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eResearchTechnology Reports Fourth Quarter and Full Year 2007 Results
Date:2/26/2008

stomers to automate the collection, analysis, and distribution of clinical data in all phases of clinical development.

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, including, but not limited to, 2008 financial guidance, involve a number of risks and uncertainties such as the Company's ability to obtain new contracts and accurately estimate net revenues due to uncertain regulatory guidance, variability in size, scope and duration of projects, and internal issues at the sponsoring client, integration of acquisitions, competitive factors, technological development, and market demand. As a result, actual results may differ materially from any financial outlooks stated herein. Further information on potential factors that could affect the Company's financial results can be found in the Company's Reports on Form 10-K and 10-Q filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

eResearchTechnology, Inc. and Subsidiaries

Consolidated Statements of Operations

(in thousands, except per share amounts)

Three Months Ended December 31, The Year Ended December 31,

2006 2007 2006 2007

(unaudited) (unaudited) (unaudited)

Net revenues:

Licenses $681 $687 $3,017 $2,700

Services 13,269 21,565 55,309 69,547

Site support 5,975 6,657 28,042 26,451

Total net revenues 19,925 28,909 86,368 98,698

Costs of revenues:

Cost of licenses 58
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SOURCE eResearchTechnology, Inc.
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