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ERT Reports First Quarter 2011 Operating Results
Date:5/2/2011

.  There is no guarantee that the amounts in our backlog will ever convert to revenue.  Should the economic conditions deteriorate, the cancellation rates that we have historically experienced could increase.  Further information on potential factors that could affect the Company's financial results can be found in ERT's Reports on Form 10-K and 10-Q filed with the Securities and Exchange Commission.  Guidance is based on management's good faith expectations given current market conditions but that continued or further deterioration of general economic conditions, in addition to other factors cited elsewhere, could result in ERT not achieving the revenue and net income per diluted share guidance provided.

Forward-looking statements speak only as of the date made.  We undertake no obligation to update any forward-looking statements, including prior forward-looking statements, to reflect the events or circumstances arising after the date as of which they were made.  As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included in this release or that may be made in our filings with the Securities and Exchange Commission or elsewhere from time to time by, or on behalf of, us.Contact:Keith Schneck

Robert EasteResearchTechnology, Inc.

Westwicke Partners, LLC215-282-5566

443-213-0502eResearchTechnology, Inc. and SubsidiariesConsolidated Statements of Operations(in thousands, except per share amounts)(unaudited)Three Months Ended March 31,20102011Net revenues:Services

$
4,835$
23,977Site support

7,03317,722Total net revenues

21,86841,699Costs of revenues:Cost of services

7,31113,156Cost of site support

2,79910,123Total costs of revenues

10,11023,279Gross margin

11,75818,420Operating expenses:Selling and marketing

3,4084,175General and administrative

4,7457,508Research and
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SOURCE ERT
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