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ERT Announces Stockholder Approval of Merger
Date:6/22/2012

PHILADELPHIA, June 22, 2012 /PRNewswire/ -- eResearchTechnology, Inc. (Nasdaq: ERT), a global technology-driven provider of health outcomes research services to biopharmaceutical sponsors and contract research organizations, announced today that at a special meeting of stockholders held this morning, its stockholders approved, among other things, the proposal to adopt the Agreement and Plan of Merger, dated as of April 9, 2012, pursuant to which ERT will be acquired by affiliates of Genstar Capital LLC, a leading middle market private equity firm for $8.00 per share in cash.

Approximately 77.5% of the shares of ERT common stock issued and outstanding as of the close of business on May 18, 2012, the record date for the special meeting, were represented in person or by proxy at the special meeting.  Approximately 99.2% of the shares represented in person or by proxy at the special meeting, constituting approximately 77.0% of the total number of shares of ERT common stock issued and outstanding as of the record date, voted in favor of the proposal to adopt the merger agreement.

The completion of the acquisition of ERT by Genstar is subject to the satisfaction of closing conditions set forth in the Merger Agreement and discussed in ERT`s definitive proxy statement filed with the Securities and Exchange Commission on May 21, 2012. 

About ERT

ERT (www.ERT.com) is a global technology-driven provider of health outcomes research services and customizable medical devices supporting biopharmaceutical sponsors and contract research organizations (CROs) to achieve their drug development and healthcare objectives. ERT harnesses leading technology coupled with unrivaled processes and scientific expertise to collect, analyze, and report on clinical data to support the determination of health outcomes critical to the approval,
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SOURCE ERT
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