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PAREXEL Closes the Acquisition of ClinPhone
Date:8/14/2008

Combined Capabilities Create the Industry's Largest eClinical Technology

Offering

BOSTON, Aug. 14 /PRNewswire-FirstCall/ -- PAREXEL International Corporation (Nasdaq: PRXL), a leading global biopharmaceutical services organization, today announced the successful closing of the acquisition of ClinPhone plc, a leading clinical technology organization. By combining ClinPhone with Perceptive Informatics, PAREXEL's wholly-owned technology subsidiary, Perceptive is now one of the industry's largest eClinical technology providers. The combined company offers unprecedented access to eClinical technologies and resources, providing clients and service providers with the benefits of an extensive line of products and services throughout the entire clinical development lifecycle.

Josef von Rickenbach, Chairman and Chief Executive Officer of PAREXEL International, said: "Biopharmaceutical companies require robust technology solutions to increase the efficiency and productivity of clinical research. This is especially important given the growing complexity and global nature of clinical studies today. We believe this acquisition further solidifies PAREXEL's leadership in providing integrated clinical and technology expertise. Combining the sophisticated, in-depth capabilities of Perceptive and ClinPhone represents a major step forward for PAREXEL in meeting increased industry demand for a truly comprehensive eClinical platform."

Steve Kent, former Chief Executive Officer of ClinPhone and newly- appointed President of Perceptive Informatics said: "Both companies bring tremendous capabilities to this deal. As a combined clinical technology company, Perceptive Informatics enables customers to benefit fr
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SOURCE PAREXEL International Corporation
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