NERA Vice President Christian Dippon Elected to International Telecommunications Society Board of Directors

10 August 2006

San Francisco/10 August 2006 -- NERA Economic Consulting, a leading global provider of economic research and analysis in business, legal and regulatory matters, today announced that Vice President Christian Dippon has been elected to the Board of Directors of the International Telecommunications Society (ITS). He will serve as a member of the ITS Finance Committee.

Mr. Dippon is a noted authority on communications regulation and policy. He has worked on a wide range of related issues for NERA's communications and intellectual property (IP) practices, including the regulation of wireline and wireless services, horizontal and vertical mergers, anti-trust violations, convergence, demand forecasting, pricing and dispute resolutions. He based in NERA's San Francisco office.

Mr. Dippon has been cited by The American Lawyer for his work on Japanese intellectual property issues. A frequent lecturer on communications and high-tech topics, Mr. Dippon recently co-authored a chapter in the 2006 edition of The Preston Gates Guide to Telecommunications in Asia, an overview of the convergence movement in telecommunications, the driving forces behind it, and the impact of convergence on regulation and antitrust analyses. He also is a contributing author of the book, Economic Approaches to Intellectual Property Policy, Litigation, and Management.

Prior to joining NERA, Mr. Dippon was an analyst at BMW in Bangkok, Thailand. He speaks Thai, Spanish, French, and German.

The International Telecommunications Society is an association of professionals in the information, communications, and technology sectors with about 400 members worldwide. ITS provides a forum where business leaders, policy makers and academics can meet to identify pressing new issues, share research results, and form new relationships and approaches to address outstanding issues.

NERA Economic Consulting (www.nera.com), founded in 1961 as National Economic Research Associates, is a unit of Mercer Specialty Consulting Group, an MMC company.

About NERA

NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For over half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.

NERA's clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world's largest economic consultancies. With its main office in New York City, NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific.