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Encorium Reports First Quarter 2009 Financial Results
Date:5/19/2009

n of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events. Please refer to the section entitled "Risk Factors" in the Form 10-K for a more complete discussion of factors which could cause our actual results and financial position to change.

You should not place any undue reliance on these forward-looking statements which speak only as of the date of this press release. Additional information concerning factors that might affect our business or stock price which could cause actual results to materially differ from those in forward-looking statements is contained in Encorium Group's SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2008 and other periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from Encorium Group's investor relations department.

                                 ENCORIUM GROUP, INC.
                  CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS
                                    (UNAUDITED)

                                                    Three Months Ended
                                                         March 31,
                                                  2009              2008

         Net revenue                           $7,025,426      $  7,483,606
         Reimbursement revenue                  1,706,165         1,106,030
    Total Revenue                               8,731,591         8,589,636

    Operating Expenses
        Direct (exclusive of
         depreciation and amortization)         4,367,176         5,539,671
        Reimbursement out-of-pocket expenses    1,706,165         1,106,030
        Selling, general and administrative     2,666,874         3,472,871
        Depreciation and amortization             190,929           645,277
    Total Operating E
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SOURCE Encorium Group, Inc.
Copyright©2009 PR Newswire.
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