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Burson-Marsteller Acquires Genesis Public Relations India

NEW DELHI - December 12, 2005 - Global public relations firm Burson-Marsteller today announced the acquisition of Genesis, India’s leading public relations company.

Genesis is the sub-continent’s most respected public relations firm, with close to 200 employees, an extensive national network of wholly-owned offices in New Delhi, Mumbai, Kolkata, Bangalore, Hyderabad and Chennai, and representations in Gujarat, Rajasthan, Madhya Pradesh, Kerala, Tamil Nadu, Punjab and Uttar Pradesh, reaching over 80 cities across India.

“This is one of the most significant milestones in the 53-year history of Burson-Marsteller,” said Founding Chairman, Harold Burson. “Genesis Public Relations is a world class company with exceptional leadership. We are very proud that they have agreed to become part of Burson-Marsteller.”

Having recently returned from a visit to India, Mr. Burson added: “I was privileged to experience first-hand a company of extraordinary quality, with impressive intellectual and geographic reach. I also have received many compliments from Burson-Marsteller clients who work with Genesis.”

Filings have been made today with India’s Foreign Investment Promotion Board (FIPB) for approval of the transaction. After completion of the acquisition, the company will be renamed Genesis/Burson-Marsteller and will be integrated within the Burson-Marsteller Asia Pacific regional network. Genesis/Burson-Marsteller will be led by Genesis Public Relations Principal and Founder, Prema Sagar, and Chief Executive Officer, Ashwani Singla. Both will also join Burson-Marsteller’s Asia Pacific Leadership Board. .

Signing of agreement - left to right:  Ashwani Singla, Prema Sagar, Bill Rylance
"Burson-Marsteller is the global PR firm by which others are measured. To be a part of the best global public relations company reflects the strong strategic fit and shared values between Burson-Marsteller and Genesis Public Relations,” said Ms. Sagar, whose stature and leadership in the international public relations industry has recently been recognized with her induction into the International Communications Consultancy Organization’s (ICCO) Hall of Fame, one of only 10 professionals worldwide to receive the prestigious accolade. “This is a momentous occasion made possible by countless contributions from so many people who have worked in the firm since its inception,” she added.

Burson-Marsteller’s Asia-Pacific President and Chief Executive Officer, Bill Rylance, said the acquisition further strengthens the company’s strong regional capabilities. “Genesis is a clear leader in India in terms of talent, thought leadership, geographic reach and reputation.” said Mr. Rylance. “This is the coming together of two exceptional companies in a market that is globally-significant and critical to our clients.”

By number of employees, India and China now represent Burson-Marsteller’s second and third largest markets worldwide. “However, it is the quality of that talent more than the quantity which really excites us,” Rylance said. “The collective zeal to learn and grow in India – as in all of our vibrant Asia Pacific offices – is a constant source of inspiration and innovation for our company. It all points to a very bright future.”

Ashwani Singla, CEO, Genesis Public Relations said “Clearly, our vision at Genesis is to build a sustainable and a competitive institution that expands the growth horizons of the people in the firm and provides greater opportunities to collaborate with professionals all over the world.”

Singla added, “We can now more than ever leverage the global expertise, experience and reach of Burson-Marsteller to further enhance our ‘One Team, One Experience’ promise of seamless network, deep insights, innovation and quality, not only for all of our clients in India, but also for those organizations looking beyond our shores.”

For the third time in five years, Burson-Marsteller’s Asia-Pacific team was named “Network of the Year” at the 2005 annual Asia Pacific PR Awards, the industry’s top award recognizing outstanding public relations work across the region. The company was also the top-ranked firm in Media Magazine’s 2005 Asia Pacific Consultancy Report Card.

About Genesis/Burson-Marsteller
Genesis/Burson-Marsteller is India's most respected public relations firm. Established in 1992, today it employees close to 200 people and reaches over 80 cities across India. Genesis is known for its insight-based strategies, innovative execution and strong focus on measurement of results. It is enriched with over 500 man-years of collective wisdom. A trailblazer in the Indian public relations industry having pioneered many best practices, it is the first independent Indian public relations company to receive the CMS certification – the gold standard for quality adopted by the ICCO. Prema Sagar, Principal and Founder, is one of only ten individuals in the world to be inducted in the ICCO Hall of Fame in the year 2005.

About Burson-Marsteller
Burson-Marsteller, established in 1953, is a leading global public relations and public affairs firm. It provides clients with strategic thinking and program execution across a full range of public relations, public affairs, advertising, and web-related services. The firm’s seamless worldwide network consists of 54 wholly-owned offices and 46 affiliate offices, together operating in 58 countries across six continents. Burson-Marsteller is a part of Young & Rubicam Brands, a subsidiary of WPP Group plc (NASDQ: WPPGY), one of the world’s leading communications services networks.

First established in Hong Kong, Singapore and Tokyo in 1973, the Burson-Marsteller network in Asia Pacific includes offices in Bangalore, Beijing, Chennai, Guangzhou, Hong Kong, Hyderabad, Kolkata, Melbourne, Mumbai, New Delhi, Seoul, Shanghai, Singapore, Sydney and Tokyo; with affiliates in Auckland, Bangkok, Islamabad, Karachi, Manila, Taipei, and Wellington.

For the third time in five years, Burson-Marsteller’s Asia-Pacific team was named “Network of the Year” at the 2005 annual Asia Pacific PR Awards, the industry’s top award recognizing outstanding public relations work across the region. Burson-Marsteller Australia’s work for Novartis’ Elidel was named Campaign of the Year at the same awards. The company was also top-ranked in Media Magazine’s 2005 Asia Pacific Consultancy Report Card.


 
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