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Global Insight Expands its European Energy Service with Three Senior Experts Foster, Ellis, and Callanan to join Paris office


Waltham, MA, 8 May 2006 — Global Insight, Inc., the world's leading company for economic and financial analysis and forecasting, today announced the addition of three senior Energy experts, Scott Foster, Andrew Ellis, and David Callanan, to its rapidly expanding global energy practice. Foster, Ellis, and Callanan, cofounders of ECON Energia, have over 50 years of experience in providing consulting and advisory services to clients in the energy sector. They will be based in Global Insight's Paris office.

  • Scott Foster joins Global Insight as Managing Director of Global Power
  • Andrew Ellis joins Global Insight as a Principal with the European Energy Practice
  • David Callanan joins Global Insight as Managing Director of Business Development, Energy

Scott Foster comes to Global Insight with an impressive track record and over 25 years of experience in the energy sector. Prior to his position as president of ECON Energia, Foster's recent experience includes AES where he was vice president for Global Regulatory Affairs, and Cambridge Energy Research Associates, where he was senior director, European and Global Power Markets.

Andrew Ellis, who will be focussing on European and international gas issues, is an experienced natural gas and power analyst with over 17 years of experience in consulting, model development, and research within the European and international energy markets. For the past eight years, Ellis has been with ECON Energia and ECON Analysis as a partner and director of Gas Studies.Most recently, Ellis led the European gas analyses of their long-term gas and power scenario study.

David Callanan, an experienced sales and marketing professional in the energy services and consulting field, comes to Global Insight with extensive industry contacts and excellent energy knowledge. Callanan's recent experience includes ECON Energia, where he was director of Business Development, and Cambridge Energy Research Associates, where he was director of European Marketing and Sales.

Kevin Lindemer, executive managing director of Global Insight's Energy Practice, stated, We are delighted to have Scott, Andrew, and David join our team. They bring an impressive track record of accomplishment and a depth of expertise and knowledge that will be highly complementary to our team. They fit right in with our commitment in making Global Insight's Energy Practice the most highly respected brand for energy insights and analyses.

Foster, Ellis, and Callanan each can be reached at Global Insight's Paris office at +33 1 55 45 26 00, or via e mail, respectively, at: scott.foster@globalinsightcom, andrew.ellis@globalinsight.com, or david.callanan@globalinsight.com.

Contact
Graham Weale, Global Insight, Director European Energy Service
+44 (0)20-8544-7882 (graham.weale@globalinsight.com)

Gavin Knight, Global Insight, Media Relations
+44 (0)20-7452-5183 (gavin.knight@globalinsight.com)

About Global Insight's Global Energy Practice
The Global Energy Group is recognized for its integrated approach to energy strategy development, energy market analysis, comprehensive energy industry forecasts, and thorough study of the implications of regulatory and competitive issues. With an international team of 40 experts located in Lexington, MA, London, and Paris, Global Insight's energy clients consist of most of the world's large power, gas and oil companies, the European Commission, financial institutions, as well as many governmental agencies throughout the world.

About Global Insight
Global Insight, Inc. (http://www.globalinsight.com) is a privately held company that brought together the two most respected economic information companies in the world, DRI and WEFA. Global Insight provides the most comprehensive economic and financial information available on countries, regions and industries, using a unique combination of expertise, models, data and software within a common analytical framework to support planning and decision-making. Through the world's first same-day analysis and risk assessment service, Global Insight provides immediate insightful analysis of market conditions and key events around the world, covering economic, political, and operational factors. The company has over 3,800 clients in industry, finance and government with revenues in excess of $80 million, over 600 employees and 23 offices in 13 countries covering North and South America, Europe, Africa, the Middle East and Asia.



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