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PharmaNet Announces Tender Offer and Consent Solicitation
Date:5/27/2011

th the understanding that actual future results may be materially different from what we plan or expect. All of the forward-looking statements made in this press release, including statements related to the Offer, including the Expiration Time, Consent Payment Deadline and possible completion of the Offer, are qualified by these cautionary statements and investors are cautioned not to place undue reliance on these forward-looking statements. In addition, these forward-looking statements present our estimates and assumptions only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release, except, with respect to the Offer, as specifically set forth in this press release or as otherwise required by law.

Contact:   Lilian G. Burke
Phone:   609-951-6839
E-mail:   lburke@pharmanet.com


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SOURCE PharmaNet Development Group, Inc.
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