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Clarient Names Raymond J. Land Senior Vice President and Chief Financial Officer
Date:5/29/2008

ALISO VIEJO, Calif., May 29 /PRNewswire-FirstCall/ -- Clarient, Inc. (Nasdaq: CLRT), a premier anatomic pathology and molecular testing services resource for pathologists, oncologists and the pharmaceutical industry, today announced that, effective June 5th, veteran financial executive Raymond J. Land, 63, will join Clarient as Senior Vice President and Chief Financial Officer. Mr. Land has more than 15 years experience as a public company CFO in life sciences and related businesses and more than 30 years experience in financial and general management positions. Land, who spent the last year as CFO of Safeguard Scientifics, replaces James Agnello, who resigned the CFO position earlier this month.

Commenting on Mr. Land's appointment, Clarient CEO Ron Andrews said, "I would like to welcome Ray to the Clarient team. Clearly, Ray has the experience and knowledge base to have an immediate impact on Clarient's financial processes as we continue to develop and improve the necessary finance and accounting systems to support our rapid growth. Ray's experience on Wall Street combined with his knowledge of SEC and Sarbanes Oxley reporting requirements make him an excellent addition to our leadership team. His experience in strategic planning and M&A in the genomics space brings an added opportunity for contribution as we assess a number of strategic opportunities to augment our current growth trajectory."

Continuing, Andrews stated, "This is a natural transition given Safeguard's business model of hiring executives with operational experience to fill roles in partner companies as they become available. As CFO at Safeguard, Ray has been working with Clarient for almost a year now so he has a solid understanding of our business and ther
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SOURCE Clarient, Inc.
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