Exponent is a leading engineering and scientific consulting firm providing solutions to complex technical problems. Our multidisciplinary team of scientists, physicians, engineers, and regulatory consultants will perform either in-depth scientific research and analysis, or very rapid-response evaluations, to provide our clients with the critical information that both day-to-day and strategic decisions can require.
In April 1967, five Ph.D.-level researchers, with expertise in materials science, engineering mechanics, and structural analysis, decided to start a consulting business called Failure Analysis Associates®
(FaAA). By the early 1970s, FaAA's work for the energy industry in stress and fracture mechanics-how things crack and break-brought the company national recognition. Within a few years, we were investigating and analyzing accidents and failures of all kinds. People began to talk about our work in structural and stress analysis, mechanical engineering, materials engineering and metallurgy, transportation and utilities, the process industry, and risk analysis.
In 1989, a holding company for FaAA was formed, called The Failure Group, Inc. The Failure Group went public in August 1990, trading on NASDAQ under the symbol FAIL. During the 1990s, we began looking to develop alliances with companies that offered services complementary to those already offered by FaAA.
In late 1996, The Failure Group acquired Environmental Health Strategies (now Exponent's Health Centers). Since that time, it is one of our largest growth practices. Our scientists, physicians, and regulatory specialists provide unparalleled, interdisciplinary expertise to evaluate the full range of environmental and public health issues that face our nation and the world.
In May 1997, The Failure Group acquired Performance Technologies, Inc. (dba PTI Environmental Services) which is now Exponent's Environmental Practices. Exponent's scientists and engineers provide proven, cost-effective, scientifically defensible, and realistic assessments and solutions to complex environmental issues.
Soon, we realized that the firm was offering a broader range of services than just our traditional "failure analysis," and the name of our organization needed a change. In March of 1998, we changed our name to Exponent, meaning "one who expounds or interprets" - which is exactly what we are best at!
In May 2002, Exponent acquired Novigen Sciences, Inc. (now Exponent's Center for Chemical Registration and Food Safety). Our staff in this area specializes in timely, high-quality, creative, and practical solutions to problems that affect our clients' ability to conduct business globally.
In June 2005, Exponent opened its first office in China. Exponent Science and Technology Consulting Co., Ltd. (Hangzhou), also known as Exponent China Ltd., is located in the Hangzhou Hi-Tech Development Zone, and provides engineering and scientific consulting services to meet the increasing demand for technical support to U.S. and international companies operating in East Asia. In 2008, we added to our presence in Europe, opening an office in Switzerland. We now service our European clients through offices in the United Kingdom, Germany and Switzerland.
Today, Exponent offers more than 90 different disciplines through a network of 20 U.S. and 5 international locations. Our staff totals over 900 and includes more than 350 Ph.D.s and M.D.s.