Former Leadership Team of Adventis Corporation Joins Monitor Group Core Strategy Team

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CAMBRIDGE, Mass. --(Business Wire)-- Sept. 19, 2006 --

Strategic Additions Reflect Monitor's Emphasis on Serving the Needs of Telecommunications, Media and Technology Companies During Period of Fundamental Industry Change

Monitor Group, the Cambridge, Massachusetts-based international advisory firm with affiliated investment funds, today announced that the former North American leadership team of Adventis Corporation is joining its strategy practice effective immediately. Joining Monitor are Ford Cavallari, former worldwide head of the broadband and media practice of Adventis Corporation; Andy Belt, co-founder and former enterprise/telecom practice head of Adventis Corporation; and John Ryan, one of the three founders of RHK, Inc. and an industry expert in technology and network issues. Adventis Corporation, a North American-based strategic consulting firm, focused its services on telecommunications, media and technology.



Based on its longstanding work in the area, Monitor sees a fundamental redefinition of telecom, media, and technology companies now occurring. Whereas the "legacy" challenges for each separate sector comprised mainly the standard customer acquisition/retention and cost control issues, a new set of "converged" challenges for all three sectors has emerged, driven by increasingly blurred industry boundaries and renewed growth imperatives. These critical challenges include the management of new and disruptive business models (e.g. VoIP, VoD), the definition and control of the "home of the future", and the rationale for innovations and capital investments in new, multi-player consumer and business markets. With the addition of its new team members, Monitor is well positioned to build on its historical strength in strategy consulting to IT and international telecom clients, and to deploy the robust set of growth-oriented client services required in this space.

"These new colleagues bring expertise and insight in telecommunications, media and technology to enhance Monitor's strategic advisory business," said CEO Joe Fuller. "We are pleased to have this accomplished group joining our core strategy team."

Founded in 1983 by six entrepreneurs, including Harvard's Michael Porter and the company's current Chairman Mark Fuller, Monitor Group has 28 offices worldwide and offers a portfolio of strategic consulting services to clients who seek to grow top-line revenue, shareholder value, and individual and organizational capabilities. The firm works with the world's foremost business experts and thought leaders to help major multinational companies, governments and philanthropic institutions develop specialized capabilities in areas including competitive strategy, marketing and pricing strategy, innovation, national and regional economic competitiveness, non-profit management, technology/e-business, organizational design and development, and scenario planning. Monitor Group's separate merchant banking division consists of investment funds (both venture capital and private equity) as well as an M&A advisory service.
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