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

gnificant expertise across the development and commercialization continuum, from drug development and regulatory consulting to clinical pharmacology, clinical trials management, medical education and reimbursement. Perceptive Informatics, Inc., a subsidiary of PAREXEL, provides advanced technology solutions, including medical imaging, to facilitate the clinical development process. Headquartered near Boston, Massachusetts, PAREXEL operates in 69 locations throughout 52 countries around the world, and has more than 8,800 employees. For more information about PAREXEL International visit http://www.PAREXEL.com.

This release contains "forward-looking" statements regarding future results and events. For this purpose, any statements contained herein that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects," "intends," "appears," "estimates," "projects," "targets," and similar expressions are also intended to identify forward-looking statements. The forward-looking statements in this release involve a number of risks and uncertainties. The Company's actual future results may differ significantly from the results discussed in the forward-looking statements contained in this release. Important factors that might cause such a difference include, but are not limited to, risks associated with: actual operating performance; actual expense savings and other operating improvements resulting from recent restructurings; the loss, modification, or delay of contracts which would, among other things, adversely impact the Company's recognition of revenue included in backlog; the Company's dependence on certain industries and clients; the Company's ability to win new business, manage growth and costs, and attract and retain employees; the Company's ability to complete additional acquisitions and to integrate newly acq
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1. PAREXEL Reports Fourth Quarter and Fiscal Year 2008 Financial Results
2. PAREXEL Promotes Dr. Mark A. Goldberg to Chief Operating Officer
3. PAREXEL Announces Date of Fourth Quarter and Fiscal Year 2008 Earnings Release and Conference Call
4. PAREXEL International Updates Earnings Guidance in Conjunction with Its Investor Day
5. PAREXEL Expands Global Clinical Logistics Capabilities
6. Parexel Invites Public to Listen to Live Webcast of Its Investor Day June 25, 2008
7. PAREXEL Enhances Early Phase Clinical Development Offering for Central Nervous System Studies
8. PAREXEL Experts to Address Key Industry Topics at the Drug Information Association 44th Annual Meeting
9. PAREXEL Reaches Agreement To Acquire ClinPhone
10. PAREXEL International to Present at Goldman Sachs 29th Annual Global Healthcare Conference
11. PAREXEL Product Development and Regulatory Experts to Attend the 2008 BIO International Convention
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