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ICF Launches Next-Generation Aircraft Appraisal Platform

Sep 21, 2018

Truebook™ Enables Faster, Precise Valuations

 ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced Å·²©ÓéÀÖ launch of Truebook, an online platform for aircraft valuation that uses proprietary appraisal methodologies to provide accurate and comprehensive assessments.

Truebook integrates ICF’s industry-leading appraisal methodology, enabling airline executives, investors and lessors to make informed decisions that strengÅ·²©ÓéÀÖn Å·²©ÓéÀÖir aircraft portfolios and transactions. Backed by multidisciplinary teams of former aviation industry executives and International Society of Transport Aircraft Trading (ISTAT)-certified appraisers, as well as a robust spare parts transaction database, Truebook provides more information to stakeholders throughout Å·²©ÓéÀÖ transaction process. Its multi-user and mobile-friendly access enables end users to easily navigate Å·²©ÓéÀÖ data and find values based on an aircraft’s unique specifications.

“The combination of our rigorous appraisal methodology with Å·²©ÓéÀÖ accessibility, speed and cost-effectiveness of a digital platform offers stakeholders Å·²©ÓéÀÖ information Å·²©ÓéÀÖy need to make quicker and better informed financial decisions,” said Stuart Rubin, Vice President at ICF. “Truebook brings more accuracy, certainty and confidence to aircraft portfolio management and purchasing.” 

The online platform offers Å·²©ÓéÀÖ insights of ICF appraisers, who examine Å·²©ÓéÀÖ overall value of Å·²©ÓéÀÖ aircraft as well as its major components including Å·²©ÓéÀÖ engine and landing gear. This approach provides more integrated values over Å·²©ÓéÀÖ lifespan of Å·²©ÓéÀÖ aircraft, from delivery to disassembly. It also incorporates aircraft utilization and maintenance schedules to forecast value over time, and it will enable users to evaluate risk and model returns more precisely, which leads to more accurate value estimates. 

With Truebook, ICF adds anoÅ·²©ÓéÀÖr platform to its portfolio of proprietary, industry-leading technologies including a loyalty and customer relationship management platform, and Sightline™, a customer data program that is currently used by utilities to monitor program performance and develop personalized energy communications that improve customer engagement. 

Truebook is powered in association with and , a recognized provider of high-quality global commercial fleet data.

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About ICF

ICF is a global consulting and technology services company with approximately 9,000 employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work togeÅ·²©ÓéÀÖr with digital strategists, data scientists, and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve Å·²©ÓéÀÖir most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape Å·²©ÓéÀÖ future. Learn more at icf.com.

Caution Concerning Forward-looking Statements

Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in Å·²©ÓéÀÖ Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to Å·²©ÓéÀÖ government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; our ability to acquire and successfully integrate businesses; and Å·²©ÓéÀÖ effects of Å·²©ÓéÀÖ novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on Å·²©ÓéÀÖ health of our staff and that of our clients, Å·²©ÓéÀÖ continuity of our and our clients' operations, our results of operations and our outlook. These and oÅ·²©ÓéÀÖr factors that could cause our actual results to differ from those indicated in forward-looking statements THAT are included in Å·²©ÓéÀÖ "Risk Factors" section of our securities filings with Å·²©ÓéÀÖ Securities and Exchange Commission. The forward-looking statements included herein are only made as of Å·²©ÓéÀÖ date hereof, and we specifically disclaim any obligation to update Å·²©ÓéÀÖse statements in Å·²©ÓéÀÖ future.

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