OC&C Strategy Consultants – Callidon Merger

Global consultancy strengthens U.S. presence

SAN FRANCISCO / BOSTON (June 29, 2007) — OC&C Strategy Consultants, a global consulting firm, is merging with The Callidon Group, a Boston-based consultancy, in order to increase its US presence and expertise in core practice areas.

The firm will operate under the OC&C name.

Globally, OC&C operates in more than 15 offices in 12 countries, with more than 45 partners. With existing U.S. offices in New York and San Francisco, OC&C Strategy Consultants specializes in providing consulting services to corporations and private equity firms in the financial services, consumer goods and retail sectors. The merger will add Boston to their global footprint and extend OC&C’s depth in media and publishing across the U.S.

“We are very pleased to welcome The Callidon Group to OC&C,” said Keri Aivazis, Managing Partner, OC&C USA. “Callidon has built an outstanding team of consultants and brings deep expertise in media and publishing, one of the focus sectors of our firm. As we continue our growth in the U.S., we’re looking forward to pursuing new opportunities that are now possible with our deeper and broader expertise.”

“This is a unique opportunity for Callidon.“We are very excited to be merging with OC&C. We look forward to leveraging their global reach and broader sector expertise to bring even greater value to our clients.” said John Eielson, partner with The Callidon Group.

About OC&C Strategy Consultants

OC&C Strategy Consultants work side by side with their clients to find innovative and practical solutions in all strategically important areas of business operation. OC&C provides a uniquely analytical approach coupled with significant industry experience to achieve pragmatic solutions for Fortune 500 companies as well as financial investors and government organizations. Founded in 1987, OC&C operates in North America, Europe, Asia and the Middle East.

OC&C was named one of the “100 Best Workplaces in Europe” in 2007 by the Great Places to Work Institute. To visit the OC&C Strategy Consultants website, please click here.

About The Callidon Group

“The Callidon Group delivers hands-on, data-driven, strategic business advice to a range of clients, including Fortune 500 and FTSE 100 companies. Founded in 2002 by John Eielson and Alastair Adam, the Boston-based firm has drawn from leading corporations, business schools and colleges to build a high caliber team of consultants. It has achieved rapid growth serving media and publishing, private equity and financial services clients across the US and Europe.”