Peter H. Spitz, founder of Chem Systems Inc., Is Appointed to Arthur D. Little's U.S. Senior Advisory Board

Business Wire, April 1, 2008

NEW YORK -- Arthur D. Little, Inc. (ADL), a leading global management and technology consulting firm is pleased to announce that Peter H. Spitz has been appointed Senior Advisor to Arthur D. Little's Chemicals Practice and has joined its U.S. Senior Advisory Board. After graduating from MIT, Peter held successive management positions with Esso Research & Engineering and Scientific Design Company. Peter founded Chem Systems, a leading international chemical consulting company which he later sold to IBM. Peter has over 30 years of chemical industry expertise helping multinational firms develop successful growth strategies while facing numerous complex issues, from portfolio restructuring to globalization. He has authored numerous articles and two landmark books entitled: Petrochemicals - The Rise of an Industry (John Wiley & Sons, 1988) and The Chemical Industry at the Millennium (Chemical Heritage Foundation (2003). Peter is widely recognized as one of the most renowned chemical experts in the world and is the holder of several patents in petroleum refining and chemical processing.

"The leading edge in the Chemicals business is innovation and sustainability. Peter Spitz' extraordinary career in always being on the leading edge gives our North America Practice an added edge to help our clients turn innovation into profits," according to Priscilla McLeroy, Director, Energy & Chemicals.

According to Markus Lahrkamp, Managing Director of Arthur D. Little North America, "We are excited to have Peter Spitz, a leading expert in the chemical industry, be a member of Arthur D. Little's Senior Advisory Board and Senior Advisor to our Chemicals Practice. His experience and insight will provide ADL's clients with innovative ideas and creative solutions to address the competitive and environmental demands of the marketplace. Peter has a successful track record of building and growing management consulting companies. We welcome Peter to our Team."

Peter possesses a B.Sc. in Chemical Engineering and a M.Sc. in Chemical Engineering Practice from the Massachusetts Institute of Technology, the university where Arthur Dehon Little founded the School of Chemical Engineering Practice and later, the consulting firm that bears his name. Peter Spitz states, "Arthur D. Little has long been a prominent management consulting firm with a rich history in the chemical industry. I am very pleased to be associated with its' strategy and business transformation practices and look forward to helping ADL's clients in shaping their business models to fit the challenges of the 21st Century."

About Arthur D. Little

Arthur D. Little, founded in 1886, is a global leader in management consultancy; linking strategy, innovation and technology with deep industry knowledge. We offer our clients sustainable engagement style, exceptional people, and a firm-wide commitment to quality and integrity. The firm has over 30 offices worldwide. With its partners Altran Technologies and Cambridge Consultants Ltd, Arthur D. Little has access to a network of over 16,000 professionals. Arthur D. Little is proud to serve many of the Fortune 100 companies globally, in addition to many other leading firms and public sector organizations. For further information, please visit www.adl.com