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PAREXEL Ranks as a "Best 5 Outsourcing Company for the Pharmaceutical Industry" by IAOP®
Date:8/24/2011

BOSTON, Aug. 24, 2011 /PRNewswire/ -- PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, today announced that the Company has been included on the "Best 5–Pharmaceutical" industry sublist as part of The International Association of Outsourcing Professionals® (IAOP®) annual ranking The Global Outsourcing 100.

IAOP is in the sixth year of compiling its annual ranking of the world's best outsourcing service providers and advisors. The Global Outsourcing 100 and its sublists are valued references for companies seeking new and expanded relationships with the best companies in the industry. The independently-judged evaluation process considers four key criteria: size and growth, customer experience, depth and breadth of competencies and management capabilities.

"The companies on The Global Outsourcing 100 list are proven leaders and rising stars," said IAOP Chairman Michael Corbett and chair of the judges' panel. "They are the companies to partner with to achieve success and better outsourcing outcomes."

"PAREXEL is honored to be selected for the 'Best 5–Pharmaceutical' industry sublist by the judges of The Global Outsourcing 100," said Josef von Rickenbach, Chairman and Chief Executive Officer of PAREXEL International. "The biopharmaceutical industry is exploring new ways to address key time and cost challenges through more effective outsourcing, while achieving more efficient development and commercialization of important new treatments.  At PAREXEL, a key focus is to deliver high levels of quality and best-practice outsourcing models to create significant value for our clients."

About IAOP The International Association of Outsourcing Professionals® (IAOP®) is the global, standard-setting organization and advocate for the outsourcing profession. With more than 110,000
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SOURCE PAREXEL International Corporation
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