Former US Under Secretary of Commerce Mario Mancuso Joins Fried Frank, Expanding Firm's Global Transaction and Regulatory Capabilities

By Fried Frank Harris Shriver Jacobson, PRNE
Wednesday, October 27, 2010

WASHINGTON, October 28, 2010 - Former US Under Secretary of Commerce for Industry and Security and
senior Pentagon official Mario Mancuso has joined Fried Frank as a partner
resident in its Washington, DC and New York offices. Mr. Mancuso is a
prominent authority on international security matters and the U.S.
government's regulation of international economic activities particularly
with respect to foreign direct investment in the US and US export control
laws and regulations. During his tenure in government, he played a leading
role in key initiatives including the regulation of foreign direct
investment; export controls, economic sanctions and anti-boycott programs;
and strategic technology and innovation policy. For example, Mr. Mancuso:

    - Served as a senior-decision-maker in the Committee on Foreign
      Investment in the United States (CFIUS), helped draft the implementing
      regulations for the Foreign Investment and National Security Act of
      2007 (FINSA), and reviewed more than 200 CFIUS transactions as a
      regulator;
    - Developed and implemented the Bureau of Industry and Security's (BIS)
      global export control, anti-boycott policy and enforcement program, and
      helped develop the international economic sanctions programs;
    - Chaired and supervised all of the international strategic technology
      dialogues for the United States, including the US-China High
      Technology and Strategic Trade Working Group, the US-India High
      Cooperation Group, and the US-Israel High Technology Forum; and
    - Served as an invited member of CFIUS Advisory Committee and Global
      Markets Board of the National Intelligence Council of the United
      States.

"We are very pleased to welcome Mario to Fried Frank. He will be a
tremendous resource for the Firm's corporate and investment firm clients, as
we help them pursue their international business goals. We have seen a
significant increase in cross-border investment activity in the technology,
mining, defense and transportation sectors. Mario's ability to provide
strategic counsel in the area of foreign direct investment and export
controls will be of genuine benefit to our clients," said Valerie Ford Jacob,
Fried Frank's Chairperson.

"Serving clients' transactional and business needs requires a
sophisticated ability to address the security, trade and economic issues
related to the sale and distribution of products and services in the global
marketplace," stated Robert C. Schwenkel, Chair of Fried Frank's Corporate
Department. "Mario's front-line experience and high-level expertise in these
areas will bring a valuable perspective to our representation of clients
around the globe."

Mr. Mancuso's government experience includes positions as Deputy
Assistant Secretary of Defense for Special Operations and Counter Terrorism
and as a Special Counsel in the Office of the Secretary of Defense. A former
US Army officer, he is a combat veteran of Operation Iraqi Freedom.

Prior to joining the government, Mario spent nearly a decade in the
private sector as a corporate lawyer advising clients on international
mergers and acquisitions and capital markets transactions. Mr. Mancuso was
most recently a partner at another leading international law firm.

A magna cum laude graduate of Harvard University, Mr. Mancuso received
his JD degree from the New York University School of Law. He is admitted to
the bar in the District of Columbia and New York.

Fried, Frank, Harris, Shriver & Jacobson LLP is a leading international
law firm. From its offices in New York, Washington, London, Paris, Frankfurt,
Hong Kong and Shanghai, the Firm's more than 500 lawyers regularly serve the
world's leading corporations and financial institutions with regard to their
most critical legal needs and business opportunities. More information about
Fried Frank can be found at www.friedfrank.com.

Jennifer Nash, Communications Manager, +1-212-859-4511, jennifer.nash at friedfrank.com

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