a strategic security and risk management advisory firm, today announced the formation of a Board of Advisors, bringing together a renowned group of leaders with unparalleled experience in the areas of intelligence, foreign policy, international trade, homeland security, and financial services. In addition, former U.S. Customs and Border Protection Acting Commissioner Jayson Ahern, former NSA official William Marshall, and homeland security and defense policy expert Brian White have joined the Chertoff Group

The Chertoff Group announced today five key additions to its leadership team. These individuals bring to the Chertoff Group vast expertise and decades of highly specialized experience in bio defense, cyber security, intelligence, border and transportation security, risk management, and emergency management

General Michael Hayden, who has led both the Central Intelligence Agency (CIA) and National Security Agency (NSA), is joining the security advisory firm the Chertoff Group as a principal, the firm announced today. Former Deputy Secretary for Homeland Security Paul Schneider, Former Undersecretaries of Homeland Security Charles Allen and Admiral Jay Cohen are also joining the Chertoff Group as principals.

Former United States Secretary of Homeland Security Michael Chertoff has formed a security advisory firm, The Chertoff Group, which will advise corporate and government clients on security and risk management issues. The firm helps clients at each stage of the security process with a focus on prevention, preparedness, response and recovery. The Chertoff Group also announced today a strategic partnership with communications firm Burson-Marsteller